Budgeting
Pennsylvania-based Geisinger has developed five major bodies of oversight, each headed by a senior executive, and a centralized compliance office.
Healthcare Finance showcases its top five most popular videos from the first half of the year.
In its annual recommendations to Congress on Medicare policies, the Medicare Payment Advisory Commission recommends a 3.25 percent update to inpatient and outpatient hospital payment rates for 2016, as well as repeal of the Sustainable Growth Rate (SGR) methodology for physician services.
The expansion of insurance coverage to some 10 million individuals in 2014 has implications for the growth rate in national health expenditures and on health workforce requirements. While there is broad agreement that spending and utilization will be pushed upward, there is much debate about the amounts.
Brad Sinclair has been named chief financial officer for the University of Mississippi Medical Center’s University Hospitals and Health System in Jackson, Mississippi.
The timeworn image of the number-crunching hospital CFO, toiling behind the scenes, has transformed over the past several years into that of a key management figure, deeply entrenched in daily operations and strategic planning.
Consumerism in healthcare is changing the industry, as patients are paying far closer attention to the costs of medical care than in the past. This change will likely shape the top 10 issues faced by providers in 2015, claims a new report by the PwC Health Research Institute.
An increasing number of healthcare organizations are turning to demand forecasting, crunching numbers to help them determine potential device usage, patient demand and even to decide whether or not to build new facilities.
For healthcare financial executives, the integration of a new operation carries many challenges. And not the least is the question of how to compensate physicians who are joining the organization.
Collaboration with university-based business schools can bring a new perspective to hospital and health system problems, especially when trying to introduce new thinking into an organization.