Why Hospital-Physician Collaboration Must Improve for the Sake of the Revenue Cycle
Lisa Banker explains why collaboration between hospital administrators and physicians is more important than ever these days in the effort to optimize revenue cycle operations.
The Troubling State of Not-for-Profit Hospitals’ Finances
Ken Perez discusses options not-for-profit hospitals should be exploring that go beyond just better management of labor and supply costs in the context of current financial woes.
Providence St. Joseph Advances Online Scheduling
The Providence St. Joseph Health system sees healthcare delivery through consumers’ eyes. “We are trying to learn when patients want to see us, what they are looking for, and what kind of friction do they encounter when they interact with us in the traditional way?” says Sunita Mishra of Express Care, the health system’s retail clinic arm.
4 KPIs to Increase Profitability Under Value-Based Payment Models
Revenue cycle KPIs are evolving to assist healthcare finance leaders determine net profit rather than revenue.
Congress Seeks Answers on Hospital Consolidation
Sept. 4—The trend of hospital consolidation has drawn increased scrutiny from members of Congress who are concerned about increasing costs for Medicare and the program’s beneficiaries.
The Future of Consumerism
HFMA President and CEO Joe Fifer discusses rising consumer expectations in health care and what it will take to meet them.
Balancing Innovation and Delivery
As healthcare organizations look toward moving into the next phase of innovation, they must not lose sight of their core mission.
5 DRGs Are Primary Contributors to Rising Average Loss per Medicare Hospital Admission
Among Medicare admissions in 2015 to 2017, costs per admission rose more rapidly than did payments, and the impact of this trend on hospitals’ financials strongest with admissions associated with 5 DRGs.
Administration Meets Challenge to Risk-Adjustment Payments, Counter to Critics’ Assumptions
Responding to a New Mexico district court’s ruling against the risk-adjustment program established by the Affordable Care Act, CMS initially put the program’s payments to collections and payment on hold, but then took steps to reinstate the program.
Protecting Against Cybersecurity Threats
With the increasing sophistication of cyberattacks in health care, hospitals and health systems must make sure they have effective cybersecurity infrastructures to protect themselves and their patients from such attacks.