Join us for Prime Care Technologies' August 2-3 Virtual Tradeshow. This show features seven strategic sessions with top post-acute providers and vendors who will discuss highly-efficient solutions for meeting your operational demands in purchasing, regulatory, staffing, revenue, claims and more.
Wednesday, August 2
10:30-11:30 a.m. ET
Executive Decision-Making: Leveraging Facility Data as Business Intelligence
Speaker: Kim Sonderegger, Pinnacle Quality Insight
Panel: Samantha Broussard, Plantation Management; Eric Rivard, Plum Healthcare Group, Cheryl Field, Prime Care Technologies
12:30-1:30 p.m. ET
E-Procurement: Innovative Management of Healthcare Spend
Speaker: Jessica Spencer, Medline Industries
Panel: Pam Mink, Foundation Health Services and Rusty Zosel, Procurement Partners
2-3 p.m. ET
CMS Requirements for Participation: Need-to-Know Compliance Tips for Long-Term Care
Speakers: Clifton Porter, AHCA; Clint Maun, Maun-Lemke, LLC
Panel: Cheryl Field, Prime Care Technologies
Thursday, August 4
10:30-11:30 a.m. ET
Revenue Cycle Management; Cash is King
Speaker: Clint Maun, Maun-Lemke, LLC
Panel: Becky Yocum, American Healthcare, Patti Bolen, Southern HealthCare Management and Kimberly Sturm, Prime Care Technologies
Cybersecurity: Protecting Your Critical Points of Access
Speaker: Fred Layfield, Prime Care Technologies
Panel: Jim Hoey, Prime Care Technologies
2-3 p.m ET
Attracting and Retaining Staff in a Competitive Market
Speaker: Lisa Thomson, Pathway Health
Panel: Diane Harrison, Magnolia Manor; Barbara Wilkins, Kindred Care/Rehab-Greenbriar; Joe Stone, Prime Care Technologies
3-4 p.m. ET
Healthcare Risk Management: Employee Safety Practices to Prevent Liability
Speaker: David Mathog, USI Insurance Services
Panel: Joe Stone, Prime Care Technologies
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Topics: KPI automated revenue cycle management system revenue cycle management applicant tracking BI dashboard dashboard, data data warehouse resident liability Using Business Intelligence patient liability business analytics LTC Claims staff reporting managed services CLAIMS AUTOMATION LTC recruitment CMS compliance for LTC LTC insurance solutions LTC risk management healthcare risk management employee safety cybersecurity e-procurement healthcare spend management LTC facility data CMS requirements
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Prime Care Technologies will host two sessions offering five tips to ensure regional and facility Post-Acute leaders to deliver the performance expected of them. One session is geared toward Administartors and Executive Directors. The second is for other Executives.
- Use real time visibility into operations metrics to immediately course correct by region, state and individual
- Enhance performance NOW around cash flow, payer mix, and collections
- Focus on ongoing performance improvement across all your locations, while ensuring strong financial and operational results
- Develop and strengthen relationships with local hospitals and ACOs
- Employ staffing plans which adjust to changes in acuity and census
- Apr 12, 12:30 pm - The Administrator Key: Managing Stakeholders, Facilities and Staff (Click to Register)
- Apr 13, 2 pm - The Executive Key: Managing Stakeholders, Facilities and Staff (Click to register)
Chief Product Officer and 25+ year post-acute care expert, Cheryl Field, will host.
You don't want to miss this one.
Prime Care Technologies was one of the sponsors for the AHCA Regional Multi-facility CEO Dinner in Washington D.C. on April 5th.
Bill Briggs, Vice President Business Development, spoke on "Chart Your Course?" His presentation focused on "Operational Drag vs. OpEx?" and ways to let your organization evolve as quickly as LTC does.
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Data is everywhere; it’s pervasive. The challenge as well as the opportunity lie in retrieving the raw data and converting it into useful and actionable information. In the past, we have posted a number of blogs on a wide range of Business Intelligence (BI)/data mining-related topics - from Payroll-based Journal (PBJ) reporting to data-driven decision making, from BI’s role in helping providers stand out in the ACO crowd to how BI helps providers demonstrate value, and so on. But let’s step back and reexamine what has driven BI to become what it is today.
Long Term Care (LTC) providers are sitting on a vast reservoir of data. However, many do not have the resources to tap into that data and to convert it into something useful to solve current problems, to seize emerging opportunities, and to plan for the future. But, where to start?
Let’s wrap our arms around what BI’s purpose would, could, and should be. Succinctly put, BI reports, provides online analytics, and delivers Key Performance Indicator (KPI) visualization and monitoring.
As we visit with our BI customers and industry leaders across the country, we’ve observed that decision makers use BI to measure, monitor, and act on clinical quality outcomes, financial analysis, operational performance, cost management, compliance, and market-specific information. Executives use such information to take direct action, as needed, and to work with their teams to better align performance with company and facility-specific benchmarks/goals.
BI drives development and market acceptance
The evidence is clear that no one thing has been the agitator for BI acceptance and growth. Rather, the following factors have each played a contributing role:
- Federal and state health reforms
- Availability of healthcare-related data
- The imperative to identify and control costs
- Quality Assurance and Performance Improvement (QAPI)
- The need to increase customer satisfaction
- The demanding and complex regulatory environment, such as PBJ reporting, HIPAA, etc.
- Cloud-based computing technologies
- The availability of data through IT adoption
- Health Information Exchanges (HIEs)
- New value-based payment models
- And others
Who uses BI? Here is a “short list” of those who rely on and use BI:
- BI software and services providers
- Healthcare providers
- Healthcare payers
- Accountable Care Organizations (ACOs)
- Managed Care Organizations (MCOs)
- Health Information Exchanges (HIEs)
- Federal and state governments
All of these entities and people have a stake in the BI world and they all have some influence on how providers conduct business.
What this means to you
If you haven’t yet fully caught the larger vision of what BI has become and could be, you need to do so now or you will be left behind. In today’s world, the old manual ways of gathering and processing data, responding to the information gleaned, and taking action are too slow and cumbersome. Besides, some stakeholders, such as government agencies, are not giving you a choice. I highly recommend that you conduct an assessment of your organization’s BI needs today and in the future and devise a plan to help you ramp up as quickly as possible. A sure bet, is to look at existing BI tools, like PCT’s primeVIEW, designed for LTC providers, like you.