6 major long-term implications for the nation’s healthcare system post-COVID-19
The COVID-19 pandemic’s impact on the nation has historical implications. Among the various national responses, we likely will see investments in strengthening hospitals’ abilities to deploy temporary facilities, draw upon backup staffing and build stockpiles of key items.
Possible ‘silver lining’ for rural hospitals seen in attention generated by COVID-19
The COVID-19 pandemic creates an opportunity to focus attention on the fragility of rural hospitals, which may be able to secure needed support as a result.
Survey: Hospitals overspending on corporate services could reduce costs without impacting quality
Important learnings from a November 2019 HFMA-conducted survey about corporate services spending patterns and how organizations could be more efficient and effective with their spend.
The end of the beginning: Outgoing HFMA Chair looks ahead
Healthcare finance leaders should not view the COVID-19 crisis as an ending to what has gone before. Instead, they should see what's happening today as a time for renewal and regeneration.
Pace of physician practice acquisition by health plans may accelerate post-pandemic
HFMA’s Chad Mulvany says it is likely health plans will have both motive and the wherewithal to acquire physician practices or employ physicians whose practices didn’t have the balance sheet to survive the revenue shock of the COVID-19 pandemic.
How hospitals can preserve cash amid rising costs, crashing revenues brought on by COVID-19
The need to preserve cash is becoming more acute amid plummeting revenues and rising costs. Leaders and industry consultants are getting creative in search of solutions.
Will the value-based movement be re-energized in the wake of the coronavirus pandemic and its impact on national health expenditure?
HFMA's Chad Mulvany says he hopes healthcare payers and providers will be able to use the coronavirus crisis and the resulting impact on the national health expenditure as a catalyst to revive the value-based movement.
When the bones are good: Healthcare industry challenges can be opportunities to grow
Healthcare finance leaders need to trust their principles, values and sense of taking care of each other in moments of doubt and fear, such as the current COVID-19 epidemic.
Find the latest numbers and events shaping healthcare finance
Read about key events and the numbers shaping healthcare finance policy and practice in recent weeks.
Targeting deteriorating margins to preserve mission delivery
A tips-focused article about maintaining tight margin control to ensure an organization can successfully deliver on its mission statement. Includes lessons learned from a recent HFMA Strategic CFO Council meeting.