Weeding out waste: Policy workshop examines how the healthcare industry can finance a better model
By reducing wasteful spending, the U.S. healthcare industry would have an easier time funding some of the changes needed to support whole-person health, industry experts said at a conference on how to optimize healthcare financing.
Financial Sustainability Report: March 2021
The March Financial Sustainability Report, sponsored by Kaufman Hall, highlights significant changes in the nature of risk that hospitals and health systems face in the post-pandemic world, and how these organizations’ leaders should respond. Other articles explore key success factors in M&A initiatives and tactics for controlling variation in costs for surgical procedures.
Financial Sustainability Report: April 2021
The April Financial Sustainability Report, sponsored by Kaufman Hall, offers results of a health system’s assessment of its costs to deliver telemedicine services. Other content includes a case study of how a large medical group revamped its approach to compensating its employed physicians, and guidance on how to stem the losses many hospitals incur around referrals for ambulatory services.
Financial Sustainability Report: May 2021
The May Financial Sustainability Report, sponsored by Kaufman Hall, describes a new method for compensating physicians that better accounts for each organization’s unique circumstances. It also includes guidance for finance and clinical leaders on how they can work together effectively while acknowledging their differences, and it examines how payer-provider partnerships are helping organizations keep pace with a transforming healthcare industry.
Financial Sustainability Report: March 2020
The March issue of the Financial Sustainability Report, sponsored by Kaufman Hall, provides insights and guidance for healthcare finance leaders ranging from accessing untapped opportunities for cost savings to using risk stratification to improve the organization’s position in negotiating risk contracts.
Why benchmarks should not be the sole guide for setting physician compensation
Healthcare organizations that rely on survey benchmark data alone when setting physician compensation may be risking budgets and relationships with physicians, especially in times of great uncertainty. Instead, they should adopt an approach more tailored to their unique circumstances
New milestones in healthcare’s evolution signal the need for a new look at integrated delivery systems
Given the waves of change that have swept over healthcare in recent years, it’s time to step back and think again about integration – and how to optimize care and maximize its impact.
News briefs: In a win for hospitals, CMS removes a rate-reporting requirement from the Medicare FY22 IPPS
Recent healthcare finance and policy news included the release of the proposed rule for the FY22 Inpatient Prospective Payment System.
The 2021 outlook for hospitals: Reviews are mixed despite the large number of people already vaccinated in the United States
Most industry voices are predicting 2021 will be a financially challenging year for U.S. hospitals. But the outlook for some hospitals actually may be positive.
It’s not just about hospitals anymore: HFMA expands its focus to all of healthcare
A momentous year in the history of HFMA was 1982, when the Association changed its name and broadened its focus from the hospital Financial Management Association to the Healthcare Financial Management Association.