Michael Bumann is the founder and CEO of Red Dot, a company that specializes in resolving motor vehicle accident accounts for healthcare organizations, and his history as a firefighter and EMT informs every aspect of his business. In today's episode, Bumann discusses what lessons leaders can take from first responders to take action in times of  great challenge.

Mentioned in this episode:

Surprise Billing Part I Summary

Surprise Billing Part II Summary

Dr. Brian Castrucci, an epidemiologist and CEO of the de Beaumont Foundation, talks with HFMA President and CEO Joe Fifer about policies to improve public health, cost effectiveness of health, the future of COVID-19 and the healthcare industry's role in it all.

HFMA senior editor Nick Hut is joined by Rep. Suzan DelBene to talk about the Improving Seniors' Timely Access to Care Act as well as following up on the Value in Health Care Act.

Mentioned in this episode:

CY 2022 OPPS/ASC Final Rule Summary

H.R.3173 - Improving Seniors’ Timely Access to Care Act of 2021

H.R.7791 - Value in Health Care Act of 2020

Dr. Ranga Krishnan of Rush University System for Health discusses the future of mental health payment and practice. He addresses how provider organizations can address workforce shortages by becoming partners in training and by changing the way they provide care to patients. He also talks about improving mental and behavioral healthcare in a value-based payment environment.

Mentioned in this episode:

The future of the clinical workforce: Joyce Fitzpatrick, Case Western Reserve University, and Robyn Begley, CEO of the AONL and chief nursing officer of the AHA, discuss challenges in nursing

Student Enrollment Surged in U.S. Schools of Nursing in 2020 Despite Challenges Presented by the Pandemic

Dr. Glenn Hardesty of Texas Health Resources and Stu Schaff of Intentionate Healthcare Advisors discuss how administrative burden deteriorates physician job satisfaction and well being, and how leaders can help.

Mentioned in this episode:

7 steps for supporting organizational well-being and mitigating clinician burnout

Why benchmarks should not be the sole guide for setting physician compensation

HFMA’s new Premium Facilitated Learning courses combine self-directed study with facilitator feedback and time for peer problem solving

HFMA's Brad Dennison and Paul Barr discuss Healthcare 2030, a four-part series exploring the challenges and opportunities for CFOs and other healthcare leaders created by the evolving industry, looking ahead to 2030. 

Danielle Solomon, national healthcare industry partner at BKD, and Mike Morris, president and CEO of XTend Healthcare, talk about the research that went into the series and their take on the findings.

Read the series here.

Steven Kelley, president and CEO of Ellenville Regional Hospital, a 25-bed critical access hospital in the Catskill region of New York, discusses how his organization drastically reduced ED times and improved outcomes for patients suffering from complications of COVID-19.

This episode is sponsored by USA Senior Care Network. USA Senior Care Network brings together Medicare Supplement Insurance carriers and quality healthcare facilities in a nationwide network for Medicare Supplement policyholders.  Although these policyholders have the ability to choose any hospital they want, they know that by choosing the in-network facility, it helps to manage costs and to keep premiums affordable for the future.  Through this innovative network, USA Senior Care Network’s insurance clients are able to channel their Medigap policyholders to participating hospitals in markets all across the country.  Thousands of credentialed hospitals and other medical facilities have contracted with USA Senior Care Network to gain patient volume and revenue on inpatient and outpatient procedures and services.

HFMA President and CEO Joe Fifer interviews Sergio Melgar, CFO at UMass Memorial Health, about his history with health systems in peril and what he thinks could come out of pandemic-era changes.

Mentioned in this episode:

HFMA's Healthcare 2030 series

Joyce Fitzpatrick, a nurse and director of the Marian K. Shaughnessy Nurse Leadership Academy at the Frances Payne Bolton School of Nursing at Case Western Reserve University and Robyn Begley, CEO of the American Organization for Nursing Leadership and the chief nursing officer for the American Hospital Association, discuss the challenges facing the nursing profession. They talk about shortages of new nurses and educators to prepare them, early retirement of Baby Boomers due to the pandemic and the effect burnout is having on the industry as a whole.

Mentioned in this episode:

Student Enrollment Surged in U.S. Schools of Nursing in 2020 Despite Challenges Presented by the Pandemic

Racial disparities in the healthcare industry have long been an issue, with serious effects on outcomes. In this episode, Dr. Rumay Alexander discusses how the industry can begin to rebuild trust and shares some practical advice about how to build a program around diversity, equity and inclusion.

Stories mentioned in this episode:

HFMA's Healthcare News of Note: Black patients experience higher rates of adverse patient events relative to white patients, study says

New poll shows Black Americans put far less trust in doctors and hospitals than white people

CDC: Working together to reduce black maternal mortality

Howard University announces center to research health disparities