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    P P Board Statement 17 Assessments and Arrangements Similar to Taxes This Principles and Practices Board statement was developed in response to frequent requests from HFMA members for accounting and financial reporting guidance for assessments and other arrangements in lieu of taxes P P Board Statement 11 Accounting and Reporting for Risk Contracts Principles and Practices Board Statement No 11 deals with the unique accounting considerations providers of healthcare services confront when entering into risk contracts Page 1 of 1 Advertisements HFMA Business Profiles McKesson Leveraging Predictive Analytics to Rein in Operating Costs A leader from McKesson discusses how healthcare reform is forcing hospitals and health systems to take a different approach to capacity management and patient flow HFMA RESOURCE LIBRARY 6 Patient Revenue Cycle Metrics You Should Be Tracking and How to Improve Your Results Patient financial engagement is more challenging than ever and more critical With patient responsibility as a percentage of revenue on the rise providers have seen their billing related costs and accounts receivable levels increase If increasing collection yield and reducing costs are a priority for your organization the metrics outlined in this presentation will provide the framework you need to understand what s working and what s not in order to guide your overall patient financial engagement initiatives and optimize results HFMA Business Profiles Accretive Health Partners with Providers to Excel in a Rapidly Transforming Revenue Cycle Environment Emad Rizk MD president and CEO of Accretive Health discusses the uncertainty facing hospitals and the transitions affecting revenue cycle management HFMA RESOURCE LIBRARY 10 Ways to Reduce Patient Statement Volume and Reduce Costs No two patients are the same Each has a very personal healthcare experience and each has distinct financial needs and preferences that have an impact on how when and if they chose to pay their healthcare bill It s no longer effective to apply static billing techniques to solve the complex challenge of collecting balances from patients The need to tailor financial conversations and payment options to individual needs and preferences is critical This presentation provides 10 recommendations that will not only help you improve payment performance through a more tailored approach but take control of rising collection costs HFMA Business Profiles Conifer Health Solutions Helping Providers and Employers Build a Foundation for Better Health Jim Bohnsack vice president solution corporate development for Conifer Health Solutions explains how the company helps healthcare providers leverage data to deliver better outcomes while optimizing reimbursement for all payment arrangements HFMA RESOURCE LIBRARY Reduce Patient Balances Sent to Collection Agencies Approaching New Problems with New Approaches This white paper written by Apex Vice President of Solutions and Services Carrie Romandine discusses the importance of patient segmentation and messaging specifically related to the patient revenue cycle Applying strategic messaging that is tailored to each patient type will not only better educate consumers on payment options specific to their billing needs but it will maximize the amount collected before sending to collections Further targeted messaging should be applied

    Original URL path: http://www.hfma.org/TopicList.aspx?id=12524&taxid=431 (2016-02-10)
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    effects on community health needs assessments and on policies relating to financial assistance emergency medical care and billing and collections Page 1 of 1 Advertisements HFMA Business Profiles McKesson Leveraging Predictive Analytics to Rein in Operating Costs A leader from McKesson discusses how healthcare reform is forcing hospitals and health systems to take a different approach to capacity management and patient flow HFMA RESOURCE LIBRARY 6 Patient Revenue Cycle Metrics You Should Be Tracking and How to Improve Your Results Patient financial engagement is more challenging than ever and more critical With patient responsibility as a percentage of revenue on the rise providers have seen their billing related costs and accounts receivable levels increase If increasing collection yield and reducing costs are a priority for your organization the metrics outlined in this presentation will provide the framework you need to understand what s working and what s not in order to guide your overall patient financial engagement initiatives and optimize results HFMA Business Profiles Accretive Health Partners with Providers to Excel in a Rapidly Transforming Revenue Cycle Environment Emad Rizk MD president and CEO of Accretive Health discusses the uncertainty facing hospitals and the transitions affecting revenue cycle management HFMA RESOURCE LIBRARY 10 Ways to Reduce Patient Statement Volume and Reduce Costs No two patients are the same Each has a very personal healthcare experience and each has distinct financial needs and preferences that have an impact on how when and if they chose to pay their healthcare bill It s no longer effective to apply static billing techniques to solve the complex challenge of collecting balances from patients The need to tailor financial conversations and payment options to individual needs and preferences is critical This presentation provides 10 recommendations that will not only help you improve payment performance through a more tailored approach but take control of rising collection costs HFMA Business Profiles Conifer Health Solutions Helping Providers and Employers Build a Foundation for Better Health Jim Bohnsack vice president solution corporate development for Conifer Health Solutions explains how the company helps healthcare providers leverage data to deliver better outcomes while optimizing reimbursement for all payment arrangements HFMA RESOURCE LIBRARY Reduce Patient Balances Sent to Collection Agencies Approaching New Problems with New Approaches This white paper written by Apex Vice President of Solutions and Services Carrie Romandine discusses the importance of patient segmentation and messaging specifically related to the patient revenue cycle Applying strategic messaging that is tailored to each patient type will not only better educate consumers on payment options specific to their billing needs but it will maximize the amount collected before sending to collections Further targeted messaging should be applied across all points of patient interaction i e point of service customer service patient statements and analyzed regularly for maximized results HFMA Business Profiles Ontario Systems Optimizing Accounts Receivable in a Rapidly Changing Environment Steve Scibetta senior director of channel sales for Ontario Systems healthcare product line shares insights into effectively managing receivables HFMA RESOURCE LIBRARY

    Original URL path: http://www.hfma.org/TopicList.aspx?id=12524&taxid=433 (2016-02-10)
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    Care HFMA President and CEO Joseph Fifer talks about surprise out of network medical bills and a contest seeking real life efforts to reduce the cost of health care Page 1 of 1 Advertisements HFMA Business Profiles McKesson Leveraging Predictive Analytics to Rein in Operating Costs A leader from McKesson discusses how healthcare reform is forcing hospitals and health systems to take a different approach to capacity management and patient flow HFMA RESOURCE LIBRARY 6 Patient Revenue Cycle Metrics You Should Be Tracking and How to Improve Your Results Patient financial engagement is more challenging than ever and more critical With patient responsibility as a percentage of revenue on the rise providers have seen their billing related costs and accounts receivable levels increase If increasing collection yield and reducing costs are a priority for your organization the metrics outlined in this presentation will provide the framework you need to understand what s working and what s not in order to guide your overall patient financial engagement initiatives and optimize results HFMA Business Profiles Accretive Health Partners with Providers to Excel in a Rapidly Transforming Revenue Cycle Environment Emad Rizk MD president and CEO of Accretive Health discusses the uncertainty facing hospitals and the transitions affecting revenue cycle management HFMA RESOURCE LIBRARY 10 Ways to Reduce Patient Statement Volume and Reduce Costs No two patients are the same Each has a very personal healthcare experience and each has distinct financial needs and preferences that have an impact on how when and if they chose to pay their healthcare bill It s no longer effective to apply static billing techniques to solve the complex challenge of collecting balances from patients The need to tailor financial conversations and payment options to individual needs and preferences is critical This presentation provides 10 recommendations that will not only help you improve payment performance through a more tailored approach but take control of rising collection costs HFMA Business Profiles Conifer Health Solutions Helping Providers and Employers Build a Foundation for Better Health Jim Bohnsack vice president solution corporate development for Conifer Health Solutions explains how the company helps healthcare providers leverage data to deliver better outcomes while optimizing reimbursement for all payment arrangements HFMA RESOURCE LIBRARY Reduce Patient Balances Sent to Collection Agencies Approaching New Problems with New Approaches This white paper written by Apex Vice President of Solutions and Services Carrie Romandine discusses the importance of patient segmentation and messaging specifically related to the patient revenue cycle Applying strategic messaging that is tailored to each patient type will not only better educate consumers on payment options specific to their billing needs but it will maximize the amount collected before sending to collections Further targeted messaging should be applied across all points of patient interaction i e point of service customer service patient statements and analyzed regularly for maximized results HFMA Business Profiles Ontario Systems Optimizing Accounts Receivable in a Rapidly Changing Environment Steve Scibetta senior director of channel sales for Ontario Systems healthcare product line

    Original URL path: http://www.hfma.org/TopicList.aspx?id=12524&taxid=434 (2016-02-10)
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    Executive Officer shares recent trends he is seeing in the provider space in terms of self pay as well as tips on focusing technology efforts and follow up account activity for streamlined results CFO Poll Results on Contribution Margin and Clinical Leadership The HFMA CFO Forum recently conducted some short polls The answers to these questions offers some insights into both what CFOs are experiencing and to what some of the staff thinks of their CFOs Hospital Financial Strategies for Tomorrow Given the economic outlook and pressures to improve value of care in the post reform era hospitals leaders are employing strategies such as focusing on clinical financial collaboration improving case management and seeking improved utilization to position themselves for success Model Letter to a Federal or State Legislator Sample correspondence for communicating with your congressional representative Investing in Value Business Models Intelligence and Risk During HFMA s recent Thought Leadership Retreat participants explored how healthcare providers can develop the key competencies needed to succeed under value based business models Key Clinical Terms Hospital Acquired Conditions This short powerpoint presentation gives full definitions for clinical terms used in association with hospital acquired conditions Leadership Summer 2013 PDF Summer 2013 Genius grant winner Rebecca Onie is demonstrating the ROI in addressing patients social needs A publication of HFMA Learning Solutions Inc A subsidiary of the Healthcare Financial Management Association At the Forefront of Payment Reform Revamping Service Line PLanning Donald Berwick MD on Physician In Understanding Today s Payor Climate and Provider Sponsored Health Plans Understand the rational and roadmap for building a provider sponsored health plan and what PSHPs have done to be successful in their markets Work Life Balance Strategies for Success Katherine Y Brown offers this webinar for women that addresses health entrepreneurship leadership and advocacy Kaufman Hall Performance Management Suite Kaufman Hall Performance Management solutions were designed to address the evolving strategic and financial management needs of hospitals and health systems Our software suite is rooted in three decades of experience helping healthcare providers to analyze results model the future and optimize organizational decision making Learning to Think Like a Payer Value Based Care Lessons Learned From a Pioneering Healthcare Organization With the shift to value based care healthcare organizations are taking on more risk than ever before This risk often comes in the form of partially or fully capitated risk based contracts As a result healthcare professionals need to transform their organizations to think like a payer Why HFMA s Certified Healthcare Financial Professional CHFP Certification is Right for You HFMA s CHFP Certification boosts healthcare professionals ability to do the business of health care right Five Strategies for Healthy Revenue During EHR Transitions Outlook for the Transition to Value Payment Reform Macro Trends and the Shifting of Risk Page 1 of 2 Advertisements HFMA Business Profiles McKesson Leveraging Predictive Analytics to Rein in Operating Costs A leader from McKesson discusses how healthcare reform is forcing hospitals and health systems to take a different approach to capacity management and patient flow HFMA RESOURCE LIBRARY 6 Patient Revenue Cycle Metrics You Should Be Tracking and How to Improve Your Results Patient financial engagement is more challenging than ever and more critical With patient responsibility as a percentage of revenue on the rise providers have seen their billing related costs and accounts receivable levels increase If increasing collection yield and reducing costs are a priority for your organization the metrics outlined in this presentation will provide the framework you need to understand what s working and what s not in order to guide your overall patient financial engagement initiatives and optimize results HFMA Business Profiles Accretive Health Partners with Providers to Excel in a Rapidly Transforming Revenue Cycle Environment Emad Rizk MD president and CEO of Accretive Health discusses the uncertainty facing hospitals and the transitions affecting revenue cycle management HFMA RESOURCE LIBRARY 10 Ways to Reduce Patient Statement Volume and Reduce Costs No two patients are the same Each has a very personal healthcare experience and each has distinct financial needs and preferences that have an impact on how when and if they chose to pay their healthcare bill It s no longer effective to apply static billing techniques to solve the complex challenge of collecting balances from patients The need to tailor financial conversations and payment options to individual needs and preferences is critical This presentation provides 10 recommendations that will not only help you improve payment performance through a more tailored approach but take control of rising collection costs HFMA Business Profiles Conifer Health Solutions Helping Providers and Employers Build a Foundation for Better Health Jim Bohnsack vice president solution corporate development for Conifer Health Solutions explains how the company helps healthcare providers leverage data to deliver better outcomes while optimizing reimbursement for all payment arrangements HFMA RESOURCE LIBRARY Reduce Patient Balances Sent to Collection Agencies Approaching New Problems with New Approaches This white paper written by Apex Vice President of Solutions and Services Carrie Romandine discusses the importance of patient segmentation and messaging specifically related to the patient revenue cycle Applying strategic messaging that is tailored to each patient type will not only better educate consumers on payment options specific to their billing needs but it will maximize the amount collected before sending to collections Further targeted messaging should be applied across all points of patient interaction i e point of service customer service patient statements and analyzed regularly for maximized results HFMA Business Profiles Ontario Systems Optimizing Accounts Receivable in a Rapidly Changing Environment Steve Scibetta senior director of channel sales for Ontario Systems healthcare product line shares insights into effectively managing receivables HFMA RESOURCE LIBRARY The Future of Online Patient Billing Portals This white paper written by Apex President Patrick Maurer discusses methods to increase patient adoption of online payments Providers are now seeking ways to incrementally collect more payments due from patients as well as speeding up the rate of collections This white paper shows why patient centric approaches to online

    Original URL path: http://www.hfma.org/TopicList.aspx?id=12524&taxid=435 (2016-02-10)
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    hospital groups 2011 Milliman Medical Index Components of Spending The total cost of health care for a typical family of four covered by a preferred provider organization rose 7 3 percent from 2010 to 2011 Hospital Revenues Remain Steady Between 2010 and 2011 the typical U S hospital held net patient revenues to just over 9 300 per adjusted discharge Growth in Number of Hospital Stays by Expected Primary Payer 1997 2009 Although the number of hospital stays grew by 14 percent between 1997 and 2009 growth varied widely by expected primary payer Average Collection Periods Fall Hospitals have intensified their collection efforts reducing average collection periods Healthcare Costs as a Percentage of National Average The 2012 Milliman Medical Index found that the average cost of care for the typical family of four exceeds 20 000 in all but three of the 14 cities studied Inpatient Hospital Stays 1997 and 2009 Inpatient hospital costs represent the largest component of healthcare expenditures in the United States Top 5 Rejected Procedure Codes This article reviews the denial rates for the five most often rejected procedure codes Ask the Expert Service Line Productivity Model What advice can you provide on developing a productivity benchmarking model Measuring the Financial Performance of Non Core Hospital Businesses Oftentimes non core businesses wind up being managed using incomplete operating statements with little focus on metrics Collections and Revenues by Region This article provides metrics for payer and reimbursement collections and revenues for U S hospitals by geographic region Urban Versus Rural Performance by State Under Value Based Purchasing A state by state analysis of projected total performance scores for urban and rural hospitals under the Value Based Purchasing Program discloses remarkable disparities between these hospital settings Delivering Value to Multiple Stakeholders 2013 and Beyond Four strategies can help payers and providers give their customers more value for the dollar as health reforms emerge over the next few years Tool Revenue Cycle Dashboards and Benchmarks for Rural Hospitals South Lyon Medical Center reduced A R days and increased net revenue per patient by using metrics and a dashboard designed for small rural hospitals Resources for Estimating Healthcare Costs o The Agency for Healthcare Research and Quality AHRQ hosts HCUPnet a free online query system that provides health statistics on hospital inpatient and emergency department utilization http hcupnet ahrq gov Search the wide range of available tables see example chart or Equity Versus Adequacy of Managed Care Contracts The Cleverleys identify a methodology and metrics that healthcare finance leaders can use to compare managed care payments against their local and regional peers and suggest four negotiation approaches to use with payers 8 Strategies for Employing BI and Managing Data Chaos Eight strategic steps can help ensure a successful BI launch Page 1 of 5 Advertisements HFMA Business Profiles McKesson Leveraging Predictive Analytics to Rein in Operating Costs A leader from McKesson discusses how healthcare reform is forcing hospitals and health systems to take a different approach to capacity management and patient flow HFMA RESOURCE LIBRARY 6 Patient Revenue Cycle Metrics You Should Be Tracking and How to Improve Your Results Patient financial engagement is more challenging than ever and more critical With patient responsibility as a percentage of revenue on the rise providers have seen their billing related costs and accounts receivable levels increase If increasing collection yield and reducing costs are a priority for your organization the metrics outlined in this presentation will provide the framework you need to understand what s working and what s not in order to guide your overall patient financial engagement initiatives and optimize results HFMA Business Profiles Accretive Health Partners with Providers to Excel in a Rapidly Transforming Revenue Cycle Environment Emad Rizk MD president and CEO of Accretive Health discusses the uncertainty facing hospitals and the transitions affecting revenue cycle management HFMA RESOURCE LIBRARY 10 Ways to Reduce Patient Statement Volume and Reduce Costs No two patients are the same Each has a very personal healthcare experience and each has distinct financial needs and preferences that have an impact on how when and if they chose to pay their healthcare bill It s no longer effective to apply static billing techniques to solve the complex challenge of collecting balances from patients The need to tailor financial conversations and payment options to individual needs and preferences is critical This presentation provides 10 recommendations that will not only help you improve payment performance through a more tailored approach but take control of rising collection costs HFMA Business Profiles Conifer Health Solutions Helping Providers and Employers Build a Foundation for Better Health Jim Bohnsack vice president solution corporate development for Conifer Health Solutions explains how the company helps healthcare providers leverage data to deliver better outcomes while optimizing reimbursement for all payment arrangements HFMA RESOURCE LIBRARY Reduce Patient Balances Sent to Collection Agencies Approaching New Problems with New Approaches This white paper written by Apex Vice President of Solutions and Services Carrie Romandine discusses the importance of patient segmentation and messaging specifically related to the patient revenue cycle Applying strategic messaging that is tailored to each patient type will not only better educate consumers on payment options specific to their billing needs but it will maximize the amount collected before sending to collections Further targeted messaging should be applied across all points of patient interaction i e point of service customer service patient statements and analyzed regularly for maximized results HFMA Business Profiles Ontario Systems Optimizing Accounts Receivable in a Rapidly Changing Environment Steve Scibetta senior director of channel sales for Ontario Systems healthcare product line shares insights into effectively managing receivables HFMA RESOURCE LIBRARY The Future of Online Patient Billing Portals This white paper written by Apex President Patrick Maurer discusses methods to increase patient adoption of online payments Providers are now seeking ways to incrementally collect more payments due from patients as well as speeding up the rate of collections This white paper shows why patient centric approaches to online payment portals

    Original URL path: http://www.hfma.org/TopicList.aspx?id=12524&taxid=436 (2016-02-10)
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    how states are responding to Medicaid expansion and their decisions regarding the development of health insurance exchanges Real Estate Planning for Population Health Hospitals must understand the risks inherent in new value driven payment models and employ strategies for managing mitigating and ultimately monetizing these risks for maximum reward Page 1 of 1 Advertisements HFMA Business Profiles McKesson Leveraging Predictive Analytics to Rein in Operating Costs A leader from McKesson discusses how healthcare reform is forcing hospitals and health systems to take a different approach to capacity management and patient flow HFMA RESOURCE LIBRARY 6 Patient Revenue Cycle Metrics You Should Be Tracking and How to Improve Your Results Patient financial engagement is more challenging than ever and more critical With patient responsibility as a percentage of revenue on the rise providers have seen their billing related costs and accounts receivable levels increase If increasing collection yield and reducing costs are a priority for your organization the metrics outlined in this presentation will provide the framework you need to understand what s working and what s not in order to guide your overall patient financial engagement initiatives and optimize results HFMA Business Profiles Accretive Health Partners with Providers to Excel in a Rapidly Transforming Revenue Cycle Environment Emad Rizk MD president and CEO of Accretive Health discusses the uncertainty facing hospitals and the transitions affecting revenue cycle management HFMA RESOURCE LIBRARY 10 Ways to Reduce Patient Statement Volume and Reduce Costs No two patients are the same Each has a very personal healthcare experience and each has distinct financial needs and preferences that have an impact on how when and if they chose to pay their healthcare bill It s no longer effective to apply static billing techniques to solve the complex challenge of collecting balances from patients The need to tailor financial conversations and payment options to individual needs and preferences is critical This presentation provides 10 recommendations that will not only help you improve payment performance through a more tailored approach but take control of rising collection costs HFMA Business Profiles Conifer Health Solutions Helping Providers and Employers Build a Foundation for Better Health Jim Bohnsack vice president solution corporate development for Conifer Health Solutions explains how the company helps healthcare providers leverage data to deliver better outcomes while optimizing reimbursement for all payment arrangements HFMA RESOURCE LIBRARY Reduce Patient Balances Sent to Collection Agencies Approaching New Problems with New Approaches This white paper written by Apex Vice President of Solutions and Services Carrie Romandine discusses the importance of patient segmentation and messaging specifically related to the patient revenue cycle Applying strategic messaging that is tailored to each patient type will not only better educate consumers on payment options specific to their billing needs but it will maximize the amount collected before sending to collections Further targeted messaging should be applied across all points of patient interaction i e point of service customer service patient statements and analyzed regularly for maximized results HFMA Business Profiles Ontario Systems Optimizing

    Original URL path: http://www.hfma.org/TopicList.aspx?id=12524&taxid=437 (2016-02-10)
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    produce greater savings by accessing a different portion of the yield curve Mission Possible Finding Capital for Stand Alone Hospitals Numerous capital options both government and commercial are available to stand alone hospitals looking to fund IT construction and other projects Two CAHs Team Up to Achieve Meaningful Use Over the past year the partnership has saved each facility about 300 000 on EHR implementation Closing the Meaningful Use Gap for Small Rural Hospitals While traditional financing options may be an option for some well positioned small rural facilities others may find better luck with nontraditional financing approaches Investing in Assets that Benefit from Inflation By investing in commodities TIPS and REITS healthcare organizations can steer around the silent tax of inflation Picking the Right Credit Rating Agency Tips on how to select the credit rating agency that will give you the best rating for your bond issue New Forms of Bank Financing Are on the Rise It remains to be seen how long new popular forms of financing such as direct bank loans and floating rate notes will be available Hitting a Home Run with a Financing Game Plan Electra Memorial Hospital received a 25 year loan with a fixed interest rate below 5 percent and no financial covenants to meet Financing Your Strategic Plan Finding the Right Tool for the Right Job New facilities new IT and physician integration are three key goals requiring different approaches to financing How to Take Advantage of HUD s Hospital Mortgage Insurance Program The median processing time for a 242 application was reduced to 63 days in federal FY12 which is less than half of what it was the previous year Six Not for Profit Capital Strategies The challenge for CFOs today is to take advantage of the current market while low interest rates and tight taxable spreads remain a reality Ask the Expert Public Bond Offering or Direct Placement How can hospitals determine the best way to borrow tax exempt P3 Delivery for Facility Assets Benefits and Risks Public private partnership projects are slowly making their way to the U S medical facility market A New Tool for System Buliding Hybrid deals are enabling unlikely partners to come together in developing strategies for care delivery and population management How the Choice of Issuing Authority Affects Hospital Debt Financing Costs Research reveals how hospitals choice of bond issuing authority affects their debt financing costs The Case for Portfolio Diversification Capital Finance Organizations should consider diversifying their portfolios to maintain purchasing power by adopting an endowment management model Today s Trends in Capital Financing Funding for capital projects is readily available to health systems of all sizes in 2013 but providers should conduct risk analyses before moving forward Page 1 of 6 Advertisements HFMA Business Profiles McKesson Leveraging Predictive Analytics to Rein in Operating Costs A leader from McKesson discusses how healthcare reform is forcing hospitals and health systems to take a different approach to capacity management and patient flow HFMA RESOURCE LIBRARY 6 Patient Revenue Cycle Metrics You Should Be Tracking and How to Improve Your Results Patient financial engagement is more challenging than ever and more critical With patient responsibility as a percentage of revenue on the rise providers have seen their billing related costs and accounts receivable levels increase If increasing collection yield and reducing costs are a priority for your organization the metrics outlined in this presentation will provide the framework you need to understand what s working and what s not in order to guide your overall patient financial engagement initiatives and optimize results HFMA Business Profiles Accretive Health Partners with Providers to Excel in a Rapidly Transforming Revenue Cycle Environment Emad Rizk MD president and CEO of Accretive Health discusses the uncertainty facing hospitals and the transitions affecting revenue cycle management HFMA RESOURCE LIBRARY 10 Ways to Reduce Patient Statement Volume and Reduce Costs No two patients are the same Each has a very personal healthcare experience and each has distinct financial needs and preferences that have an impact on how when and if they chose to pay their healthcare bill It s no longer effective to apply static billing techniques to solve the complex challenge of collecting balances from patients The need to tailor financial conversations and payment options to individual needs and preferences is critical This presentation provides 10 recommendations that will not only help you improve payment performance through a more tailored approach but take control of rising collection costs HFMA Business Profiles Conifer Health Solutions Helping Providers and Employers Build a Foundation for Better Health Jim Bohnsack vice president solution corporate development for Conifer Health Solutions explains how the company helps healthcare providers leverage data to deliver better outcomes while optimizing reimbursement for all payment arrangements HFMA RESOURCE LIBRARY Reduce Patient Balances Sent to Collection Agencies Approaching New Problems with New Approaches This white paper written by Apex Vice President of Solutions and Services Carrie Romandine discusses the importance of patient segmentation and messaging specifically related to the patient revenue cycle Applying strategic messaging that is tailored to each patient type will not only better educate consumers on payment options specific to their billing needs but it will maximize the amount collected before sending to collections Further targeted messaging should be applied across all points of patient interaction i e point of service customer service patient statements and analyzed regularly for maximized results HFMA Business Profiles Ontario Systems Optimizing Accounts Receivable in a Rapidly Changing Environment Steve Scibetta senior director of channel sales for Ontario Systems healthcare product line shares insights into effectively managing receivables HFMA RESOURCE LIBRARY The Future of Online Patient Billing Portals This white paper written by Apex President Patrick Maurer discusses methods to increase patient adoption of online payments Providers are now seeking ways to incrementally collect more payments due from patients as well as speeding up the rate of collections This white paper shows why patient centric approaches to online payment portals are important complements to traditional provider

    Original URL path: http://www.hfma.org/TopicList.aspx?id=12524&taxid=438 (2016-02-10)
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    government and commercial are available to stand alone hospitals looking to fund IT construction and other projects When Less Is More A Look at Partial Refundings Depending on the situation a partial refunding may produce greater savings by accessing a different portion of the yield curve Hitting a Home Run with a Financing Game Plan Electra Memorial Hospital received a 25 year loan with a fixed interest rate below 5 percent and no financial covenants to meet Picking the Right Credit Rating Agency Tips on how to select the credit rating agency that will give you the best rating for your bond issue When Is an IT Project Not an IT Project Approaching every project as a business project i e an opportunity to sustain and advance the organization s mission maximizes the effectiveness of the capital budget Investing in Assets that Benefit from Inflation By investing in commodities TIPS and REITS healthcare organizations can steer around the silent tax of inflation Hospitals Acquire Upper Hand in Bond Covenants Hospitals are finding favorable terms in the bond market Ask the Expert Resources on Capital Budgeting Allocation Forum experts recommend some resources for learning about capital budgeting and allocation What Will Happen to Interest Rates in 2013 A number of compelling factors stand to affect current interest rates and healthcare finance leaders capital financing plans Where States Stand on Medicaid Expansion and Health Insurance Exchanges Learn how states are responding to Medicaid expansion and their decisions regarding the development of health insurance exchanges Fast Tracking for Hospital Construction Fast Tracking a hospital construction project has the potential to reduce costs and enhance quality Ask the Expert Public Bond Offering or Direct Placement How can hospitals determine the best way to borrow tax exempt How Professional Expertise Can Reduce the Potential for Rework Learn how professional expertise can reduce the potential for rework in a hospital construction project Good Shepherd Health System s Debt Recapitalization Strategy East Texas based Good Shepherd Health System re evaluated its overall debt profile and engaged in a beneficial multi phased restructuring of its debt and new project funding Performance Improvement in the Perioperative System Healthcare finance leaders have an important role to play in guiding clinical and financial improvements in hospitals Delivering Value to Multiple Stakeholders 2013 and Beyond Four strategies can help payers and providers give their customers more value for the dollar as health reforms emerge over the next few years 5 Strategies for Building a Top Performing Hospital Hospitals should build meaningful scale and scope as well as focus on integration cost quality of care and customer service to be competitive under value based business models Page 1 of 5 Advertisements HFMA Business Profiles McKesson Leveraging Predictive Analytics to Rein in Operating Costs A leader from McKesson discusses how healthcare reform is forcing hospitals and health systems to take a different approach to capacity management and patient flow HFMA RESOURCE LIBRARY 6 Patient Revenue Cycle Metrics You Should Be Tracking and How to Improve Your Results Patient financial engagement is more challenging than ever and more critical With patient responsibility as a percentage of revenue on the rise providers have seen their billing related costs and accounts receivable levels increase If increasing collection yield and reducing costs are a priority for your organization the metrics outlined in this presentation will provide the framework you need to understand what s working and what s not in order to guide your overall patient financial engagement initiatives and optimize results HFMA Business Profiles Accretive Health Partners with Providers to Excel in a Rapidly Transforming Revenue Cycle Environment Emad Rizk MD president and CEO of Accretive Health discusses the uncertainty facing hospitals and the transitions affecting revenue cycle management HFMA RESOURCE LIBRARY 10 Ways to Reduce Patient Statement Volume and Reduce Costs No two patients are the same Each has a very personal healthcare experience and each has distinct financial needs and preferences that have an impact on how when and if they chose to pay their healthcare bill It s no longer effective to apply static billing techniques to solve the complex challenge of collecting balances from patients The need to tailor financial conversations and payment options to individual needs and preferences is critical This presentation provides 10 recommendations that will not only help you improve payment performance through a more tailored approach but take control of rising collection costs HFMA Business Profiles Conifer Health Solutions Helping Providers and Employers Build a Foundation for Better Health Jim Bohnsack vice president solution corporate development for Conifer Health Solutions explains how the company helps healthcare providers leverage data to deliver better outcomes while optimizing reimbursement for all payment arrangements HFMA RESOURCE LIBRARY Reduce Patient Balances Sent to Collection Agencies Approaching New Problems with New Approaches This white paper written by Apex Vice President of Solutions and Services Carrie Romandine discusses the importance of patient segmentation and messaging specifically related to the patient revenue cycle Applying strategic messaging that is tailored to each patient type will not only better educate consumers on payment options specific to their billing needs but it will maximize the amount collected before sending to collections Further targeted messaging should be applied across all points of patient interaction i e point of service customer service patient statements and analyzed regularly for maximized results HFMA Business Profiles Ontario Systems Optimizing Accounts Receivable in a Rapidly Changing Environment Steve Scibetta senior director of channel sales for Ontario Systems healthcare product line shares insights into effectively managing receivables HFMA RESOURCE LIBRARY The Future of Online Patient Billing Portals This white paper written by Apex President Patrick Maurer discusses methods to increase patient adoption of online payments Providers are now seeking ways to incrementally collect more payments due from patients as well as speeding up the rate of collections This white paper shows why patient centric approaches to online payment portals are important complements to traditional provider centric approaches HFMA Business Profiles Optum Enabling Transformative Change Elena White vice

    Original URL path: http://www.hfma.org/TopicList.aspx?id=12524&taxid=439 (2016-02-10)
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