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.
Hospital leaders have options to help their supply chains during the coronavirus pandemic
Hospitals may be feeling desperate as they scramble to address the COVID-19 pandemic, but supply chain managers and finance leaders can take several steps to mitigate shortages.
CMS modifies hospital inspection program amid coronavirus pandemic
State and federal inspections of hospitals will focus on locales where the CDC anticipates COVID-19 outbreaks.
Tips on how leaders should communicate during major change initiatives
During times of organizational change, leaders should recognize the importance of communication in ensuring the change gets implemented effectively.
BSW Health: ‘Women Leaders in Medicine’ program prevents burnout
Baylor Scott & White Health has implemented a program to provide support for women physicians with a goal of reducing burnout and preventing attrition.
Why a focus on margin management is critical in a consumer-centric healthcare market
Providers that remain focused on service-by-service approach to care delivery will find themselves out of step with today’s consumer-focused healthcare system.
New report: Patients and insurance companies in the United States pay higher prices for almost everything healthcare-related
Healthcare providers are likely to experience increased scrutiny and pressure to lower healthcare costs in 2020. To help its members successfully navigate this new environment, HFMA is hosting its first Financial Sustainability Summit April 16-17 in Denver (hfma.org/events).
Hospitals have an opportunity to cull big savings from purchased services
The very real possibility of being able to reduce purchased services spend by 10% to 15% offers hospitals and health systems a compelling reason to pursue such an effort.
Care management and reduced LOS: How hospital leaders can connect the dots
Emerging care management approaches are focused on coordinating each step in a patient’s care journey, from tracking status at admission to coordinating with community-based providers after patients are discharged.
How healthcare providers can avoid being at a disadvantage when negotiating risk contracts
Stratifying patients by risk helps finance leaders understand the cost implication differentials of shifts in utilization, giving their organizations a more solid footing in risk-based contract negotiations.