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On February 10-12, Physicians, Payers, and Providers will discover strategies for implementing value-based payment arrangements with both private and public sector payers.
Stay up-to-date in a rapidly changing industry in New Orleans (Mar. 7-9) or Chicago/Rosemont (Apr. 20-22). Register early and save.
Focus on the essentials. Develop strategies that deliver results. Redefine the boundaries of your success. Find out what’s driving innovation at ANI. Register by 2/29, save $150.
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MAP App is a web-based application that helps organizations improve revenue cycle performance based on industry-standard metrics called MAP Keys.
Find suppliers and products in this comprehensive vendor directory for healthcare finance professionals.
Guidance for understanding and communicating about the price of health care.
Transformation toward value-based healthcare is reshaping the delivery of care, patient expectations, and payment structures.
Improve your revenue cycle performance through standard metrics, peer comparison, and successful practices.
Sponsorship opportunities help you make an impact on the industry by forming meaningful, long-lasting relationships with healthcare financial leaders.
HFMA has developed four annual sponsorship program packages: Diamond, Platinum, Gold, and Silver. Designation in one of these categories depends on the level of financial contribution and activity of the sponsoring organization.
HFMA also offers many standard sponsorship offerings ranging from social activities to educational events and research. For inquiries concerning annual and other sponsorship opportunities, please contact Bill Casey or call (708) 492-3392.
Change Healthcare has the depth of experience to navigate the changing healthcare landscape side by side with our clients. Armed with the right information, the right expertise and the right systems, our clients are able to see great opportunity in change and experience an extraordinary partnership in action.
GE Healthcare provides transformational medical technologies and services to meet the demand for increased access, enhanced quality, and more affordable health care around the world. GE works on things that matter—great people and technologies taking on tough challenges. From medical imaging, software and IT, patient monitoring and diagnostics, to drug discovery, biopharmaceutical manufacturing technologies, and performance improvement solutions, GE Healthcare helps medical professionals deliver great health care to their patients.
McKesson is a healthcare services and information technology company dedicated to helping its customers deliver care in the safest, most cost-effective manner possible. McKesson’s consumer-driven revenue cycle solutions increase pre-service collections, improve financial performance, and measure and monitor your key performance indicators using actionable data. These financial clearance and financial settlement solutions also optimize payer reimbursement, lower the cost of collections, and increase patient satisfaction.
Optum360TMhelps clients improve performance across the entire revenue cycle from patient access, to clinical documentation and coding, to reimbursement. We bring together world-class RCM technology and services, operational expertise and gold standard processes, and combine them with unmatched clinical resources and more than 25 years of experience. The result is a unique approach that accelerates and streamlines revenue cycle processes, improves data quality for cleaner billing and more accurate reimbursement, and enhances the patient experience.
RelayHealth Financial is a leading provider of healthcare financial solutions, including those for patient access and collections and analytics-driven claims management. Our broad array of revenue cycle management solutions help healthcare professionals make better financial decisions for their organizations and patients, right at the point of care.
As a leading advisor to the industry for more than 30 years, Kaufman Hall is uniquely equipped to help healthcare providers come to terms with the new payment and delivery systems and transform their organization to meet the challenges and opportunities of value-based care. We provide advisory services and software tools to assist with strategic and financial planning, physician integration, capital allocation, debt financing, risk contracting, partnering, and cost structure decisions. Our status as an independent firm and our capital markets orientation allow us to bring both objectivity and financial expertise to each situation, helping ensure a sustainable path forward for our clients.
Best known for market-leading coding solutions and ICD-10 expertise, 3M Health Information Systems delivers innovative software and consulting services for computer-assisted coding, clinical documentation improvement, and case mix and quality reporting. 3M’s patient classification and grouping solutions can help hospitals adjust to payment reform and succeed in a pay-for-outcomes environment.
Through its Global Corporate Payment Group, American Express offers a suite of payments solutions that helps hospitals streamline payment process and transform them into opportunities for savings. Working with American Express can help hospitals optimize working capital; increase days cash on hand; achieve their goals around savings, control and efficiency; and strengthen relationships with suppliers.
Whether you seek an infusion of funds, improved revenue cycle metrics, streamlined payments processes or strategic advice, Bank of America Merrill Lynch services backed by more than $23 billion in commitments, provides customized solutions and healthcare industry. All delivered by a client manager and team of specialists focused on improving your financial health.
Peer Reviewed Solution Provider
Craneware is the leader in automated revenue integrity solutions that improve healthcare organizations’ financial performance. Craneware solutions help hospitals effectively price, charge, code and retain earned revenue for patient care services and supplies. Clients achieve visibility required to prevent revenue leakage, optimizing reimbursement, increasing operational efficiency and minimizing
Nuance’s healthcare portfolio of proven, speech-enabled clinical documentation CDI and communication solutions enable healthcare provider organizations to improve financial performance, enhance patient care, and increase patient safety. With over 10,000 healthcare provider organization customers and 500,000 clinician customers worldwide, Nuance has the experience and solutions to meet the needs of any size healthcare provider organization.
Simplee® is the innovation leader in patient collections, delighting patients with a clear, convenient and trusted payment experience. Our Simplee®PAY enterprise cloud platform enables healthcare providers to reimagine the patient revenue cycle with a unique paperless strategy and a consumer friendly experience. By shifting collections to self-service and point-of-service, Simplee helps providers tackle rising patient responsibility and drive more payments, sooner, while reducing collection costs and improving patient satisfaction.
AbbVie is a global, research-based biopharmaceutical company which combines the focus of a leading-edge biotech with the expertise and structure of a long-established pharmaceutical leader. AbbVie is committed to using unique approaches to innovation to develop and market advanced therapies that address some of the world’s most complex and serious diseases.
Adreima provides clinically-integrated revenue cycle services to 700+ hospitals nationwide. Adreima offers specialized delivery expertise with a full revenue cycle perspective to assist our clients in recognizing the full value of the services they provide. Our unique clinical approach to the revenue cycle helps us to support our clients in achieving results.
Capio Partners provides revenue cycle solutions for some of the nation’s leading healthcare providers and hospital systems, converting uncollected receivables into cash. Capio's Complaintless CollectionsTMmodel helps optimize healthcare revenue cycles through best practices that focus on educating and advocating for patients, while remaining fully compliant with industry regulations.
CarePayment is a patient financial engagement company that accelerates provider transition to the new consumer-driven healthcare market. Powered by advanced technology and analytics, our innovative patient financing programs improve patient satisfaction and loyalty while delivering superior financial results.
EY is a global leader in assurance, tax, transaction and advisory services. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities.
Healthcare Strategy Group’s team of expert consultants offer a strategic, best practice approach to hospital-physician integration. We specialize in developing, managing and raising the value of employed physician networks and aligning with independent physicians to build market power and financial strength, while delivering meaningful savings.
Implant Partners is a wholly-owned subsidiary of MicroPort Orthopedics, a leading global orthopedic implant provider. Implant Partners provides hospitals with high-quality, U.S.-made hip and knee implant systems at cost savings of 40-70 percent. Our breakthrough rep replacement approach eliminates the middle man and puts ownership of the process back where it belongs—with hospitals and surgeons. Our tagline is “Enabling Clinical Success Without the Excess.”
J.P. Morgan Global Institutional Asset Management is a leader in investment management, dedicated to creating a strategic advantage for institutions. With 750 investment professionals* on the ground in 35 countries, and over 200 investment strategies globally, the firm seeks to deliver first-class investment results to some of the world's most sophisticated organizations.
An HFMA Peer Reviewed Solution Provider
MedAssets is a healthcare performance improvement company focused on helping providers realize financial and operational gains so that they can sustainably serve the needs of their community. More than 4,200 hospitals and 122,000 non-acute healthcare providers currently use the company's evidence-based solutions, best practice processes and analytics to help reduce the total cost of care, enhance operational efficiency, align clinical delivery and improve revenue performance across the care continuum.
Parallon is a leading provider of healthcare business and operational services. Parallon partners with hospitals and healthcare systems to improve their business performance through best practices in revenue cycle, group purchasing through HealthTrust, supply chain, technology, workforce management and consulting.
Precyse provides industry-leading expert services and comprehensive technologies that empower healthcare organizations to most effectively and efficiently capture, organize, secure and analyze clinical data and transform it into actionable information, supporting the delivery of quality patient care and optimizing operating performance. Precyse has enabled nearly 5,000 healthcare facilities and health systems nationwide to improve efficiency and deliver tangible outcomes for more than a decade with the ONLY Peer Reviewed HIM Technology and Services Suite.
Recondo provides healthcare intelligence to providers, HIS vendors and healthcare process organizations. Empowered Patient Access is a comprehensive solution automating patient access activities: authorizations, upfront collection, eligibility, financial assistance, and more. Empowered Business Office simplifies payer reimbursement while improving financial performance and increasing your staff productivity through "no touch processing."
Ziegler is the premier investment bank to community and regional healthcare providers. For over 80 years, we have been assisting these organizations with creative, tailored financial solutions for their capital needs. Specializing in healthcare, Ziegler offers an array of services including investment banking, financial risk management, merger and acquisition services as well as capital and strategic planning.
Availity is a trusted intermediary for information exchange between health plans and providers, easing the complexity of moving business and clinical information to health care stakeholders nationwide. Real-time, point-to-point connectivity provides speed and accuracy at the intersection of health care and technology.
Founded by industry leaders with over two decades of experience in enterprise planning and reporting, Axiom EPM delivers performance management solutions for hospitals and healthcare provider organizations. Solutions for budgeting and forecasting, reporting and analytics, strategy management, capital planning, profitability and cost management are delivered on a single unified platform. Axiom EPM embraces and extends familiar Microsoft Excel® functionality, allowing finance professionals to manage data in a familiar environment—while providing unmatched modeling flexibility and enterprise performance.
BMO Capital Markets is full-service financial services firm offering corporate, institutional and government clients access to a complete range of investment and corporate banking products and services. BMO Capital Markets is a member of BMO Financial Group (NYSE, TSX: BMO), one of the largest diversified financial services providers in North America with US$535 billion total assets and more than 46,000 employees as of July 31, 2013.
Conifer Health Solutions is a healthcare business process management services provider offering solutions that address the entire continuum of health administration. We provide comprehensive operational management for revenue cycle functions, offer patient communications solutions to optimize communication between providers and patient, and support value-based performance through dynamic payment arrangements, ACO management, population health management, and clinical integration solutions.
Executive Health Resources®, The Physician Advisor Company®, is a leading provider of medical necessity compliance solutions to 2,400+ hospitals and health systems across the country. Endorsed by the American Hospital Association and Peer Reviewed by the Healthcare Financial Management Association, EHR’s comprehensive solutions are delivered through expert Physician Advisors specially-trained in Medicare/Medicaid rules and regulations.
Healthcare Outsourcing Network LLC is a national revenue cycle management firm headquartered in Denver. HON provides self-pay and insurance follow-up services, via customized revenue recovery programs capitalizing on state-of-the-art technology and effective customer service. Our guiding principles are providing superior customer service, building client relationships, and maximizing recoveries.
Fifth Third Bancorp is a diversified financial services company headquartered in Cincinnati, Ohio. The company has $120 billion in assets and operates 18 affiliates with 1,321 full-service banking centers. Fifth Third Bank Healthcare is committed to helping your organization find opportunities to operate more efficiently and profitably. Member FDIC.
Enabling better care for more people is a goal that we can all believe in. At Microsoft, we strive to achieve this goal by offering people-first solutions that empower health organizations, patients, and care providers to improve health. Together, we all can realize a healthier future, today.
Money2SM for Health is a transformational product platform that facilitates an improved patient payment experience in healthcare. This new mobile- and web-based patient payment platform enables patients to view their healthcare claims, receive alerts when claims are ready to be viewed and pay amounts due—all in one digital location.
Navigant Healthcare, a Navigant Consulting, Inc. (NYSE: NCI) practice, works collaboratively across a spectrum of clients in the payer, provider and life sciences space. Our professionals are industry thought leaders, healthcare executives, clinicians, physicians and seasoned consultants who assist in designing, developing and implementing integrated, technology-enabled solutions that create high-performing healthcare organizations.
Ponder & Co. has been providing financial advisory services to healthcare institutions for over 35 years. We help our clients manage the capital formation process, and we advise them on corporate development decision making, including mergers, acquisitions, and divestitures, all within the not-for-profit healthcare space. Our ultimate goal is to empower our clients to make the most informed decisions.
SharedClarity enables better clinical outcomes and affordability through information. We identify the most effective medical devices through clinical reviews and comparative effectiveness studies. SharedClarity is a joint venture between four large health systems (Advocate Health Care, Baylor Scott & White Health, Dignity Health and McLaren Health Care) and UnitedHealthcare.
Dedicated to providing exceptional SaaS-based tools combined with unmatched training, implementation and support, Strata Decision Technology provides hospitals and health systems the tools they require to deliver for their patients, meet their strategic goals and ensure a secure financial future.
Supplemental Health Care delivers workforce strategies to address the healthcare challenges of today. Through Recruitment Process Outsourcing, Managed Services, PRN Pool Management and contingent staffing, we use our vast expertise to provide organizations better access to skilled clinical and non-clinical professionals.
For more than two decades, TeleTracking Technologies has applied proven principles of logistics management to hospitals and health systems to enhance patient care, improve financial performance and gain competitive advantage. Its industry-leading software and consulting services create an enterprise-wide platform to reduce overcrowding, cut costs, generate revenue, fight the spread of infection, manage assets, accelerate patient transfers and provide a wealth of data for continual operational improvement and business development.
VHC Inc. (formerly Vaughan Holland Consulting, Inc.) is a full service revenue cycle consulting firm. Services offered include recovery of underpayments (all payers), real-time concurrent charge capture, contract billing, CDM review, outsource coding and custom consulting engagements. We are the go-to firm when revenue cycle solutions are needed.
Xtend Healthcare is the fastest growing revenue cycle solution company offering 100 percent onshore solutions. Our senior management team has over three decades of revenue cycle experience. We offer cutting-edge technology, experienced staff, and 100 percent satisfaction. Revolutionize your revenue cycle, Extend your staff and assets, and Improve your bottom line.
Founded in 1999, ZirMed is one of healthcare’s premier health information connectivity and management solutions companies. ZirMed combines innovative software development with the industry’s most advanced transactional network and business analytics platform to give organizations a clearer view of their financial and operational performance.
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.
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.
Emad Rizk, MD, president and CEO of Accretive Health, discusses the uncertainty facing hospitals and the transitions affecting revenue cycle management.
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.
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.
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.
Steve Scibetta, senior director of channel sales for Ontario Systems' healthcare product line, shares insights into effectively managing receivables.
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.
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.
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.
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.
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.
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.
With the ICD10 deadline quickly approaching and daily responsibilities not slowing down, final preparations for October 1 require strategic prioritization and laser focus.
Greg Burgess, Founder and Chief Product Officer at Burgess Group shares insights and opportunities for payment integrity in the rapidly changing healthcare IT landscape.
Read how Gwinnett Medical Center provides clear connections to financial information, offers multiple payment options for patients, and gives onsite staff the ability to collect payments at multiple points throughout the care process.
Read how Orlando Health was able to perform deeper dives into claims data to help the health system see claim rejections more quickly–even on the front end–and reduce A/R days.
To maintain fiscal fitness and boost patient satisfaction and loyalty, healthcare providers need visibility into when and how much they will be paid–by whom–and the ability to better navigate obstacles to payment. They need payment clarity. This whitepaper illuminates this concept that is winning fans at forward-thinking hospitals.
Financial services staff are always looking for ways to improve the verification, billing and collections processes, and Munson Healthcare is no different. Read about how they streamlined the billing process to produce cleaner bills on the front end and helped financial services staff collect more than $1 million in additional upfront annual revenue in one year.
Effective revenue cycle management can be a challenge for any hospital, but for smaller providers it is even tougher. Read how Wallace Thomson identified unreimbursed procedures, streamlined claims management, and improved its ability to determine charity eligibility.
Before launching an energy-efficiency initiative, it’s important to build a solid business case and understand the funding options and potential incentives that are available. Healthcare leaders should consider taking the steps outlined in the whitepaper to ease the process of gaining approval, piloting, implementing, and supporting sustainability projects. You will find that investing in sustainability and energy efficiency helps hospitals add cash to their bottom line. Discover how hospitals and health systems have various options for funding energy-efficient and renewable-energy initiatives, depending on their current financial structure and strategy.
Health care is a dynamic mergers and acquisitions market with numerous hospitals and health systems contemplating or pursuing formal arrangements with other entities. These relationships often pose a strategic benefit, such as enhancing competencies across the continuum, facilitating economies of scale, or giving the participants a competitive advantage in a crowded market. Underpinning any profitable acquisition is a robust capital planning strategy that ensures an organization reserves sufficient funds and efficiently onboards partners that advance the enterprise mission and values.
The success of healthcare mergers, acquisitions, and other affiliations is predicated in part on available capital, and the need for and sources of funding are considerations present throughout the partnering process, from choosing a partner to evaluating an arrangement’s capital needs to selecting an integration model to finding the right money source to finance the deal. This whitepaper offers several strategies that health system leaders have used to assess and manage capital needs for their growing networks.
Copyright 2016, Healthcare Financial Management Association.
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