Finance and Business Strategy

Healthcare News of Note: Economic burden of racial and ethnic health disparities in the U.S. grew by 41% in 4-year span

For individuals with less than a college degree in 2018, the total burden of education-related health disparities reached $978 billion, about two times greater than the annual growth rate of the U.S. economy. New research shows that using new technology and delegating specific tasks to other staff could help healthcare organizations address the nursing shortage.…

Deborah Filipek June 16, 2023

A brief guide to the health-equity journey

Over the past few years, our nation has seen an intensified focus on health equity. Spurred in part by the pandemic, which laid bare the vast human cost of remediable health disparities, both civil society and government are increasingly focused on improving health equity. So are healthcare organizations themselves, many of which are launching or…

Richard Jackson June 12, 2023

Dave Johnson: Diagnostic determinism — How precision diagnostics will reinvent medicine

In the movie “Star Trek IV:  The Voyage Home,” the spaceship Enterprise travels back in time to San Francisco in the mid-1980s. Its mission is to transport humpback whales into the 23rd century to redirect a space probe heading to destroy earth. It’s a complicated story. While trying to escape police custody, crewmember Pavel Chekov…

David W. Johnson June 12, 2023

Strategic alternatives abound for health system outreach laboratories

Various industry pressures have accelerated an evolution in laboratory businesses in recent years, with particular impacts on labs owned by health systems. As a result, many health systems are considering alternatives for their labs, with an emphasis on outreach labs. A health system’s outreach lab business includes tests ordered for patients primarily in non-acute settings…

Courtney Midanek June 12, 2023

Healthcare News of Note: The top 5 reasons U.S. adults say the nation’s healthcare system fails to meet their needs

Nearly three-quarters of adults say the U.S. healthcare system is not meeting their needs in some way, with the length of time to get an appointment the No. 1 reason. The top benefit of using remote patient monitoring during cancer care is to keep the care team up to date on symptoms in between appointments,…

Deborah Filipek June 2, 2023

How healthcare organizations navigate claims processing

View the results of a survey about claims processing and revenue cycle performance conducted with more than 625 healthcare leaders.

HFMA May 30, 2023

Leveraging extensible technology to create consumer-centric healthcare ecosystems

Implementing new technologies can eliminate tedious tasks and open the door for more impactful work as well as provide patients with easier access to convenient scheduling, registration and billing options. Dive into this roundtable for additional insight on technologies progressing the industry.

HFMA May 30, 2023

News Briefs: The expiration of the COVID-19 PHE brings an end to key provisions

The termination of the COVID-19 public health emergency (PHE) on May 11 meant providers lost many of the accommodations and regulatory flexibilities that were in place since Jan. 31, 2020. For example, Medicare’s 20% add-on payment for treating COVID-19 cases in the inpatient setting no longer is available. With reported cases and hospitalizations steadily trending…

Nick Hut May 30, 2023

Healthcare providers seeing more diagnosis-related group downgrades and ghost denials

Each year, tens of millions of medical claims will be denied by healthcare payers. One executive director led a session with more than a dozen attendees highlighting their experiences with DRG downgrades and lessons learned to help other organizations better measure, manage and successfully appeal these complex denials.

HFMA May 30, 2023

HFMA, it’s time for action! 

We’ve all been in situations where the time was right, where conditions were optimal or good enough to suggest the best opportunity for action. Growing up on a dairy farm, I learned early that nature exerted a stronger hand on our schedules and work than anything humans could muster. Weather was, of course, a constant…

Dennis E. Dahlen, FHFMA, MBA, CPA May 30, 2023
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