ElevatePFS delivers exceptional, patient-focused revenue cycle management services
Are you a provider dealing with government regulations, recovering from the COVID-19 pandemic, and adapting to technological advancements? Find out how to alleviate stress while navigating the complex revenue cycle challenges, while also delivering a positive patient experience.
How a workforce marketplace ecosystem can reduce traveler nurse dependence and stabilize a hospital’s labor cost model
High labor costs are threatening the viability of many hospitals and health systems. A workforce ecosystem approach, after Uber’s “gig worker” approach, can help ensure organizations have access to a stable, cost-effective workforce, with reduced reliance on costly alternatives such as over-reliance on trave nurse.
Healthcare News of Note: Cancer is now the top driver of large employers’ healthcare costs
Healthcare News of Note for healthcare finance professionals is a roundup of recent news articles: The No. 1 driver of healthcare costs for large employers is cancer, the gender pay gap for physicians has gotten larger, and NRC Health names the top facilities for consumer loyalty and patient experience.
Improved access and quality of care are keys to solving the nation’s mental illness crisis
If we are to meaningfully address our nation’s crisis in mental health, we need to start by treating mental illness the same way we treat physical ailments, says Thomas Young, MD, a Board-certified physician and long-time vocal advocate for improving mental health in the United States.
Financial and operational challenges still hamper hospitals 2.5 years into the pandemic
Even as much of society takes steps toward pre-pandemic normalcy, hospitals continue to struggle under the weight of the last two and a half years.
Healthcare News of Note: Long COVID may affect a minimum of 10 million working-age adults
Healthcare News of Note for healthcare finance professionals is a roundup of recent news articles: Long COVID could impact healthcare coverage for many, the national uninsured rate reaches an all-time low, and more nurses are planning on leaving the profession.
Healthcare News of Note: Mayo Clinic in Minnesota earns top spot in Best Hospitals ranking
Healthcare News of Note for healthcare finance professionals is a roundup of recent news articles: 20 hospitals named to the Best Hospitals Honor Roll, HHS declares monkeypox a public health emergency, and a look at maternal mortality rates among high-income countries.
Final rule for Medicare inpatient payments brings a big rate increase but falls short of what hospitals sought
The final rule for Medicare inpatient payments to acute care hospitals calls for a 4.3% increase, up by more than a percentage point from the proposed rule.
Cost Reduction Program Summary Report
HFMA, with sponsorship from Strata Decision Technology, surveyed 185 healthcare finance, accounting and revenue cycle executives to understand cost reduction programs and how effective they are. The survey indicates that while 89% of healthcare organization have some type of cost reduction program in place, only 6% say their program is extremely effective. Survey respondents select…
Healthcare News of Note: Americans have less confidence in the nation’s healthcare system
Healthcare News of Note for healthcare finance professionals is a roundup of recent news articles: Confidence in the U.S. healthcare system dips again, the median proposed health insurance premium increase for 2023 is about 10%, and improved oral care in hospitals can prevent pneumonia.