Accounting and Financial Reporting

The coronavirus and the healthcare supply chain: What hospitals need to know about N95 masks, drugs and devices

Hospitals should understand the potential supply chain disruption from the novel coronavirus and start taking steps to mitigate the impact.

Lola Butcher April 1, 2020

Hospitals and physician practices generally achieve ‘moderately effective’ use of cost data, according to a survey, which also identified more effective approaches

Although many healthcare organizations say they have achieved middling results in their cost accounting efforts, that could improve through widespread adoption of approaches identified as most effective.

Rich Daly April 1, 2020

New report: Patients and insurance companies in the United States pay higher prices for almost everything healthcare-related

Healthcare providers are likely to experience increased scrutiny and pressure to lower healthcare costs in 2020. To help its members successfully navigate this new environment, HFMA is hosting its first Financial Sustainability Summit April 16-17 in Denver (hfma.org/events).

Chad Mulvany, FHFMA March 16, 2020

Information-sharing rule creates new hospital, health plan transparency requirements

Hospitals and health plans will face new patient data transparency requirements in as soon as six months under two new final rules from the federal government.

Rich Daly March 11, 2020

State legislators roll back Indiana hospital bill that could have cut payments to hospitals

Health plans seeking state legislative help with site-neutral payments will likely find allies among employers who are increasingly frustrated with healthcare costs.

Chad Mulvany, FHFMA March 10, 2020

How long will employers continue to tolerate healthcare cost growth in excess of inflation?

Employer frustration with high healthcare costs is translating into support for more aggressive governmental intervention in healthcare markets.

Chad Mulvany, FHFMA March 6, 2020

Activity-Based Costing: When to Walk and When to Run

A modified approach to activity-based costing can balance an organization’s desire for operational excellence with its need for repeatable, low-maintenance solutions.

Catherine Savage, CPA March 5, 2020

The new hfm is (re)designed to help you get what you need faster and easier

A new, next-level design makes hfm easier to read and more useful than ever.

Brad Dennison March 5, 2020

Healthcare finance professionals: Are you ready for the big wave of consumerism and transparency?

Healthcare organizations should avoid going into "protection mode" and actively respond to pressures from government, the private sector and patients to better serve patients while reducing costs of care.

Michael M. Allen, FHFMA, CPA March 2, 2020

Quality is table stakes, but patient financial experience of care is key to future referrals

A high-quality patient financial experience of care is key to a steady stream of referrals.

Chad Mulvany, FHFMA February 24, 2020
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