Cost:

Free for HFMA Members
Buy HFMA Membership to Attend

Audience:

Business Partners
Health Plans
Hospitals and Other Providers
Physicians and Other Practitioners

Career level:

Executive
Experienced Professional
Mid-Senior

Recommended for:

Accounting
Billing
Business Operations
Client Services
Clinical Operations
Collections
Patient Access
Patient Financial Services
Physician Practice

Delivery Method:

Self Study

Advance Preparation:

None

Prerequisites:

None

Course Availability:

1 Year

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On Demand Webinar | Basic | Coronavirus

How to manage revenue cycle and operational stability throughout a healthcare crisis (Responsive Revenue Cycle Management Virtual Conference On-demand)

On Demand Webinar | Basic | Coronavirus

How to manage revenue cycle and operational stability throughout a healthcare crisis (Responsive Revenue Cycle Management Virtual Conference On-demand)

Description

The global COVID-19 pandemic has put the U.S. economy in a fragile state, causing a ripple effect down to the healthcare organizations.  Many elements of this crisis are already impacting the revenue cycle, from forcing leaders to expand remote work options to more employees, to managing the surge of patient volumes, while balancing the demands for information, access and care.

In addition, even with proposed adjustments to reimbursement rates for treating COVID-19 patients, provider are financially at risk due to the loss of elective procedures and non-essential routine visits and screenings, which can be a primary source of revenue for many organizations.  While delaying these visits caused short-term access issues.

Listen to this webinar to discuss how health systems and practices can drive strategies before, during and after the peak of a healthcare crisis to optimize revenue cycle operations and financial performance.

Original Live Webinar Date (4/30/20)
After this program, you'll be able to..
  • Understand the areas of the revenue cycle most impacted during a crisis
  • Identify the short-term and long-term opportunities to maintain cash flow
  • Create an action plan to solve for revenue recovery

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As the COVID-19 fight continues, data-driven decisions are vital for resource allocation, the move to digital care within telehealth, improved outcomes, disease prevention and cost containment. With better understanding of the most vulnerable populations in the U.S., care providers, public health experts and policy-makers can appropriate front-line resources and efforts where they are most needed.- at the point of care for patients.  It will also be critical as healthcare organizations recover from the pandemic to focus operational and financial priorities on places for growth by understanding unique market dynamics for specific service lines.

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