Chad Wolver
@bsky-chad.bsky.social
Sharing articles and insights on #accounting, #healthcare, #SDoH and #populationhealth
About Me: Healthcare CFO 🌱 | INC 5000 x2 📈 | Accounting & Finance Nerd 🧮💰 | LGBTQ Advocate 🏳️🌈 | Iggy Dad x2 🐾 | Globe Trotter & Bibliophile 🌍📚
About Me: Healthcare CFO 🌱 | INC 5000 x2 📈 | Accounting & Finance Nerd 🧮💰 | LGBTQ Advocate 🏳️🌈 | Iggy Dad x2 🐾 | Globe Trotter & Bibliophile 🌍📚
“Being right is better than wanting to be right.” -Alex Waddell
January 7, 2025 at 5:56 PM
“Being right is better than wanting to be right.” -Alex Waddell
Glad #telehealth provisions were extended for another 2 years. Can you imagine modern #healthcare without it? 😅
Congress Extends Telehealth Flexibilities for Two More Years
natlawreview.com
December 23, 2024 at 1:18 AM
Glad #telehealth provisions were extended for another 2 years. Can you imagine modern #healthcare without it? 😅
#ValueBasedCare arrangements in #healthcare, particularly ones with downside risk provisions, are tough because of #MCO #data inconsistency, innacuracy and lack of capacity. Why take financial risk when you can’t manage the program or trust the data? 🤔 I think #FFS is going to be here for a while…
Medicaid Managed Care Survey Highlights Barriers to VBC Adoption
The percentage of health plans reporting that providers participate in downside risk arrangements has remained below 50% and is not expected to increase
www.hcinnovationgroup.com
December 17, 2024 at 10:30 PM
#ValueBasedCare arrangements in #healthcare, particularly ones with downside risk provisions, are tough because of #MCO #data inconsistency, innacuracy and lack of capacity. Why take financial risk when you can’t manage the program or trust the data? 🤔 I think #FFS is going to be here for a while…
✈️ Just got on the plane to New Mexico and the flight attendant comes on the speaker and says: “Good afternoon and welcome to this flight, nonstop to Seattle.”
😳😅😂👀
#minorpanic #americanairlines
😳😅😂👀
#minorpanic #americanairlines
December 13, 2024 at 8:57 PM
✈️ Just got on the plane to New Mexico and the flight attendant comes on the speaker and says: “Good afternoon and welcome to this flight, nonstop to Seattle.”
😳😅😂👀
#minorpanic #americanairlines
😳😅😂👀
#minorpanic #americanairlines
Send me some 🍀 today. #Auditors are onsite for some 2024 #Audit planning. 🙏
#prayersandwishes #officelife
#prayersandwishes #officelife
December 10, 2024 at 2:37 PM
Send me some 🍀 today. #Auditors are onsite for some 2024 #Audit planning. 🙏
#prayersandwishes #officelife
#prayersandwishes #officelife
December 10, 2024 at 1:11 AM
Terrified to see how much this is going to cost #Optum and #UnitedHealthcare for the #ChangeHealthcare data breach. More than 100 million individuals involved. 😳
Change Healthcare Data Breach Settlement Talks Due to Commence
Attorneys for the plaintiffs and defendants are due to meet soon to discuss the possibility of a settlement to resolve the consolidated Change Healthcare The latest news and updates from the Change He...
www.hipaajournal.com
December 10, 2024 at 12:05 AM
Terrified to see how much this is going to cost #Optum and #UnitedHealthcare for the #ChangeHealthcare data breach. More than 100 million individuals involved. 😳
My overall experience with #PriceTransparency has been fraught. The massive text files are incomplete, incorrect, and incomprehensible. There’s now an entire industry devoted to untangling the web. #Healthcare is crazy sometimes. 😔
Price Transparency: A Catalyst For Affordable Healthcare
Price transparency is a necessary catalyst to jumpstart the transformation of our healthcare system into a competitive, fair, and patient-oriented one.
www.forbes.com
December 9, 2024 at 11:58 PM
My overall experience with #PriceTransparency has been fraught. The massive text files are incomplete, incorrect, and incomprehensible. There’s now an entire industry devoted to untangling the web. #Healthcare is crazy sometimes. 😔
I’ve found that technical #accounting understanding and a tech forward #mindset are not mutually exclusive. Where teams get in trouble is when #leaders fail to create a #culture of learning, experimentation, curiosity, and continual improvement.
Creating a tech-forward senior accounting talent strategy: EY
To retain top talent, CFOs need to balance senior accountants’ experience against AI’s promise, EY’s Daren Campbell said.
www.cfodive.com
December 8, 2024 at 11:58 PM
I’ve found that technical #accounting understanding and a tech forward #mindset are not mutually exclusive. Where teams get in trouble is when #leaders fail to create a #culture of learning, experimentation, curiosity, and continual improvement.
Interesting to note that there are 300,000 less jobs openings in October 2024 compared to October 2023 in #Healthcare and #SocialAssistance industries. 🧑⚕️👨🏽⚕️👩🏿⚕️
Some items from last week's jobs report:
⚕️Job openings in healthcare/social assistance increased by 15K in October
🤝The rate of hires rose to 3.5 in October
🚶🏼♀️Layoffs and discharges increased in October to 164,000, up from 144K in September
www.beckershospitalreview.com/workforce/he...
⚕️Job openings in healthcare/social assistance increased by 15K in October
🤝The rate of hires rose to 3.5 in October
🚶🏼♀️Layoffs and discharges increased in October to 164,000, up from 144K in September
www.beckershospitalreview.com/workforce/he...
Healthcare employment status: 6 things to know
www.beckershospitalreview.com
December 8, 2024 at 10:50 PM
Interesting to note that there are 300,000 less jobs openings in October 2024 compared to October 2023 in #Healthcare and #SocialAssistance industries. 🧑⚕️👨🏽⚕️👩🏿⚕️
The reality of #ValueBasedCare in #PrimaryCare changes quickly. To think, just 2 years ago, large retailers like #Walmart and #Walgreens were seen as the next growth vector of #healthcare in the US. 🙈 It’s becoming more and more about #populationhealth 🧑🧑🧒🧒
What will primary care look like in 2030?
As a result of shifts in the primary care landscape, Bain & Company has made important adjustments to their 2030 market share forecast from two years ago.
www.medicaleconomics.com
December 8, 2024 at 9:58 PM
The reality of #ValueBasedCare in #PrimaryCare changes quickly. To think, just 2 years ago, large retailers like #Walmart and #Walgreens were seen as the next growth vector of #healthcare in the US. 🙈 It’s becoming more and more about #populationhealth 🧑🧑🧒🧒
The thing about #SDoH screening is… it’s worthless on it’s own. #Healthcare outcomes (and quality of life) will only be impacted if these gaps are actually addressed.
UT Health San Antonio launches social determinants of health screening tool - UT Health San Antonio
UT Health San Antonio launches social determinants of health screening tool
news.uthscsa.edu
December 5, 2024 at 11:51 AM
The thing about #SDoH screening is… it’s worthless on it’s own. #Healthcare outcomes (and quality of life) will only be impacted if these gaps are actually addressed.
Any other #SageIntacct users on here? All I want to do is get hyped about #SageCopilot but I feel so lonely 🥶
#accounting #ERP #GenAI #AI
#accounting #ERP #GenAI #AI
Sage unveils GenAI tool to transform SMB accounting and productivity
Sage, a global leader in accounting, financial, HR, and payroll technology for small and mid-sized businesses (SMBs), has launched a generative AI tool which is set to support SMB growth.
fintech.global
December 5, 2024 at 11:43 AM
Any other #SageIntacct users on here? All I want to do is get hyped about #SageCopilot but I feel so lonely 🥶
#accounting #ERP #GenAI #AI
#accounting #ERP #GenAI #AI
The state of #RuralHealth is fascinating and grim. 🏥 Rural hospitals support entire communities in ways most take for granted. It makes sense that #M&A would improve hospital #profitability and #liquidity due to #economiesofscale. The underlying report is worth the read. 📚📖
#Merger or other affiliation transaction helped about half of #hospitals in #ruralhealth situation. Maintaining #healthcare presence in communities has many benefits. www.fiercehealthcare.com/hospitals/re...
M&A or affiliation improved rural hospitals' margins, reduced risk of closure: report
Nearly half of rural hospitals moved out of the high-risk category after a merger, acquisition or affiliation with a larger system, a new analysis has found. | The analysis, conducted by healthcare co...
www.fiercehealthcare.com
December 4, 2024 at 2:42 AM
The state of #RuralHealth is fascinating and grim. 🏥 Rural hospitals support entire communities in ways most take for granted. It makes sense that #M&A would improve hospital #profitability and #liquidity due to #economiesofscale. The underlying report is worth the read. 📚📖
I am ordering so much stuff from this site for my accounting team: www.tb4a.com
💀💀💀
#accounting #apparel #EBITDA #YouHadMeAtEBITDA #REF #Enron
Thanks to @thatweirdgirl107.bsky.social for the share! 🙏
💀💀💀
#accounting #apparel #EBITDA #YouHadMeAtEBITDA #REF #Enron
Thanks to @thatweirdgirl107.bsky.social for the share! 🙏
TB4A.COM | TheBig4Accountant™ | T-Shirts and Gifts for Accountants
Funny shirts and gifts for accountants, finance and business professionals. Gift ideas for accounting, finance, bankers, consultants and more. Shop funny t-shirts, hoodies, hats, mugs, bumper stickers...
www.tb4a.com
December 4, 2024 at 1:37 AM
I am ordering so much stuff from this site for my accounting team: www.tb4a.com
💀💀💀
#accounting #apparel #EBITDA #YouHadMeAtEBITDA #REF #Enron
Thanks to @thatweirdgirl107.bsky.social for the share! 🙏
💀💀💀
#accounting #apparel #EBITDA #YouHadMeAtEBITDA #REF #Enron
Thanks to @thatweirdgirl107.bsky.social for the share! 🙏
#SecretCFO is one of my favorite #accounting, #finance, #CFO, and #leadership influencers.
My favorite mindset, even though I agree that it takes all of these, is “Radical Independence.” It’s a heavy burden some days, but no one said the CFO job is easy.
@secretcfo.bsky.social 🔍
My favorite mindset, even though I agree that it takes all of these, is “Radical Independence.” It’s a heavy burden some days, but no one said the CFO job is easy.
@secretcfo.bsky.social 🔍
🧠 The 7 Mindsets of the CFO
I wasn't always old and wise
www.cfosecrets.io
November 30, 2024 at 2:17 PM
#SecretCFO is one of my favorite #accounting, #finance, #CFO, and #leadership influencers.
My favorite mindset, even though I agree that it takes all of these, is “Radical Independence.” It’s a heavy burden some days, but no one said the CFO job is easy.
@secretcfo.bsky.social 🔍
My favorite mindset, even though I agree that it takes all of these, is “Radical Independence.” It’s a heavy burden some days, but no one said the CFO job is easy.
@secretcfo.bsky.social 🔍
This. Article. 💯 Nail on the head. Transitioning from #FFS to #ValueBasedCare in #healthcare is a complete paradigm shift for providers, which is why the adoption has been painfully slow. It’s about #HEDIS, #SDoH, #RiskStratification, and overall #PopulationHealth management.
Value-Based Care Is a Four Layer Cake — Why Do We Only Focus on The Icing? - MedCity News
During a recent panel discussion, three healthcare experts discussed reasons why value-based care is struggling to reach scale.
medcitynews.com
November 29, 2024 at 3:28 PM
This. Article. 💯 Nail on the head. Transitioning from #FFS to #ValueBasedCare in #healthcare is a complete paradigm shift for providers, which is why the adoption has been painfully slow. It’s about #HEDIS, #SDoH, #RiskStratification, and overall #PopulationHealth management.
This article is less about #ValueBasedCare and more about how #healthcare insurance and service providers are prioritizing #interoperability and #data unification. #VBC doesn’t work without clear and actionable insight into patient data.
An increasing number of health systems are adopting the “payvider” model, in which they provide both #Healthcare services and #HealthInsurance. #ValueBasedCare #Consolidation
Achieving Value-Based Care Through the Payvider Model
Integrated health systems that provide care and insurance coverage are pursuing solutions to better blend both sides, looking to lower costs and improve services.
buff.ly
November 29, 2024 at 3:18 PM
This article is less about #ValueBasedCare and more about how #healthcare insurance and service providers are prioritizing #interoperability and #data unification. #VBC doesn’t work without clear and actionable insight into patient data.
A “care now, pay later” option for #healthcare services? It makes sense that this model has increased collections by 35% for providers, especially since #PayZen offers interest and fee-free installment payments.
#HealthcareFinance #HealthcareTech
#HealthcareFinance #HealthcareTech
PayZen, a healthcare-focused financial technology company offering a "Care Now, Pay Later" service, raised $23 million in a Series B funding round led by NEA, along with $200 million in debt financing. #HealthcareFinance #FinancialTechnology
PayZen secures $32M Series B, $200M debt facility to grow its 'care now, pay later' product | TechCrunch
PayZen aims to make healthcare more affordable by enabling patients to pay their bills in interest and fee-free instalments over time.
techcrunch.com
November 27, 2024 at 6:26 AM
A “care now, pay later” option for #healthcare services? It makes sense that this model has increased collections by 35% for providers, especially since #PayZen offers interest and fee-free installment payments.
#HealthcareFinance #HealthcareTech
#HealthcareFinance #HealthcareTech
#Healthcare News: #AI detection of #hypertension and #diabetes 🧑⚕️ Even though the authors admit that accuracy will need to increase before deploying more widely, it is great to see #MedTech advancing to aid #telehealth delivery. 😎
AI-enabled video of skin on face, hands may detect high blood pressure, diabetes
CHICAGO — An AI-enabled tool utilizing machine learning, high-speed images and video accurately detected hypertension and type 2 diabetes among Japanese adults compared with continuous BP monito...
www.healio.com
November 25, 2024 at 8:48 PM
#Healthcare News: #AI detection of #hypertension and #diabetes 🧑⚕️ Even though the authors admit that accuracy will need to increase before deploying more widely, it is great to see #MedTech advancing to aid #telehealth delivery. 😎
It’s an interesting case. #French speaking member calls in, but #UnitedHealthcare doesn’t provide them #translation services. #CMS downgrades their #Medicare Star Rating as a result of the one call, potentially leading to millions in lost revenue. #Healthcare is a trip sometimes. 🤷🏼♂️
UnitedHealth wins Medicare Star Ratings case (UNH:NYSE)
UnitedHealth (UNH) to get revised Star Ratings for 2025 as a judge sides with the company in a case against Medicare. Read more here.
seekingalpha.com
November 24, 2024 at 3:04 PM
It’s an interesting case. #French speaking member calls in, but #UnitedHealthcare doesn’t provide them #translation services. #CMS downgrades their #Medicare Star Rating as a result of the one call, potentially leading to millions in lost revenue. #Healthcare is a trip sometimes. 🤷🏼♂️
Anyone check out #QuickBooks new #IntuitAssist yet? I’ve seen demos for #SageIntacct ’s version of #AI powered “asssitant” but haven’t seen the #Intuit version yet. 👀
Tech news: Intuit announces Intuit Assist for QuickBooks
Plus, Deloitte releases four new accelerators on Workiva marketplace; KPMG invests $100 million in Google Cloud Alliance; and other accounting tech news.
www.accountingtoday.com
November 23, 2024 at 11:28 PM
Anyone check out #QuickBooks new #IntuitAssist yet? I’ve seen demos for #SageIntacct ’s version of #AI powered “asssitant” but haven’t seen the #Intuit version yet. 👀
Reposted by Chad Wolver
Everyone deserves quality health care no matter where they live – but that’s not the reality for a lot of small towns. Hospitals closing, doctors retiring w/o replacements and clinics that are few and far between.
Rural areas are resilient, but it shouldn’t be this hard.
Rural areas are resilient, but it shouldn’t be this hard.
November 21, 2024 at 4:02 PM
Everyone deserves quality health care no matter where they live – but that’s not the reality for a lot of small towns. Hospitals closing, doctors retiring w/o replacements and clinics that are few and far between.
Rural areas are resilient, but it shouldn’t be this hard.
Rural areas are resilient, but it shouldn’t be this hard.
This is an excellent summary of the intricacies the #healthcare industry faces in adopting #ArtificialIntelligence #technology. At the end of the day, #AI needs to improve quality of life while reducing harm. Easier said than done! 🕵️♀️
The #FDA Digital Health Advisory Committee met this week to tackle the evolving role of generative #AI in #healthcare, and the discussions couldn’t have been more timely or insightful. Read CTeL's summary and highlights:
www.ctel.org/breakingnews...
FDA Digital Health Advisory Committee Meeting: Key Takeaways on Generative AI in Healthcare — CTeL.org
The FDA Digital Health Advisory Committee convened on November 20-21, 2024, to address the evolving role of generative AI in healthcare. This pivotal meeting brought together experts to discuss the op...
www.ctel.org
November 23, 2024 at 5:37 PM
This is an excellent summary of the intricacies the #healthcare industry faces in adopting #ArtificialIntelligence #technology. At the end of the day, #AI needs to improve quality of life while reducing harm. Easier said than done! 🕵️♀️