Financial Sustainability Report: November 2020
The November 2020 Financial Sustainability Report, sponsored by Kaufman Hall, explores the long-term implications for hospitals and health systems of the deferral of elective procedures at the start of the COVID-19 pandemic, and it provides insights into healthcare organizations’ need for consumer-focused strategies. Other topics include 340B compliance and revenue cycle redesign after COVID-19.
Amid some resistance by healthcare workers, COVID-19 vaccine delivery continues to roll out
Amid the early rollout of COVID-19 vaccines, provider organizations are urging reluctant clinicians and other employees to take the inoculation.
For leaders, a trying holiday season is no time for compassion fatigue
As national and global events add to the stress that many already feel during the holidays, leaders can do their part to give team members reason to celebrate.
Hospitals begin to receive first doses of COVID-19 vaccines
Hospitals and other providers that were prioritized in state COVID-19 vaccine distribution plans have begun to receive and administer their first doses.
Reflections on a year like no other for the healthcare industry
HFMA President and CEO Joseph J. Fifer reflects on the unique challenges that 2020 brought and applauds all who stepped up to meet this moment.
CMS waiver for hospital-at-home designed to address COVID-19-driven capacity issues | HFMA
While it’s been rumored that the Center for Medicare & Medicaid Innovation was working on a hospital-at-home model, this is a short-term waiver designed to address COVID-19-driven capacity issues, said HFMA’s Chad Mulvany.
The importance of financial flexibility in today’s dynamic healthcare environment
Five revenue cycle leaders discuss financial strategies for healthcare organizations transitioning capital expenditures to operating expenditures.
Patient visit restrictions bringing many new costs
Ongoing hospital visitor restrictions can have a range of adverse effects, potentially affecting clinical outcomes and increasing costs for health plans and providers in value-based payment models.
Connecticut’s launch of a bundled payment program for its employee health plan is part of an effort to save the state $185 million | HFMA
HFMA’s Chad Mulvany says some state governments, like Connecticut, have high enough volumes that COVID-19 may accelerate their adoption of value-based payment models.
Hospitals try to apply lessons learned during the COVID-19 response
Hospitals are looking to apply lessons and innovations learned from their response to the ongoing COVID-19 pandemic.