Ken Perez: Healthcare plays a pivotal role in the fate of the Democrats’ social spending bill
Characterized by some as the centerpiece of President Joe Biden’s agenda, the Democrats’ $3.5 trillion budget plan is still very much a work in progress.
Following the COVID-19 liquidity crisis, lines of credit should get a fresh look
Healthcare organizations’ finance and treasury leaders should consider the role of a line of credit as part of a global resource allocation effort.
Chapter ‘imagined amazing’ and produced a podcast
HFMA’s Oregon Chapter produces a regular podcast to keep healthcare finance professionals connected to the Chapter and informed of current healthcare industry issues.
HFMA members Bell and Coffin promoted to top positions at HRG
HRG has appointed HFMA members Mark Bell and Jason Coffin as CFO and COO, respectively. Five other HFMA members have been named as new CFOs for healthcare facilities around the country.
Healthcare News of Note: The negative impact of work on health and well-being is the No. 1 reason nurses gave for why they are planning to leave their job
Healthcare News of Note for healthcare finance professionals is a roundup of recent news articles: Negative impacts of work spur nurses’ plans to leave their jobs, annual healthcare spending is higher than ever for insured individuals, and climate change is having a negative effect on human health.
The Role of Revenue Cycle in Elevating the Human Experience in Healthcare
This paper, published in collaboration with the Beryl Institute, explores how revenue cycle plays an integral role in a person’s experience well before and after a clinical engagement. It reinforces that if we are to ensure the best in experience, we must recognize and act to support every factor that impacts outcomes. Revenue cycle is far more than an operational function; it is a strategic driver that frames the patient journey, as it is typically the first impression and last touchpoint with a healthcare organization.
Currance: Transforming revenue cycle outcomes using AI technology
One company’s AI technology solution helps revenue cycle teams with tools to deliver 2% to 6% additional earned revenue to healthcare systems’ bottom line.
When real estate is part of a physician affiliation strategy, ‘renters or owners’ is a key consideration
When health systems consider using real estate as an incentive in a physician affiliation strategy, they must decide early whether to create physician owners or renters. Strategic considerations will differ significantly depending on the path chosen.
Addressing U.S. healthcare system challenges requires a focus on improving health, not just care
If we are to effectively address the huge cost challenges facing the U.S. health system, we must begin to better address the cost effectiveness of health, says Todd Nelson, HFMA’s director of professional practice and partner relationships. And it has to be through a collaborative process involving all stakeholders, he says, including not just hospitals and health systems, physicians and health plans but also patients and their communities, as well as society overall.
Addressing today’s healthcare challenges requires the right data
HFMA National Chair Tammie Jackson discusses why healthcare organizations must ensure they are using the right data when seeking to address the social determinants of health.