By Joe Gargiulo
May 17, 2018

2018 HFMA Explores the Healthcare Revenue Cycle

The Healthcare Financial Management Association (HFMA) will highlight the healthcare revenue cycle at the HFMA 2018 Annual Conference. Previously named ANI (Annual National Institute), the revamped conference invites healthcare innovators, experts and finance leaders to attend on June 24 – 27 at the Venetian-Palazzo Sands Expo in Las Vegas, Nevada. With a mission to “transform the business of healthcare,” HFMA offers hands-on learning experiences, networking opportunities and an exhibit hall showcasing the latest innovations in healthcare products and services. Topics include:

  • The future of the healthcare revenue cycle
  • Reducing total cost of care
  • Creating a consumer-centric healthcare delivery system
  • Business intelligence and analytics
  • Leadership and organization capacity
  • Payment trends and models
  • Trends and innovation
  • Washington legislative and regulatory issues

Professional Education

healthcare revenue cycleTo meet each attendee’s learning objectives, the 2018 program possesses an extensive list of sessions that will be presented in various learning types, levels, pathways and tracks. A total of 21 continuing professional education (CPE) hours may be earned with full attendance of the HFMA 2018 Annual Conference.

HFMA offers four session types — traditional sessions, panel discussions, workshops and case studies. Traditional sessions are 60 or 75 minutes and cover a variety of topics, best practices, industry updates and topic overviews. Peer-to-peer discussions host panel discussions with the opportunity to explore topics in relation to each professional’s organization. Workshops examine “specific strategic topics” in three hours. Case studies present real-world situations and discuss top solutions.

Healthcare professionals may select sessions based on learning levels. Basic sessions provide a general understanding of topics. Intermediate sessions develop a working knowledge of topics discussed. Advanced sessions lecture on the assumption that attendees possess in-depth knowledge on the lecture topic. Overview sessions review subjects from a broad perspective. Update sessions inform attendees of new developments within a particular subject area.

Attendees can choose from the two learning pathways of cohort and freestyle. The cohort pathway will spend an entire day focused on a single topic with pre-selected sessions. The freestyle pathway allows attendees to move from one session to another regardless of topic.

healthcare revenue cycle

Sessions will follow eight tracks. The Future of Revenue Cycle track explores issues relating to the healthcare revenue cycle such as processing, payment, revenue generation, reporting and collections. In Beyond the Buzzwords: Robotics, Artificial Intelligence, and Machine Learning MiddleGate CEO Roshan Fernando examines how technological tools — dashboards, analytics, AI and machine learning— can assist revenue cycle managers and which technologies provide the highest ROI. Performance Improvement Expert Derrick Walker’s featured session A Glimpse into the Revenue Cycle of the Future highlights current trends for hospital mergers and acquisitions by explaining the benefits multi-hospital networks have on revenue cycles. A panel of healthcare revenue cycle management and technology experts will focus on four key ways to reduce denials and underpayments, advanced payer-system integration methods and processing small appeals in Using Data Science to Reduce Denials and Underpayments. Lastly, Taking an Organizational Approach to Denials Prevention takes on denial data, case management, financial clearance processes and patient authorization data for “use in winning appeals and reducing denials.”

Additional tracks include Reducing Total Cost of Care, Creating a Consumer-Centric Healthcare Delivery System, Business Intelligence & Analytics, Industry Updates, Payment Trends and Models, Leadership and Organizational Capability, and Trends & Innovation.

Healthcare Revenue Cycle Efficiency

healthcare revenue cycleThe HFMA 2018 Annual Conference provides healthcare professionals of all levels and expertise with an in-depth look into today’s top issues and technological advances concerning the healthcare industry. Professionals interested in the event may register here.

To successfully collect on delinquent patient accounts, healthcare organizations can transfer the collections process over to a best-in-class debt collection agency. Optio Solutions offers definitive debt collection solutions with a strong commitment to compliance, a CCCO certified legal team along with a number of managers who possess this certification, and an advanced level of data security and technology. Organizations looking to replace, add or transfer accounts over to an agency can contact Optio Solutions today to learn how our first-party and third-party collections services provide businesses with an efficient healthcare revenue cycle.

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