Check out the speakers, sessions, and product launches that HealthLeaders Media is looking forward to at the 2018 HFMA ANI conference in Las Vegas.
HealthLeaders Media will be attending the Healthcare Financial Management Association (HFMA ANI) Annual Conference next week in Las Vegas, which will feature informative sessions on business strategy, cost containment, and revenue cycle management.
While there, HealthLeaders will meet with several CFOs, industry experts, and market analysts as part of the four-day event.
Below is an outline of what's on the agenda for topics and industry announcements we're keeping on our watchlist.
Monday, June 25:
The Disruptive Future of Health Care: The Good News!
The New Conversation on Cost
Creating a Strategic Roadmap to Attract and Retain Customers
Can We Make the Revenue Cycle More Like Retail?
Tuesday, June 26:
Health Care's Renaissance: Converging to Heal
Cracking the Cost Code: Taking Better Care of High Need, High Cost Patients
Rebuilding the Revenue Cycle from the Patient’s Perspective
Ask an Actuary: How to Bend the Cost Curve
Wednesday, June 27:
What If: Health Care 2020
Mitigating Financial Risk Before and After a Revenue Cycle Conversion
Mae Jemison, MD: In 1992, Jemison became the first woman of color to go into space.
Rubin Pillay, MD, PhD: Pillary serves as assistant dean for Global Health Innovation at the School of Medicine and CIO of the Health System at the University of Alabama in Birmingham.
Dan Schawbel: He is the research director at Future Workplace and managing partner at Millennial Branding. Schawbel is also a New York Times bestselling author.
Nicholas Webb: He was the founding CEO of Lassen Scientific, Inc., serves as an advisor to Blue Cross and works as director of the Center for Health Innovation at WesternU.
New Change Healthcare study, product announcement
A new study of 120 payers found value-based care strategies helped reduce medical costs while also improving care quality for patients.
Change Healthcare released "Finding the Value: The State of Value-Based Care in 2018" Monday, which was conducted in coordination with ORC International, a global intelligence firm.
The study, which follows similar research done in 2014 and 2016, also highlighted:
Commercial lines of business outpacing government lines for adoption and innovation of value-based care models and strategies.
Fee-for-service accounts for only 37.2% of reimbursement, which is projected to account for less than 26% of reimbursements by 2021.
Only 21% of payers are capable of launching a new episode of care programs in under six months. Thirty-three percent require up to one year, 21% need 18 months, 13% at least two years.
Episode models deliver between 5% to 5.4% savings on average, with some payers reporting up to 7.5% savings.
More than half of payers are "not very satisfied" with their current value-based care analytics, automation, and reporting capabilities.
Change will be presenting the research results at the AHIP Institute & Expo 2018 on Wednesday. Additionally, Change is expected to make a "major product announcement" at the HFMA/ANI conference next week.
If you or someone you know will be attending the HFMA ANI conference and have suggestions or tips while we're there, please let us know.
Jack O'Brien is the finance editor at HealthLeaders, a Simplify Compliance brand.