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HFMA Presentation on Healthcare Reform

HFMA Presentation on Healthcare Reform. March 1, 2013 Presenter: Wendy L. Wilts SVP Clinical Service Lines VP Planning & Business Development. Reform in healthcare that does not remove cost is NOT reform of healthcare!. Where is the expectation to

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HFMA Presentation on Healthcare Reform

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  1. HFMA Presentation on Healthcare Reform March 1, 2013 Presenter: Wendy L. Wilts SVP Clinical Service Lines VP Planning & Business Development

  2. Reform in healthcare that does not remove cost is NOT reform of healthcare!

  3. Where is the expectation to change the future of healthcare? Hospitals!

  4. Care Continuum

  5. Changing Demand • Expanded enrollment • Insurance exchanges • Economy & job loss “Middle Game” Preparing for what might happen while surviving under current payment model • Decreasing • Reimbursement • National budget deficit • Medicare & Medicaid reduction • Shift in Place • of Service • Moderate inpatient demand • Increased outpatient • demand • New Rules & • Accountability • Payment based on value/quality • Unstable physician payment

  6. Hospital focus – System SOLUTION!

  7. Most progressive organizations are setting a fiscal target for future reform • How much cost would need to come out of your system to cover projected changes in reimbursement?

  8. Future success in reform of healthcare We are pleased to announce the marriage of our departments Finance & Operations

  9. New tools & new approach • Cost Management Systems • Finance Management • Human Capital Management & Payroll • Supply Chain Management

  10. New skills – Analytics, Data Mining, Actuarial

  11. “Middle Game” Preparing for what might happen while surviving under current payment model

  12. Thank you!

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