Analysis: Survey results show health systems prepared to take risk
Results of a recent HFMA/Navigant survey show providers are prepared to increase their level of payment risk. HFMA’s Chad Mulvany provides insight on what these results indicate.
Analysis: Out-of-pocket costs increased faster than wages in 2018
The latest TransUnion Healthcare report shows a 12% increase in patient out-of-pocket costs while wages grew only 3%, proving the need for hospitals and health systems to engage patients in a discussion about their out-of-pocket responsibility.
Analysis: American Well and Cisco develop telehealth offering for MA plans
HFMA’s Chad Mulvany says it makes sense that Medicare Advantage (MA) plans would invest in virtual health options for older patients, like the recently announced American Well/Cisco partnership, which could lead to a significant impact on hospital discharges.
Why LTC providers should prepare for a whole new wave of payment challenges
As the patient population requiring long-term care (LTC) continues to grow, the success of LTC facilities will depend on their ability to turn payment challenges into opportunities, in part by steering clear of false beliefs and implementing effective revenue-recovery processes.
Trend suggests the nation’s largest hospitals should prepare for declining available revenues
The nation's largest short-term acute care hospitals have recently seen a rise in allowances and discounts that will underscore the need for them to contain and reduce costs.
Why runaway drug prices are adding to hospitals’ financial woes
Rising pharmaceutical prices threaten the operation margins of hospitals and health systems.
Executive orders on price transparency
HFMA’s Chad Mulvany provides insight on the Trump Administration’s June 24 executive order aimed at improving price and quality transparency.
How narratives can drive hospital innovation
A healthcare start-up investor says established organizations can — and must — become innovators by using the power of narrative.
HFMA Chair to finance leaders: I dare you to move
HFMA Chair urges attendees “dare to move” to address challenges in healthcare finance.
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.