HFMA ANI: Tackling Healthcare's Ever-Growing Complexity
Even though reimbursements remain heavily tilted to fee-for-service, healthcare organizations are making big mistakes if they aren't marrying clinical and financial metrics and engaging in data analytics, says HFMA's president.
I'm at the Healthcare Financial Management Association's annual ANI conference in Las Vegas, where healthcare executives are gathering on June 22–25 to hear their peers and industry experts talk about solutions to the laundry list of issues their organizations are facing.
Health reform, risk-based reimbursement structures, clinical care redesign, and the increasing need for reliable data analytics are just a few of the challenges provider organizations are grappling with these days, HFMA president and CEO Joe Fifer told me during a recent telephone interview.
"The healthcare industry is not for the weak of heart, that is for sure," Fifer says. "One major issue is that the intensity level within the industry seems to continue to rise. In any given year you think, 'I don't know if this can get any more complex,' and yet the complexity still seems to ramp up, while none of the old issues have gone away."
8 Key Themes
This year's ANI conference sessions are organized into eight themes: business intelligence and analytics; regulatory impact of reform; clinical integration and culture; organizing for value; payment trends; revenue cycle; cost management; and finance and operations. Each theme has a featured speaker as well as several breakout sessions presented by providers, consultants, and other industry experts.