Networking
Breakfast
General Session
Longstanding industry challenges are being catalyzed by growing consumer discontent; the resulting volatile mix has once again driven healthcare to the top of the national political agenda in this election year. But solutions will not be found exclusively in the political, legislative or regulatory domains. The healthcare industry needs good leadership, above all else, to chart the right course forward. Healthcare finance leaders can—and must—be an important part of the solution to our industry’s challenges.
Learning Objectives:
Break
Breakout Session
Full Title: Demystify Healthcare Analytics: How Low-Cost Automation Can Improve Care and Reduce Costs
The most valuable, largely untapped asset in any healthcare organization is the data contained within their own EMR. How do we take this data and turn it into information with which to drive proactive clinical decisions? Increase patient engagement, drive quality improvements, close care gaps, and provide first-class patient care.
*Discussion of the current state and federal issues pending and emerging
*Discussion of the current politics of the election in 2020 and its potential impact on the health care marketplace
Technology is infused into every aspect of our lives- our personal life, our community life and out work life. The world of healthcare finance is no exception-from the top of the organization at the strategic CFO level down to the workforce- a new set of skills and capabilities are demanded. Do you have your game plan on how to thrive in both the legacy and emerging business models effectively? This session will review the trends, how fast they will be adopted and what you can do to be prepared.
Lunch
To produce accurate and comprehensive cost data, organizations have historically depended on manual data processes. Today, organizations like Cleveland Clinic are using machine learning and financial analytics tools for better decision-making. Learn how Cleveland Clinic’s established their Enterprise Analytics team, and discover the key success factors for accurate, meaningful data.
This presentation will highlight the work of the Ohio Attorney General’s Medicaid Fraud Control Unit in combating provider fraud. The presentation will offer a historical perspective on Medicaid as well as key state and federal program integrity initiatives, including the establishment of a nationwide network of Medicaid Fraud Control Units. The presentation will identify common and statutory definitions of “fraud” and “Medicaid fraud,” and explore the varied schemes by which providers defraud the program. And finally, the presentation will outline select investigative techniques and emerging trends in health care fraud.
Cost Accounting is an accepted method in the healthcare industry for economically and accurately tracing the consumption of a health system’s resource expenses (e.g., labor, supplies) to treatments, procedures, and patients. However, the proliferation of pretty reports and dashboards are mere stepping stones, not the final destination, on the road toward actual change.
This presentation is geared to show how cost accounting and service line profitability reporting can be applied to take action and make positive change in our communities and our health system as a whole. We will discuss what other health systems have done to successfully implement their cost containment initiatives and how you can apply these concepts at your health system.
Healthcare financial and clinical leaders, as well as financial operations analysts would benefit from this course, which is designed to showcase advanced cost accounting methods in a way that leads to actual change.
There is a reason why you think, act, and make decisions at work. Do you know what that is? Can you use it to improve results? To motivate employees? This interactive, insightful, and entertaining presentation will show you what that reason is and how leaders use it to their advantage!
Reception
The time has come to capitalize on the value that data assets can bring to analytics in healthcare to improve performance reporting and support strategic decision making. We will discuss the implementation of a predictive model to better estimate expected payments at the encounter level and improve Service Line analytics.
Presenter describes their methodology for targeting and tracking annual net revenue improvements. Will discuss specifics tactics used to decrease denial leakage, decrease expenses and improve non-revenue cycle staff involvement.
Are you looking for a better way to improve your close? Are you concerned that current processes often result in surprises and issues that seem to recur? Are you missing opportunities to improve because you are too busy closing the way you always did? While recognized as a crucial process, and the subject of increasing regulatory scrutiny, the close process has been remarkably resistant to the type of re-engineering eff orts that have improved performance and productivity in other areas. Period-end accounting close and financial reporting requires collaboration to analyze data, make adjustments, review changes and create reports. Even with a strong ERP and reporting software in place, most companies use multiple checklists and spreadsheets to help manage the most manual portions of this monthly process.
Many significnat red flags for ethics risk are 'hiding in plain sight'. This prograsm will help you see them better so that your can prevent and reduce more of the preventable and reduceable ethical problems on the job. The tome will be conversational and the ideas immediately applicable.
This program will provide an overview of current and future use of technology in the clinical care setting, and its impact on patient care and health care delivery in the future.