As a chief financial officer, you're primarily responsible for overseeing the financial operations within your organization, including managing budgets, financial planning, analyzing costs, ensuring compliance with regulations, reporting financial performance to the board, and collaborating with other departments to make strategic decisions that maintain your organization's financial stability and growth.
We've heard you and have implemented your feedback to curate a customized experience tailored to YOU and your role. What you do is unique and you need the insights and community to make you successful. We recommend attending these sessions while in Washington, D.C.:
Financial Executive Forum
Sunday, April 13, 12:30 PM – 3:30 PM EST
The Executive Forum at the MGMA Focus | Financial Conference is an exclusive, dedicated space to examine the emerging trends and evolving challenges facing CFOs and other financial executives at medical groups and health systems nationwide. Guided by MGMA's industry-leading DataDive benchmarking data and expert insights, today’s ambulatory care leaders will participate with their peers in roundtable explorations of strategies for financial resilience, opportunities for cost containment at scale, improvements to revenue cycle management and strategic budgeting and investments for growth in the years ahead.
WS1: Transparency in Coverage - Putting Payer Negotiated Rate Data to Work for Your Practice
Sunday, April 13, 12:30 PM – 3:30 PM EST
This intensive workshop is designed for participants ready to understand and apply payer negotiated rate data to their financial and managed care strategy, and to consider inputs that will help leaders draft and implement a payer contracting strategy for their organization. The session provides an overview of the Transparency in Coverage (TiC) data set for payer negotiated rates. Instructors will guide attendees through a step-by-step process, learning how to query meaningful data and actually put it to work in payer contract negotiations.
MS1: Discover the Untapped Value of Human Connection
Sunday, April 13, 4:15 PM – 5:15 PM EST
Companies must attract, engage, and retain top talent in today's fast-paced market to stay competitive. According to BetterUp Labs, employees who feel excluded experience a 25% reduction in productivity and a 50% greater turnover risk. This keynote empowers leaders to unlock the value of meaningful connections to foster belonging, innovation, and opportunities within their organization. Audiences will learn to foster a sense of belonging by leveraging significant connections, broaden their vision by embracing diverse perspectives, and unlock opportunities by discovering untapped possibilities.
CON101: What's New in Payer Contracting?
Monday, April 14, 7:30 AM – 8:30 AM EST
This session will cover reasons to tackle payer contracts, including intangible benefits. We’ll discuss how to get started, including types of payer agreements, identifying your payer contacts, and gathering the data you need. Gain insights into asking for rates that make up for years without any rate increase, ongoing cost-of-living adjustments, and the only acceptable termination and amendment language for payer agreements.
CON102: New Medical Equipment: Buy or Not to Buy
Monday, April 14, 7:30 AM – 8:30 AM EST
In this highly interactive and thought-provoking session, we will objectively and critically examine the most important considerations in making the determination for new medical equipment acquisition. We will discuss financial and operational models whilst providing actionable insights.
CON103: Revving Up RCM with AI and Automation for a Lean Workforce
Monday, April 14, 7:30 AM – 8:30 AM EST
This presentation will explore the organization’s journey implementing an infrastructure built on workforce automation and intelligent analytics that holistically addresses the full lifecycle of revenue cycle processes — from front-end registration to back-end billing and collections — across its hundreds of facilities.
CON302: Using Payer Negotiated Rate Data to Optimize the Revenue Cycle
Monday, April 14, 10:15 AM – 11:15 AM EST
Attendees will understand what information is available to healthcare professionals, identify strategies to benchmark managed care contracts, gain insights to inform data-driven payer negotiations and understand ancillary applications that maximize revenue cycle performance. Integrating case studies and audience engagement, we will demonstrate practical applications of the Payer Negotiated Rate data set.
CON303: Expanding Your Practice: Ancillary Services, Coding Optimization, and Revenue Cycle Improvement
Monday, April 14, 10:15 AM – 11:15 AM EST
This session will delve into the development of a strategic expansion plan that aligns regulatory considerations, coding optimization and revenue cycle optimization in anticipation for practice expansion. Learn how to identify and implement sustainable ancillary services and revenue capture models that complement your core practice such as diagnostic services, preventive services, and clinical team augmentation opportunities
CON502: Valuation Considerations for Healthcare Joint Ventures
Monday, April 14, 1:30 PM – 2:30 PM EST
This session will delve into different types of joint ventures within the healthcare industry and the strategic considerations for such joint venture structures. We will discuss common assets that are contributed to joint ventures and the valuation approaches used to determine the value of contributed assets.
CON602: The ROAD to Success: Avoiding Potholes During Negotiations
Monday, April 14, 3:30 PM – 4:30 PM EST
Discover best practices and the characteristics and actions of better performers in payer contracting negotiations. This presentation is filled with case study examples from various negotiations ranging from small practices to clinically integrated networks and large multispecialty clinics.
CON603: Physician Compensation Planning - the ROI of an Early and Often Approach
Monday, April 14, 3:30 PM – 4:30 PM EST
This session will focus on prioritizing physician compensation planning and exploring the financial return on investment (ROI) opportunities that come from proactively and routinely reviewing and updating your physician compensation plans and methodologies. We will discuss the MGMA compensation benchmarks, as well as tools and best practices that can help you develop successful, data-driven plans.
MS2: Disrupt or Be Disrupted: The Tech and Business Trends You Need to Know
Tuesday, April 15, 8:15 AM – 9:15 AM EST
From artificial intelligence and machine learning to the latest developments in fintech, e-commerce, and digital media, Roben Farzad, journalist and host of public radio’s “Full Disclosure” program, investigates the latest trends and emerging technologies that are shaping the future of business and innovation. While providing expert insights on the evolving business landscape, Farzad points to real-life examples of organizations that are successfully adapting to remain competitive in a marketplace that is rife with change and disruption, and highlights which strategies can be leveraged by other companies looking to do the same.
CON702: Washington Policy Outlook with MGMA Government Affairs
Tuesday, April 15, 9:30 AM – 10:30 AM EST
In this session, MGMA Government Affairs staff will provide an update on current and potential policy developments impacting medical group practices. The speaker will discuss the latest legislative and regulatory issues covering topics such as Medicare reimbursement, telehealth, quality reporting, and surprise medical billing.