Fewer cancer diagnoses in first weeks of the pandemic imply increased spending on cancer treatment in the future
HFMA's Chad Mulvany says good actuarial support is more important than ever for providers considering entering into risk-based models in response to the pandemic.
More hospital consolidation is expected post-pandemic
Supporters and opponents of hospital mergers and acquisitions expect such deals to increase in the aftermath of COVID-19..
A 5-step process to achieve and sustain physician preference item cost reduction
To identify and reduce the costs of physician preference items, hospitals and health systems should use a five-step process that begins with cleaning and organizing PPI cost and utilization data.
Fauci says additional lockdowns’ not needed in response to COVID-19
Anthony Fauci, MD, says states can control the spread of the virus without additional lockdowns, even as some move to reinstitute sharp restrictions on healthcare services.
McKinsey & Company survey: Physician perceptions of COVID-19 risk influence referral patterns
HFMA's Chad Mulvany says these McKinsey findings illustrate the importance of involving physicians in the development and execution of checklists used to safely reopen clinics and restart non-emergent procedures.
U.S. Department of Health & Human Services updates CARES Act Provider Relief Fund FAQs as of July 30
HHS says the CARES Act Provider Relief Funds need to be used by July 31, 2021, but Chad Mulvany says operationally, funds likely need to be spent by June 30, 2021, so providers can capture expenses and lost revenue in reports due to HHS July 31.
Healthcare executives can take steps to combat the continued shortage of PPE for staff
HFMA's Todd Nelson says shortages of PPE and other challenges faced by organizations during the pandemic call for increased collaboration, communication and creativity by hospital and health system leaders.
Healthcare finance leaders share their responses to the COVID-19 crisis
Healthcare finance executive across the nation shared a wide variety of perspectives and experiences regarding the impact of the COVID-19 pandemic on their organizations and on themselves as leaders.
How to manage risk-based payment in the era of the global pandemic
To succeed with risk-based contracts through the COVID-19 pandemic and beyond, healthcare organizations require analytic capabilities for modeling the revenue impact of the crisis through all its phases.
How leaders should respond to social justice issues for the benefit of their employees and organization
In response to the ongoing social justice movement, leaders should thoroughly examine their organizations’ systems and policies.