U.S. hospitals could face operating cost, revenue and uncompensated care issues due to the new coronavirus outbreak
HFMA's Chad Mulvany says despite the additional federal funding and moves by some states to help with testing and treatment for COVID-19, hospitals should anticipate increased operational costs and uncompensated care expenses.
$7.8 billion coronavirus legislation includes hospital support
Congress is quickly advancing a coronavirus funding package that will address some hospital preparation priorities.
Azar warns about hospital overcrowding if the public overreacts to the coronavirus
People could swamp hospitals if they overreact to the novel coronavirus, the senior federal healthcare official warned Congress this week.
U.S. healthcare organizations should prepare for potential impact of coronavirus
U.S. healthcare organizations can mitigate the risk of an outbreak of the coronavirus by preparing now and being ready, even if there is little empirical evidence to suggest a case will arrive at their facility.
HHS Secretary Azar urges healthcare providers to watch for patients who have traveled to China
As part of efforts to prevent the spread of the novel coronavirus, the Trump administration recommends that providers screen feverish patients for recent travel to China.
Hospitals and physician practices generally achieve ‘moderately effective’ use of cost data, according to a survey, which also identified more effective approaches
Although many healthcare organizations say they have achieved middling results in their cost accounting efforts, that could improve through widespread adoption of approaches identified as most effective.
How to Succeed in the BPCI-A Program: Transforming Care Across the Continuum
A strategy-focused article about the importance of robust care coordination and management for successful participation in alternative advanced payment models. Includes information from a recent meeting of HFMA’s Value-Based Healthcare Innovation Council (VBHIC).
Eliminating cost as a barrier to healthcare
An innovative financial services company talks about how it addresses patient payment pain points, offering patients interest-free payment arrangements without any fees and helping healthcare organizations improve self-pay collections without increasing domestic spend.
When the bones are good: Healthcare industry challenges can be opportunities to grow
Healthcare finance leaders need to trust their principles, values and sense of taking care of each other in moments of doubt and fear, such as the current COVID-19 epidemic.
Perspective matters when it comes to media scrutiny of health system collection practices
HFMA’s Chad Mulvany says 31,000 lawsuits may seem like a lot but adjusted to an annual basis and the population of the study’s geographic area, the actual number is much smaller than one would expect.