How healthcare providers can break down barriers to effective data governance
Promoting improved data governance in the hospital and health system sector has become a just cause of sorts for Randy Albert, who serves as vice president of finance – operations and analytics at Maine-based Northern Light Health and is a member of HFMA’s Northern New England Chapter. “This is a topic that I’m incredibly passionate…
Healthcare News of Note: Nurses, doctors and pharmacists rank highest in Gallup’s latest ethics poll
Although nurses, medical doctors and pharmacists recently garnered the highest ethics rankings among 18 professions in a consumer poll, each group’s ratings have fallen over the past two years. There are now at least 15 private-equity-backed management companies that own orthopedic practices across the country. A substantial reduction in the odds of 30-day use of…
International member spotlight: Syed Mairajuddin Shah leveraged healthcare finance skills to enhance his operational leadership
Syed Mairajuddin Shah, MBBS, MCPS, MBA, CHFP, recently spoke with Betty Hintch, HFMA project manager and international enewsletter editor, about his work in healthcare quality and how he is using his recently attained HFMA certifications to further his goals. Shah is chief operating officer for the four secondary hospitals at Aga Khan University Hospital, Karachi,…
2023 Change and Strategy Research Report
HFMA, with sponsorship from Guidehouse, surveyed 182 health system CFOs, CEOs, and other executives to understand how staffing and patient volumes are expected to change in 2023, and how various market factors may be influencing strategy and goals.
Healthcare News of Note: How to prevent pediatric mental health revisits
A new study provides a better understanding of the trends and factors associated with an increase in pediatric mental health ED revisits. Black and brown skin tones are underrepresented in medical training and textbooks, which can lead to missed diagnoses and inequities in care. Dermatologists are doing what they can to address the issue. A…
Labor costs and other concerns dampen the outlook for not-for-profit hospitals this year
Insights from a leading credit-rating agency illustrate the scope of the financial challenges facing not-for-profit hospitals in 2023.
Healthcare News of Note: What healthcare sector innovations are consumers most excited about?
Some 48% of healthcare consumers surveyed said improved insight into how much care would cost was the No. 1 item they were excited about when it came to innovation in healthcare. Employers can expect an increase of more than 20,000% in adolescent mental health telehealth costs, according to a study showing telehealth appointments cost an…
Healthcare News of Note: What were the 5 most-read Healthcare News of Note blog entries of 2022?
This week’s edition of Healthcare News of Note is devoted to the top five Healthcare News of Note blog posts from 2022. Find out what topics healthcare finance professionals found most interesting in this year-end wrap-up.
Healthcare News of Note: How many hospitals earned a Leapfrog Top Hospital Award in 2022?
The Leapfrog Group said 115 facilities earned Top Hospital Awards and 12 earned Top ASC Awards. Around 1.3 million people with diabetes rationed insulin this past year because of the cost, according to recent study findings. Reducing burnout among nurses of color and those under age 35 is the goal of a three-year, $3.1 million…
The hospital labor picture could be improving, but a full financial recovery isn’t imminent
The financial and operational stress that has hampered hospitals may be easing in some ways, but probably not enough to qualify as a holiday gift for a beleaguered industry. Recent reports from credit-rating agencies have presented a mixed outlook. For example, Fitch Ratings released an analysis in December showing “incremental signs of improvement” in the staffing situation…