HealthIT Answers July 11, 2023
By Beth Friedman, Sr. Partner, FINN Partners
Twitter: @FINNPartners
The HFMA Annual Conference 2023 was recently held at the Gaylord Opryland in Nashville, Tennessee. The event’s online description promised the conference would “embrace the need for change.” And change is certainly required against the backdrop of declining profitability and 0.3% median year-to-date operating margins. Legacy financial and revenue cycle strategies no longer suffice.
However, after spending four action-packed days at HFMA 2023, I’m convinced that finance and revenue cycle leaders have already embraced the need for change and are racing ahead to reap the rewards. Instead of gloom and doom, the event was energizing, inspiring and fun.
Every session was led by industry experts touting advancements in intelligent technologies, automated workflows...