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  • Certified Specialist Business Intelligence (CSBI)
    the various kinds of leadership styles and power bases Course information Pricing 400 HFMA members non members Instructional method Self study Prerequisites None Level Intermediate Advance preparation None Recommended Experience At least 2 years of experience in health care at a manager level or above Format Online Approximate Time to Complete 10 hours Read additional information about CPEs for CPA licenses and education credits for HFMA certification maintenance BACK TO PAGINATION Healthcare organizational data has a wide range of uses Healthcare business intelligence can provide organizations with the ability to use their data to Improve quality of care Increase financial efficiency Strengthen operational effectiveness Conduct innovative research Establish strategic directions and monitor progress towards goals Identify and manage risk Useful business intelligence requires people with the capabilities to inspect clean transform and model data with the goals of highlighting useful information suggesting conclusions and supporting decision making This course presents methods for looking at the right data and using tools to ensure that useful information is illuminated and used to enable powerful actions and decisions in healthcare organizations Objectives Recognize the phenomenon called Big Data Identify the concepts and tools of business intelligence Recognize how information for better decisions is derived from large clinical financial and other databases Recognize the component cost service finance dynamic in the healthcare industry Identify the key point of leverage for analytics in the healthcare industry Recognize the decision types and analytic tools that are part of decision management Identify how data warehousing reporting and analysis tools and data systems architecture are used Apply the basics of analytical and quantitative skills of BI in healthcare Understand and perform sampling Recognize the role of business intelligence in stimulating action in the changing healthcare industry Recognize how emotional intelligence leadership skills and power can create a strong leverage for influence Identify the various kinds of leadership styles and power bases Course information Pricing 400 HFMA members non members Instructional method Self study Prerequisites None Level Intermediate Advance preparation None Recommended Experience At least 2 years of experience in health care at a manager level or above Format Online Approximate Time to Complete 10 hours Read additional information about CPEs for CPA licenses and education credits for HFMA certification maintenance Please login to add your comments Advertisements HFMA Business Profiles McKesson Leveraging Predictive Analytics to Rein in Operating Costs A leader from McKesson discusses how healthcare reform is forcing hospitals and health systems to take a different approach to capacity management and patient flow HFMA RESOURCE LIBRARY 6 Patient Revenue Cycle Metrics You Should Be Tracking and How to Improve Your Results Patient financial engagement is more challenging than ever and more critical With patient responsibility as a percentage of revenue on the rise providers have seen their billing related costs and accounts receivable levels increase If increasing collection yield and reducing costs are a priority for your organization the metrics outlined in this presentation will provide the framework you need to understand what s working and what s not in order to guide your overall patient financial engagement initiatives and optimize results HFMA Business Profiles Accretive Health Partners with Providers to Excel in a Rapidly Transforming Revenue Cycle Environment Emad Rizk MD president and CEO of Accretive Health discusses the uncertainty facing hospitals and the transitions affecting revenue cycle management HFMA RESOURCE LIBRARY 10 Ways to Reduce Patient Statement Volume and Reduce Costs No two patients are the same Each has a very personal healthcare experience and each has distinct financial needs and preferences that have an impact on how when and if they chose to pay their healthcare bill It s no longer effective to apply static billing techniques to solve the complex challenge of collecting balances from patients The need to tailor financial conversations and payment options to individual needs and preferences is critical This presentation provides 10 recommendations that will not only help you improve payment performance through a more tailored approach but take control of rising collection costs HFMA Business Profiles Conifer Health Solutions Helping Providers and Employers Build a Foundation for Better Health Jim Bohnsack vice president solution corporate development for Conifer Health Solutions explains how the company helps healthcare providers leverage data to deliver better outcomes while optimizing reimbursement for all payment arrangements HFMA RESOURCE LIBRARY Reduce Patient Balances Sent to Collection Agencies Approaching New Problems with New Approaches This white paper written by Apex Vice President of Solutions and Services Carrie Romandine discusses the importance of patient segmentation and messaging specifically related to the patient revenue cycle Applying strategic messaging that is tailored to each patient type will not only better educate consumers on payment options specific to their billing needs but it will maximize the amount collected before sending to collections Further targeted messaging should be applied across all points of patient interaction i e point of service customer service patient statements and analyzed regularly for maximized results HFMA Business Profiles Ontario Systems Optimizing Accounts Receivable in a Rapidly Changing Environment Steve Scibetta senior director of channel sales for Ontario Systems healthcare product line shares insights into effectively managing receivables HFMA RESOURCE LIBRARY The Future of Online Patient Billing Portals This white paper written by Apex President Patrick Maurer discusses methods to increase patient adoption of online payments Providers are now seeking ways to incrementally collect more payments due from patients as well as speeding up the rate of collections This white paper shows why patient centric approaches to online payment portals are important complements to traditional provider centric approaches HFMA Business Profiles Optum Enabling Transformative Change Elena White vice president of risk quality and network solutions for Optum discusses how healthcare providers can leverage data and technology as they enable risk in their organization HFMA RESOURCE LIBRARY Payment Portals Can Improve Self Pay Collections and Support Meaningful Use Increased electronic engagement between healthcare providers and patients provides significant opportunities for improving revenue cycle metrics and encouraging patients to access EHRs This article written by Apex Founder and CEO

    Original URL path: https://www.hfma.org/Content.aspx?id=20934 (2016-02-10)
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  • Certified Specialist Physician Practice Management (CSPPM)
    appropriate for those individuals with a minimum of two years of experience Course Information Pricing 400 HFMA members non members Instructional Method Self study Prerequisites None Level Intermediate Advance Preparation None Recommended Experience At least two years in health care at a manager level or above Format Online Approximate Time to Complete 10 hours Read additional information about CPEs for CPA licenses and education credits for HFMA certification maintenance BACK TO PAGINATION This course discusses the full range of topics and techniques that are central to the effective management of physician practices The course provides an overview of the revenue cycle with emphasis on the accounts receivable and collection phases Managed care payment issues bad debts and charity accounts and use of collection agencies are among the topics covered Coding and payment systems which establish the potential revenue of the physician practice also are explained Other topics include fee schedules and relative value systems as well as compliance and rules for teaching physicians Information systems are a significant investment and this course describes the process of implementing an information system from the RFP stage to the integration of financial and clinical information Budget preparation techniques are presented along with methods of assessing financial performance projecting revenue and evaluating capital projects The course describes the value of cost accounting and how it is performed In addition the course explains methods for evaluating and negotiating payer contracts Objectives Identify the key contributory elements of evaluation and management services Recognize the Resource Based Relative Value System RBRVS and its components Identify the elements of managing third party receivables and self pay receivables Name techniques commonly used to measure accounts receivable Recognize the difference between bad debt and charity accounts Identify activities for evaluating and acquiring a medical group information system Identify three types of data used to estimate demand for a medical group s practice Define components of a comprehensive budget Define ratios valuable in monitoring financial performance of a practice Define cost accounting Recognize how break even analysis can be of use to the medical group Identify processes for evaluating a contract Recognize Stark legislation and the laws it has developed for regulation of the medical group Identify elements of strategic planning and the role of marketing Audience The intended audience for this course includes but may not be limited to accountants financial analysts and chief financial officers Key areas of responsibility are medical practice operations financial management payer relations and staff management in a medium to large medical group practice setting This setting may be either an independent group practice or an integrated health care delivery system The course is most appropriate for those individuals with a minimum of two years of experience Course Information Pricing 400 HFMA members non members Instructional Method Self study Prerequisites None Level Intermediate Advance Preparation None Recommended Experience At least two years in health care at a manager level or above Format Online Approximate Time to Complete 10 hours Read additional information about CPEs for CPA licenses and education credits for HFMA certification maintenance Please login to add your comments Advertisements HFMA Business Profiles McKesson Leveraging Predictive Analytics to Rein in Operating Costs A leader from McKesson discusses how healthcare reform is forcing hospitals and health systems to take a different approach to capacity management and patient flow HFMA RESOURCE LIBRARY 6 Patient Revenue Cycle Metrics You Should Be Tracking and How to Improve Your Results Patient financial engagement is more challenging than ever and more critical With patient responsibility as a percentage of revenue on the rise providers have seen their billing related costs and accounts receivable levels increase If increasing collection yield and reducing costs are a priority for your organization the metrics outlined in this presentation will provide the framework you need to understand what s working and what s not in order to guide your overall patient financial engagement initiatives and optimize results HFMA Business Profiles Accretive Health Partners with Providers to Excel in a Rapidly Transforming Revenue Cycle Environment Emad Rizk MD president and CEO of Accretive Health discusses the uncertainty facing hospitals and the transitions affecting revenue cycle management HFMA RESOURCE LIBRARY 10 Ways to Reduce Patient Statement Volume and Reduce Costs No two patients are the same Each has a very personal healthcare experience and each has distinct financial needs and preferences that have an impact on how when and if they chose to pay their healthcare bill It s no longer effective to apply static billing techniques to solve the complex challenge of collecting balances from patients The need to tailor financial conversations and payment options to individual needs and preferences is critical This presentation provides 10 recommendations that will not only help you improve payment performance through a more tailored approach but take control of rising collection costs HFMA Business Profiles Conifer Health Solutions Helping Providers and Employers Build a Foundation for Better Health Jim Bohnsack vice president solution corporate development for Conifer Health Solutions explains how the company helps healthcare providers leverage data to deliver better outcomes while optimizing reimbursement for all payment arrangements HFMA RESOURCE LIBRARY Reduce Patient Balances Sent to Collection Agencies Approaching New Problems with New Approaches This white paper written by Apex Vice President of Solutions and Services Carrie Romandine discusses the importance of patient segmentation and messaging specifically related to the patient revenue cycle Applying strategic messaging that is tailored to each patient type will not only better educate consumers on payment options specific to their billing needs but it will maximize the amount collected before sending to collections Further targeted messaging should be applied across all points of patient interaction i e point of service customer service patient statements and analyzed regularly for maximized results HFMA Business Profiles Ontario Systems Optimizing Accounts Receivable in a Rapidly Changing Environment Steve Scibetta senior director of channel sales for Ontario Systems healthcare product line shares insights into effectively managing receivables HFMA RESOURCE LIBRARY The Future of Online Patient Billing Portals This white

    Original URL path: https://www.hfma.org/Content.aspx?id=18736 (2016-02-10)
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  • Certified Specialist Managed Care (CSMC)
    Pricing 400 HFMA members non members Level Intermediate Prerequisites None Experience Two or more years in the healthcare industry is recommended Advance Preparation None Course Availability One year from start date Designed For Managed care professionals and other healthcare management leaders Instructional Method Self study Format Online Approximate Time to Complete 12 hours Read additional information about CPEs for CPA licenses and education credits for HFMA certification maintenance BACK TO PAGINATION This course describes the nuts and bolts of managed care and thoroughly covers the issues surrounding healthcare reform Selected modules from this course are valuable for management and clinicians throughout a hospital or health system This certification program covers Various managed care models HMO PPO POS Carve outs inpatient stop loss short stay stop loss and withhold pools Payment models proposed under healthcare reform and their differences Physicians role in addressing utilization and quality of care Key negotiation strategies How payers evaluate their risks Changes to HIPAA privacy laws included in ARRA Principles behind outcomes based reimbursement and incentives related to pay for performance programs Relevant legislative changes affecting Medicare managed care Objectives Identify key factors that influenced the development of managed care Identify the various managed care models Describe the insurer medical cost ratio MCR or medical loss ratio MLR List cost sharing mechanisms used in managed care and identify some of their important features Explain coordination of benefits managed Medicare organizations and TRICARE Explain the basic reimbursement methodologies used for physicians List some popular capitation based cost control incentives Describe a typical contract negotiation process Identify the trends and direction of case management in today s healthcare delivery system Identify the clinical integration components of case management List the two main issues to consider when discussing the safe use of EHRs Discuss the potential results of EHRs emphasis in providing one standardized clinical data structure and presentation Explain the purpose of NCQA Describe major discussion points in the national healthcare debate Explain the effects of increased consumer awareness Describe the principles behind outcomes based reimbursement and incentives related to pay for performance programs Course Information Pricing 400 HFMA members non members Level Intermediate Prerequisites None Experience Two or more years in the healthcare industry is recommended Advance Preparation None Course Availability One year from start date Designed For Managed care professionals and other healthcare management leaders Instructional Method Self study Format Online Approximate Time to Complete 12 hours Read additional information about CPEs for CPA licenses and education credits for HFMA certification maintenance Please login to add your comments Advertisements HFMA Business Profiles McKesson Leveraging Predictive Analytics to Rein in Operating Costs A leader from McKesson discusses how healthcare reform is forcing hospitals and health systems to take a different approach to capacity management and patient flow HFMA RESOURCE LIBRARY 6 Patient Revenue Cycle Metrics You Should Be Tracking and How to Improve Your Results Patient financial engagement is more challenging than ever and more critical With patient responsibility as a percentage of revenue on the rise providers have seen their billing related costs and accounts receivable levels increase If increasing collection yield and reducing costs are a priority for your organization the metrics outlined in this presentation will provide the framework you need to understand what s working and what s not in order to guide your overall patient financial engagement initiatives and optimize results HFMA Business Profiles Accretive Health Partners with Providers to Excel in a Rapidly Transforming Revenue Cycle Environment Emad Rizk MD president and CEO of Accretive Health discusses the uncertainty facing hospitals and the transitions affecting revenue cycle management HFMA RESOURCE LIBRARY 10 Ways to Reduce Patient Statement Volume and Reduce Costs No two patients are the same Each has a very personal healthcare experience and each has distinct financial needs and preferences that have an impact on how when and if they chose to pay their healthcare bill It s no longer effective to apply static billing techniques to solve the complex challenge of collecting balances from patients The need to tailor financial conversations and payment options to individual needs and preferences is critical This presentation provides 10 recommendations that will not only help you improve payment performance through a more tailored approach but take control of rising collection costs HFMA Business Profiles Conifer Health Solutions Helping Providers and Employers Build a Foundation for Better Health Jim Bohnsack vice president solution corporate development for Conifer Health Solutions explains how the company helps healthcare providers leverage data to deliver better outcomes while optimizing reimbursement for all payment arrangements HFMA RESOURCE LIBRARY Reduce Patient Balances Sent to Collection Agencies Approaching New Problems with New Approaches This white paper written by Apex Vice President of Solutions and Services Carrie Romandine discusses the importance of patient segmentation and messaging specifically related to the patient revenue cycle Applying strategic messaging that is tailored to each patient type will not only better educate consumers on payment options specific to their billing needs but it will maximize the amount collected before sending to collections Further targeted messaging should be applied across all points of patient interaction i e point of service customer service patient statements and analyzed regularly for maximized results HFMA Business Profiles Ontario Systems Optimizing Accounts Receivable in a Rapidly Changing Environment Steve Scibetta senior director of channel sales for Ontario Systems healthcare product line shares insights into effectively managing receivables HFMA RESOURCE LIBRARY The Future of Online Patient Billing Portals This white paper written by Apex President Patrick Maurer discusses methods to increase patient adoption of online payments Providers are now seeking ways to incrementally collect more payments due from patients as well as speeding up the rate of collections This white paper shows why patient centric approaches to online payment portals are important complements to traditional provider centric approaches HFMA Business Profiles Optum Enabling Transformative Change Elena White vice president of risk quality and network solutions for Optum discusses how healthcare providers can leverage data and technology as they enable risk in their organization

    Original URL path: https://www.hfma.org/Content.aspx?id=16810 (2016-02-10)
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  • Certified Specialist Accounting & Finance (CSAF)
    you are not satisfied we will gladly refund your money or provide you with a credit certificate toward any future HFMA National educational programs or select products Contact HFMA directly at 3 Westbrook Corporate Center Suite 600 Westchester IL 60154 Attn Professional Development or call 800 252 4362 ext 2 or email memberservices hfma org Please provide HFMA with your comments within two weeks of beginning the program BACK TO PAGINATION The critical role of accounting and finance requires technical competencies used in decision support for all areas of healthcare management The course provides an overview of healthcare accounting and finance to strengthen these competencies and address financial reports and statements unique to healthcare In addition the program provides a practical overview of risk sharing arrangements managed care contracts and profitability ratios Program Objectives After completing the Certified Specialist CS Accounting Finance program you will be able to Compare various types of budgets Identify types of cost behaviors Recognize the types of risk sharing arrangements in managed care contracts Identify capital investment evaluation techniques This certification program consists of 12 courses There is 1 final assessment that covers content from all 12 courses Course Information Pricing 400 HFMA members non members Instructional Method Self study Designed For Accounting professionals in healthcare finance management and those who have an accounting background but are new to the specific issues and regulations that are part of healthcare financial reports and statements Prerequisites Two or more years in health care is recommended general knowledge and familiarity with cost accounting principles budgeting concepts cash management financial reports and internal control concepts Fields of Study Accounting 3 5 hours Finance 9 0 hours 12 5 hours total Level Intermediate Advance Preparation None Course Availability One year from start date Format Online Approximate Time to Complete 12 5 hours Read additional information about CPEs for CPA licenses and education credits for HFMA certification maintenance Our ironclad guarantee HFMA stands behind the quality of our programming If you are not satisfied we will gladly refund your money or provide you with a credit certificate toward any future HFMA National educational programs or select products Contact HFMA directly at 3 Westbrook Corporate Center Suite 600 Westchester IL 60154 Attn Professional Development or call 800 252 4362 ext 2 or email memberservices hfma org Please provide HFMA with your comments within two weeks of beginning the program Please login to add your comments Advertisements HFMA Business Profiles McKesson Leveraging Predictive Analytics to Rein in Operating Costs A leader from McKesson discusses how healthcare reform is forcing hospitals and health systems to take a different approach to capacity management and patient flow HFMA RESOURCE LIBRARY 6 Patient Revenue Cycle Metrics You Should Be Tracking and How to Improve Your Results Patient financial engagement is more challenging than ever and more critical With patient responsibility as a percentage of revenue on the rise providers have seen their billing related costs and accounts receivable levels increase If increasing collection yield and reducing costs are a priority for your organization the metrics outlined in this presentation will provide the framework you need to understand what s working and what s not in order to guide your overall patient financial engagement initiatives and optimize results HFMA Business Profiles Accretive Health Partners with Providers to Excel in a Rapidly Transforming Revenue Cycle Environment Emad Rizk MD president and CEO of Accretive Health discusses the uncertainty facing hospitals and the transitions affecting revenue cycle management HFMA RESOURCE LIBRARY 10 Ways to Reduce Patient Statement Volume and Reduce Costs No two patients are the same Each has a very personal healthcare experience and each has distinct financial needs and preferences that have an impact on how when and if they chose to pay their healthcare bill It s no longer effective to apply static billing techniques to solve the complex challenge of collecting balances from patients The need to tailor financial conversations and payment options to individual needs and preferences is critical This presentation provides 10 recommendations that will not only help you improve payment performance through a more tailored approach but take control of rising collection costs HFMA Business Profiles Conifer Health Solutions Helping Providers and Employers Build a Foundation for Better Health Jim Bohnsack vice president solution corporate development for Conifer Health Solutions explains how the company helps healthcare providers leverage data to deliver better outcomes while optimizing reimbursement for all payment arrangements HFMA RESOURCE LIBRARY Reduce Patient Balances Sent to Collection Agencies Approaching New Problems with New Approaches This white paper written by Apex Vice President of Solutions and Services Carrie Romandine discusses the importance of patient segmentation and messaging specifically related to the patient revenue cycle Applying strategic messaging that is tailored to each patient type will not only better educate consumers on payment options specific to their billing needs but it will maximize the amount collected before sending to collections Further targeted messaging should be applied across all points of patient interaction i e point of service customer service patient statements and analyzed regularly for maximized results HFMA Business Profiles Ontario Systems Optimizing Accounts Receivable in a Rapidly Changing Environment Steve Scibetta senior director of channel sales for Ontario Systems healthcare product line shares insights into effectively managing receivables HFMA RESOURCE LIBRARY The Future of Online Patient Billing Portals This white paper written by Apex President Patrick Maurer discusses methods to increase patient adoption of online payments Providers are now seeking ways to incrementally collect more payments due from patients as well as speeding up the rate of collections This white paper shows why patient centric approaches to online payment portals are important complements to traditional provider centric approaches HFMA Business Profiles Optum Enabling Transformative Change Elena White vice president of risk quality and network solutions for Optum discusses how healthcare providers can leverage data and technology as they enable risk in their organization HFMA RESOURCE LIBRARY Payment Portals Can Improve Self Pay Collections and Support Meaningful Use Increased electronic engagement between healthcare

    Original URL path: https://www.hfma.org/Content.aspx?id=16830 (2016-02-10)
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  • National Payment Innovation Summit Home
    a great Tuesday Via bit ly free tweet vi RT healthqx CEO Mark McAdoo will share bundledpayment insights on NPIS panel hfmaorg bit ly 1POoXJM https t co FrzXKbbORz Early Bird Discount Ends Soon for the HFMA Texas State Conference in Dallas 3 13 3 15 Register TODAY ow ly Y7QB7 stxhfma hfma Event Co Sponsors Attendee Information Payment Summit Attendees Download the new HFMA Education app to access session

    Original URL path: https://www.hfma.org/npis/ (2016-02-10)
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  • Leadership | HFMA
    to the patient revenue cycle Applying strategic messaging that is tailored to each patient type will not only better educate consumers on payment options specific to their billing needs but it will maximize the amount collected before sending to collections Further targeted messaging should be applied across all points of patient interaction i e point of service customer service patient statements and analyzed regularly for maximized results HFMA Business Profiles Ontario Systems Optimizing Accounts Receivable in a Rapidly Changing Environment Steve Scibetta senior director of channel sales for Ontario Systems healthcare product line shares insights into effectively managing receivables HFMA RESOURCE LIBRARY The Future of Online Patient Billing Portals This white paper written by Apex President Patrick Maurer discusses methods to increase patient adoption of online payments Providers are now seeking ways to incrementally collect more payments due from patients as well as speeding up the rate of collections This white paper shows why patient centric approaches to online payment portals are important complements to traditional provider centric approaches HFMA Business Profiles Optum Enabling Transformative Change Elena White vice president of risk quality and network solutions for Optum discusses how healthcare providers can leverage data and technology as they enable risk in their organization HFMA RESOURCE LIBRARY Payment Portals Can Improve Self Pay Collections and Support Meaningful Use Increased electronic engagement between healthcare providers and patients provides significant opportunities for improving revenue cycle metrics and encouraging patients to access EHRs This article written by Apex Founder and CEO Brian Kueppers explores a number of strategies to create synergy between patient billing online payment portals and electronic health record EHR software to realize a high ROI in speed to payment patient satisfaction and portal adoption for meaningful use HFMA Business Profiles Somnia Bending the Healthcare Cost Curve Toward Improved Anesthesia Value Somnia President and CEO Marc Koch MD MBA explains how hospitals can drive transformative change in the perioperative experience for outstanding clinical and financial outcomes HFMA RESOURCE LIBRARY Large Health System Drives 10 UP Patient Payments and 10 DOWN Billing related Costs Faced with a rising tide of bad debt a large Southeastern healthcare system was seeing a sharp decline in net patient revenues The need to improve collections was dire By integrating critical tools and processes the health system was able to increase online payments and improve its financial position Taking a holistic approach increased overall collection yield by 10 while costs came down because the number of statements sent to patients fell by 10 which equated to a 1 3M annualized improvement in patient cash over a six month period This case study explains how HFMA Business Profiles PMMC Navigating Revenue Cycle Management Challenges as Value Based Purchasing Emerges PMMC President Roger L Shaul discusses the effects of healthcare reform on revenue cycle management and how PMMC s products help clients adapt to a changing financial environment HFMA RESOURCE LIBRARY ICD 10 Managing Performance With the ICD10 deadline quickly approaching and daily responsibilities not slowing down final preparations

    Original URL path: https://www.hfma.org/Leadership/ (2016-02-10)
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  • eNewsletter
    Work life balance is different for everyone and can sometimes be hard to achieve Finding balance is a personal choice and what works for you may not work for others Keep experimenting until you find the right balance that works for you Book Review Author and Coach Jen Sincero Teaches You How to Embrace Your Inner Badass Author speaker and world traveling success coach Jen Sincero translates centuries of wisdom into belly up to the bar best girlfriend advice in her New York Times best seller You are a Badass How to Stop Doubting Your Greatness and Start Living an Awesome Life Ask the Experts Submit Your Most Pressing Career Questions and Receive Expert Advice Whether you re looking for advice on work life balance how to find a mentor or you want to explore strategies for climbing the ladder at your company HFMA HERe wants to hear from you Submit your completely anonymous questions and get answers from experts who will provide valuable insight from their experience in the field Watch for answers to submitted questions in upcoming issues of HERe Email your questions to ltowers hfma org LinkedIn Group Get Thought Provoking and Inspirational Posts Daily From HERe

    Original URL path: https://www.hfma.org/here/enewsletter/ (2016-02-10)
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  • Healthcare Finance Strategies
    collection yield and reducing costs are a priority for your organization the metrics outlined in this presentation will provide the framework you need to understand what s working and what s not in order to guide your overall patient financial engagement initiatives and optimize results HFMA Business Profiles Accretive Health Partners with Providers to Excel in a Rapidly Transforming Revenue Cycle Environment Emad Rizk MD president and CEO of Accretive Health discusses the uncertainty facing hospitals and the transitions affecting revenue cycle management HFMA RESOURCE LIBRARY 10 Ways to Reduce Patient Statement Volume and Reduce Costs No two patients are the same Each has a very personal healthcare experience and each has distinct financial needs and preferences that have an impact on how when and if they chose to pay their healthcare bill It s no longer effective to apply static billing techniques to solve the complex challenge of collecting balances from patients The need to tailor financial conversations and payment options to individual needs and preferences is critical This presentation provides 10 recommendations that will not only help you improve payment performance through a more tailored approach but take control of rising collection costs HFMA Business Profiles Conifer Health Solutions Helping Providers and Employers Build a Foundation for Better Health Jim Bohnsack vice president solution corporate development for Conifer Health Solutions explains how the company helps healthcare providers leverage data to deliver better outcomes while optimizing reimbursement for all payment arrangements HFMA RESOURCE LIBRARY Reduce Patient Balances Sent to Collection Agencies Approaching New Problems with New Approaches This white paper written by Apex Vice President of Solutions and Services Carrie Romandine discusses the importance of patient segmentation and messaging specifically related to the patient revenue cycle Applying strategic messaging that is tailored to each patient type will not only better educate consumers on payment options specific to their billing needs but it will maximize the amount collected before sending to collections Further targeted messaging should be applied across all points of patient interaction i e point of service customer service patient statements and analyzed regularly for maximized results HFMA Business Profiles Ontario Systems Optimizing Accounts Receivable in a Rapidly Changing Environment Steve Scibetta senior director of channel sales for Ontario Systems healthcare product line shares insights into effectively managing receivables HFMA RESOURCE LIBRARY The Future of Online Patient Billing Portals This white paper written by Apex President Patrick Maurer discusses methods to increase patient adoption of online payments Providers are now seeking ways to incrementally collect more payments due from patients as well as speeding up the rate of collections This white paper shows why patient centric approaches to online payment portals are important complements to traditional provider centric approaches HFMA Business Profiles Optum Enabling Transformative Change Elena White vice president of risk quality and network solutions for Optum discusses how healthcare providers can leverage data and technology as they enable risk in their organization HFMA RESOURCE LIBRARY Payment Portals Can Improve Self Pay Collections and Support Meaningful Use

    Original URL path: https://www.hfma.org/Content.aspx?id=1728 (2016-02-10)
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