That’s a wrap on the Healthcare Financial Management Association (HFMA) Annual Conference! Great to hear from so many healthcare finance and revenue cycle leaders on the challenges facing health systems, and where there are opportunities to better engage with patients. Didn’t have a chance to connect with us? Head on over to our website to learn more about our new PFX Benchmarks ➡️ https://lnkd.in/evZ_icrS #HFMAAnnual #HFMA2024
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More Relevant Posts
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Healthcare costs are expected to increase by 7% in 2024, putting more pressure on already slim operating margins. Read this Healthcare Financial Management Association (HFMA) article on the ongoing impact of cost increases in the healthcare industry. https://hubs.ly/Q026YTjf0
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What awaits hospitals and health systems in 2024? From the Healthcare Financial Management Association (HFMA) news desk, these articles examine the financial picture and how new regulatory guidance will affect M&A. https://lnkd.in/gHDYhwAN https://lnkd.in/gUk9Cyby
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Simple (and accurate) quote to illustrate the current situation: “Prices have gone up dramatically and quality has not. So, value has decreased, and I do not see any serious attempts to change that by most of the industry players."
In our September hfm magazine cover story, Senior Editor Paul Barr explores just the survey responses from our third and final volume of the popular "Healthcare 2030" series of reports. What he found was an industry still not ready to tie payment to value, and questions about the need to continue trying. In the words of Elizabeth Mitchell, president and CEO of Purchaser Business Group on Health (PBGH): “Prices have gone up dramatically and quality has not. So, value has decreased, and I do not see any serious attempts to change that by most of the industry players." Check out the full story, as well as survey results from 105 healthcare finance executives: https://lnkd.in/g2XixAfj Healthcare Financial Management Association (HFMA)
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Oi Health Webinar Recap: Revisiting the Budget in the Midst of Unpredictability This Oi Health webinar is an insightful and practical look into: Navigating a labor crisis and unpredictable volumes KPI monitoring Forecasting Margin analysis https://lnkd.in/eGcwrPGS #HospitalManagement #RuralHealthcare #HFMA
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Key performance indicators (KPIs) enable healthcare providers to track financial health and adjust for maximum revenue capture. Take a look at the top 5 healthcare revenue cycle KPIs in this recent article from Revcycle Intelligence. Access the article here: https://lnkd.in/ebtrRc_n
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OSF HealthCare has seen drastic financial improvement over the past two years, allowing the health system to see revenue growth. In a recent Becker's Healthcare interview with OSF Healthcare’s CFO, Michael Allen, he provides advice for other healthcare financial leaders looking to increase their margins: “There are no silver bullets to improve margins.” Most of the time, the answer to your challenges isn’t obvious. But what if there was a tool that could quickly answer your most pressing questions with accurate information? SMaRT Analytics is a comprehensive solution empowering healthcare systems with insights in finance, operations, revenue cycle, cost reporting, physician performance, and more. Learn more about SMaRT Analytics 👉 https://lnkd.in/g4MYrRJX Read the full Becker’s Healthcare interview 👇 #healthcareanalytics #healthcaredata #healthcarefinance
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I help healthcare organizations optimize revenue cycle management with AI-powered, value-driven autonomous medical coding | VP of Sales at CodaMetrix | Strategic Leader | #HealthcareInnovation
Join the conversation on pivotal trends in healthcare finance at the HFMA Annual Conference in Las Vegas. CEOs, here are 4 key topics you shouldn't miss! https://shar.es/ag7nSN
4 Topics for CEOs to Follow at HFMA Annual Conference
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Managing Healthcare Costs: A Financial Guide. https://brev.is/vHeai
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