Effective Management of Physician Subsidy Levels
This session will present an effective process for assessing physician financial performance from an operational strategic standpoint. The speakers will share a defined process to manage physician financial performance, including how to use cost accounting concepts to establish and manage appropriate operating budget results as well as how to use ROI concepts to assess and monitor strategic benefits in comparison to subsidy loss levels.
Why you should replace adjusted discharges
The use of adjusted discharges as a metric of output to assess facilitywide productivity and efficiency is flawed and leads to invalid conclusions. It does not account for the increasing volume and complexity of outpatient procedures. During this session, Providence St. Joseph Health System will share how it effectively uses equivalent discharges and demonstrate why this metric is better suited to health systems.
Physician Practice Management Coding and Payment Systems
This course discusses coding and payment systems, which establish the potential revenue of the physician practice. Other topics include fee schedules and relative value systems as well as compliance and rules for teaching physicians.
Malpractice Insurance and Risk Management
This course describes the types of insurance available to healthcare organizations to protect against unavoidable losses. It also describes the objectives, benefits, costs, and challenges of risk management, and presents approaches to funding future losses. This course also explains how a provider can transfer risk to an independent third party and how the amount transferred affects the accounting treatment of loss. The course explains IRS requirements for reporting compensation arrangements on Form 990 and describes employers' requirements to provide, account for, and report post-employment and postretirement healthcare benefits.