Category Archives: Industry Topics

Check out this video tutorial on Balance Sheets

By | September 17, 2018

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 »

Nothing better than learning live! Join us for networking and knowledge!

By | September 11, 2018

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 »

Five Best Practices in Hospital Pricing Transparency

By | August 27, 2018

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 »

Revenue Integrity Leading Practice Considerations

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 »

Evolving Strategy in a Dynamic Healthcare Environment – Registration Open

By | August 15, 2018

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 »

New to Healthcare Seminar Registration Open

By | August 8, 2018

The Massachusetts-Rhode Island Chapter will be hosting its annual New to Healthcare Seminar on Friday, September 21, 2018 at Suffolk Law School.  Join us for a great day of healthcare finance basics from leaders in the industry.  The day’s topics include: Fundamentals of Healthcare Finance and Reporting (Erik Lynch, BDO USA LLP) Law, Compliance and Regulations (Timothy Hogan,… Read More »

August 2018: Where Are We Now With 340B?

By | August 1, 2018

It seems like every week, there are multiple new developments in the 340B Drug Discount Program. In just the last few weeks, we have seen a new Senate hearing, a new GAO Report, a new House hearing, and introduction of more than a dozen new bills in Congress that would impact 340B. To understand where things may be… Read More »

CMS Focuses on a Modern Medicare in New Proposed Rules

Earlier this month, CMS proposed changes to the Medicare Physician Fee Schedule (the “PFS Proposed Rule“) and Quality Payment Program (the “QPP Proposed Rule“) with the goal of “modernizing Medicare and restoring the doctor-patient relationship.” The proposed changes achieve this goal by streamlining the billing process and reducing the amount of paperwork providers face, empowering providers to maximize use of electronic health record systems, and… Read More »

Value in Managing Chronically Ill Patients

By | July 18, 2018

The Center for Medicare and Medicaid Services (CMS) launched the Chronic Care Management (CCM) program in January 2015. The introduction of CPT code 99490 allowed provider led teams to remotely manage the health of their sickest patients. Medicare fee-for-service beneficiaries with two or more chronic conditions among the twenty seven outlined by CMS (source) may be enrolled, after… Read More »