Financial Analytics Leadership Council members share 5 challenges, responses to pandemic’s financial long haul
Financial leaders discuss how the pandemic has impacted revenue, volume and expenses, which has thus created a need for data and analytics.
NFP hospital profitability plummeted in 2020 despite expense mitigation strategies, Moody’s reports
Profits were down in the not-for-profit and public healthcare sector in FY20, but management strategies helped to increase liquidity amid the COVID-19 pandemic.
3 questions with Katie Gilfillan: Why it’s time for the healthcare industry to address cost effectiveness of health
HFMA’s director of professional practice and clinical relationships discusses the importance of the Association’s Cost Effectiveness of Health event.
Congressional hearing showcases the divergence in the two parties’ views on how to improve U.S. healthcare
One witness at a hearing of a House subcommittee touted price transparency as an essential tool for addressing healthcare costs.
How Scripps Health used demand modeling to prepare for the pandemic’s uncertainties
Two executives from San Diego-based Scripps Heath discuss how the health system has employed emerging demand modeling techniques to realize the full power of rolling forecasting during the unprecedented times of the COVID-19 pandemic.
Health system leaders state their case for prolonging the moratorium on the Medicare payment sequester
Hospitals and health systems urgently need Congress to extend the freeze on the 2% Medicare payment sequester, industry leaders said.
Healthcare News of Note: Hospitals await disbursement of remaining COVID-19 relief funds
Healthcare News of Note for healthcare finance professionals is a roundup of recent news articles, including hospitals waiting on COVID-19 relief funds, HHS postponing implementation of the SUNSET rule and confirmation of a new HHS assistant secretary for health who is the first openly transgender person to be confirmed for a position by the Senate.
Site-neutral payments could reduce healthcare spending by at least $350 billion over 10 years, report finds
If site-neutral payments were implemented throughout healthcare, the reduction in expenditures could total as much as $672 billion over a decade, according to a new report.
Healthcare News of Note: Biden administration appears to be well-aligned with all sectors of the industry
Healthcare News of Note for healthcare finance professionals is a roundup of recent news articles, including the industry’s alignment with President Biden, why many HHS regulations could be in peril and the effect of vaccines on chronic COVID-19 symptoms.
GAO report examines how pass-through status affects Medicare payments for drugs used in outpatient care
A Government Accountability Office report finds that Medicare pays more to cover drugs used in hospital outpatient settings when pass-through payment status is in effect.