Accounting and Financial Reporting

Analysis: New HELP draft surprise-bill legislation bases payments on geographic median rate

Recent changes to the HELP draft surprise-bill legislation indicate there is unity in Congress around calculating payments to providers for out-of-network services, but challenges to the geographic-median approach are on the horizon.

Chad Mulvany, FHFMA June 25, 2019

Analysis: Price check in the EHR

Humana may be a more desirable partner for physicians interested in risk arrangements if its collaboration with Epic reduces potentially preventable ED and inpatient utilization due to increased medication adherence.

Chad Mulvany, FHFMA June 19, 2019

Ask the Experts: Contract performance

My organization recently transitioned to its first Ambulatory Payment Classifications (APC)/DRG-based contract with a commercial plan. We are struggling with determining how to monitor the contract’s performance and, in particular, with the primary focus on the APC payment. Are there recommended key performance indicators (KPIs) used to track this performance?  Answer: It is likely that your organization…

HFMA June 11, 2019

Timing, details unclear for executive order on price transparency

An expected executive order on healthcare price transparency continues to change, even as its release has been delayed, say policy watchers.

Rich Daly June 11, 2019

Inconsistent address data could delay Medicare payments

One health system found in its Medicare enrollment system that addresses were missing for new facilities. Another found addresses still listed for a demolished facility.

Rich Daly June 7, 2019

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 May 30, 2019

Bundle up: Developments in BPCI Advanced

Rich Daly interviews Michael Wolford, a senior manager at DHG Healthcare, about the early results of Bundled Payments for Care Improvement Advanced. Also, five reasons why health systems will need advanced cost accounting in a segment sponsored by Strata Decision Technology.

Erika Grotto May 30, 2019

Analysis: Disruption possible if negotiated rates are publicly posted

What can be expected if President Trump releases an executive order to mandate the disclosure of prices in the healthcare industry.

Chad Mulvany, FHFMA May 29, 2019

Analysis: Another week, another draft surprise bill legislative proposal

HFMA’s Chad Mulvany reviews why the Health, Education, Labor and Pensions committee’s cost-reduction bill released last week misses an opportunity to accelerate the spread of Alternative Payment Models.

Chad Mulvany, FHFMA May 29, 2019

Analysis: How private purchasers can help control healthcare costs

HFMA’s Chad Mulvany reviews results of a recent West Health and Gallup Poll survey of public opinion related to healthcare costs.

Chad Mulvany, FHFMA May 27, 2019
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