HFMA creates price transparency task force
The Healthcare Financial Management Association has established a task force to address price transparency issues for hospitals, physicians, employer groups and patients, and eventually issue guidelines for the sector.
Hold off on DSH cuts till healthcare reform takes hold
Last month the Centers for Medicare & Medicaid Services issued a proposed rule that would cut supplemental Medicaid disproportionate share hospital (DSH) payments by $1.1 billion over the next two years. This stunned the executives of many of our nation's almost 2,000 affected hospitals. They were bracing themselves for a much larger cut--$18.1 billion through 2020--as called for by the Affordable Care Act.This backing off of sorts by CMS is a response to concerns that cuts like this so early in the process might delay the Medicaid coverage expansion goals in the ACA. CMS made a wise move considering so many states are still undecided about whether to participate in the ACA's Medicaid expansion plan. Read more...
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Practice managers fear wide-ranging impacts of ICD-10 implementation
Medical practice executives are deeply worried about the anticipated cost, loss of productivity and clinical documentation changes for ICD-10 conversion, finds a new study from the Medical Group Management Association (MGMA).
Common sense needed in healthcare financing
If hospitals are going to borrow money for capital projects or refinance existing debt, they have an obligation to do so wisely, according to a senior healthcare finance executive who spoke at the HFMA national conference on Tuesday.
Berwick: Ever-rising healthcare costs will interfere with U.S. growth
Former Centers for Medicare & Medicaid Services Administrator Donald M. Berwick, M.D., said on Tuesday that the U.S. healthcare system must be able to get its costs under control, or that it would interfere with other national priorities.
Moody's: Recession still driving down patient admissions
Hospital inpatient admission rates are down sharply this year at facilities across the country, raising some alarm with a prominent analyst at Moody's Investors Service.
HFMA releases draft patient financial interactions guidelines
The Healthcare Financial Management Association released draft best practices at its annual conference on Sunday to help patients sort through increasingly complex, confusing and complicated healthcare payment structures and access and pay for the health services they need.
From Our Sister Sites
To improve the care provided to lesbian, gay, bisexual and transgender patients, questions about sexual orientation and gender identity soon will be "standardized demographic elements" in the University of California, Davis Health System's electronic health records.
Electronic health records, which have long been maligned as disruptive to the patient/physician relationship, can be used to enhance communication and interaction, according to an article published in the Journal of the American Medical Association .
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