NFP hospital profitability plummeted in 2020 despite expense mitigation strategies, Moody’s reports
Profits were down in the not-for-profit and public healthcare sector in FY20, but management strategies helped to increase liquidity amid the COVID-19 pandemic.
Liquidity levels in a COVID world: Why healthcare finance leaders should be paying attention
Amid the COVID-19 crisis, many hospitals and health systems are finding they have excess liquidity levels on hand. As a result, they face a question of whether, and how, the should unwind their excess liquidity positions in favor of a more streamlined cash management process.
Risk contracting: Outlook and success factors for hospitals and health systems
An December 2020 HFMA survey, sponsored by GHX, found high levels of optimism, overall regarding the future of value-based payment.
Implications of the HFMA-GHX study of risk-based contracting
In this article discussing implications of the findings of a December 2020 HFMA study, sponsored by GHX, healthcare leaders share their perspectives on key factors contributing to their organizations' success under value-based contracts.
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.
Before pursuing a healthcare merger, you need to understand the process
The drivers of today’s mergers and acquisitions differ significantly from what was driving M&A activity 20 years ago, says Anu Singh, managing director with Kaufman, Hall & Associates LLC. Read Singh’s insights into the key factors that will determine the M&A success in the post-COVID-19 world.
Rising risk due to COVID-19 requires a nimble response from health systems
The factors that define risk in healthcare have markedly changed with the pandemic, creating a need for healthcare executives to evaluate and update existing strategies and operations to address emerging areas of risk that previously had not commanded their attention.
Healthcare News of Note: Greater protections for healthcare workers are under consideration
Healthcare News of Note for healthcare finance professionals is a roundup of recent news articles, including greater protections for healthcare workers, ECRI’s top 10 patient safety concerns and the lack of prioritization of the medically vulnerable for COVID-19 vaccination.
What healthcare stakeholders should know about the new COVID-19 relief legislation
New COVID-19 relief legislation includes funding for rural hospitals, provisions to increase the affordability of health insurance and more items of note for healthcare providers.
For rural hospitals, affiliations with large health systems can be a mixed bag
Significant declines in inpatient admissions among rural hospitals that eventually close may be a consequence of affiliations with health systems.