Annual Conference Day 1: HFMA’s Fifer talks industry challenges, opportunities and the importance of curiosity
The challenges facing the industry are momentous, but healthcare finance professionals should be optimistic about their ability to help find solutions, HFMA President and CEO Joe Fifer said during the kickoff session of the 2021 Annual Conference.
Healthcare News of Note: Patients in the U.S. shouldered more than $21B in cancer care costs in 2019
Healthcare News of Note for healthcare finance professionals is a roundup of recent news articles: U.S. patient cancer care costs totaled $21.09 billion in 2019, healthcare safety scores fell amid the pandemic, and states are leveraging MCO contracts to improve community SDOH.
Medicare’s 2022 payment rule for physician services adds to a significant impending cut
CMS used the 2022 final rule for Medicare physician payments to offer accommodations on policies related to telehealth and more, but concerns loom about a large cut that's in the offing.
HFMA’s Annual Conference 2021 kicks off Nov. 8, with options for healthcare finance professionals to attend in Minneapolis or virtually
HFMA’s Annual Conference 2021, which begins Nov. 8, will provide education and networking opportunities for both in-person and virtual attendees.
How to unleash the true value of your remote reps using workforce management
A data-driven management approach to revenue cycle that empowers your staff could effect sweeping change for improved long-term financial health.
Additional requirements are needed to make healthcare price transparency worthwhile, report states
Updates to price transparency regulations should address compliance and formatting and incorporate new data elements.
The Provider Relief Fund distribution formula may have left some higher-need hospitals at a disadvantage, study finds
Critical access hospitals generally received lower allocations from a targeted distribution pool compared with hospitals that had a better asset mix.
Healthcare News of Note: The negative impact of work on health and well-being is the No. 1 reason nurses gave for why they are planning to leave their job
Healthcare News of Note for healthcare finance professionals is a roundup of recent news articles: Negative impacts of work spur nurses’ plans to leave their jobs, annual healthcare spending is higher than ever for insured individuals, and climate change is having a negative effect on human health.
The Role of Revenue Cycle in Elevating the Human Experience in Healthcare
This paper, published in collaboration with the Beryl Institute, explores how revenue cycle plays an integral role in a person’s experience well before and after a clinical engagement. It reinforces that if we are to ensure the best in experience, we must recognize and act to support every factor that impacts outcomes. Revenue cycle is far more than an operational function; it is a strategic driver that frames the patient journey, as it is typically the first impression and last touchpoint with a healthcare organization.
Hospitals and Congress propose improvements to prior authorization processes in Medicare Advantage
The American Hospital Association says pending regulations that would affect prior authorization should be expanded to include Medicare Advantage.