Accounting and Financial Reporting

Congress passes funding compromise with only $3 billion in provider aid

A final federal spending and coronavirus relief package includes big wins and losses for hospital finances.

Rich Daly December 22, 2020

Provider responses to prospective compromise on surprise billing range from concerns to opposition

Congressional healthcare committees are urging leaders to include a “compromise” on surprise medical bills in year-end legislation, but providers are worried about it.

Rich Daly December 21, 2020

Determining cost of capital can be a tricky matter for not-for-profits

An important question for healthcare finance leaders is, “What is our cost of capital?” The answer to this question, however, is not at all straightforward and ultimately depends on context, with tax exemption possibly hanging in the balance.

Richard Rollo December 17, 2020

HHS starts distribution of $24 billion more in COVID grants but rejects one-third of applicants

More than 70,000 providers will share in the latest round of Provider Relief Fund grants, which total $24.5 billion.

Rich Daly December 17, 2020

Medicare shifts payments toward primary care physicians in PFS final rule

The final rule for CY21 Medicare physician payment will boost evaluation and management service payments while cutting rates for services provided by many specialty physicians.

Rich Daly December 3, 2020

Revamping patient engagement and collections — digitally

Four companies presented 10-minute case studies at the HFMA Digital Annual Conference. Leaders from these organizations share the solutions of the case studies, which drive improved solutions in healthcare revenue cycle.

HFMA November 30, 2020

The consumerism imperative in 2020: coming full circle

HFMA President and CEO Joe Fifer offers a perspective on consumerism initiatives in this pandemic year.

Joseph J. Fifer, FHFMA, CPA November 25, 2020

COVID-19-induced revenue issues and staffing challenges causing some PCP practices to close their doors

HFMA's Chad Mulvany says if Congress passes another COVID-19 relief bill, which includes an additional PRF appropriation, it will address the PCP’s short-term financial issues, but will not solve staffing issues.

Chad Mulvany, FHFMA November 24, 2020

HHS Provider Relief Fund clarifications provide much-needed information

Several clarifications related to the treatment of depreciation, expenses for stockpiling PPE and revenue to the HHS Provider Relief Fund (PRF) FAQs were released Nov. 18 by the U.S. Department of Health & Human Services.

Chad Mulvany, FHFMA November 24, 2020

HHS Provider Relief Fund updates include clarifications, confirmations and redefinitions

HFMA's Chad Mulvany says while HHS’s reinterpretations and additional clarifications are generally much appreciated, there are a number of additional items that HHS needs to address.

Chad Mulvany, FHFMA November 10, 2020
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