Rural and suburban hospital viability and independence
Rural and suburban hospital viability and ability to maintain independence hit the top of the list of topics at the Indiana HFMA Spring Institute May 20-21 in Indianapolis, Indiana.There was an important panel focusing on rural and suburban hospital viability and ability to maintain independence hit the top of the list of topics at the event with a CFO-led panel featuring:
- Jeff Wakefield, Marion General Hospital
- Brenda Baker, Riverview Health
- Marlene Weatherwax, Columbus Regional Hospital
- John Kraft, Woodlawn Hospital
Conference participants noted that revenue cycle management is a big part of maintaining viability for independent hospitals and will continue to be important through the next decade and beyond.
“Artificial Intelligence was another big topic of conversation among the attendees. Specifically, people were asking how AI can help cut costs while still keeping the organization compliant, and what AI companies are offering. AI is going to be a big thing going forward, and it’s not going away anytime soon.” Eric said.
The HFMA Networking Committee sponsored a raffle for an Amazon Ecco with Angie taking the lead to select a charity to benefit from the proceeds. Angie chose the Hoosier Burn Camp which will receive $750 from raffle ticket sales. Hoosier Burn Camp is a nonprofit organization committed to providing life-changing experiences for young people who have suffered the physical and emotional trauma associated with a severe burn injury. Meduit is proud to be part of making a difference in the community wherever we can.
The Spring Institute featured sessions on other issues of interest, including:
- When Payors Won’t Listen: The Power of Asking Questions in the Appeal Process
- Things Medicare Advantage Plans Don’t Want You to Know
- System Conversions & Upgrades
- Accounting & Auditing Update
- Health Plan Price Transparency and Const Containment
- 2019 Indiana State Legislative Update