Finance and Business Strategy

How one hospital relied on sound business and finance processes as the foundation of its cultural transformation initiative

One key to the success of Bergen New Bridge Medical Center’s cultural transformation was an accompanying focus on business and finance strategy, two leaders said during a presentation at HFMA’s Digital Annual Conference.

Nick Hut January 22, 2021

COVID-19: How healthcare leaders help their organizations be more consumer-oriented coming out of the crisis

In the wake of COVID-19, healthcare leaders should go beyond reconstruction to consider ways to permanently improve the patient experience.

Joseph J. Fifer, FHFMA, CPA January 22, 2021

To improve revenue cycle KPIs, Nebraska Medicine focuses on employee engagement

Nebraska Medicine improved the performance of its revenue cycle operation by emphasizing employee engagement.

Nick Hut January 22, 2021

TransUnion survey on consumerism: Healthcare consumers want to know the price of a service in advance

Healthcare organizations that have increased availability of price estimates and facilitate clear conversations about the account resolution process anecdotally report improvements in self-pay collections and patient satisfaction, says HFMA's Chad Mulvany.

Chad Mulvany, FHFMA January 22, 2021

Digital Annual Conference featured session will provide insight on applying behavioral economics to drive patient engagement

The field of behavioral economics offers key insights for healthcare stakeholders, including how to promote positive patient behaviors.

Nick Hut January 22, 2021

Nov. 11-15: HFMA’s Virtual Conference among next week’s healthcare finance events

HFMA’s Virtual Conference is among the major healthcare finance events taking place the week of Nov. 11.

Rich Daly January 22, 2021

Oct. 26-Nov. 1: Innovation meeting among national healthcare events

The HLTH conference in Las Vegas is pitched as the largest annual healthcare innovation conference in the nation.

Rich Daly January 22, 2021

The pandemic’s disruption of the healthcare industry creates opportunities for innovative organizations

HFMA's Chad Mulvany says the sheer scale of disruption from the pandemic to providers’ finances, purchasers’ pocketbooks and care delivery models should create opportunities for innovative organizations.

Chad Mulvany, FHFMA January 22, 2021

Gap between expenses and revenues narrows for community hospitals

Community hospital expenses moved closer to revenues between 2014 and 2018, according to the latest industry survey.

HFMA January 22, 2021

How a New Jersey health system’s integration effort helped leaders navigate the COVID-19 pandemic

A culture of collaboration put Virtua Health on the right track for rapid recovery when COVID-19 interrupted integration efforts.

Erika Grotto January 22, 2021
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