Highway to Health
For the first time in history, Texas is home to three female presidents leading Healthcare Financial Management Association (HFMA) chapters, alongside the organization’s first female CEO, Ann Jordan. This unprecedented moment is more than symbolic; it highlights a shift toward inclusivity, collaboration, and innovation in healthcare financial management. With Texas chapters spanning diverse regions…
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Healthcare
Understanding Virtual Care for the Acute Setting: Driving Access, Efficiency, and Better Patient Outcomes
As healthcare systems face increasing challenges—ranging from provider shortages to rising costs—the adoption of virtual care is accelerating. Acute care settings, in particular, have benefited from virtual care innovations, which have reshaped how hospitals deliver critical services. A recent study highlights that telemedicine improves chronic condition management, decreases hospital admissions, and boosts patient outcomes,…
Articles
Improving Healthcare Access Through Nontraditional Benefits and Discount Plans
Healthcare costs are rising steadily, while insurance benefits struggle to offer sufficient coverage, driving demand for practical solutions like nontraditional benefits and discount plans. As premiums rise and coverage limits remain stagnant, many individuals and employers seek alternative ways to manage costs and improve healthcare access. With chronic conditions on the rise, the stakes…
Articles
Fighting for Fair Healthcare Access Means Overcoming Certain Challenges
With healthcare costs continuing to climb, and the access to quality care remaining uneven, discussions on healthcare reform are quite an essential topic. Millions of Americans face high out-of-pocket costs and limited access to critical health services. According to a 2022 Gallup poll, nearly 40 percent of Americans have delayed medical care due to…
Health
Personalized Solutions Through Data Are the Future of Aligning Healthcare Staff Needs with Patient Outcomes
The healthcare industry faces unprecedented challenges, with workforce shortages pushing hospital labor costs to over 60% of total expenses. This strain is compounded by rising burnout rates among healthcare providers, particularly nurses. A recent AMN Healthcare survey revealed that nurses are prioritizing well-being and flexibility in 2024, underscoring the urgent need for personalized solutions…
Articles
Resilience and Overcoming Challenges is a Goal to Aim For
Conversations around mental resilience and maintaining a positive mindset are increasingly relevant today. With rising levels of stress and burnout in both personal and professional spaces, many people are searching for ways to reframe challenges as opportunities. One study showed that 75 percent of employees reported feeling overwhelmed or burned out at work, underscoring…
Articles
Navigating Clinician Burnout and Nursing Shortages with Dr. Megan Carter
Clinician burnout and nursing shortages have reached critical levels, threatening the stability of healthcare systems nationwide. With projections indicating that Texas will be second in the nation for registered nurse (RN) shortages by 2030, the pressure on healthcare providers is intensifying. According to the National Council of State Boards of Nursing, around 100,000 registered…
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Latest Core Takeaways - Highway To Health
Technology’s Role in Revolutionizing Treatment in Healthcare
Dr. Scott Sigman, M.D., host of The Ortho Show, highlights the impending technological advancements in healthcare, emphasizing how it will enhance patient care and revolutionize surgical procedures. Dr. Sigman mentions the integration of ChatGPT in the operating room through CaliberAI, an AI company aiming to guide surgical interventions. Furthermore, Dr. Sigman shares his experience with…
The Lifelong Impact of Athletic Training on Kids
Blair Bundy, the Director of Player Health for the Milwaukee Brewers, recently shared his insights on the importance of nurturing lifelong athletes from a young age. He emphasized that the ultimate goal for children participating in sports is not just about winning games but about fostering physical and mental resilience. Such individuals lessen the strain…
Looking Beyond Profit to Harness Technology and Influence for Purpose in Healthcare
In the constantly changing landscape of technology and innovation, leveraging one’s resources for a purpose in healthcare beyond profit is becoming increasingly vital. Particularly in sectors like healthcare, the responsibility to contribute doesn’t merely revolve around monetary gains but is deeply rooted in purpose and influence. Harnessing the power of technology, intellectual property, and human…
Latest Healthcare Financial Management Association 2023
Inpatient Nursing Needs Efficient, Innovative Technology to Boost Staff Morale
Navigating the intricate landscape of inpatient nursing can be a daunting task, especially with the rising wage rates posing significant challenges. It is vital, now more than ever, to implement innovative solutions that not only ensure equitable staffing ratios but also enhance the overall work experience of healthcare professionals. Implementing efficient cost cutting measures…
Bridging the Gap: Tech-Enabled, Physician-Led Clinical Documentation Solutions
Healthcare brings in plenty of money via payments and funding, but due to a lack of coding solutions, not all healthcare professionals get paid for their work. Even if a physician goes get paid, it can take some time, or some of the work they have done gets lost in the cracks, along with…
Up-leveling the Consumer Experience in Healthcare
Highway to Health’s David Kemp attended HFMA 2023 in Nashville and got some interesting insights on up-leveling the consumer experience in healthcare. Seth Cohen, President of Cedar, and Jeremy Church, CFO at Keck Medicine of USC, took a moment to sit down and discuss the importance of enhancing the patient experience through digital engagement strategies….
A Changing Healthcare Landscape is Pressuring Costs on the Industry, But Technology is Swinging in With a Resolution
With an evolving healthcare landscape, organizations face increasing pressure on their profit margins, stemming from rising labor and supply costs, declining reimbursements, and the intricate dynamics of healthcare billing. Striking a balance amid these challenges requires innovative strategies and tools to measure, motivate, and retain the highest performers – the human capital that ultimately…
Latest Healthy Habits - Highway To Health
Balancing Work, Rest, and Family Time
In the high-stakes world of deal-making, staying ahead of the curve is paramount. The pressures are immense, with unexpected twists and turns demanding constant vigilance. Yet, amidst this whirlwind, finding moments of respite becomes crucial. It not only rejuvenates the mind but also ensures better productivity. On the latest episode of Highway to Health–“The Impact…
Building Daily Routines: Structure Fuels Personal and Professional Purpose
In a bustling world, achieving work-life balance often revolves around the structures and daily routines we set for ourselves. The sanctity of a structured day, imbued with moments of family, self-reflection, and responsibility, serves as a cornerstone for many successful individuals. Such routines don’t just structure our professional commitments but deeply enrich our personal lives,…
Insights from Dr. Chase Feiger on the Importance of Physical Activity for Mental Recharge
In today’s fast-paced business world, a growing body of research suggests that the continual demands on our attention can lead to burnout and decreased productivity. But it’s not just about taking a break; it’s about the quality of the breaks we take. Just like a car that needs quality fuel to run efficiently, our brains…
Latest Highway to Health - Live
Can the Gut Microbiome be the Answer to Personalized Healthcare?
Gut health awareness has been playing a pivotal role in the improvement of health as more and more people begin to prioritize the state of microbiome in their bodies. Health experts say that the gut provides an answer to someone’s health, particularly, their digestion and mood, according to Hopkins Medicine. Additionally, the body’s immune system…
Latest Highway to Health - Season 1
Highway to Health: Referral Management Paired with E-consults Delivering for Patients and Providers
The healthcare industry is facing a lot of challenges, like physician burnout, the high cost of care, a lack of insurance coverage, staffing problems, and a lack of adequate interactions between patients and providers, just to name a few. With the loads of technology and applications available, many providers still use fax machines as a…
Provider & Payer Dynamics: Revenue Cycle’s Evolution
Pre-authorization is a word that is being tossed around more and more frequently in the healthcare world. Often referred to as pre-approvals, prior approvals, or prior authorizations, these are insurance-dictated restrictions on medicines, tests, or health services that require a check before insurance will officially cover the product or service. More than three quarters of…
Patient’s Responsibility in the Financial Side of Healthcare
Patients’ financial responsibility has been increasing over the years, and this trend is stepping-up healthcare costs, with no assurance it’s going to slow down in the future. According to patientengagementhit, patient financial responsibility increased by 11 percent in 2017, a rise from $1,630 in Q4 2016 to $1,813 in Q4 2017, totaling an increase of…
Referral Management and Health System Revenue Leakage
Staying on top of your health isn’t always easy. Time, money, and knowledge all play a big role in shaping your healthcare. Missing a follow-up appointment might not seem like a big deal, though it could be a game changer for your health or your practice and staying on top of appointments should be a…
Intelligent Automation: Meeting Patient Expectation
Key Points: The administrative burden on the provider is what translates into poor patient experience. Many big tech companies going into the healthcare business are finding it challenging because they do not have a proper understanding of how it works There is a need for alignment between patient needs and what healthcare providers are offering…
How AI is Being Applied in Early Diagnosis
Most people have likely been impacted by a family member or friend who has had heart disease, and the statistics show that it certainly carries a heavy burden on society. Cardiac disease is responsible for 40.8 million disability-adjusted life years (DALYs) annually as well as 36.4 million years of life lost (YLLs) due to premature…
#WintheDay: How Personal Branding Can Drive Individual and Corporate Performance
Dollars drive healthcare. So much so, in fact, that the US spent more than 19.7% of US GDP on healthcare spending in 2020. Healthcare costs effect everyone involved in the industry, from the payor to the clinician to the patient. To help streamline healthcare solutions, one company aims to match patients with the best…
A Fresh Take on Remote Care and Healthcare Disruption
The pandemic accelerated many industries around the world, one of which was the healthcare industry. Remote-care shot up throughout the pandemic, allowing more people to stay at home and get the care they needed. But while some clinics offer the tools necessary to continue providing accurate remote-care, improvements can still be made for diagnostic…
Improving Financing and Reimbursement Options for Patients and Providers
Do you ever think about just how much surgical procedures cost? Well, for the uninsured patient, they can be upwards of a whopping 35 thousand dollars. And for those who are insured, even paying a chunk of that change is sure to make a dent in the wallet. Since not many individuals will pay a…
Latest Highway to Health – Season 2
Understanding Virtual Care for the Acute Setting: Driving Access, Efficiency, and Better Patient Outcomes
As healthcare systems face increasing challenges—ranging from provider shortages to rising costs—the adoption of virtual care is accelerating. Acute care settings, in particular, have benefited from virtual care innovations, which have reshaped how hospitals deliver critical services. A recent study highlights that telemedicine improves chronic condition management, decreases hospital admissions, and boosts patient outcomes,…
Improving Healthcare Access Through Nontraditional Benefits and Discount Plans
Healthcare costs are rising steadily, while insurance benefits struggle to offer sufficient coverage, driving demand for practical solutions like nontraditional benefits and discount plans. As premiums rise and coverage limits remain stagnant, many individuals and employers seek alternative ways to manage costs and improve healthcare access. With chronic conditions on the rise, the stakes…
Fighting for Fair Healthcare Access Means Overcoming Certain Challenges
With healthcare costs continuing to climb, and the access to quality care remaining uneven, discussions on healthcare reform are quite an essential topic. Millions of Americans face high out-of-pocket costs and limited access to critical health services. According to a 2022 Gallup poll, nearly 40 percent of Americans have delayed medical care due to…
Resilience and Overcoming Challenges is a Goal to Aim For
Conversations around mental resilience and maintaining a positive mindset are increasingly relevant today. With rising levels of stress and burnout in both personal and professional spaces, many people are searching for ways to reframe challenges as opportunities. One study showed that 75 percent of employees reported feeling overwhelmed or burned out at work, underscoring…
Navigating Clinician Burnout and Nursing Shortages with Dr. Megan Carter
Clinician burnout and nursing shortages have reached critical levels, threatening the stability of healthcare systems nationwide. With projections indicating that Texas will be second in the nation for registered nurse (RN) shortages by 2030, the pressure on healthcare providers is intensifying. According to the National Council of State Boards of Nursing, around 100,000 registered…
Demystifying Self-Funded Benefits Can Forge a New Path for Employers
Healthcare costs are skyrocketing in the U.S., placing significant pressure on both businesses and individuals. With health insurance premiums on the rise, businesses are searching for innovative solutions to manage these escalating expenses. As traditional fully-insured models become less sustainable, more employers are turning to self-funded benefits as a way to take control of…
Sustainability in Healthcare: Why and How
As the health sector grapples with evolving challenges, sustainability in healthcare emerges as a critical focal point. The healthcare industry faces increasing pressure to adapt amid global conflicts, inflation, and rising environmental concerns. According to The Commonwealth Fund, healthcare contributes 8.5% of the U.S. carbon footprint. With this backdrop, healthcare organizations must explore ways…
Digital Health Technologies are Reshaping the Future of Healthcare
The healthcare landscape is seeing very constant and swift changes with the integration of digital technologies — a trend that’s been accelerated by the ongoing need to enhance patient outcomes and improve access to care. The conversation around digital health is timely, as the general health industry witnesses significant advancements in telemedicine, remote patient…
Merging Risk Management with Employee Well-Being is the Secret to Unlocking Workplace Potential
In today’s rapidly evolving business landscape, the convergence of risk management, business insurance, and employee benefits has emerged as a critical focal point for organizations aiming to foster a resilient and thriving workforce. This intersection of risk management and employee well-being addresses not just the physical assets of a company but extends to the…