The COVID-19-induced surge in healthcare labor costs is testing hospitals and health systems
Struggles with the pandemic’s financial impact on the healthcare workforce leave few alternatives besides innovation, say industry experts and leaders on the front lines.
Healthcare venture investing: How to succeed in a white-hot market
U.S. health systems can best promote cost effectiveness of health through innovation and a commitment to ensuring the ongoing financial sustainability of the healthcare enterprise. Health systems are increasingly turning to venture investing to achieve these goals.
Revenue cycle innovation: How automation can mitigate the financial impact of COVID-19
These four tips will help hospital financial leaders lessen the economic impact of COVID-19 now and in the future: Build and retain a core revenue cycle team, contain labor costs, redeploy talent more effectively and enhance revenue integrity.
How a health plan is taking primary care to seniors in their homes
Two healthcare leaders describe a new model of geriatric care being developed in Southern California and the Southwest, designed to deliver a full range of primary care services to seniors in their homes. This model may set the stage for the emergence and adoption of this innovative approach to in-home healthcare nationwide. The model is a practical response to a proven demand among seniors for such an approach.
Cost Effectiveness of Health Report, November 2021
The November HFMA’s Cost Effectiveness of Health Report, sponsored by Kaufman Hall, features stories that explore the growing trend toward delivery of healthcare at home, as reflected in CMS’s Acute Hospital Care at Home waiver and a unique senior-care-at-home approach in Southern California that has national implications. The report also includes features that explore leading health systems’ innovative venture investing strategies and the need for more proactive approaches to addressing workforce challenges facing the industry.
Healthcare News of Note: 53% of U.S. adults say they prefer in-person healthcare to telehealth visits moving forward, survey says
Healthcare News of Note for healthcare finance professionals is a roundup of recent news articles: A majority of people prefer in-person healthcare to telehealth visits, patients have trouble grasping information during doctor visits, and Walmart taps an Ochsner exec to lead its healthcare expansion.
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 2: Culture of healthcare slows needed change, says keynoter Robert Pearl, MD
Recognizing the strengths and weaknesses of healthcare’s culture is key to implementing needed industry changes, according to Robert Pearl, MD, former CEO of Permanente Medical Group.
Market disruption: How 4 healthcare leaders are dealing with it in their own organizations
This roundtable reviews disruptors and how some healthcare leaders deal with new entrants to the market, telehealth and the trend of care shifting to a nonhospital environment.
How a health system can realize tangible benefits from its digital health strategy
Many health systems today are intent on developing and implementing an effective digital health strategy, and their CFOs are likely to play a prominent and collaborative role in this effort.