Operations
Our weekly look at career moves in the healthcare finance sector. This issue highlights promotions, hires and fires for the week ending July 11, 2014.
Children's hospitals increasingly face the same market challenges as other hospitals, including a growing pressure to significantly reduce costs. Dan May of Huron Healthcare offers performance improvement suggestions for finance and operations leaders at these facilities.
When a car rolls off an assembly line, the automaker knows exactly what parts, labor and facilities cost. Not so in healthcare, and now some health executives are trying to change that.
Many small, rural hospitals have struggled financially in recent years. But one critical access facility in Nebraska has discovered a means to financial stability and beyond.
Healthcare finance professionals must better understand how value is delivered by frontline providers, and simultaneously offer providers business insight, said an expert on nursing management today at the HFMA ANI 2014 conference.
There are arguably more factors impacting the healthcare revenue cycle today than at any other time in history. The result is an increasingly unpredictable and dynamic revenue cycle that requires constant organizational adaptation and vigilance.
Two greater Chicago health systems are joining forces to create what could become Illinois' third largest health network. But don't call it a merger.
Despite hiring consultants, assigning process improvement teams and redesigning workflow, hospitals across the country struggle with stagnant metrics. Not only is this frustrating, but having ineffective processes and roles is costly.
How do hospitals survive if they keep patients healthy and at home? For New Hampshire’s New London Hospital, the answer is to partner with the largest hospital in the state to keep costs low and possibly boost patient volume.
Strong executive leadership is indispensable to the effective, and efficient, functioning of a hospital business office. To that end, finance executives might consider attending the pre-conference career sessions available this Sunday at HFMA's 2014 National Institute.