Is consolidation in healthcare the work of modern-day robber barons — or the result of overdue reengineering?
he most successful industrialists of America’s Gilded Age were often skewered by contemporary critics as being robber barons. A new generation of naysayers wants to recycle the old rhetoric, this time targeting organizations focused on healthcare: The critics’ clear message: Big money is helping healthcare get bigger, and it’s a bad deal all around. Many…
HFMA member spotlight: Salem Alasmari’s Ministry of Health work focuses on KSA Transformation 2030
HFMA recently spoke with new international member Salem Alasmari, PhD, CPHQ, PMP, who is with the Ministry of Health Saudi Arabia, about his work related to the country’s 2030 Transformation goals. HFMA: Please describe your current position and job role? Salem Alasmari: Since January of 2021, I have worked as the assistant director general for…
Healthcare News of Note: Women without insurance or with public insurance at the time of childbirth are more likely to report mistreatment, says CDC
Over the past few weeks, I have found these industry news stories that should be of interest to healthcare finance professionals. 1. More women without insurance and with public health insurance report mistreatment during maternity care than those with private insurance Maternity care in the United States was put under the microscope in a new…
HFMA Comments on Request for Information Regarding Medical Payment Products
HFMA presents its comment letter to CMS on Request for Information Regarding Medical Payment Products
The intersection of quality and finance, with Rick Gundling and Stephanie Mercado
HFMA's Rick Gundling and Stephanie Mercado from the National Association for Healthcare Quality discuss how all entities within a healthcare organization can work for better quality.
Healthcare News of Note: Unlocking new revenue streams is the healthcare industry’s top priority, while workforce issues are its top risk
Over the past few weeks, I have found these industry news stories that should be of interest to healthcare finance professionals. 1. Introducing new revenue streams is the top priority for the healthcare sector, and talent acquisition/retention is its top risk, survey says More executives in healthcare (44%) selected “introducing new revenue streams” as their…
Research summary: Study identifies health systems’ two biggest concerns — staffing and financial performance
HFMA, with sponsorship by Lifepoint, surveyed 100 healthcare respondents to better understand health systems’ concerns, including strategic priorities, staffing issues, improving the patient experience, partnerships, market expansion opportunities and co-location. Staffing and financial performance were the two greatest concerns for nearly all health systems. To learn more, download the key findings from the survey.
Healthcare News of Note: 54% of patients do not care whether they see a corporate or independent primary care provider, but more prefer independent practices, survey says
Over the past few weeks, I have found these industry news stories that should be of interest to healthcare finance professionals. 1. 38% of survey respondents prefer seeing an independent practice provider while 8% prefer corporate providers Although more than half of patients (54%) “have no preference between an independently owned or a corporate medical…
The evolution of telehealth and the potential for sustainability
The surge in use of telehealth services seen during the pandemic has slowed, but telehealth remains a key modality amid policy changes that will help set the course for the future of virtual care. “There’s no alternative,” said Kyle Zebley, senior vice president for public policy with the American Telemedicine Association (ATA) and executive director…
Summary: 10 vital responses to healthcare disruption
Note: This article is a summary of a report on HFMA’s Spring Thought Leadership Retreat. The full report is available to download. Disruption is reverberating throughout the healthcare industry, and it’s incumbent on legacy organizations to develop strategic responses for the benefit of their consumers, their communities and themselves. With that overarching challenge becoming ever…