This seminar provides a fundamental educational experience for people who are just starting in the healthcare industry or for those who wish to expand their knowledge across more financial management functions.
Participants Will:
Be exposed to basic healthcare financial statements and examples of monthly operational reports and be shown how to use and interpret them;
Learn about key Compliance laws and policies and why an institutional plan is important to avoiding regulatory penalties;
Hear about the evolution of the managed care insurance business and its impact on providers and healthcare organizations; and
Get a detailed overview of how the healthcare revenue cycle works and the importance of denial management.
Agenda
November 12th
8:30-8:45 am Welcome
8:45-10:15 am Fundamentals of Healthcare Finance and Reporting
10:15-10:30 am Break
10:30-12:00 pm Law, Compliance and Regulation
November 17th
8:30-8:45 am Welcome
8:45-10:15 am Introduction to Managed Care
10:15-10:30 Break
10:30-12:00 pm Revenue Cycle Management and Calculations
[+][–] Strategic Affiliations: New Models for Capital Financing
Attendees will gain a detailed overview of the legal and business issues associated with strategic affiliations as a capital source in the healthcare industry covering:
Common structures (e.g., partnerships, joint ventures, etc.) in the healthcare industry today.
Common participants in strategic affiliations (e.g., vertical integration, new entrants, private equity/venture capital) | how goals may differ and their impact on deal structuring.
The rationale for an organization consider a strategic affiliation for financing purposes vs. more traditional financing methods (e.g. debt vs. cash).
The expert panel will examine industry trends with case examples to address:
What makes some deals successful / sustainable and why do some deals fall short of their goals.
Which vehicle is right and how should participants evaluate and monitor these opportunities.
What key risks should participants be aware of prior to entering into a strategic affiliation - aligning financial, culture and clinical objectives | financial considerations | initial and future capital calls/requirements | need for an exit plan or “pre-nuptial” agreement | ownership of intellectual property | exit considerations.
How affiliations have evolved.
What we have not seen yet, but is clearly on the horizon.
Presented by the New England Healthcare Internal Auditors (NEHIA) and the Healthcare Financial Management Association (HFMA) MA-RI Chapter
We are excited to host a 3-day educational conference bringing expert presenters from healthcare compliance, privacy, security, and of course, internal auditing. Each presentation is an opportunity for presenters to share their knowledge with all levels of conference attendees and for conference attendees to listen and learn best practices from some of the industry’s best experts. In addition to providing low cost, high quality educational sessions, NEHIA and HFMA MA-RI will work diligently to connect conference members with each other to create a strong community of healthcare professionals in New England.
Early-bird discount is valid until October 30th. Register today!
