How a dashboard and an 8-step process helped a hospital slash drug costs
Penn-Presbyterian Medical Center reduced its cost for anesthesia medications by creating a dashboard to assess usage patterns and using a change management process to encourage providers to embrace improvement opportunities.
Medicare for All — for what?
When seeking solutions for problems facing the industry, healthcare finance leaders should take an objective approach, seeking to clearly frame the problem the solutions are intended to address.
Critical access hospitals reap benefits of HFMA Enterprise Membership
HFMA’s Enterprise Membership program offers critical access hospitals vital tools and resources that their leaders and team members need to succeed in today’s ever-changing healthcare landscape.
New HFMA National Chair kicks off term with dare
Michael Allen, FHFMA, CPA, HFMA’s Chair for FY2019-2020, describes his Chair theme, Dare You 2 Move, challenging healthcare finance leads to move out of their comfort zones so they can grow.
The first step toward improving price transparency and the patient financial experience
HFMA President and CEO Joe Fifer offers advice on where to begin improving the financial experience for consumers.
Getting the full value out of a transaction/acquisition plan
A practical article based on a November webinar by Grant Thornton LLP that discusses the four steps involved in effectively executing a transaction or acquisition and best practices for reducing costs and mitigating risk.
Analyzing pre-payment and point-of-service collections efforts
Important learnings from a June 2019 HFMA Annual Conference intercept survey about how hospitals and health systems are making strides in proactively collecting patient payments.
Hypersensitivities only serve to suppress honest equity conversations
The racial equity conversation needs to be had in this country, and even with hypersensitivity around the topic, HFMA’s Community DEI group is now having the conversation.
hfm: June 2021
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USA Senior Care Network provides hospitals with incremental patient volume and increased revenue
One company’s senior director explains how hospitals or health systems can grow their market share without risk of bad debt when joining this company’s network.