Many of the HFMA members reading this blog post are likely defined as “knowledge workers” – a term coined by management guru Peter Drucker back in the mid-20th century. Knowledge workers are individuals who work with their heads, not their hands (maybe other than to utilize Excel and PowerPoint to the point of exhaustion) to plan, contribute, and… Read More »
CVS Health announced its intention to purchase Aetna. Cigna Corp. has announced an agreement to buy Express Scripts. Amazon, JPMorgan Chase & Co., and Berkshire Hathaway have joined forces on healthcare. Partners HealthCare is in talks with Harvard Pilgrim Health Care, and recently closed its purchase of Massachusetts Eye and Ear. Beth Israel Deaconess Medical Center, Lahey Health… Read More »
In advance of our New To Healthcare event this Friday, we’re posting this 7-minute educational video. The Massachusetts-Rhode Island chapter of HFMA teamed up with the Massachusetts Medical Society to create these videos featuring leaders in the local healthcare industry. This is the third of three. Video by Stephen Jenney, CPA, MS, Chief Financial Officer, BWPO
In advance of our New To Healthcare event this Friday, we’re posting this 14-minute educational video. The Massachusetts-Rhode Island chapter of HFMA teamed up with the Massachusetts Medical Society to create these videos featuring leaders in the local healthcare industry. This is the second of three. Video by Jim Heffernan Senior Vice President Finance and Treasurer, Massachusetts General… Read More »
In advance of our New To Healthcare event this Friday, over the coming days, we’ll be posting educational videos on healthcare finance fundamentals. The Massachusetts-Rhode Island chapter of HFMA teamed up with the Massachusetts Medical Society to create these videos featuring leaders in the local healthcare industry. Our first video is an 18-minute tutorial on balance sheets featuring… Read More »
Accounting and Regulatory Technical Update: Evolving Strategy in a Dynamic Healthcare Environment On Friday, October 19th, spend the day at the Doubletree by Hilton in Westborough engaging in an interactive learning experience. Network with colleagues, ask your questions to experienced panelists on Cybersecurity and Evolving Healthcare Strategy, and learn the latest on tax reform and accounting and financial… Read More »
The Advisory Board found that 89 percent of patients want to know their medical costs before receiving care. And that percentage is only expected to grow as healthcare becomes more consumer-centric—and as the financial burden continues to shift to patients through mechanisms like high-deductible health plans or self-funded employer plans. While demand for more information increases, many providers… Read More »
As health systems face already-tightening operating margins, additional reductions in reimbursement, and the competing demand for an increasing focus on the patient experience, health systems are looking to control risks and maintain financial stability. Revenue Integrity programs, the conduits through which clinical departments and their revenue cycle colleagues promote integration to improve charge capture[1] and reduce revenue leakage[2],… Read More »
Do you need a refresher in healthcare finance? Have you recently transitioned roles and could use an overview of the healthcare landscape? Do you have a new member of your team who would benefit from additional training? Join HFMA at the New to Healthcare seminar on Friday, September 21, 2018. The course will take place at Suffolk Law… Read More »
This year’s Accounting & Regulatory Update brings together a variety of healthcare professionals to offer their perspectives on the shifting American healthcare landscape, including industry consolidation, enhanced use of digital technology and evolving reimbursement and regulatory developments, and what it portends for healthcare providers and payers in Massachusetts and Rhode Island. This seminar will also explore the growth… Read More »
