Managing financial complexity: Synchronizing revenue cycle and finance teams
Getting the full value out of your transaction/acquisition plan
As the health care industry continues to consolidate, health system leaders are facing increasing pressure to aggressively acquire scale. With opportunities including acquisition or divestiture of individual hospitals, health systems, and physician practices, the M&A landscape has become even more complex. Additionally, shrinking margins and changing payment mechanisms also put greater pressure on realizing the expected value of a transaction through strategic, operational, and financial alignment.
This webinar will explain strategies for achieving the full value of your transaction by exploring frameworks and case studies for developing transaction value and defining strategic intent; conducting value focused diligence across 6-8 high value areas; and transitioning from deal planning and execution to integration planning and implementation.
We will present approaches to develop a replicable playbook that addresses that continuum, from due diligence and deal structure, Day 1 Readiness planning, and post-merger integration approaches. In addition to sharing some tested methodologies to enable achievement of the strategic and operational premise of any transaction, we will also share lessons learned from more challenging, and even failed transactions.
Original live webinar date: 11/19/19
Certified Specialist Accounting & Finance Recertification
The CSAF recertification program is recommended for active, eligible HFMA CSAF certificants with an upcoming maintenance due date of May 31, 2020. Not sure when your CSAF expiration date is? Sign in, click your profile image in the upper right corner, select My Development, and then click on the Certifications tab near the center of the page. You'll see your certifications along with their expiration date.
- Financial Planning and Budgeting
- Financial Reporting: Liabilities and Long-Term Debt
- Financial Reporting: Relationships and Procedures
- Financial Reporting: Revenue and Assets
- Accounting Oversight and Internal Control
Managing and measuring the patient financial experience
While overall patient experience is almost always measured as part of quality metrics, in this age of healthcare consumerism, there is another critical metric that needs to be measured and understood-the patient financial experience. Patients today are seeking tools and solutions that support them as healthcare consumers and help them move forward with the care they need in a way that is easy and convenient. Their ability (or inability) to understand and comfortably pay medical bills often carries as much weight as the overall quality of care received.
This webinar will address how healthcare organizations can implement systems to better understand patients' expectations, measure and improve the patient financial experience, and ultimately improve overall patient satisfaction scores.