Healthcare Financial Management Association (HFMA)

The Healthcare Financial Management Association (HFMA) exists to help its members –-both individual and organizational – achieve optimal performance by providing the practical tools and solutions, education, industry analyses, and strategic guidance needed to address the many challenges the US healthcare system faces.

Leadership. Healthcare CEO turnover surged in the final months of 2022, indicating that the disruptive labor challenges that have defined this year may not be over.

HFMA president and CEO to retire in 2023

President and CEO of the Healthcare Financial Management Association (HFMA) Joseph J. Fifer, FHFMA, CPA, will retire from his role June 1, 2023.

 

November 16, 2022

CMS’ Kate Goodrich: MACRA changes coming, but not on certified EHR

Easing clinician burden under the payment tracks implemented as part of the Medicare Access and CHIP Reauthorization Act (MACRA) will be a priority for CMS in this year’s rulemaking, according to Kate Goodrich, MD, the agency’s chief medical officer. What won’t be changing, however, is requiring providers to meet the 2015 edition of certified electronic health record technology (CHERT) standards.

March 16, 2018

Geisinger names Kevin Roberts new CFO

Danville, Pennsylvania’s Geisinger Health System has selected Kevin Roberts, MBA, currently the chief financial officer at St. Louis-based BJC HealthCare, to take over as its new CFO later this year.

February 28, 2018
Patient in center of network of physicians.

More ACOs taking on downside risk in MSSP in 2018

The Medicare Shared Savings Program (MSSP) will have 561 accountable care organizations (ACOs) participating in 2018, including 124 new entrants into the program, covering a total of 10.5 million assigned beneficiaries, according to CMS.

January 12, 2018
Businessmen put puzzle pieces together.

Hospital mergers can take more than 2 years to realize cost, quality benefits

Operating revenue fell faster than operating expenses for two years at hospitals which had been merged into or acquired by a new system, with no evidence of improvement on quality measures, according to a report released by the Deloitte Center for Health Solutions and Healthcare Financial Management Association (HFMA).

October 16, 2017

5 reactions to proposed 2018 Physician Fee Schedule

The comment period for the proposed Medicare Physician Fee Schedule (PFS) has closed, with policy and payment updates drawing a typically mixed reaction from stakeholders within the industry.

September 13, 2017

Presbyterian Health Services names new CFO

Roger Larsen has been selected as the new CFO for Albuquerque, New Mexico-based Presbyterian Health Services, ending a five-month search for a replacement for Dale Maxwell, now the system’s president and CEO.

July 31, 2017

Q&A with Experian exec: Embrace payment plans before going to collections

Jason Considine, senior vice president of patient collections and engagement at Experian Health, argued at the Healthcare Financial Management Association (HFMA) conference in Orlando that providers should first rely on leveraging data and crafting flexible payment options before paying any contingency fees to collectors. He spoke with HealthExec about mistakes providers are making with their collection practices and what data they need to improve the process.

July 12, 2017

Around the web

In addition, cardiologists average an additional $75,000 per year in incentive-based bonuses. That number is only higher for two other specialties. 

CMS has issued its proposed rule for the 2025 Medicare hospital inpatient prospective payment system, suggesting a payment increase of 2.6%. According to the American Hospital Association, this update would not be enough at a time when hospitals are already struggling to stay open. 

The rumors, it seems, were true. Once the deal is finalized, Shockwave Medical will operate as a business unit within Johnson & Johnson MedTech.

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