The new CFO September 29, 2014 | Russ Banham, Contributing Writer
female CFO
In the post-ACA world, financial leaders need to become more involved in improving patient outcomes
The role of the modern hospital CFO has changed considerably in recent years. Not only do they perform a vital strategic role overseeing enterprise planning and performance, by necessity they have become more involved in the clinical aspects of healthcare. More
Use of long-term incentives doubles September 26, 2014 | Stephanie Bouchard, Managing Editor
performance management thinkstock
The shift to pay-for-performance spurs independent health systems to refocus their employee incentive programs
The use of long-term incentives at integrated health systems has doubled in the last two years, according to a compensation assessment of health systems and hospitals. More
Donations to nonprofits up in 2013 September 25, 2014 | Stephanie Bouchard, Managing Editor
hospital donation
More than $9B was donated to nonprofit healthcare institutions
Donations to nonprofit healthcare institutions in the U.S. jumped significantly in 2013, according to the Association for Healthcare Philanthropy. More
Upsides of picking early-stage start-ups September 24, 2014 | Tom Sullivan, Government Health IT
startup meeting
Want to expand faster than competitors? Rethink how you pick technology products
The healthcare industry is notorious for being slow to adopt IT. A new study indicates that this slowness -- especially for up-and-coming forms of technology -- may hamper business growth. More
Doctors face MU penalties thanks to CMS September 23, 2014 | Healthcare Finance News Staff, New Gloucester, Maine
stressed doctor
A reporting system glitch means some doctors will have 1 percent of their 2015 Medicare payments withheld
Convincing electronic health record-reluctant physicians to get on board may have just gotten a little harder. That's because a technical glitch in the reporting system of the Centers for Medicare & Medicaid Services' meaningful use program may cost physicians millions of dollars in penalties. More
Improving market conditions aid CFOs September 22, 2014 | Russ Banham, Contributing Writer
improvement chart
Bolstering revenue with higher investment income makes sense given a bullish stock market and low interest rates
Since the recession began, credit rating agencies have generally held a negative outlook on not-for-profit healthcare providers in the U.S. The squeeze on hospital and health system margins shows no sign of letting up. More
CHCs get primary care funding September 19, 2014 | Chris Nerney, Contributing Writer
Doc and money
Some health centers may be forced to reduce their scope of services or raise their sliding-scale charges
For U.S. community health centers, the recent announcement of $295 million in Affordable Care Act funding was welcome news. But the five-year period of mandatory ACA funding expires next September, meaning CHCs face a reduction of up to 70 percent in grant funding. More
Hospitals waste millions on antibiotics September 18, 2014 | Chris Nerney, Contributing Writer
pill bottle
Potential cases of antibiotics misuse add up to nearly $13 million in estimated excess costs for hospitals
New research by the Centers for Disease Control and Prevention and Premier, Inc., concludes that the inappropriate use of antibiotics in U.S. hospitals could result in an estimated $163 million in excessive costs. More
Bonuses given to ACOs September 17, 2014 | Jordan Rau, Kaiser Health News
doctor with piggy bank
64 ACOs saved Medicare $372M, which earned them the bonuses
About a quarter of the 243 groups of hospitals and doctors that banded together as accountable care organizations under the Affordable Care Act saved Medicare enough money to earn bonuses. More
Communication basics for CFOs September 16, 2014 | David Weldon, Contributing Writer
business discussion
As their roles evolve, CFOs need to build communication skills
In the past, many healthcare executives could get by with functional skills in their area of expertise, but with the pace and scope of change in the industry today, top-notch communication skills are critical. More
Today’s Headlines
In the effort to curtail the physician shortage, the industry is making a play for physicians who have left active practice. More
Home health agencies can help hospitals reduce readmissions and control overall healthcare costs, according to a new study, but how effective these agencies are in meeting such goals largely depends... More
The ability of accountable care organizations to meet the goals of improving care and lowering costs may be hindered by health IT obstacles suggests a new analysis. More
Our weekly look at career moves in the healthcare finance sector. This issue highlights promotions, hires and fires for the week ending Sept. 26, 2014. More
New research suggests that socioeconomic factors can account for most of the geographical variation in Medicare spending. As a result, larger socio-demographic issues must be considered when... More
Hospitals are projected to save $5.7 billion this year as previously uninsured patients gain coverage through the 2010 health care law, the Department of Health and Human Services said Wednesday. More