Effective healthcare finance leaders understand more than just finance
Laurence Appel, CPA, FHFMA, and the CFO of University of Illinois Hospital and Health Sciences System — and a 37-year member of HFMA — says it is important for finance leaders to be well-versed in the clinical aspects of the business and its responsibility to meet the community’s healthcare and social needs.
Information is key to improving health of Americans while reducing healthcare costs
U.S. hospitals, and the healthcare industry overall, must learn to apply data more proactively if we are to begin to make meaningfully progress toward addressing the financial and social challenges besetting our healthcare system, says Daniel Marino, managing partner of Lumina Health Partners.
Healthcare News of Note: Only 66 hospitals earn top marks for social responsibility
Healthcare News of Note for healthcare finance professionals is a roundup of recent news articles: Fewer than 2% of reviewed U.S. hospitals earned Lown’s ‘most socially responsible’ distinction, gun violence is a major health problem in the United States, and ACA health insurers denied 18% of all in-network claims in 2020.
Healthcare News of Note: Newest nurses now fill the greatest number of 12-hour shifts
Healthcare News of Note for healthcare finance professionals is a roundup of recent news articles: New nurses fill the largest number of shifts, some heart failure patients find the cost of medications unaffordable, and inaccuracies in CMS data make it difficult to address healthcare disparities.
HFMA’s Annual Conference: Sessions examined hospital-at-home programs, surprise billing dispute resolution and much more
Educational content at HFMA’s 2022 Annual Conference featured timely insights on the most pressing financial and operational issues facing healthcare organizations.
4 proven strategies for optimizing revenue cycle performance
Hospitals revenue cycles can all too often experience denied claims and delayed payment due to outdated manual processes and workflow inefficiencies. Hospital revenue cycle leaders can address these problems with a sharper strategic focus on submitting clean claims, managing denials, applying analytics and outsourcing.
CMS looks to tweak Medicare conditions of participation for critical access hospitals
A recently issued proposed rule includes a few new conditions of participation for critical access hospitals.
Medicare spells out proposed conditions of participation for rural emergency hospitals
Seeking to shore up operations for rural hospitals, CMS issued a proposed rule that establishes recommended regulations for the new rural emergency hospital category.
HFMA’s Annual Conference: Aaron Crane describes the ‘underbrush and deadwood’ that hamper U.S. healthcare
New HFMA Chair Aaron Crane spoke about why healthcare stakeholders must ignite the spark to make way for a better system, while a keynote speaker discussed how to channel a warrior spirit.
Healthcare News of Note: Telemedicine use for cancer care should be more equitable
Healthcare News of Note for healthcare finance professionals is a roundup of recent news articles: There’s a need to address inequities in telemedicine use for cancer care, almost 25% of physicians report mistreatment, and most Medicare Advantage enrollees are satisfied with their plan.