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Editor's e-Note
For the most part, these are tough economic times for hospitals. As a result, CFOs are in the crosshairs of worried investors and probing federal officials.

This month’s E-News Exclusive examines the most pressing issues affecting the bottom lines of health care organizations.

Lee DeOrio, editor
e-News Exclusive
Lots to Do for CFOs the Rest of 2017
By Heather Hogstrom

From regulatory changes to emerging technology, there are plenty of variables CFOs should keep their eye on in the coming months. Karen Hoppe, a consultant at Craneware, details some of the upcoming issues affecting health care revenue and what CFOs can do to be ready.

Prepare for Uncompensated Care and Patient Self-Pay
The American Health Care Act (AHCA), as passed by the House of Representatives in May, would likely increase the number of uninsured patients. A recent report from the Congressional Budget Office estimates the Affordable Care Act replacement bill would leave 23 million additional people without insurance by 2026, while a subsequent report from the Centers for Medicare & Medicaid Services’ Office of the Actuary estimates the number to be 13 million.

Pending the Senate’s draft of the bill, there’s a lot of uncertainty about the proposed changes and how the AHCA will affect consumers as well as hospitals’ overall financial performance. “CFOs really have to be prepared for an increase in uncompensated care,” Hoppe says. “So it’s important at this point in the year for CFOs to closely monitor their expenses while maintaining quality care, which is very difficult at this time, halfway through their year.”

If the AHCA puts more patients in the uninsured population, hospitals will still be caring for those patients. “Typically, hospitals look to insurance payments as their way to make money, but with all the consumer-driven, high-deductible health plans and the potential increases in the uninsured population, CFOs need to find creative ways to ensure patient obligations are collected,” she says.

Full Story »
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HFMA Preview
Collaborate at HFMA ANI
By Heather Hogstrom

This year’s Healthcare Financial Management Association (HFMA) ANI will be held June 25–28 in Orlando, Florida. The ANI 2017 educational content is focused on collaboration, and attendees even have the opportunity to influence content and request sessions that aren’t already included in the program by answering polls and e-mailing topic recommendations to The resulting content will be presented in Attendee Choice Sessions throughout the conference.

On the opening day of the conference, Mika Brzezinski and Joe Scarborough, hosts of MSNBC’s Morning Joe, will each present a Keynote Spotlight session, followed by a joint keynote presentation on America’s changing landscape. Afterwards, attendees can head straight to the opening reception for refreshments and entertainment. For another opportunity to mingle with fellow attendees, spend Tuesday night at “Cheers! To Collaboration,” which promises DJs, dancing, and disco balls along with an open bar and unlimited food. Additionally, a new networking option this year is the Collaboration Hub, which includes a Career Center where attendees can receive coaching.

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Industry Insight
Colorado HIE Launches FHIR

Colorado Regional Health Information Organization (CORHIO) recently announced the successful launch of a new technology innovation that will make health care data even more portable in Colorado. CORHIO CEO Morgan Honea made the announcement at the Prime Health Innovation Summit in Denver.

A proof of concept is underway that utilizes Fast Healthcare Interoperability Resources (FHIR) to provide user-configurable access to retrieve and view the patient data contained in the CORHIO health information exchange (HIE).

With funding from the Colorado Department of Health Care Policy and Financing, CORHIO has developed the architecture to utilize FHIR to greatly enhance clinical data access in a secure environment and position the HIE for advanced future applications.

Read more »
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Tech & Tools
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Day Pitney Launches Updated HIPAA Self-Assessment Tool 2.0
Day Pitney has updated its HIPAA Self-Assessment Tool 2.0, designed to provide an easy and cost-effective way for organizations to perform a self-assessment of HIPAA compliance based on the Office for Civil Rights (OCR) expanded audit protocol. The original version of the tool launched in December 2015, so the tool’s content was revised to reflect the additional audit areas added by OCR in 2016, including business associate requirements and use and disclosure of genetic information. The tool can help clients assess whether they are in compliance with HIPAA’s security, privacy, and breach notification requirements. Depending on the size and complexity of the organization, the tool can be completed by the compliance officer, privacy officer, security officer, health information manager, medical records manager, or legal counsel. Learn more »

New Health Industry Domain Debuts
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