Cost Effectiveness of Health Archives

The nation’s healthcare providers have a social obligation to promote cost effectiveness of health

Achieving cost effectiveness of health in the United States is a challenge not only for stakeholders within our nation’s healthcare system but also for our society, says Jeff Goldsmith, PhD, president of Health Futures Inc.

Rising to the moment: Addressing COVID-19’s challenges by advancing data interoperability

Improved interoperability in healthcare data exchange has been one byproduct of the COVID-19 pandemic that may ultimately help improve the delivery of care — as well as its cost effectiveness — in the United States.

Annual Conference Day 1: HFMA’s Fifer talks industry challenges, opportunities and the importance of curiosity

The challenges facing the industry are momentous, but healthcare finance professionals should be optimistic about their ability to help find solutions, HFMA President and CEO Joe Fifer said during the kickoff session of the 2021 Annual Conference.

HFMA’s Annual Conference 2021 kicks off Nov. 8, with options for healthcare finance professionals to attend in Minneapolis or virtually

HFMA’s Annual Conference 2021, which begins Nov. 8, will provide education and networking opportunities for both in-person and virtual attendees.

Healthcare News of Note: The negative impact of work on health and well-being is the No. 1 reason nurses gave for why they are planning to leave their job

Healthcare News of Note for healthcare finance professionals is a roundup of recent news articles: Negative impacts of work spur nurses’ plans to leave their jobs, annual healthcare spending is higher than ever for insured individuals, and climate change is having a negative effect on human health.

The Role of Revenue Cycle in Elevating the Human Experience in Healthcare

This paper, published in collaboration with the Beryl Institute, explores how revenue cycle plays an integral role in a person’s experience well before and after a clinical engagement. It reinforces that if we are to ensure the best in experience, we must recognize and act to support every factor that impacts outcomes. Revenue cycle is far more than an operational function; it is a strategic driver that frames the patient journey, as it is typically the first impression and last touchpoint with a healthcare organization.

When real estate is part of a physician affiliation strategy, ‘renters or owners’ is a key consideration

When health systems consider using real estate as an incentive in a physician affiliation strategy, they must decide early whether to create physician owners or renters. Strategic considerations will differ significantly depending on the path chosen.

Addressing U.S. healthcare system challenges requires a focus on improving health, not just care

If we are to effectively address the huge cost challenges facing the U.S. health system, we must begin to better address the cost effectiveness of health, says Todd Nelson, HFMA’s director of professional practice and partner relationships. And it has to be through a collaborative process involving all stakeholders, he says, including not just hospitals and health systems, physicians and health plans but also patients and their communities, as well as society overall.

Study shows reduction in hospital readmissions, costs for medically complex patients seen in an outpatient critical care transition clinic

In a recent study, a large group of patients with medically complex chronic conditions were referred to and seen at an Indianapolis-based outpatient critical care transition clinic saw fewer posthospital inpatient admissions and realized decreased costs of care when compared with those who were referred but did not attend the clinic. HFMA’s Shawn Stack provided insight into the importance of the study.