Information is key to improving health of Americans while reducing healthcare costs
U.S. hospitals, and the healthcare industry overall, must learn to apply data more proactively if we are to begin to make meaningfully progress toward addressing the financial and social challenges besetting our healthcare system, says Daniel Marino, managing partner of Lumina Health Partners.
Even as costs surge, Medicare physician payments are scheduled to decrease in 2023
Medicare physician payments would decrease by more than 4% in 2023, according to a proposed rule.
Medicare spells out proposed conditions of participation for rural emergency hospitals
Seeking to shore up operations for rural hospitals, CMS issued a proposed rule that establishes recommended regulations for the new rural emergency hospital category.
Healthcare News of Note: Telemedicine use for cancer care should be more equitable
Healthcare News of Note for healthcare finance professionals is a roundup of recent news articles: There’s a need to address inequities in telemedicine use for cancer care, almost 25% of physicians report mistreatment, and most Medicare Advantage enrollees are satisfied with their plan.
HFMA’s Annual Conference: Karen DeSalvo talks about Google Health’s core strategies
Karen DeSalvo was honored with HFMA’s Board of Directors award, while keynote speaker Joel Selanikio discussed the potentially seismic impact in healthcare as the consumerization of technology accelerates.
Healthcare News of Note: Pandemic-era declines in patient experience confirmed by Leapfrog Group Hospital Safety Grade report
Healthcare News of Note for healthcare finance professionals is a roundup of recent news articles: A new study shows the patient experience worsened mid-pandemic, researchers are using machine learning to discover more about long-COVID, and UnitedHealth Group seeks to improve the chances that its planned acquisition of Change Healthcare will be allowed.
Healthcare News of Note: U.S. hospitals performed 106,474 unnecessary procedures on older adults during the ‘dangerous’ first year of COVID-19
Healthcare News of Note for healthcare finance professionals is a roundup of recent news articles: 106,474 unnecessary procedures were performed on older adults in hospitals early in the pandemic, 55% of patients in rural areas relied on telehealth to receive outpatient mental health and substance use services in March-August 2021, and women and people of color with chest pain wait longer to be seen by a physician.
HFMA’s latest Outlook Survey reflects a healthcare industry on more stable footing: 5 takeaways
Recent feedback from HFMA members signals that healthcare finance and administrative operations have returned to something closer to normal in recent months.
2022 healthcare trends driving change in patient financial engagement
Disruptive changes brought on by rising medical costs and increased patient cost sharing require an evolution in traditional patient billing and collection practices. Rapidly changing state and federal regulations, COVID-19, consumer behaviors and expectations, disrupters, technology and operational challenges impact healthcare in parallel.
Leveraging artificial intelligence to advance organizational strategy
When bringing artificial intelligence into their business models, health systems have the opportunity to improve revenue cycle management by maximizing efficiencies. With the potential to improve workflow and consolidate resources, automation and machine learning require organizations to examine their infrastructure, from staffing to datasets. Investing in automated processes to reduce variation and empower staff to…