The journey to advanced costing: Stories from two hospital
Amid COVID-19, hospitals and healthcare delivery systems continue to seek more complete and accurate accounting of costs to access needed payment and relief programs. In order to get the most out of these programs, many are seeking new ways to use their tools and adopt advanced methodologies.
Hear executives from Saint Luke's Health System of Kansas City and Mary Washington Healthcare address the new challenges and how they improved cost accounting with advanced methodologies, like the HFMA-Strata Cost Accounting Adoption Model (L7TM) to advance cost accounting.
Original Live Webinar Date: 11/5/20
Achieving working capital efficiency and cash management
Even prior to the pandemic crisis, health system finance and treasury departments were exploring more efficient ways to manage their working capital and improve their financial health overall. With prevailing uncertainty about the economy and the financial outlook for healthcare, hospitals are looking to improve their liquidity, and enacting various short-term financing options while monitoring cash-on-hand. This webinar describes the current financial challenges, describes emerging best practices for Accounts Payable and prescribes solutions to help achieve optimal working capital, even in this uncertain environment. The presentation will also cover financial management trends, payments outlook and effects on liquidity position, including creditor rating, as well as balance sheet management.
Original Live Webinar Date: 9/23/20
Rapid Fire Sessions - financial sustainability
As healthcare systems plan for post Covid 19 strategies, the focus is on financial sustainability and optimizing care delivery. Hear case studies describing clinical documentation for optimizing revenue, a sustainable telehealth strategy and consumer centric payment plans.
Predictive analytics for real time cost manangement
Learn how Texas Health Resources made the leap to real-time management of costs using a financial decision support platform, augment with visualizations and integration of third-party data. During this session, attendees will gain understanding of how to best utilize data to identify real-time opportunities to manage and save cost.