First Midwest Healthcare Business Intelligence (BI) Summit October 27 in Minneapolis; International Panel to Discuss New Regulations, Recession, & BI Best Practices

Healthcare today is rife with mountains of actionable data waiting to be analyzed and leveraged to find new revenue and improve operating efficiencies for significant cost savings, using a systemic analytical approach to data called Business Intelligence (BI). According to Health Leaders, a health industry publication, more than 150 Provider Organizations across the United States have gone bankrupt or closed in the past 10 years due to financial instability. With the recession predicted to last into 2010, many healthcare organizations will continue to face critical challenges unless they immediately begin to improve their financial performance and operational efficiencies by utilizing a BI solution as part of their business operations strategy. Presenting regional and international experts, The Midwest Healthcare Business Intelligence Summit October 27, 2009, in Minneapolis might be the most important business strategy conference ever dedicated to delivering return on data for healthcare organizations looking for recession survival skills and enhanced decision-making for the long term.

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The Midwest Healthcare Business Intelligence Summit will help healthcare leaders -- as well as pharmacy benefit management companies, third-party payers, medical device, and other professionals who work in peripheral healthcare industries

Burnsville, MN (PRWEB) July 31, 2009

Minneapolis-St. Paul, MN (PRWEB) July 31, 2009 -- Healthcare professionals from across the Midwest are expected to attend the first Midwest Healthcare Business Intelligence (BI) Summit October 27, 2009, to discuss the core challenges and real-world solutions to better manage their organizations. This timely, all-day event will take place at The Depot in downtown Minneapolis from 7:30 a.m. to 6:00 p.m. The Summit organizers also announced the first slate of speakers participating in the program (See Below).

Cost of the event, which includes breakfast, lunch and reception, is $195.00. : Register online or call 952-230-9283 before August 15 to receive 25% off.

According to Summit Executive Board members, Tom Niccum, Ph.D., and Laura Madsen, M.S., this event will demonstrate the business value and strategic competitive edge BI provides to the many facets of the healthcare industry -- even in a dismal economy (Scroll down for Summit Backgrounder).

First Speakers Identified; Additional Sponsors Wanted

"The Midwest Healthcare Business Intelligence Summit will help healthcare leaders -- as well as pharmacy benefit management companies, third-party payers, medical device, and other professionals who work in peripheral healthcare industries," Madsen said. "Attendees will learn about the impact Business Intelligence can have to enhance their every day processes, including, but not limited to finance, clinical and process improvement efforts, new regulations, and other issues.

"The sessions are designed for non-technical leaders of health plans, hospital systems and others," Niccum emphasized, "who want to explore high-level topics in a meaningful way with leading healthcare management practitioners from the region and abroad. We expect to announce one or two more speakers and additional sponsors who are interested in tackling the operational challenges that healthcare faces in this unusually difficult economic environment."

Speakers to date include (click on names for more information):