How to design a national strategy to end the healthcare workforce crisis
Signs that the United States is in the midst of a healthcare workforce crisis are everywhere: A mounting national problem While exacerbated by the pandemic, the crunch has built for decades. The biggest driver is demographics: By 2029, one in four Americans will be 65 or older, translating into declining labor force participation, including in…
Healthcare labor union activity gains steam: The consequences for hospitals and health systems
Note: The lead section of this article was updated Oct. 16 with news of a tentative agreement between Kaiser Permanente and the unions. When around 75,000 staff at Kaiser Permanente went on strike for three days starting Oct. 4, they represented more than just the largest-ever labor stoppage in the healthcare industry. They also exemplified…
New approaches to nonclinical workforce management
Five healthcare leaders in revenue cycle management and patient access share their approach to workforce management in a remote and/or hybrid model and lessons learned along the way.
AMN Healthcare: Providing physician workforce solutions to increase staffing efficiencies and improve the patient experience
This profile highlights how one business oversees more than 3,000 physician recruiting assignments annually and provides details on other resources offered such as the NCQA-Certified Credentials Verification.
Maryland Chapter event focuses on inclusion and equity
There’s growing demand on the healthcare industry to close disparity gaps and ensure health equity. But hospitals and health systems can’t do it alone. Collaboration and partnerships are necessary. And that was the impetus behind the HFMA Maryland Chapter’s 2023 Inclusion and Equity in Healthcare Conference, which took place April 27 at the Reginald F.…
Dennis Dahlen: It’s time to stop dragging our feet on generative AI
Generative artificial intelligence (AI) is a tool that a recent study found is “nearly as good as recent med school graduates” at making clinical decisions, and it’s having a breakout year across industries, a McKinsey analysis shows.1 Yet few healthcare leaders have a strategy for solutions like ChatGPT — and it’s past time to develop…
Phoenix Children’s selects Michelle Bruhn as new CFO
Phoenix Children’s — Arizona’s only freestanding children’s hospital — recently hired Michelle Bruhn, CPA, as executive vice president and CFO. In the new position, Bruhn will oversee finance, treasury, revenue cycle and managed care contracting as well as be directly responsible for fiscal policy, performance goals and planning. Bruhn most recently served as executive vice…
HCA CFO, William Rutherford, says healthcare finance leaders should have a patient focus
To be able to consistently perform at the highest levels, health system CFOs must have a strong commitment to clear and specific guiding principles. So says William Rutherford, CPA, CFO and executive vice president of Nashville, Tennessee-based HCA Healthcare, the largest healthcare system (by gross and net revenues) in the United States. And for Rutherford,…
Jill Geisler: 6 things good leaders don’t do when delivering bad news
Don’t you just love those days when it feels great to be a manager? That’s when business is humming, quality is high, and your team is happy. As a leader, you have the delightful job of sharing success stories with everyone involved. Life is good. And then there are the far less pleasant days. In…
Summary: 10 vital responses to healthcare disruption
Note: This article is a summary of a report on HFMA’s Spring Thought Leadership Retreat. The full report is available to download. Disruption is reverberating throughout the healthcare industry, and it’s incumbent on legacy organizations to develop strategic responses for the benefit of their consumers, their communities and themselves. With that overarching challenge becoming ever…