How hospitals should capture COVID-19 costs to maximize grants from FEMA, CARES Act
To ensure their organizations get a fair share of the billions of dollars in reimbursement and grants available to healthcare providers during COVID-19, finance leaders need a plan for accurately capturing costs.
Survey: Hospitals overspending on corporate services could reduce costs without impacting quality
Important learnings from a November 2019 HFMA-conducted survey about corporate services spending patterns and how organizations could be more efficient and effective with their spend.
Telehealth’s impact on clinic staffing models post-COVID-19
HFMA's Chad Mulvany predicts that if COVID-19 leads to widespread usage of telehealth, post-pandemic it will lead to a rethinking of primary care clinic footprints and staffing models.
Eliminating cost as a barrier to healthcare
An innovative financial services company talks about how it addresses patient payment pain points, offering patients interest-free payment arrangements without any fees and helping healthcare organizations improve self-pay collections without increasing domestic spend.
Capitalize on purchased services’ unusual suspects to enhance revenue
A transformative healthcare company outlines some conventional and unusual strategies for streamlining purchased services spend to expand margins and drive revenue.
Hospital operating margins decline 21% in 2019, tracking firm finds
One tracking firm saw big margin declines for hospitals in 2019, with small hospitals struggling the most.
Top 10 HFMA Daily stories of 2019
Look back at the year with our top stories.
A look into the cost-accounting systems of the future
Access to real-time data allows healthcare leaders to act on the activities that need immediate attention before they escalate to more serious problems.
Control labor costs with a 7-pronged approach
Understanding future needs and eliminating non-value activities are two key components to reducing costs and building a quality workforce.
NFP hospital revenue growth tops expense growth for first time in three years: Moody’s
For 2018, one credit rating agency found not-for-profit hospitals’ revenues increased faster than expenses.