REVENUE CYCLE SESSIONS
Monday, July 18: 9:45-10:45am
Panel: Integrating Physician Billing with Hospital Revenue Cycle
Moderator: Nick McLaughlin, Americollect.
Panelists: Nikki Harper, HSHS Medical Group; Jeese Sookochoff, Ministry Health Care and Dan Thill, UW Health
As more and more hospitals find themselves expanding into the realm of physician practices, join moderator Nick McLaughlin as he and his panel of revenue cycle experts discuss their experiences with physician billing practices and the varying degrees in which they’ve integrated it with hospital revenue cycles.
Panel: Integrating Physician Billing with Hospital Revenue Cycle
Moderator: Nick McLaughlin, Americollect.
Panelists: Nikki Harper, HSHS Medical Group; Jeese Sookochoff, Ministry Health Care and Dan Thill, UW Health
As more and more hospitals find themselves expanding into the realm of physician practices, join moderator Nick McLaughlin as he and his panel of revenue cycle experts discuss their experiences with physician billing practices and the varying degrees in which they’ve integrated it with hospital revenue cycles.
Monday, July 18: 11:00am-Noon
The Bundled Payment Imperative: Successfully Navigating Payment Transformation
Kimberly Hartsfield, ECG Management Consultants
An overview of the impacts on healthcare finance and revenue based on current realities and anticipated inevitabilities of payment transformation, specifically related to bundled payments. We will explore critical success factors for strategic, policy, timing, and business implications of reimbursement based on bundled payments for commercial, Medicare, Medicaid and employer sponsored programs. We will discuss how to position your organization now for success with bundled payments, and also look at the future of bundled payments as it moves into the outpatient arena and for the management of chronic conditions, including behavioral health.
Learning Objectives: After this session, participants will be able to: Provide a national perspective on the rapid expansion of bundled payment programs for: Medicare (Bundled Payments for Care Improvement Initiative), Medicaid, Commercial Payers, and Employers; Prepare facilities and physicians for the challenges and opportunities that accompany bundled payment implementations; Highlight critical success factors for participation in bundled payment initiatives; Describe how to use bundled payments to facilitate care redesign and physician engagement within an organization and align incentives appropriately; Educate on the challenges of gain/risk sharing.
The Bundled Payment Imperative: Successfully Navigating Payment Transformation
Kimberly Hartsfield, ECG Management Consultants
An overview of the impacts on healthcare finance and revenue based on current realities and anticipated inevitabilities of payment transformation, specifically related to bundled payments. We will explore critical success factors for strategic, policy, timing, and business implications of reimbursement based on bundled payments for commercial, Medicare, Medicaid and employer sponsored programs. We will discuss how to position your organization now for success with bundled payments, and also look at the future of bundled payments as it moves into the outpatient arena and for the management of chronic conditions, including behavioral health.
Learning Objectives: After this session, participants will be able to: Provide a national perspective on the rapid expansion of bundled payment programs for: Medicare (Bundled Payments for Care Improvement Initiative), Medicaid, Commercial Payers, and Employers; Prepare facilities and physicians for the challenges and opportunities that accompany bundled payment implementations; Highlight critical success factors for participation in bundled payment initiatives; Describe how to use bundled payments to facilitate care redesign and physician engagement within an organization and align incentives appropriately; Educate on the challenges of gain/risk sharing.
Monday, July 18: 1:30-2:30pm
H20 Talks:
Sustaining Revenue Cycle Excellence
Greg West, Healthcare Resources Group
In researching and interviewing over 50 hospital’s revenue cycle teams we have looked at the top performers who have sustained success for at least 5 years and looked for common traits in both the top performers and those achieving less. Presented will be the findings of the following items:
Consumer Financial Protection Bureau Update: Surprising Twists in Jurisdiction and Enforcement
Debra Ciskey, Wakefield & Associates
The Consumer Financial Protection Bureau was created to regulate the financial services industry--so why is it issuing enforcement actions against medical debt collectors and telecommunications firms? Learn how your billing and collection practices can make you a target of the most powerful federal regulatory body in existence today.
Navigating Price Transparency & Providing Patients With an Out of Pocket Estimate
Karen Balderson, Ministry Health Care
Healthcare costs have been at the forefront of the United States’ news, politics, and discussions with patients more and more in recent years. Uninsured, underinsured, or merely curious patients can now access estimated costs, by facility, to receive their care. This could be beneficial for a business, if the information is competitive and accurate. This information could also be detrimental, if the organization has decided not to keep up to date on price transparency in the consumer world.
This session will focus on the need for price transparency in today's health care environment. Attendees can expect valuable discussion on the current practices and tools available on providing patients with out of pocket price estimates and the many reasons implementing this process is important. The presentation will also include the pros and cons of price estimation practice for facilities, as seen in the “real life” examples provided.
H20 Talks:
Sustaining Revenue Cycle Excellence
Greg West, Healthcare Resources Group
In researching and interviewing over 50 hospital’s revenue cycle teams we have looked at the top performers who have sustained success for at least 5 years and looked for common traits in both the top performers and those achieving less. Presented will be the findings of the following items:
- Specific processes in each area of the revenue cycle
- Technology used in common
- Reporting and use of data
- Culture and employee engagement
- Leadership
Consumer Financial Protection Bureau Update: Surprising Twists in Jurisdiction and Enforcement
Debra Ciskey, Wakefield & Associates
The Consumer Financial Protection Bureau was created to regulate the financial services industry--so why is it issuing enforcement actions against medical debt collectors and telecommunications firms? Learn how your billing and collection practices can make you a target of the most powerful federal regulatory body in existence today.
Navigating Price Transparency & Providing Patients With an Out of Pocket Estimate
Karen Balderson, Ministry Health Care
Healthcare costs have been at the forefront of the United States’ news, politics, and discussions with patients more and more in recent years. Uninsured, underinsured, or merely curious patients can now access estimated costs, by facility, to receive their care. This could be beneficial for a business, if the information is competitive and accurate. This information could also be detrimental, if the organization has decided not to keep up to date on price transparency in the consumer world.
This session will focus on the need for price transparency in today's health care environment. Attendees can expect valuable discussion on the current practices and tools available on providing patients with out of pocket price estimates and the many reasons implementing this process is important. The presentation will also include the pros and cons of price estimation practice for facilities, as seen in the “real life” examples provided.
Tuesday, July 19: 9:45-10:45am
From the Accidental Profession to a Career of Choice: Transforming Revenue Cycle Through Postsecondary Education
Nicole Fountain, OSF Saint Anthony Medical Center
With Revenue Cycle functions receiving greater attention than ever and margins getting smaller, providers can little afford to think of Revenue Cycle positions as entry level jobs. Engaged, informed, and empowered employees are happier and produce better results. Hear how one organization has begun to transform their culture from revenue cycle as a job to revenue cycle as a career by investing in the professional development of revenue cycle employees through internal initiatives as well as a community partnership with a local college.
From the Accidental Profession to a Career of Choice: Transforming Revenue Cycle Through Postsecondary Education
Nicole Fountain, OSF Saint Anthony Medical Center
With Revenue Cycle functions receiving greater attention than ever and margins getting smaller, providers can little afford to think of Revenue Cycle positions as entry level jobs. Engaged, informed, and empowered employees are happier and produce better results. Hear how one organization has begun to transform their culture from revenue cycle as a job to revenue cycle as a career by investing in the professional development of revenue cycle employees through internal initiatives as well as a community partnership with a local college.