HFMA, Selat/Nawa and KSA Ministry of Health collaborate on one-day educational event in Riyadh

The Healthcare Financial Management Association (HFMA) is offering a new international educational opportunity with a one-day healthcare finance event, at the Global Health Exhibition in Riyadh on Oct. 31. Selat, a Riyadh-based revenue cycle management consulting firm and its training arm Nawa, is the exclusive sponsor of the event and will also provide instruction during the program. Other instructors are from the Saudi Arabia’s Ministry of Health and HFMA. A certificate will be awarded for completing this one-day program.

The educational content is appropriate for a wide variety of healthcare professionals including senior finance professionals and administrators in hospitals and health systems, revenue cycle management professionals, physician leaders, insurance executives and directors and payer relations managers.

“The 2030 Transformation goals call on the healthcare finance industry to combine world-class service and local knowledge to build improved healthcare systems for all sectors and for all people who use them,” said Ahmed AlHamalawy, Selat’s executive vice president, and one of the instructors for the one-day event. “This education offers busy healthcare finance professionals an efficient and effective way to learn and network among their peers. Selat values the opportunity to sponsor this event, which reflects Selat’s mission of building better health through RCM.”

Healthcare finance, RCM education leads to HFMA certification introduction

The training offers key concepts in healthcare finance and revenue cycle management, including the following:

• Value-based care
• The importance of costing
• Case mix and risk adjustments
• Patient registration
• Insurance verification
• Patient financial communications best practices

“Given the transformation occurring in the Kingdom of Saudi Arabia (KSA) and Eastern Mediterranean Region (EMR), expectations, reporting requirements and roles are on the horizon. This one-day program will take attendees through the key concepts needed to move their healthcare finance and revenue cycle management process knowledge to the next level,” said Hefin Jones, clinical costing director, National Casemix Center of Excellence, Ministry of Health, Saudi Arabia, who is also an instructor for the one-day session.

The day ends with preparatory content to help attendees take HFMA’s healthcare finance certifications: the Business of Healthcare and the Certified Revenue Cycle Representative (CRCR) – GCC. Attendees who purchase the certifications will receive a 30% discount and a one-year complimentary HFMA international membership.

“HFMA offers a broad perspective on the business of healthcare, offering healthcare professionals around the world the opportunity to improve their knowledge on the financial operations in healthcare organizations as well as the movement toward value-based care and an emphasis on the cost accounting approach,” said Mary Mirabelli, senior VP of Strategy, HFMA.

Register for complimentary entry to HFMA’s one-day healthcare finance and RCM educational event and the Global Heath Exhibition. For more information on registration or other questions, please send a message to [email protected].

Those attending GHE can visit HFMA at booth H1.F70 and Selat, exclusive sponsor of HFMA’s one-day educational event, at H2.A70.