Financial Leadership

And the small print taketh away: Providers need to stay updated on HHS changes to the CARES Act Provider Relief Fund terms and conditions

HFMA's Chad Mulvany reviews some of the U.S. Department of Health & Human Service's changes to the terms and conditions related to the CARES Act Provider Relief Fund.

Chad Mulvany, FHFMA May 1, 2020

Online community value is apparent amid the COVID-19 outbreak

There has been a surge of activity in HFMA's Community groups since the onset of the COVID-19 pandemic, as HFMA members seek to share insights with their peers to help them respond to the crisis.

Melanie Binder April 29, 2020

HFMA Chapter members share promotions and new job roles

HFMA Chapter members announce career updates from new jobs to promotions. Plus, one member shares her recent accomplishment with a master’s in legal studies.

HFMA April 29, 2020

The large print giveth: HHS provides more details on its plans to distribute the initial $100 billion from the CARES Act

HFMA's Chad Mulvany says healthcare providers will want to make sure they’re enrolled in the program to cover claims for uninsured patients with COVID-19.

Chad Mulvany, FHFMA April 28, 2020

CRCR certifications surge with Enterprise Membership

Change Health has encourage staff on its provider account management team to obtain HFMA's CRCR certification, with the result that the number of staff members who have achieved the certification has skyrocketed.

Eric C. Reese, PhD April 27, 2020

5 steps for developing a strong investor relations strategy

Healthcare organizations should adhere to best practices in investor relations by pursuing a strategy that builds and maintains trust through routine, clear communication of key organizational objectives, priorities, strategic initiatives and strengths.

William B. Hanlon April 27, 2020

Patient financial responsibility for COVID-19 treatment: Let’s get it right

Even while hospitals are facing a dire financial situation amid the COVID-19 pandemic, they should adapt their business practices to account for the hardships facing consumers.

Joseph J. Fifer, FHFMA, CPA April 27, 2020

Debt collectors could take stimulus payments from millions of Americans

Given the media's heightened scrutiny of healthcare collections activity, hospital and health system leaders should ensure any business partners used for collections understand revenue cycle best practices during the pandemic-induced recession.

Chad Mulvany, FHFMA April 24, 2020

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.

Lola Butcher April 22, 2020

COVID-19’s impact on healthcare purchasers’ balance sheets will drive cost reduction efforts after the pandemic

HFMA's Chad Mulvany anticipates a combination of efforts to reduce the growth in per unit prices of healthcare and to reduce the total cost of care on the healthcare delivery system side after the pandemic.

Chad Mulvany, FHFMA April 17, 2020
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