Virtual event | August 19, 2024


 

New format. Same leading insights.

The NEW Virtual Health Care Day Series!

Plan to attend four dynamic events spread throughout the year, each designed to dive deep into critical topics of margin improvement, deal dynamics, digital innovation and risk resilience. Register now and get future updates. Up to 15 CPEs will be available throughout the year.

Event overview

In today’s health care landscape, margins are squeezed, costs are escalating, and regulations continue to multiply. Join us for the first event of our Virtual Health Care Day Series: Transform your tomorrow by maximizing margins. This event includes CPE-eligible sessions on the current health care financial landscape as well as data-driven strategies, cutting-edge technology and innovative solutions to unlock revenue potential, drive cost reductions and establish a sustainable model for the future.

 

LIVE 10 a.m. EDT Keynote fireside chat with Fitch Ratings

Transforming tomorrow with leading insights

10 a.m. –11 a.m. EDT

Join Kevin Holloran and Mark Pascaris from Fitch Ratings as they ignite our conversation on transforming tomorrow’s health care landscape with a captivating fireside chat.

Mark and Kevin will dive into a candid discussion exploring the trajectory of operating margins, the evolving labor market and the strategic moves shaping the industry’s resilience and growth. Uncover the forces driving disparities in recovery across health systems and anticipate the future of capital spending and evolving dynamics of health care mergers and acquisitions.

Attendees can expect to emerge with a sharpened perspective on the industry’s strategic financial health, ready to embrace the opportunities and navigate tomorrow’s challenges.

Please note CPE is not available for this session, but stay on to join us for the second hour of our presentation, presented by our RSM chief economist, Joe Brusuelas, for a CPE-eligible Economic update and health care outlook (11 a.m.– noon EDT)

Keynote speakers

  • Kevin Holloran | Senior Director, Healthcare Sector | Fitch Ratings
  • Mark Pascaris | Senior Director, Hospital/Health System | Fitch Ratings

 

LIVE 11 a.m. EDT: Economic update and industry outlook

Economic update and health care outlook

11 a.m. –noon EDT
One CPE credit available for eligible participants

Immediately following our keynote speaker, join us for a briefing from our middle market chief economist, Joe Brusuelas, on the factors influencing future growth and expansion in the U.S. economy, the outlook for the health care industry as well as a closer look into the economic headwinds that are gaining strength in the middle market.

Learning objectives:

  • Understand the current trends shaping the health care industry.
  • Explore strategies employed by leading health care organizations to achieve operational excellence.
  • Recognize the interplay between economic conditions and the health care industry.
 

Presenters

  • Joe Brusuelas | Chief Economist | RSM US
  • Joe Brusuelas is principal and chief economist for RSM US LLP, serving as a leading voice of the middle market and the U.S. economy.
  • View full bio >
  • Matt Wolf | Health Care Senior Analyst | RSM US
  • Matt Wolf is a financial consulting director in RSM’s health care practice.
  • View full bio >

 

LIVE: 1 p.m. EDT: Panel on sustainable margin transformation

Achieving sustainable margin transformation

1 p.m. – 2 p.m. EDT
One CPE credit available for eligible participants

During this interactive live panel, we will delve into the critical margin challenges facing health care organizations today and explore strategic approaches to optimize revenue, reduce costs and drive innovation in margin transformation. This panel will review and discuss successful approaches to engaging leaders in sustainable margin improvement and proven experience in achieving financial sustainability and quality simultaneously.

Learning objectives:

  • Understand the key C-suite, organization and community issues when navigating a margin transformation project.
  • Learn about the scope of what the C-suite team at these organizations has accomplished independently and areas where they have worked with external assistance on margin transformation projects.
  • Gain insights into the timeline and expectations of achieving results from margin transformation efforts.

 

Clinical operations and overcoming burnout

Optimizing clinical performance and overcoming burnout with meaningful data

On-demand
One CPE credit available for eligible participants

We will review and discuss successful approaches to engaging providers and clinicians with analytics to improve performance in clinical documentation and patient throughput. Driving operational change with busy clinicians and providers can be difficult in our current state of clinician burnout and leveraging nonemployed providers. It is critical to make good use of providers’ time when educating and be equipped with data to communicate the need for change. This discussion will provide examples and engage in valuable dialogue on successful avenues for driving change with providers and empowering them with data.

Learning objectives:

  • Understand different approaches to engage providers with meaningful analytics and reporting.
  • Learn how to summarize complex data into straightforward dashboards for clinicians/providers.
  • Learn how consistent and sustainable analytics and reporting can drive change over time.
     

 

Revenue cycle strategies for automated denials

Combatting payer automated denials with a robust revenue cycle strategy

On-demand
One CPE credit available for eligible participants

This discussion will explore the changes to the health care reimbursement and denial landscape in the wake of the COVID-19 pandemic. As health care providers were fighting the challenges of care delivery during the pandemic, payers began investing heavily in automating denials, diagnosis-related groups (DRGs) and procedure downgrades. Navigating these challenges requires a robust, integrated and technically focused methodology fueled by collaboration and accountability.  This discussion will provide examples of how health care providers have responded to these challenges, lessons learned, and how these successes have driven efficiency gains and margin improvement.

Learning objectives:

  • Learn how denials have changed, what that means and how they can be managed.
  • Understand the real-world capabilities of artificial intelligence (AI) and technology to contain costs and support denial avoidance.
  • Learn how multifunctional teams can provide the keys to unlocking improved financial performance while elevating employee satisfaction.

 

2024-25 tax update

Exploring tax trends and laws affecting health care

On-demand
One CPE credit available for eligible participants

Understand the latest tax law changes affecting the health care industry. In this session, we discuss common transactional issues specific to the health care industry and explore the intersection between industry trends and taxes. You'll gain valuable insights into navigating the complexities of the changing tax landscape and optimizing your tax position.

Learning objectives:

  • Learn about new tax legislation.
  • Understand the impact of tax legislation on your organization.
  • Identify the intersection between industry trends and taxes.
     

 

2024-25 accounting and audit update

Navigating audit and accounting trends in health care

On-demand
One CPE credit available for eligible participants

Stay at the forefront of accounting and auditing developments in the health care industry. Our expert speakers offer a comprehensive overview of the latest updates from the Financial Accounting Standards Board (FASB) and the Governmental Accounting Standards Board (GASB). Explore how these changes may affect your annual financial statement audits. Additionally, we'll delve into emerging trends in health care accounting, equipping you and your teams with the knowledge to enhance your organization’s financial performance.

Learning objectives:

  • Identify recent accounting and auditing matters that will affect your organization.
  • Apply recent FASB and GASB (yellow book) updates to your financial statements.
  • Understand the latest trends in health care accounting.

 

Event details

  • Date and time
  • Wed, Sep 25, 2024
  • 10 a.m. ET | 9 a.m. CT
  • Intended audience
  • Health care leaders and professionals across the finance, operations, executive leadership, tax and audit industries.
  • Duration
  • Up to seven hours live and on-demand
  • CPE credits
  • Up to six CPE credits will be issued to eligible participants
  • Fee
  • Complimentary

 

Source: RSM US LLP.
Reprinted with permission from RSM US LLP.
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