Wednesday, August 12: Uncovering Actionable Insights 

Optimize performance with the latest KPIs from both clinical and financial data sets. Hear about analytics strategies for lowering cost and maximizing revenue and the demonstrable insights to be gained from a wide array of tools and applications. 

Information on CPE credits

Day at a glance

9:45 – 10:00 a.m., CT Featured General Session
10:00 – 11:05 a.m., CT Featured General Session
11:05 a.m. – 11:15 a.m., CT Break
11:15 – 12:05 p.m., CT Concurrent Sessions
12:05 – 12:15 p.m., CT Break
12:15 – 1:05 p.m., CT Concurrent Sessions
1:05 – 1:15 p.m., CT Break
1:15 – 2:05 p.m., CT Concurrent Sessions
2:05 – 2:15 p.m., CT Break
2:15 – 3:05 p.m., CT Concurrent Sessions

Session Descriptions

Join HFMA President and CEO Joe Fifer on August 12 when he kicks off the day by presenting the 2020 Richard L. Clarke Board of Directors Award to Seema Verma, Administrator of the Centers for Medicare & Medicaid Services. The award recognizes individuals or organizations for making significant, positive contributions to the profession of healthcare, the financing of healthcare services and related benefits to society. This special session will include a discussion between Joe and Administrator Verma about some of the most pressing issues facing our industry. 

Date and Time

August 12, 9:45 – 10:00 a.m., CT

Your Actionable Analytics Journey: Meeting Consumers Where They Are (GS7)

This session provides an overview of the results achieved through a data-driven approach that empowers physician groups to deliver high-quality, cost-efficient care to their patients. The session also explains Privia’s analytics journey from descriptive to prescriptive analytics at the provider level.

Date and Time

August 12, 10:00 – 11:05 a.m., CT

Predictive Analytics for Real-Time Cost Management (N01)

Learn how Texas Health Resources made the leap to real-time management of costs using a financial decision support platform, augmented 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.

Date and Time

August 12, 11:15 a.m. – 12:05 p.m., CT

Rapid Fire Case Studies (N02)

Get more from your data analytics, hear case studies on actionable integration of clinical and financial data, using AI to drive down costs, and enhanced analytics for forecasting, planning and improved financial performance.

Date and Time

August 12, 11:15 a.m. – 12:05 p.m., CT

Sponsored by

Surge Preparation and the Clinical Workforce – An Analytic Approach to Certain Uncertainty with COVID-19 (P01)

COVID-19 is having a significant impact on the healthcare industry, resulting in unprecedented variation of historically "stable" indicators of volume, workforce availability and capacity management.  Developing a forecast that incorporates best case/worst case scenarios that can create a milieu of shared understanding and enable financial and clinical executives to collaborate and  manage through uncertain and adverse conditions.  Creating a model and tool that supports the frequency that an organization must adapt and adjust as conditions change is essential to manage day to day operations.  This session will discuss key indicators necessary to build a forecasting tool that fosters collaboration

You’ll examine:

  • The key fiscal indicators/metrics that support collaboration and transparency during volume surge.
  • Why aligning staff expertise to level of care needs will maximize workforce resources and productivity.   
  • How to support phased and planned transitions of workforce and capacity management.

Date and Time

August 12, 12:15 – 1:05 p.m., CT

Using Analytics and AI to Improve Procurement and Inventory Controls (P02)

One of the key lessons learned for many health systems through the COVID pandemic was having a resilient operations that provided a visible end to end view of the supply chain.  Deploying digital tools and capabilities to create this visibility allows for a rapid response to risks and an understanding of current and future demands.   Building advanced supply and demand forecast capabilities through analytics and AI tools will allow supply chain leaders to manage inventory and be able to communicate to their leadership current and future risks.

Date and Time

August 12, 12:15 – 1:05 p.m., CT

Initiative 18|11: What can we do about healthcare cost? (P03)

This session will provide an overview of the 18/11 initiative, the cost drivers, and attempts to address cost, quality and delivery of healthcare.

Date and Time

August 12, 12:15 – 1:05 p.m., CT

Telemedicine metrics (R01)

This presentation will review "best practices" of telemedicine implementations and introduce metrics to maximize the effectivities of such programs.  Telehealth program challenges will be discussed and key performance indicators (KPIs) to drive operational and economic impact on the ambulatory services will be introduced. A case study from a hospital-owned medical group will be shared highlighting the operational impact and lessons learned.

Date and Time

August 12, 1:15 – 2:05 p.m., CT

Speakers

Josette Portalatin
Assistant Vice President, Revenue Cycle, Valley Health System

How to Optimize Data for Revenue Recovery in Your Health System (R02)

With sweeping cancellations to revenue-generating elective procedures and widespread economic uncertainty, hospital executives are working to secure the financial health of their organizations. Optimizing data to strengthen your revenue health is more crucial now than ever. Learn how leveraging direct access to the FISS system can help drive analytics, reporting and reimbursement to your health system. Explore strategies for partnerships that enhances your revenue cycle performance. Hear from our client on how they’ve utilized our direct access to FISS to drive efficiencies in their work queues to drive reimbursement back to their health system.

Date and Time

August 12, 1:15 – 2:05 p.m., CT

Using data analytics to impact the patient experience of care (GS8)

This closing general session will feature a panel of leading experts in data analytics, that will explore the challenges and possibilities of moving toward true interoperability, of marrying clinical and financial data, and providing a better patient experience. In a post-pandemic environment, providers must deliver tools and applications that optimize the use of clinical and financial data to engage patients through touchless experiences, provide effective  medication and care management, and improve patient financial communications. Ultimately, building a system that improves patient outcomes and overall experience of care. This session will highlight systems that have excelled in this effort.   

Date and Time

August 12, 2:15 – 3:05 p.m., CT

Sponsored by