The coming effects of the healthcare reform law were a frequent topic of conversation at the Healthcare Financial Management Association's 2010 Annual National Institute.For complete HFMA coverage including videos and reader comments, please click here.Held at the Venetian and Palazzo hotels and Sands Expo and Convention Center in Las Vegas, numerous sessions centered on reform and its ramifications, with speakers discussing fraud and abuse, provider reimbursement and state finances.
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Dawn Crump, network director of compliance for SSM Health Care-St. Louis, talks with Modern Healthcare finance reporter Melanie Evans about Medicare's Recovery Audit Contractor program.
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Here are a few random thoughts from the Healthcare Financial Management Association's Annual National Institute earlier this week in Las Vegas. Now, it's time to retire the phrase “burning platform” from the speaking circuit as a clever way to describe a crisis that's too late to be avoided.
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Hospitals and their affiliated physicians who wait until the last minute to figure out how to accept bundled payments for episodes of patient care will be at a significant competitive disadvantage when bundled-payment systems become more prevalent.
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The Patient Protection and Affordable Care Act provides that once an overpayment is identified by the provider, the provider has 60 days to return the money to the government.
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Leah Binder, CEO of the employer coalition the Leapfrog Group talks with David Burda, Modern Healthcare editor, about how value-based purchasing might affect the relationship between employers and providers, in a discussion at the HFMA 2010 Annual National Institute.
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Investors continue to exit short-term bond markets that offer tantalizing but risky debt for not-for-profit healthcare borrowers, said healthcare finance insiders in Las Vegas on the final day of a yearly meeting for the industry's finance, treasury and accounting professionals.
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Glenn Steele, president and CEO of Geisinger Health System, talks with Modern Healthcare finance reporter Melanie Evans at HFMA's Annual National Institute about how Geisinger is working to reduce costs and improve quality.
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Lisa Goldstein, senior vice president and team leader, healthcare ratings, for Moody's Investors Service, describes financial pressures facing not-for-profit borrowers in a conversation with Modern Healthcare finance reporter Melanie Evans at HFMA's Annual National Institute.
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If the annual and well-attended legal update at the HFMA's Annual National Institute is any indication, healthcare providers are sailing into a stormy sea of new fraud and abuse provisions.
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I am more convinced than ever that this legislation will force my hospital to be purchased by a larger health system in the next three to five years.
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Healthcare borrowers should jointly analyze risks to cash from investment volatility and debt portfolios to avoid violating debt covenants, advisers told HFMA attendees.
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Physicians and nurses can be two of the biggest obstacles to screening emergency room patients for financial assistance, according to three executives from Our Lady of Lourdes Memorial Hospital.
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Christopher Gardner told with humor how he came to be homeless for about a year despite having had good jobs and not facing struggles with drugs or alcohol.
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Richard Clarke, president and CEO of HFMA, talks with Modern Healthcare finance reporter Melanie Evans about the challenges CFOs face under the health reform law, at HFMA's Annual National Institute.
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Debora Kuchka-Craig, HFMA chairwoman and vice president of managed care for Medstar Health, talks about the challenges facing healthcare financial managers with Paul Barr, Modern Healthcare news editor, at the HFMA Annual National Institute.
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Stuart Guterman, assistant vice president and director for the Commonwealth Fund, describes to Vince Galloro, Modern Healthcare reporter, how Medicare has changed and is likely to change, at HFMA's Annual National Institute.
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Modern Healthcare reporter Vince Galloro offers a wrap-up of Tuesday's HFMA Annual National Institute and a preview of Wednesday's highlights.
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States, already grappling with budgets squeezed by the recession, will struggle to meet demands of health reform, former Sen. Bill Frist said.
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If you're not aggressively managing cost in the supply chain, “you're losing an opportunity,” said Peter DeAngelis, executive vice president, CFO and COO for Catholic Health East.
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Not-for-profit healthcare borrowers face expanded disclosure of interest rate hedges that drained cash from balance sheets during the credit crisis, an accounting expert told attendees.
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Healthcare executives are facing headwinds in trying to manage their defined-benefit retirement plans, according to speakers at the HFMA's Annual National Institute.
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Not-for-profit hospitals need to better document the community benefit that they perform as fiscally strapped governments look more closely than ever at hospitals' tax exemptions, a consultant says.
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Hospitals have become sink holes for valueless expenditures. While this occurrence is not necessarily their fault since they are required to be in compliance with innumerable federal and state surveillance programs, much of hospital care portends little patient value.
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Modern Healthcare will host a webcast discussion on the roles that illiquid alternative investments play in investment portfolios in the wake of the credit crisis at 10 a.m. Central June 29.
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Paul Barr, news editor, Modern Healthcare, discusses federal legal enforcement issues with attorney Patrick Coffey at HFMA's Annual National Institute.
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Modern Healthcare reporter Vince Galloro offers a wrap-up of Monday's HFMA Annual National Institute and a preview of Tuesday's highlights.
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Modern Healthcare News Editor Paul Barr discusses the repercussions of healthcare reform with Melinda Hancock, interim CFO for Bon Secours Health System and vice president of finance for Bon Secours Richmond, at this year's HFMA Annual National Institute.
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The nation's health reform law expanded coverage but did not go far enough to control costs, consultant Ian Morrison, an author and futurist, told attendees at the HFMA's Annual National Institute.
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Lambert van der Walde, former capital markets adviser to several CMS administrators, said that hospitals made out better than any other part of the healthcare system in the reform law.
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Got something to say to Modern Healthcare? Then say it to David Burda, the magazine's editor, who will be manning the Modern Healthcare booth tomorrow at HFMA's Annual National Institute in Las Vegas. Burda will be at Booth #432 on Tuesday, June 22, from 1-2:30 p.m. and from 5-6 p.m.
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Regulators emerged from healthcare reform with new resources and added incentive to pursue healthcare fraud and abuse, compliance experts said at the HFMA's annual meeting in Las Vegas.
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Because it's electronic, the data can be used many ways, looking at individual data and company-wide performance to assist in management oversight, according to Barbara Wadsworth.
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Health systems and hospitals face continued financial strain from the recession despite the economy's signs of recovery, says a final series of HFMA reports and surveys.
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Hospitals and health systems may have recovered from the acute distress of the credit crisis, but strategies that proved riskiest during the market tumult still cast a shadow over balance sheets.
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A strategic approach to operating efficiencies requires a detailed examination and application of process improvement approaches to clinical and administrative processes, says Richard Clarke.
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