Hospitals enjoy new opportunities for renewable energy projects
A new direct payment option is now available for hospitals and health systems planning renewable energy projects. For hospitals and health systems that are planning a renewable energy project at a new or existing facility, provisions of the recently enacted Inflation Reduction Act now allow the federal government to provide a direct payment for qualifying…
From Geneva to Dubai: HFMA executives team up around the globe to share health finance knowledge
Over the last few months, HFMA’s executive leaders have fanned out across the globe to share how financing can be a catalyst for preventing future pandemics and to bring strategies to a wider audience on how to engage in a paradigm shift toward global health. Pandemic indicators support funding and improve health On Sept. 1,…
Clinical Audits and Denials Research Report
HFMA, with sponsorship by MRO, surveyed 317 healthcare revenue cycle, finance and accounting executives to understand how organizations are handling claim audits, risk exposure, claim tracking, and reserves.
Wendy Fielding: Healthcare CFOs can benefit from having a financial analyst’s perspective
Wendy Fielding, MBA, a 30-year member of HFMA, and CFO and system vice president of finance at Dartmouth-Hitchcock in Lebanon, New Hampshire, values the lessons she learned from her early experience as a financial analyst in healthcare. And she applies those lessons learned as she helps her organization today realize its commitment to value-based care and improving access to care for its patients.
How health systems can support underserved patients through in-home care
Finding a way to deliver high-touch care to vulnerable and underserved patients using the patient’s home as the primary point of care has become a strategic priority for providers. The strategic shift to a focus on in-home care for these populations stems from increasing pressure on health systems to lower the cost of care for populations they serve while solving for the challenges presented by social determinants of health.
Less can be more: New considerations for hospital and health system partnerships
A range of affiliation structures and contractual obligations that stop short of full integration can offer an attractive alternative for hospital and health system partnerships contending with difficult operating environments.
Why owning a health plan is a good provider strategy
The trend toward increased ownership of health plans by health systems shows no signs of slowing as health systems are increasingly recognizing the importance of having their primary focus be on health and health outcomes rather than on the number of visits or procedures. A health system leader describes the advantages of health plan ownership and strategic considerations for pursuing this approach.
An HFMA poll shows CFOs want more collaboration with CIOs
This pulse survey shows that CFO’s need to be included on additional information about the risk assessment of IT spend, prioritization of major initiatives, alignment of corporate goals, expected ROI and more.
Healthcare News of Note: The Walmart Healthcare Research Institute could bring more diversity to medical research
Healthcare News of Note for healthcare finance professionals is a roundup of recent news articles: Walmart launches a new healthcare research institute, people with more chronic disease are more likely to suffer adverse financial outcomes, and one-third of Black Californians say they have experienced racism by a healthcare provider.
David W. Johnson: Pizza, productivity and the impact of inflation on healthcare finance
The skyrocketing inflation of healthcare costs over the past decades has considerably reduced the value of healthcare in our country, and waste is largely at the root of the problem. A focus on eliminating healthcare waste is logically needed to foster a better, more productive life for all Americans,