WHERE THE BRIGHTEST MINDS in health and IT meet.

Keys to Collaboration in the Midst of New Payment Models

February 22, 2017 — 04:00PM EST - 05:00PM EST
Orange County Convention Center
206A
Session ID: 
200

Description

The rise in healthcare consumerism and the shift from fee-for-service to value-based business models is challenging hospitals/health systems to look for ways to accelerate innovation in their payment and care delivery models. A prominent health network in the San Francisco Bay area focused exclusively on pediatrics and obstetrics, Stanford Children’s Health, recognized that the key to success in healthcare’s new marketplace is making collaboration and shared-decision making between clinical and financial staff a top priority. This session describes the three-step approach that the organization developed to optimize revenue, boost organizational efficiency and enhance the overall patient experience during a period when the network grew its physician business by more than 20 percent. Based on the presenter’s case study, attendees will learn strategies to advance its clinical and financial processes to meet the demands of value-based care.

Learning Objectives: 

  • Explore the challenges that healthcare providers are facing with the shift to value-based reimbursement models
  • Discuss the importance of managing the revenue cycle as a proactive function to effectively tackle healthcare’s new payment mechanisms and meet the needs of more consumerized patients
  • Evaluate strategies that Stanford Children’s Health implemented to centralize and streamline its revenue cycle management processes, improve financial performance and enhance patient satisfaction
  • Interpret best practices for breaking down departmental siloes between financial and clinical teams, enhancing care coordination and ensuring staff buy-in for transformational cultural change
  • Assess the approaches that Stanford Children’s Health developed to better manage population health initiatives

Audience: 

Healthcare Financial Professionals
C-Suite
Physician, CMO, CMIO

Speaker(s): 

Level: 

Intermediate

WHERE THE BRIGHTEST MINDS

in health and IT meet.

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