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.

HFMA 2017: ACA repeal bills pose credit risk to hospitals

Whether Republicans’ version of an Affordable Care Act repeal-and-replace bill looks like the House-passed American Health Care Act (AHCA) or the Senate’s Better Care Reconciliation Act (BCRA), it would have a negative impact on the credit ratings of nonprofit hospitals, according to Fitch Ratings.

June 26, 2017

HFMA 2017: Affiliations, not acquisitions, may be path to value-based care

Transitioning to value-based care and taking on risk is often cited as one of the drivers of the consolidation trend throughout healthcare. Some systems, however, are beginning to look at partnerships more “holistically,” according to Kaufman Hall managing director Anu Singh, MBA, by pursuing creative affiliations to enhance their capabilities rather than a merger or acquisition.

June 23, 2017

The hot topics of HFMA 2017

In a year with new payment tracks for Medicare, additional bumps in the road on the path to value-based care and—potentially—an overhaul of health insurance coverage coming through Congress, what are healthcare finance leaders going to be focused on at this year’s conference?

June 23, 2017

HFMA 2017: Provider-payor collaboration limited by phone calls, administrative waste

Providers and payors want to work together on transitioning to value-based care. What gets in the way is poor communication and time wasted on redundant administrative tasks, according to a Availity survey released at the Healthcare Financial Management Association (HFMA) conference in Orlando.

June 23, 2017

HFMA 2017: Patientco’s Alan Nalle on how predictive modeling can improve patient billing

Predictive modeling has been shown to help providers assess patient risk for a variety of conditions—which is how the vast majority of hospitals and health systems have been utilizing it.

June 23, 2017

HFMA 2017: Bryan Health’s Carol Friesen takes over as HFMA chair

The annual Healthcare Financial Management Association (HFMA) conference includes the induction of the organization’s new board chair, its chief elected officer. For 2017-18, the position belongs to Carol Friesen, MPH, vice president of health system services at Bryan Health in Lincoln, Nebraska.

June 23, 2017

HFMA 2017: Q&A with AccessOne CEO Mark Spinner on RCM, patient satisfaction

Patients are increasingly basing decisions about their care on concerns about high deductibles and rising out of pocket costs. This in turn affects how satisfied they are with their care, which means revenue cycle management (RCM) shouldn’t ignore a patient’s difficulties in paying their bills.

June 22, 2017

The push toward utilizing IoT

The “internet of things” (IoT) is the bright future of connected technology, yet remains underutilized by healthcare organizations. In a preview presentation by Paul Perry, director of Warren Averett security services, IoT is highlighted for is benefits with connected health.

June 22, 2017

Around the web

Half a year after President Biden officially directed federal agencies in the executive branch’s bailiwick to “seize the promise and manage the risks” of AI, the White House has posted a status report.

U.S. physicians often receive payments from medical device manufacturers and pharmaceutical companies. New research in JAMA found a connection between receiving such payments and using specific devices—should the industry be concerned? 

Five of the largest U.S. medical societies focused on cardiovascular health are one step closer to seeing their paradigm-shifting proposal become a reality.

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