Live@ HFMA News
Video
Live@HFMA Video | Catholic Health Initiatives CEO Kevin Lofton
Modern Healthcare | June 25, 2014
Catholic Health Initiatives CEO Kevin Lofton explains the system's strategy for acquiring hospitals and health plans to build a critical mass in its markets and the resources and expertise to manage population health.
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News
Insurance expansion paying off for hospitals
Beth Kutscher | June 25, 2014 | Basic Web Basic Web Subscription Details
Many providers are already seeing the payoff from insurance expansion across the country, but those that haven't are redoubling their sign-up efforts to reach the most challenging of their uninsured patients, panelists said.
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News
Physicians seen as not ready for ICD-10 rollout, poll finds
Beth Kutscher | June 25, 2014 | Basic Web Basic Web Subscription Details
Healthcare executives had widespread skepticism that all the stakeholders, and especially physicians, were prepared for ICD-10 procedure and diagnostic code implementation this year before Congress let the healthcare world off the ICD-10 hook.
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News
Here's how to bridge the doc, hospital exec communications gap
Rachel Landen | June 25, 2014 | Basic Web Basic Web Subscription Details
Hospitals buying physician practices may find they're not speaking the same business language initially. So hospital executives need to adapt to different needs and approaches, experts cautioned HFMA attendees.
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Video
Live@HFMA Video | Integrating an insurance plan into a health system
Modern Healthcare | June 25, 2014
Health First President and CEO Steven Johnson says the business strategy moves toward building membership in the health plan while the hospital becomes a cost center.
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Video
Live@HFMA Video | Providers grapple with demand for price transparency
Modern Healthcare | June 24, 2014
Consumers are demanding to know what healthcare costs, and providers are struggling to find a way to calculate and explain the numbers—as well as help patients understand what they're obligated to pay.
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Video
Live@HFMA Video | LifePoint's John Kerndl on the Obamacare exchanges
Modern Healthcare | June 24, 2014
LifePoint Hospitals' operations CFO John Kerndl says the company successfully mined its patient data to identify patients who would qualify for subsidized coverage through one of the marketplaces. Half of them successfully enrolled in a plan.
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News
Credit agencies warn of troubled financial outlook for hospitals
Rachel Landen | June 24, 2014 | Basic Web Basic Web Subscription Details
Some hospital balance sheets are rebounding to pre-recession levels but declining revenue and shrinking margins are causing credit rating agencies to look askance at the sector, according to industry experts.
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News
Success with value-based contracts called a balancing act
Beth Kutscher | June 24, 2014 | Basic Web Basic Web Subscription Details
Some providers are finding that success with value-based contracts depends on whether they can counter lower inpatient volume by adding new customers.
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Sponsored
Helping Healthcare Organizations Go Paperless with Bank of America Merrill Lynch
Modern Healthcare Custom Media | June 24, 2014
Hear how Bank of America Merrill Lynch is helping healthcare organizations go paperless to streamline operations and enhance profitability.
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Sponsored
Insights for Today's Healthcare CFO from Emdeon's Kris Joshi
Modern Healthcare Custom Media | June 24, 2014
What is the biggest challenge facing today's CFO? What trends in healthcare are encouraging growth? What will impact patient collections? These three questions are addressed by Kris Joshi, Vice President of Products at Emdeon, a leading provider of revenue and payment cycle management and clinical information exchange solutions.
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Sponsored
Optimizing Financial and Clinical Performance Amid Healthcare Reform
Modern Healthcare Custom Media | June 23, 2014
Modern Healthcare Custom Media talks with Clinical Intelligence CEO Laurie Jaccard at HFMA's ANI convention
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Sponsored
ICD-10: Don't Stop Training for the Marathon
June 23, 2014
AHIMA's Clinical Documentation for ICD-10 by Specialty training provides interactive, online training on the documentation needed by physician and clinicians to support ID-10-CM/PCS coding specificity. Written by physicians, CI specialists, and medical coding experts, this program provides relevant and targeted clinical documentation training and support for physicians, clinicians, and physician practices.
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News
HFMA unveils patient communications initiative
Beth Kutscher | June 23, 2014 | Basic Web Basic Web Subscription Details
HFMA unveiled a new initiative in its ongoing effort to provide clearer information to patients about their bills. Its latest project covers how to communicate with patients and offers guidelines for price transparency and account resolution.
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Video
Live@HFMA Video | HFMA leader Joe Fifer on transparency and value
Modern Healthcare | June 23, 2014
Joe Fifer, president and CEO of the Healthcare Financial Management Association, previews the HFMA's effort to help healthcare systems rationalize their chargemasters, which are confusing consumers and confounding hospital executives called on to explain them.
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News
Care delivery data key to lowering supply chain costs
Beth Kutscher | June 23, 2014 | Basic Web Basic Web Subscription Details
“Supply chain sits at the intersection of cost, quality and outcomes,” Karen Conway, executive director of industry relations at GHX, told HFMA attendees Monday. “To do supply chain, you have to have data.”
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News
Nurses, healthcare financial pros need to improve communications
Rachel Landen | June 23, 2014 | Basic Web Basic Web Subscription Details
Coordinating the relationship between nurses and finance professionals is just as critical as is strengthening hospital and physician alignment to drive cost and quality improvement, said Pamela Thompson, CEO of the Association of Nurse Executives.
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Vital Signs
Newest item on the checklist: greater integration
Merrill Goozner | June 23, 2014
Dr. Atul Gawande through his books and articles in the New Yorker magazine successfully popularized ideas like adopting checklists to reduce medical error and targeting the sickest and costliest patients as a way of holding down healthcare costs.But during his keynote address Monday to hospital finance officials meeting in Las Vegas at the Healthcare Financial Management Association's Annual National Institute, he ventured into new territory.
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News
In deal mates, health systems want infrastructure for new payment models
Beth Kutscher | June 22, 2014 | Basic Web Basic Web Subscription Details
Consolidation among healthcare providers is showing no signs of slowing, but more health systems are pursuing alliances from a position of strength rather than to shore up a balance sheet, according to an HFMA report.
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Vital Signs
Healthcare's money people plan their bets
Beth Kutscher | June 22, 2014
About 5,000 of healthcare's money managers are descending on Las Vegas this weekend for the Healthcare Financial Management Association's 2014 National Institute. The focus of the show is how to win in high-stakes healthcare, where the only sure bets are fewer inpatients, more cost-sharing for consumers and more financial risk for providers.
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Video
Live@HFMA Video | MetroHealth's CFO on a safety net's turnaround
Modern Healthcare | June 22, 2014
Not long ago Cleveland safety net system MetroHealth was posting losses and cutting jobs. But, as CFO Craig Richmond explains, the organization finished 2013 with a $19 million surplus thanks to the state's Medicaid expansion and a concerted push to deliver care as a patient-centered medical home.
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Magazine
Fewer hospitals have positive margins as they face financial squeeze
Beth Kutscher | June 21, 2014 | Print Magazine Print Magazine Subscription Details
A Modern Healthcare analysis of earnings reports for about 200 hospitals and health systems, both not-for-profit and investor-owned, finds that hospital margins narrowed significantly last year despite an improving economy.
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Magazine
HFMA chief says new wave of healthcare deals driven by value
Joseph J. Fifer | June 21, 2014 | Print Magazine Print Magazine Subscription Details
The healthcare industry is experiencing a seismic shift as hospitals and health systems realign. The demands of today's healthcare marketplace are spurring a new wave of acquisitions and affiliations among healthcare organizations. However, as consolidation ramps up, so does the debate about the merits of these mergers.
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Magazine
ACA is focus of HFMA gathering
Beth Kutscher | May 17, 2014 | Print Magazine Print Magazine Subscription Details
While the Patient Protection and Affordable Care Act made insurance coverage more attainable for individuals, it also ushered in an era of greater cost-sharing for patients—and a subsequent demand for more price transparency.
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