Value-Based Employee Compensation in an Inpatient Rehabilitation Facility
Tying employee compensation directly to performance, rather than experience, can encourage better job performance.
Pursuing Your Passion: Advice for Healthcare Finance Leaders
Carol Friesen, FHFMA, MPH, reminisces about her experiences as 2017-18 Chair of HFMA and shares ideas and insights gleaned from her “HFMA leadership journey.”
Value: The Way Forward
Value-based payment won’t bend the cost curve unless healthcare organizations commit to fundamental change. Not everyone will come out whole.
Q&A: Value-Based Payment Models Require New Workforce Approaches
Newer models provide an opportunity to use staffing strategies to fill in care gaps in a way that enhances healthcare quality, leaders say.
How Diversity in Executive Teams Contributes to Financial Success
Organizations with high levels of diversity and inclusion perform better on key business metrics, according to a new report and the experiences of health system leaders.
Value-Based Care Requires More Versatile Talent
As the lines between health plans and providers blur in today’s integrated healthcare organizations, leaders recognize the benefits of sharing and developing talent across traditional organizational and industry boundaries.
The Principles, Behaviors, and Systems Necessary to Build a Culture of Excellence
John Toussaint describes building the foundation for a culture of excellence in a healthcare organization.
Healthcare Finance Literacy: a New Workforce Competency
Given that finance is integral to every decision that is made in healthcare organizations today, everyone on the team should have a basic understanding of healthcare finance.
Top 5 Factors Essential for Pharmacy Revenue Integrity
Maintaining pharmacy revenue integrity requires accurate, longitudinal data; physicians who understand how their prescribing decisions affect revenue integrity; and real-time data. With that information, finance leaders can determine the ROI of various drugs.
Assessing Risk in Healthcare Finance Calls for Stewardship
Amid the healthcare industry’s ongoing transformation, healthcare leaders are called upon to be stewards in guiding their organizations through change and managing financial and operational risk.