Waltham, MA (PRWEB) June 07, 2016
Connance, Inc. (http://www.connance.com), the industry’s premier source of predictive analytic technology solutions that optimize financial and clinical workflows, today announced that Tracy Berry, Vice President, Revenue Cycle Management at BJC HealthCare, one of the largest nonprofit health care organizations in the United States, and Steve Levin, CEO of Connance will be speaking at HFMA’s 2016 Annual National Institute in Las Vegas on Tuesday, June 28 about how BJC created a virtual, self-pay central business office (CBO) integrating vendor management technology and predictive analytics.
In this educational session attendees will hear how BJC HealthCare transitioned from a decentralized self-pay operating approach with multiple locations, vendor networks and patient accounting systems to a system-driven solution. Local policies, processes and vendor approaches were synergized to enable BJC to deliver their patients more consistent and satisfying experiences while also improving system financial performance.
Join this session to learn how to:
- Recognize opportunities to set new operating routines when migrating to a CBO structure,
- Set realistic goals and expectations when planning revenue cycle transitions,
- Identify different strategies to utilize charity and other predictive analytics,
- Understand the specific roles and requirements for vendor management technology, analytics and people, and
- Communicate the program to employees and partners.
Additional takeaways include: common sources of inventory risks in outsourcing processes; tips and insights to get more net cash from vendor networks; and reporting needs and deliverables to properly manage an outsourced operation and realize gains.
HFMA's National Institute is a premier educational event for top decision-makers in the field of healthcare finance.
About Connance, Inc.
Connance is healthcare’s premier source of predictive analytic technology solutions that enable hospitals, clinicians and outsourcing organizations to optimize financial and clinical workflows for sustained performance improvement. Leveraging your data, our data and consumer data, Connance delivers revenue cycle and population health solutions that prioritize activity and tailor your workflows to improve net income, reduce costs, and enhance the patient experience. Connance is redefining workflow optimization in healthcare. For more information call (781) 577-5000 or visit http://www.connance.com.
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