Finance and Business Strategy

‘A mountain of work’: Lessons from 2 organizations that restarted elective procedures after the COVID-19 moratorium

Leaders with two provider organizations that resumed elective procedures as COVID-19 began to ebb in their markets describe the most important considerations.

Nick Hut May 26, 2020

The increased uninsured population and changes in coverage for others requires healthcare finance departments to revise their practices

As a result of unemployment, insurance coverage has changed for millions of Americans, making it more important than ever for healthcare providers to offer financial counseling, community outreach and patient education.

Chad Mulvany, FHFMA May 21, 2020

How to plan for and profitably operate telehealth services

The COVID-19 pandemic has opened new opportunities for health systems to expand their use of telehealth services. Implemented properly with careful planning, telehealth can be a strong revenue source going forward.

Lucy Zielinski May 21, 2020

Make your cloud transformation endure: 5 steps for a lasting enterprise cloud strategy

A strategy-focused article about implementing a cloud-based enterprise resource planning (ERP) solution, which focuses on the role of planning, teamwork, communication and continuous performance monitoring.

HFMA May 18, 2020

Strong financial leadership is likely key to the success of accountable communities for health

HFMA's Katie Gilfillan says strong financial leadership is required to manage and source the complex funding and ensure the long-term financial sustainability of accountable communities for health.

Katie Gilfillan May 18, 2020

The slow transition back to normal after COVID-19: How leaders can help their teams

Several guiding principles can help leaders steer their teams and organizations back to something approaching normalcy following the COVID-19 pandemic.

Jill Geisler May 15, 2020

Rolling forecasting will help get hospitals through the COVID-19 crisis

The upheaval hospitals and health systems are experiencing as a result of the COVID-19 pandemic has made traditional annual budgeting processes inadequate. Organizations should consider adopting instead a budgeting process based on rolling forecasting.

Kate Guelich May 15, 2020

Guest commentary: COVID-19 allows no time for hesitation among healthcare finance professionals

Kaufman Hall's managing director and chair, Ken Kaufman, says leaders of healthcare provider organizations must act now with speed and sophistication to develop the financial foundation for an effective COVID-19 recovery.

Kenneth Kaufman May 14, 2020

Top long-range challenges for healthcare organizations in the aftermath of COVID-19

An industry expert explains why the long-term challenges healthcare organizations will face in the aftermath of the COVID-19 crisis will vary considerably, depending on each organization’s circumstances.

Deborah Filipek May 14, 2020

U.S. District judge hears CMS price transparency lawsuit opening arguments

The May 7 hearing regarding CMS's controversial price transparency policy is likely the opening act in what may be a long series of appeals to the lawsuit filed against the Trump administration.

Chad Mulvany, FHFMA May 14, 2020
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