Survey responses provide snapshot of the toll of the COVID-19 pandemic on hospital finances
A government-issued report used survey responses from hospital administrators to examine the impact of the COVID-19 pandemic on hospitals in various aspects, including finances.
Healthcare’s financial recovery after COVID-19 depends on data and evidence
One of the greatest cost-savings opportunities for hospitals and health systems lies in controlling variation in costs for surgical procedures, a key area of focus for such an effort is the supply costs for such procedures.
It’s all in the breath: An argument for improved outcomes and reduced costs in healthcare
Effective breathing is known to promote good health, but our healthcare system has given relatively little attention to the concept of breathing therapy. COVID-19 has increased the need for a greater focus on this issue, and there are simple steps healthcare organizations can take to address it.
Healthcare finance leaders emphasize efficiency and consider partnerships in response to ongoing trends
To address the challenges brought on by the COVID-19 pandemic, healthcare finance leaders are considering both internal and external solutions, according to recently issued reports.
Healthcare News of Note: Pandemic could lead to deceleration of U.S. annual health spending
Healthcare News of Note for healthcare finance professionals is a roundup of recent news articles, including why the pandemic may cause health spending to decelerate, a look at how most consumers are hit with large bills after just one healthcare visit and more insights on the toll of COVID-19 on healthcare workers.
Reducing costs to collect while improving net patient revenue
In this sponsored roundtable, four healthcare revenue cycle leaders share strategies they followed to improve performance of their health systems and hospitals to financially recover from COVID-19.
News Briefs: CMS says it plans aggressive price transparency enforcement
CMS has notified hospitals that they should expect aggressive enforcement of new price transparency rules, including via audits that were slated to start in January.
How The Johns Hopkins Hospital uses financial, operational and clinical collaboration to achieve cost savings
Using a framework for managing financial performance improvement across its enterprise that involved collaboration among finance, operations and clinicians, The Johns Hopkins Hospital was able to create many opportunities for costs savings and long-term financial success.
HFMA’s Digital Annual Conference continues Aug. 12 and Aug. 14 with more virtual education for healthcare finance professionals
HFMA's Digital Annual Conference continues Aug. 12 and Aug. 14 with a focus on optimizing performance with the latest KPIs, using analytics strategies to lower cost and maximize revenue and using behavioral economics to engage patients.
Hospitals share lessons learned from AI ‘workers’
Hospital finance leaders have found opportunity and challenge from their growing use of artificial intelligence within their finance operations.