Hospital groups raise red flags about spending offsets in bipartisan infrastructure bill
The bill would be paid for in part by extending the duration of the 2% reduction in Medicare payments and by tapping into the Provider Relief Fund.
Healthcare News of Note: Struggling rural hospitals have option to become stand-alone EDs to receive more funding
Healthcare News of Note for healthcare finance professionals is a roundup of recent news articles: An upcoming option for rural hospitals to receive more funding, a key factor in outcomes of Black patients who receive COVID-19 care, and predictions about the hospital room of the future.
HFMA survey of healthcare finance professionals highlights continuing pandemic-related challenges and some reasons for optimism
Results of HFMA's Outlook Survey show that the healthcare industry is still coping with the challenges of COVID-19 but has started to adapt to a post-pandemic future.
Solving revenue cycle challenges with automation: 4 tips for maximizing your ROI
The healthcare revenue cycle is ripe for the kind of transformative change that automation technologies can bring. In fact, there may be no better application for these technologies.
2 proven strategies that can help healthcare providers reduce denials and strengthen their revenue cycle
Healthcare providers should consider the use of two proven strategies to reduce claim denials: Maximize reps follow up ability and close the gap between the front end and back end with a continuous feedback loop.
Healthcare News of Note: More ransomware attacks mean hospitals and health systems will likely have to increase investment in IT security
Healthcare News of Note for healthcare finance professionals is a roundup of recent news articles: A jump in ransomware attacks may move hospitals to increase IT security, surprise-billing concerns prevent some from seeking the COVID-19 vaccine, and physician shortages spur plan to allow more international candidates.
Why success in cost reduction is a matter of trust
According to a survey, healthcare organizations that discuss cost reduction with clinicians more often are better prepared to achieve cost-reduction goals. Find out what approaches can restore trust for a better bottom line in this research report.
Financial Sustainability Report: March 2021
The March Financial Sustainability Report, sponsored by Kaufman Hall, highlights significant changes in the nature of risk that hospitals and health systems face in the post-pandemic world, and how these organizations’ leaders should respond. Other articles explore key success factors in M&A initiatives and tactics for controlling variation in costs for surgical procedures.
Financial Sustainability Report: April 2021
The April Financial Sustainability Report, sponsored by Kaufman Hall, offers results of a health system’s assessment of its costs to deliver telemedicine services. Other content includes a case study of how a large medical group revamped its approach to compensating its employed physicians, and guidance on how to stem the losses many hospitals incur around referrals for ambulatory services.
Financial Sustainability Report: May 2021
The May Financial Sustainability Report, sponsored by Kaufman Hall, describes a new method for compensating physicians that better accounts for each organization’s unique circumstances. It also includes guidance for finance and clinical leaders on how they can work together effectively while acknowledging their differences, and it examines how payer-provider partnerships are helping organizations keep pace with a transforming healthcare industry.