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Upcoming
Texas State Webinars
November 19
December 17
January 21
More Information
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Why Certify?
HFMA's CHFP (Certified Healthcare Financial Professional) Becoming certified distinguishes you a leader as well as a role model in the healthcare finance community.
Earning the CHFP credential enhances your credibility, supports your professional development, demonstrates a high level of commitment to the field, and
validates your skills and knowledge.
HFMA SOUTH TEXAS CHAPTER'S $1800 Investment in You!
- 8 HOURS OF WEBINAR TUTORIAL from 12:00-2:00 pm on: November 8.
- PARTICIPANT STUDY GUIDE CREATED TO GO WITH WEBINAR TUTORIAL
- Additional webinar/live pay as you go lunches with guest speakers who have experience in the areas tested on November 22 from 12:00-2:00 pm at locations around San Antonio TBD.
- 8 TOTAL CPEs from the primary webinar tutorials
ONLY COST TO YOU
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HFMA South Texas Chapter Links
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Editor's Alley
Jami Force
Newsletter & Communications
Committee Chair
Letter from the Editor
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 President's Message
Tammie Galindez,
Dir. Client Mgmt.
TransUnion
In the event you have not gotten the memo...it's Fall! Whereas "Fall" for most of the country means lower temperatures and long drives to take in the vibrant colors of the trees; here in Texas--Friday Night Lights can still be enjoyed in short sleeves and our little ones need not be concerned with bundling a coat underneath their precious Halloween costumes. Everything-and everywhere--has its charm!
The healthcare industry these days seems to present us with the same cadence of varying degrees of charm. I usually take the opportunity in my message to call to your attention what's new or changing in healthcare. Today I would like to visit with you about what is going on with HFMA-both here in the South Texas chapter as well as at a national level.
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Reducing Hospital Prices While Increasing Net Revenues
Written by Mark Jeziorski
Hospital prices have been in the press recently. Newspapers around the country have been publishing stories highlighting the wide disparities in prices for common medical procedures and tests among hospitals in close proximity to each other. Concerned about its prices being high, one hospital undertook an initiative to reduce its prices. This hospital was able to dramatically decrease prices, improve its median ratio of prices to wage adjusted APC payments and increase net revenues.
Read More
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Medical Necessity: The Driving Force of Successful Observation Units
 
Written by Edward J. Niewiadomski, MD & Cyndy McCarty-Kowalski, RN, MPA, C-CDIS
The Patient Protection and Affordable Care Act and the ever increasing RAC auditors' objective to preserve the Medicare Trust Fund are strengthening the case for a solid Medical Necessity Compliance Program and reinforcing its importance for Observation Units. In this environment of increased scrutiny, a number of opportunities exist with the potential to reduce cost, enhance patient satisfaction and improve the quality of care. Hospitals are exploring ways to address these challenges. Although hospitals have implemented the concept of observation,
many have not evaluated or reviewed a Medical Necessity Compliance Program, often relying on third party vendors to make those determinations.
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Nonprofit Investing:
Mission Responsible
 
Written by William M. Courson &
Jason E. Terry
Sustainable and responsible investing, or as it is often called, socially responsible investing (SRI), has grown as more investors desire to have their investment dollars channeled towards investments that reflect their own personal or organizational values. In the case of nonprofit organizations, mission-related investments have become increasingly important in the last 10 years.
SRI is generally accomplished by investing in a company or municipality that is in line with an investor's own morals or by avoiding investments in companies that violate an investor's specific beliefs. In the case of nonprofits, investments would be made or avoided according to its mission, which should be reflected in its investment policy statement. Therefore, it's key for responsible investing that nonprofit boards view investments through a mission-critical lens.
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