HFMA members step into new leadership roles in healthcare finance
Several HFMA members have kicked off 2024 by taking on new healthcare finance leadership roles. Here’s an overview of some of the hirings announced during the first quarter of the year. John Ceelen is the new CFO at Bellin and Gundersen The recently merged Bellin and Gundersen Health System in Green Bay, Wis., has tapped…
Joshua Corman unpacks the consequences of the Change Healthcare cyberattack on an HFMA podcast episode
The February cyberattack on Change Healthcare, a unit of UnitedHealth Group, continues to cause concern and frustration for providers.a The March 25 episode of HFMA’s “Voices in Healthcare Finance” podcast featured an interview about the long-term effects with Joshua Corman, founder of I Am the Cavalry, an organization focused on cybersecurity, and former chief strategist for…
Dennis Dahlen: Of Blackcats and the dark web: The value of HFMA in times of crisis
The repercussions from the large-scale cyberattack perpetrated by ALPHV Blackcat on Change Healthcare — a company that touches one out of three patient records — likely will be felt for months, the American Hospital Association (AHA) suggests. That’s why it was so important that HFMA take a lead role in getting answers for members and…
Georgia Chapter engages new members via a webinar series
Education is the cornerstone of HFMA’s Georgia Chapter. So it’s no surprise that members can’t seem to get enough of the Chapter’s robust educational programming. In fact, they’ve asked for even more — more topics, more opportunities and more ways to access content. In response, the Chapter added another layer to its already strong educational…
Battle of the Bots: As payers use AI to drive denials higher, providers fight back
Two fighters face each other in the ring, circling together, assuming there will be a single victor. One, representing the U.S. health insurance industry, has made huge investments in aggressive technology over the past several years to automate claim processing and reviews, making it hard for the other fighter — representing the nation’s healthcare providers…
Jill Geisler: Make sure your written communication hits the mark
The best leaders are good communicators, whether speaking or writing. That’s why it’s important to periodically assess how well you’re performing in this area. My last column offered tips to improve your presentations. This one is designed to help upgrade your writing game, focusing on memos, email and social media. 1 Maximize memo impact Whether…
Budgeting for healthcare technology is not just a numbers game
In recent years, the healthcare industry has seen a rapid proliferation of new technologies with promising healthcare applications. This trend has created a challenge for most U.S. hospitals and health systems, given their severe budget constraints, in deciding which of these new technologies constitute the best investment options for their organizations. Add to their technology…
David Johnson: GoFundMe helps some pay for healthcare, but it’s an awful solution
During the chaotic runup to the 2020 elections, President Trump nominated Judge Amy Coney Barrett to fill Ruth Bader Ginsberg’s vacated seat. On Sept. 26, 2020, Trump held a White House Rose Garden ceremony to celebrate Coney Barrett’s nomination. It became a COVID-19 super-spreader event. At least 11 of the attendees contracted COVID. They included…
Lisa Montman: Lessons on a journey to leadership in the nonprofit world
Having a diverse background in finance, with time spent working outside of healthcare, can give a healthcare CFO a unique perspective that is uncommon for the position. Such experience describes the journey of Lisa Montman, CPA, senior vice president and CFO at HonorHealth, a six-hospital, 1,372-bed, not-for-profit health system headquartered in Scottsdale, Ariz. Montman’s career…
8 healthcare trends for 2024: A guide for health system leaders and their boards
As health systems progress through 2024, they will require effective governance to successfully navigate the rising headwinds. As they plan and execute initiatives, their leaders and boards should remain informed about eight key trends that will have a growing impact on the industry and the future success of their organizations. 1 Continued big technology M&A…