Healthcare Financial Management

Selected news for the healthcare topic - Healthcare Financial Management, collected since 10/2017. Recent stories appear in wfmz.com and tmcnet.com. This healthcare topic shares news with HFMA, COVID-19, Medicare, Unity Hospital, Joseph J. Fifer and over a hundred others.

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Date Headline (link) Source Relevant Snippet
1/26/2021 30% of Hospitals and Health Systems Using Revenue Cycle Automation Require Two or More Vendors to Manage The Process | News | wfmz.com wfmz.com ... more in net patient revenues. 30 percent of health systems are unable to manage revenue cycle automation efforts without at least two vendors.The survey was commissioned by Alpha Health and conducted through the Healthcare Financial Management Association's (HFMA) Pulse Survey program. The survey was fielded between May 19, 2020 and June 22, 2020 among 587 chief financial officers and revenue cycle leaders at health systems across the United States ...
1/12/2021 Patientco® Achieves More Than 50% YoY Revenue Growth & Earns 3 Prominent Industry Accolades in 2020 tmcnet.com ... revenue growth in 2020. The company was also recognized for its industry-leading financial engagement platform by three of the most prominent organizations in the healthcare technology industry, including KLAS, Healthcare Tech Outlook and Healthcare Financial Management Association (HFMA).In 2020, Patientco experienced record year-over-year net revenue growth of more than 50% and expanded its client base with the largest health systems in the U.S. Nationally-renowned health ...
1/7/2021 BerryDunn Announces Merger with VantagePoint high-profile.com ... will operate under the BerryDunn name.“We have known and respected the VantagePoint owners, Helen Hadley, CEO, and Susan Prior, president, and their talented team of consultants for many years. Through our involvement in Healthcare Financial Management Association (HFMA), as well as our collaboration on projects, we recognize that VantagePoint is on the leading edge of an evolving healthcare landscape,” said BerryDunn principal, Jeff Walla. “We’re both dedicated ...
12/29/2020 American Hospital Ass’n v. Azar justia.com ... the briefs was Whitney D. Hermandorfer. Chad I. Golder was on the brief for amici curiae Forty State Hospital Associations in support of appellants. Benjamin G. Shatz was on the brief for amicus curiae Healthcare Financial Management Association in support of appellants. Daryl L. Joseffer, Tara S. Morrissey, Jeffrey S. Bucholtz, and Joel McElvain were on the brief for amicus curiae 2 Chamber of Commerce of the United States of ...
10/22/2020 4 healthcare storylines overshadowed by COVID-19 Healthcare Dive Healthcare Financial Management Association.As the pandemic rages on in the U.S., here's a look at issues flying somewhat under the radar. Price transparency going strongWhile HHS and CMS have delayed many initiatives and rules due to the pandemic, regulators seem to be going full steam ahead on the bid to mandate hospitals post prices for certain services.The fight is still wrapped up in a court battle, though ...
10/1/2020 Google Alert - finance blogspot.com ... and more than 50 federal and state law enforcement partners, ... Flag as irrelevant Provider finance execs bracing for unfavorable shift in payer mix, survey finds Healthcare Dive ... according to a survey conducted by the Healthcare Financial Management Association and analyzed by the Guidehouse Center for Health Insights. Flag as irrelevant More than 7500 finance jobs have left Britain for Europe - EY Brexit tracker Reuters LONDON (Reuters) - More than 7,500 finance ...
9/30/2020 Hospital Executives Predict Significant Shifts in Payer Mix, Revenue Cycle IT Budgets Post-COVID-19, According to Guidehouse tmcnet.com ... for an increase in post-COVID-19 self-pay consumers and Medicaid beneficiaries, and a decrease in commercial reimbursement, according to a Guidehouse Center for Health Insights analysis of an executive survey conducted by Healthcare Financial Management Association (HFMA). More than 150 provider chief financial officers and revenue cycle executives responded to the survey, which takes an in-depth look at their projections over the next 12 months across key ...
9/30/2020 Hospital execs expect drop in commercial reimbursement, cuts to revenue cycle IT budgets in wake of COVID-19: analysis FierceHealthcare by Tina Reed Sep 30, 2020 8:00am ((Steve Design/Shutterstock)) According to a Guidehouse Center for Health Insights analysis of an executive survey conducted by the Healthcare Financial Management Association, hospitals have been turning to remote consumer engagement by increasing use of telehealth (92%). (Steve Design/Shutterstock) About 70% of health system and hospital execs are expecting a uptick in self-pay customers and Medicaid patients—and a drop in ...
9/30/2020 Hospital execs: More self-pay, lower reimbursement coming post-COVID-19 Becker's Hospital Review Hospital and health system leaders are preparing for reimbursement shifts after the COVID-19 pandemic, including growth in self-pay patients and lower reimbursement from commercial payers, according to an analysis from the Guidehouse Center for Health Insights, which cited data from a Healthcare Financial Management Association survey. The survey, which included responses from 150 provider CFOs and revenue cycle executives, asked for predictions around reimbursement and revenue cycle in ...
9/30/2020 Provider finance execs bracing for unfavorable shift in payer mix, survey finds Healthcare Dive Healthcare Financial Management Association and analyzed by the Guidehouse Center for Health Insights. About 70% of the 150 CFOs and revenue cycle executives surveyed said they expect an increase of Medicaid and self-pay patients and a decrease of commercially insured patients as unemployment remains high. At the same time, leaders are prepping for a squeeze on IT budgets and are evaluating whether to turn to vendor partnerships and outsourced ...
9/29/2020 Sage Intacct Becomes First Cloud Financial Management System to Receive HFMA Peer Review Designation Globe Newswire Sage Intacct Becomes First Cloud Financial Management System to Receive HFMA Peer Review Designation Chicago, Sept. 29, The Healthcare Financial Management Association (HFMA) recently reviewed Sage Intacct, a cloud financial management system from Sage, using the Peer Review process. After undergoing the rigorous review, Sage Intacct has been awarded the “Peer Reviewed by HFMA ® ” designation. Sage Intacct is well-suited to the needs of healthcare companies, helping organizations operate efficiently ...
9/29/2020 Phoenix entrepreneur creates RexPay app to cure medical bill mayhem azbigmedia.com ... that I didn’t know about, and then I realized I was out of my depth of understanding and created this Excel spreadsheet to keep track of things. I thought, ‘There has to be a healthcare financial management app for this that would help me,’ and when I looked into the app store, there wasn’t anything available to help me, so that’s why I created RexPay initially to help patients and ...
9/26/2020 Is there an “equitable” way to sue patients for medical bills? lowninstitute.org ... continued to sue patients during the pandemic, until they were called out by Wisconsin Watch . How can we stop hospitals from suing patients and improve the fairness of hospital billing practices in general? The Healthcare Financial Management Association (HFMA) recently released an updated set of best practices for the “equitable” resolution of medical accounts. The guidelines, created in collaboration with hospital leaders, collection agencies, and community watchdog groups, have been ...
9/25/2020 Healthcare IT in Atlanta: Сompanies and Jobs altexsoft.com ... threefold since then. Reimbursement automation via Payspan Portal nThrive addresses key financial challenges in healthcare through its Patient-to-Payment suite of solutions. It covers the entire revenue cycle which is defined by the Healthcare Financial Management Association ( HFMA ) as “all administrative and clinical functions that contribute to the capture, management, and collection of patient service revenue.” In other words, everything that happens from the moment of an initial appointment ...
9/24/2020 Hospital, health system financial leaders want automation tools for revenue cycle management Healthcare Finance ... important for automation tools to be built to assist revenue cycle management. The survey was put together by Alpha Health, which created automation tools for healthcare revenue cycle management. It was conducted through the Healthcare Financial Management Association's Pulse Survey program from mid-May to mid-June of this year. More than 580 CFOs and revenue cycle leaders participated in the survey. HIMSS20 Digital Learn on-demand, earn credit, find ...
9/23/2020 HFMA task force releases best practices for resolving patient medical bills Healthcare Finance The task force recommends providers engage in conversations about bills long before the post-discharge account resolution process. Mallory Hackett , Associate Editor The Association of Credit and Collection Professionals and the Healthcare Financial Management Association's Accounts Receivable Resolution Task Force reconvened this year to update best practices for resolving patient medical bills. The updates, created in response to the COVID-19 pandemic, focus on patient education and communication. "This year ...
9/23/2020 HFMA publishes strategies for resolving medical bills Becker's Hospital Review The Healthcare Financial Management Association voluntarily published best strategies to fairly resolve patient medical bills Sept. 17. Three things to know about the 28-page report , published jointly with the Association for Credit and Collection Professionals: 1. The report includes information on modifying financial assistance policies in response to the COVID-19 pandemic. 2. In the report, HFMA recommended that hospitals put safeguards in place to use before initiating actions ...
9/23/2020 HFMA task force releases best practices for resolving patient medical bills justfinehealth.com The Association of Credit and Collection Professionals and the Healthcare Financial Management Association’s Accounts Receivable Resolution Task Force reconvened this year to update best practices for resolving patient medical bills. The updates, created in response to the COVID-19 pandemic, focus on patient education and communication. “This year was a critical time to revisit and update these best practices on behalf of healthcare providers and accounts receivable management companies with ...
9/17/2020 The Healthcare Financial Management Association Releases Best Practices for the Fair Resolution of Patients’ Medical Bills Globe Newswire Washington, D.C., Sept. 17, The Healthcare Financial Management Association (HFMA) today published voluntary best practices for the fair resolution of patients’ medical bills . The best practices are designed for use by healthcare providers, providers’ business affiliates and credit bureaus. Jointly published with the Association for Credit and Collection Professionals (ACA International), the 28-page report updates and extends guidance that was originally published by HFMA in 2014. The report emphasizes ...
9/17/2020 The Healthcare Financial Management Association Releases Best Practices for the Fair Resolution ... biomedreports.com Tweet Washington, D.C., Sept. 17, 2020 (GLOBE NEWSWIRE) Washington, D.C., Sept. 17, 2020 (GLOBE NEWSWIRE) -- The Healthcare Financial Management Association (HFMA) today published voluntary best practices for the fair resolution of patients’ medical bills . The best practices are designed for use by healthcare providers, providers’ business affiliates and credit bureaus. Jointly published with the Association for Credit and Collection Professionals (ACA International), the 28-page report updates and extends guidance ...