Hospitals forecast declining revenues, lower procedure volumes and greater telehealth adoption due to COVID-19
Important learnings from a May 2020 HFMA-conducted survey about the COVID-19 crisis and some of the trends healthcare organizations are seeing.
Calling all HFMA members: ‘Lift Every Voice and Sing’
The song "Lift Every Voice and Sing," known as the Black national anthem, has a message that continues to have relevance to the nation in this time of struggle, both against the COVID-19 pandemic and against the racial injustice that continues to plague our society.
COVID-19 poses huge challenges but also presents opportunities
The strategies hospitals and health systems had in place well before the COVID-19 crisis in many instances helped them weather the pandemic. Their stories offer valuable insights for other providers.
Optimal use of APPs can enhance a health system’s post-COVID-19 financial recovery
A strategy by Excela Health in Pennsylvania focused on integrating and optimizing its the advanced practice provider workforce can serve as a road map for how best to pursue such an undertaking.
COVID-19 continues to play havoc with hospital financials
The U.S. hospitals face two significant pressures through the end of 2020: continuing spikes in COVID-19 admissions and, if the economic rebound falters, a rise in the numbers of patients who are uninsured or insurebd ny public insurance.
Beyond COVID-19: A guide to economic recovery for health system CFOs
As healthcare CFOs prepare fro the aftermath iof the COVID-19 pandemic, they should adopt a new mindset for addressing strategies around human capital, revenue recovery, cost reduction and capital investment.
How to leverage the telemedicine surge to create a profitable telehealth model
Healthcare finance leaders can help their organizations establish profitable telehealth programs following the COVID-19 pandemic by focusing now on the economic and operational drivers that will determine the success or failure of such programs.
3 objectives for an innovative and practical revenue cycle work-from-home program
To develop a sustainable remote-work policy for revenue cycle staff, healthcareganizations must address concerns about staff morale, team cohesion and protection of cash flow.
The journey back from COVID-19: COVID-19: A guide to economic recovery for health system CFOs
As healthcare CFOs prepare fro the aftermath iof the COVID-19 pandemic, they should adopt a new mindset for addressing strategies around human capital, revenue recovery, cost reduction and capital investment.
Congress may not provide a surprise bill fix prior to the election, but patients may find HFMA’s consumer guide useful
Given Congress is unlikely to provide a surprise bill fix prior to the election, Chad Mulvany suggests hospitals provide patients with HFMA's consumer guide on avoiding surprise bills to learn what questions to ask prior to any scheduled services.