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:

• Identify key strategic issues in healthcare finance
• Discuss implications of current trends for best leadership practices
• Describe why a consumer-centered approach to the business of healthcare is a success imperative

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.

Learning Objectives:

• Learn how to find success in any value-based payer arrangement or Chronic Care Management program.
• Develop advanced analytics to capitalize on what you already know about your patients and your payers.
• Utilize real-time patient screening analytics to ensure the right care for the right patient at the right time.

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.

Learning Objectives:

• Identify the key areas within healthcare finance that will transform due to technology innovations.
• Outline the needed new capabilities this transformation will require.
• Determine new skills to be developed for success and how you can assess you own skills and set a path for development.

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.

Learning Objectives:

• Identify the key success factors for creating accurate, meaningful data within your own organization
• Assess the power of machine learning and financial analytics tools, both current and future state, in impacting decision-making and data use
• Discuss Cleveland Clinic's process to establish their Enterprise analytics team and governance, to better understand how your organization could begin a similar journey

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.

Learning Objectives:

• Review of the Basics of Healthcare Cost Accounting
• Gain best practices in cost accounting that span across countries and across industries
• Understand the importance of Service Line Profitability Analysis by way of examples of practical application.

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!

Learning Objectives:

• Determine your individual "default" setting for what motivates you.
• Reveal how to use your perspective to make better decisions, communicate clearly, and motivate others.
• Develop a personal method to enhance interactions with any individual.

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.

Learning Objectives:

• Understand the importance of moving beyond descriptive analytics to predictive analytics as part of becoming a data driven organization.
• Become familiar with the process of creating a predictive model.
• Learn about other ways predictive models are improving financial management.

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.

Learning Objectives:

• Understand the key elements of a LEAN close optimization approach
• Learn how to create an effective strategy and process improvement plan while lowering overall project risk
• Evaluate different ways to reduce close, SOX and audit efforts, as well as costs

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.

Learning Objectives:

• Understand the current regulation over telemedicine use in Ohio
• Review current uses of telemedicine technology in Ohio
• Describe potential future uses of technology in health care delivery in Ohio