Financial Implications: The Push From Inpatient To Outpatient Care

Financial Management
Advanced

Starts from: October 19, 2014 5:00PM - 7:30PM

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Campus Location

1304 Franklin Ave, Normal, IL ,United States

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Course Feature

Course Code Not offered for this course
Duration 1.5 Hours
Course Type Short Course
Classes Days One Day Class
Campus Class will be held Online
Min Qualifications Open to Healthcare Professionals

COURSE RELATED MATERIALS

Class Description

Financial Implications: The Push From Inpatient to Outpatient Care: The prospect and implementation of significant healthcare reform, partly as a result of the Patient Protection and Affordable Care Act, had caused healthcare organizations to reconsider their strategy and policies as they relate to revenue, volume, clinical operations, and human resources. Healthcare organizations- especially hospitals and ambulatory care centers- have witnessed a changing financial landscape as it relates to the healthcare reform policies.

Financial Implications: The Push From Inpatient to Outpatient Care The prospect and implementation of significant healthcare reform, partly as a result of the Patient Protection and Affordable Care Act, had caused healthcare organizations to reconsider their strategy and policies as they relate to revenue, volume, clinical operations, and human resources. Healthcare organizations- especially hospitals and ambulatory care centers- have witnessed a changing financial landscape as it relates to the healthcare reform policies. One element of healthcare reform has been the shift from inpatient to outpatient care. Outpatient care encompasses all patients who seek medical care that are not officially admitted to a hospital under the inpatient status. Observation status is considered an outpatient level of care. The shift from inpatient to outpatient care, which has been partly driven by payers across the financial continuum, aims to reduce healthcare costs associated with expensive inpatient admissions and to provide safe, efficient care in the most cost-effective setting. The degree of financial impact from this shift in care deliver structure will vary from organization to organization, however all organizations will be affected. Join Central Illinois American College of Healthcare Executives and Aron Klein, Robert Miller, Paul Pedersen and Dawna Menke for this 90-minute presentation, including Q&A, to financial strategies to thrive in an competitive industry.

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This 90-minute program will cover a wide-range of topics related to Financial Implications: The Push From Inpatient To Outpatient Care. We will cover the following:

Healthcare reform and how it relates to inpatient versus outpatient care
Observation level care
Reclassification of inpatients to observation level of care
Financial strategy during healthcare reform
Costs of creating outpatient care networks and payer relations

Cost for this program are completely “FREE” to healthcare professionals

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We also have bundle options located on “Investment” page
We also offer organization and corporate discounts contact us for more info
2% of all webinar revenue generated will be used to provide financial support for a selected graduate of an MBA or MHA program who is selected to complete an administrative fellowship at a newly created healthcare organization

Here is a list of facilitators

Aron Klein, FHFMA, CPA, Vice President of Finance, Adovcate BroMenn Medical Center
Robert Miller, FACHE, Vice President, Operations, Adovcate BroMenn Medical Center
Paul Pedersen, MD, CMO, OSF St. Joseph Medical Center
Dawna Menke, MHA, HCM, Administrator, SwedishAmerican Health System

Here is a list of organizations participating with this program

Central Illinois Chapter of ACHE
Advocate BroMenn Medical Center
St. Joseph Medical Center
SwedishAmerican Hospital

With this presentation, you will gain insight and tactics to:

Healthcare reform and how it relates to inpatient versus outpatient care
Observation level care
Reclassification of inpatients to observation level of care
Revenue differences between inpatient and outpatient care
Financial strategy during healthcare reform
Costs of creating outpatient care networks and payer relations

Facilitators:
Aron Klein, FHFMA, CPA, VP of Finance, Advocate BroMenn Medical Center
Robert Miller, FACHE, VP, Operations, Advocate BroMenn Medical Center
Paul Pedersen, MD, CMO, OSF St. Joseph Medical Center
Dawna Menke, MHA, HCM, Administrator, Swedish American Hospital

Organizations:
Central Illinois Chapter of ACHE
Advocate BroMenn Medical Center
St. Joseph Medical Center
Swedish American Hospital

Dawna Menke, FACHE

(SwedishAmerican Medical Center/Belvidere, Administrator )

Vast knowledge of health care services, operational and strategic development experience and working towards VP to COO position at an integrative health care system.
John Hesse, MHA

(Advocate BroMenn Medical Center, VP Business Development)

John is the Vice President of Business Development for both of the Advocate facilities in central Illinois and a member of ACHE. BroMenn is a 221- bed acute care facility that has served and cared for the people of central Illinois for nearly 115 years,...
Paul Pedersen, M.D.

(OSF St. Joseph Medical Center, VP and Chief Medical Officer)

Dr. Paul Pedersen is currently the Vice President and Chief Medical Officer at OSF St. Joseph Medical Center, Bloomington Illinois. OSF St. Joseph Medical Center is a 149 bed, not for profit, acute care, and Level II Trauma Center facility. Dr. Peders...
Robert Miller, FACHE

( BroMenn Medical Center, VP Operations Advocate)

Bob Miller is currently the Vice President of Operations at Advocate BroMenn Medical Center in Normal, Illinois and Advocate Eureka Hospital, Eureka, Illinois. BroMenn is a 221- bed acute care facility that has served and cared for the people of central I...