Cost:

Free for HFMA Members
Buy HFMA Membership to Attend

Audience:

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

Career level:

Executive
Experienced Professional
Mid-Senior

Recommended for:

Financial Planning
Patient Accounts
Patient Experience
Patient Financial Services
Accounting
Billing
Collections

Delivery Method:

Self Study

Advance Preparation:

None

Prerequisites:

None

Course Availability:

1 Year

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Live Webinar | Revenue Cycle
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On Demand Webinar | Basic | Revenue Cycle

Managing financial complexity: Synchronizing revenue cycle and finance teams

On Demand Webinar | Basic | Revenue Cycle

Managing financial complexity: Synchronizing revenue cycle and finance teams

Description

Healthcare finance teams face many unique challenges that can slow down processes and negatively impact the patient satisfaction. Provider consolidation, new reimbursement models, and rising consumerism and technology changes can make insurance and patient payment processes time consuming, expensive and prone to error. This webinar will examine new strategies providers are simplifying processes, reducing costs, and building stronger collaboration between the revenue cycle and finance teams. Hear how these strategies can help your organization decrease cost to collect, reduce AR days, improve working capital, and enhance the patient payment experience.

Original live webinar date: 11/20/19
After this program, you'll be able to..
  • Learn how leading healthcare providers are bridging revenue cycle and finance teams to address consolidation, shifts in reimbursement models, technology changes, and rising consumerism.
  • Describe the challenges providers are experiencing with aligning payment posting and reconciliation.
  • Summarize the important steps for steamlining payment and reconciliation process to reduce AR days and improve working capital.
  • Apply best practices and successful payment management strategies into your financial processes.

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