Offense or defense? Why a healthcare provider should identify its financial persona as part of a revenue growth strategy
A hospital or health system should identify its financial persona as an initial step in developing strategies to diversify revenue and improve its margin, according to a presentation at HFMA’s Digital Annual Conference.
How one hospital relied on sound business and finance processes as the foundation of its cultural transformation initiative
One key to the success of Bergen New Bridge Medical Center’s cultural transformation was an accompanying focus on business and finance strategy, two leaders said during a presentation at HFMA’s Digital Annual Conference.
Navigating through a pandemic: Digital Annual Conference session to explore how health systems are responding to COVID-19 now and over the long term
A featured session at HFMA’s Digital Annual Conference on July 15 will examine how three health systems are responding to the COVID-19 pandemic.
Health systems have found ways to overcome challenges, embrace opportunities during the COVID-19 pandemic, leaders say
Health systems have overcome the financial tumult of COVID-19 by being nimble, proactive and innovative, according to panelists at HFMA’s Digital Annual Conference.
HFMA Digital Annual Conference featured session will examine how healthcare providers can employ innovative strategies to grow revenue
Healthcare providers that think creatively and synergistically can overcome the daunting financial challenges of the COVID-19 pandemic and find exciting opportunities for growth.
Reimagining the healthcare supply chain to bolster resilience and efficiency
In response to the COVID-19 pandemic, healthcare supply chain leaders are considering new approaches to sourcing, inventory management, analytics and technology.
3 ways hospitals need to pivot their OR strategy in the wake of COVID-19
To maintain OR procedural revenue in the years following COVID-19, hospitals and health systems require a new surgical services strategy led by physicians and characterized by a focus on ambulatory care, with a strong emphasis on improving the patient experience and overall OR process efficiency.
How health systems can avoid unforeseen obstacles during a merger
When pursuing a merger and acquisition (M&A) transaction, merging parties should engage in intentional integration planning to avoid potential barriers that can dampen new organization's promise. Ideally, integration planning starts with developing a strong business case and continues through the pre-close transition and efforts to combine operations within the new organization.
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.