Health systems may require a smaller real estate footprint post-pandemic
Although there's an opportunity to reduce facility costs and generate revenue by selling idle real estate as a result of telework and virtual care delivery post-pandemic, the transition to virtual visits may have a negative impact on provider revenue that exceeds the savings.
Decline in healthcare spending contributing to economic downturn
HFMA's Chad Mulvany says the nation's economy and the health of its citizens could suffer if regular healthcare services continue to lag due to ongoing public concerns about COVID-19.
Enhanced care coordination provides a blueprint for optimal healthcare, former VA Secretary David Shulkin says
The U.S. healthcare system will thrive if leaders and policymakers take steps to promote holistic care and better access, says David Shulkin, MD, former secretary of the Department of Veterans Affairs.
Survey: Hospitals overspending on corporate services could reduce costs without impacting quality
Important learnings from a November 2019 HFMA-conducted survey about corporate services spending patterns and how organizations could be more efficient and effective with their spend.
COVID-19 is the deflection point for new health system flexibility
Integrated health systems will require flexibility as they begin a process of adjusting to the new healthcare environment that follows the COVID-19 crisis.
4 steps to help healthcare organizations plan for operating in a post-COVID-19 environment
To survive the current COVID-19 crisis and to thrive in the uncertain future that follows, healthcare organizations must take steps to prepare for and meet the full range of risks presented by the pandemic.
How a time management audit can help leaders bring order to their schedules
Leaders can carve out a time management strategy by conducting an audit that examines their own duties, assumptions and preferences, writes Jill Geisler, HFMA’s contributing subject-matter expert on leadership topics.
Key hospital provisions and some questions requiring resolution from the CARES Act
Summary of the top five CARES Act provisions impacting hospital finances and the open questions associated with those provisions.
3 tips for effective financial leadership during the coronavirus crisis
Healthcare finance leaders can provide crucial stewardship during the COVID-19 pandemic, an industry expert says.
Coronavirus leaves hospital financing in flux
Hospital’s long-term financing efforts have been disrupted by the coronavirus driving investors away from such offerings, say advisers.