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For further information on this program, contact the FHA Education Department at education@fha.org or (407) 841-6230.
Price Transparency: What Is Next?
Wednesday, February 24, 2021
3:00 p.m. - 4:30 p.m. EST | Webinar
Overview
Today's health care consumer presents new challenges for health care providers, as patients continue to be faced with an increased responsibility in health care costs, forcing them to "shop" services, which creates a need for meaningful and readily accessible price transparency. The Centers for Medicare & Medicaid Services (CMS) Price Transparency Requirements, implemented on January 1, 2021, are presenting logistical challenges for providers.
This presentation focuses on reviewing the requirements, outlining the consequences of non-compliance, and explaining the four critical tasks for compliance. We will also discuss what is on the horizon as hospitals navigate challenges surrounding rational pricing methodologies and payer contract management concerns.
Learning Objectives
Upon completion of this webinar, attendees will be able to:
- Summarize the required elements of the CMS Price Transparency mandates
- Describe the consequences of non-compliance
- Examine eight hospital revenue streams and pricing strategies for each
- Define the payer contract implications of price transparency and actions to protect net revenue
Speaker
Randi A. Brantner, MBA-HA
Vice President of Analytics
PARA HealthCare Analytics
Suggested Audience
C-Suite, Finance Managers, Revenue Integrity Managers, Billing Managers, Patient Financial Services, Managed Care Directors, HIM Directors, Chargemaster Managers, Pharmacy Directors, and Materials Management Directors
Learning Objectives
Upon completion of this webinar, attendees will be able to:
- Summarize the required elements of the CMS Price Transparency mandates
- Describe the consequences of non-compliance
- Examine eight hospital revenue streams and pricing strategies for each
- Define the payer contract implications of price transparency and actions to protect net revenue
This complimentary webinar is open to FHA member hospital and health system employees.
Please register online to receive webinar access instructions.
Space is limited. A recording of the program will be sent to registrants who are unable to join.