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February 2018

Feb 13

Region 8 MN Sponsored Webinar

Category: Webinars

Tuesday 12:00 PM - 1:00 PM


Feb 15

MN HFMA Platinum Sponsor Webinar - Clear Balance

Category: Webinars

Thursday 12:00 PM - 1:00 PM
MN HFMA Feb. 15 webinar, 12-1P CT
Speaker: Pete Thompson, Sr. Solutions Architect, ClearBalance


Transforming the Revenue Cycle to Survive and Thrive in a Consumer-Driven Landscape

There?s much at stake for a patient pay strategy that differentiates a health system and creates loyal consumers. The pace of change in healthcare is slow, but disruptors, consolidation and consumer expectations mean healthcare organization leaders must react and adapt swiftly rather than risk losing market share. Join us to hear how your peers are transforming their revenue cycle workflow and patient pay experience to solidify their organization as the care location of choice in their market.

Learning Objective 1:
Takeaways from new research that highlights CFO/VP PFS priorities for a patient pay experience

Learning Objective 2:
Connecting core revenue cycle systems and workflow with the right patient-facing solutions to create a seamless patient pay experience and make care affordable

Learning Objective 3:
Solution criteria, best practices and lessons learned along the path to consumer-driven healthcare

Who should attend
CFO, VP/Director/Manager Revenue Cycle, Patient Financial Services, Patient Reimbursement, Patient Access, Patient Experience

About the Speaker
Pete Thompson nearly 20 years (total CB & Cardinal) experience in the healthcare industry. For nearly 15 years at ClearBalance, Pete has consulted with leading healthcare organizations to define and deliver patient pay solutions that return impressive results for financial performance and patient and staff satisfaction. He understands the revenue cycle workflow and how best to adapt it to changing demands of healthcare consumerism. Pete is a frequent speaker on patient pay trends and solutions.

About ClearBalance
ClearBalance has been at the forefront of patient pay services for 26 years, setting and delivering a high bar for financing solutions, patient pay reimbursement, revenue cycle IT expertise and the patient/consumer service experience. Serving more than 800 facilities nationwide, ClearBalance maintains the industry?s highest level of patient pay reimbursement. Healthcare providers that rely on ClearBalance for a patient pay experience see an average 260% ROI for patient reimbursement in the first 12 months. Ninety percent of account holders likely will return to a healthcare provider that offers the ClearBalance program and 88 percent will recommend that provider to friends and family.1


Feb 20

Revenue Recognition Changes for Healthcare Entities

Category: Webinars

Tuesday 11:00 AM - 12:00 PM
In May 2014, the Financial Accounting Standards Board (FASB) issued an Accounting Standards Update (ASU) 2014-09, Revenue from Contracts with Customers. This standard will significantly impact how health care entities, especially hospitals, account for certain types of revenues. The guidance changed how and when revenue will be recognized, primarily related to self-pay patients. Hospitals will need to be working closely with their business offices and revenue cycle personnel to ensure that the appropriate information is gathered in order to implement this standard.

Learning Objectives
? Define certain terms that will need to be understood to effectively adopt the provision of ASU 2014-09
? Discuss concept of a contract under the principles-based guidance
? Discuss the concept of reasonable expectation of payment as it relates to this standard
? Discuss the portfolio approach to adopting the provisions of this standard
? Understand changes to the presentation of certain items in the financial statements