United States

Improving Revenue Cycle Outcome: Harnessing the Power of Process Analytics and Automated Workflow

Wednesday November 05, 2014 2:00 PM - 3:00 PM EST
From Healthcare & Life Sciences Institute

KPMG Healthcare & Life Sciences Institute


Event Overview:
Recently organizations have turned their attention toward improving revenue cycle processes and activities in an effort to increase efficiency, reduce costs and – ultimately – shore-up sagging margins. While some improvements have been made industry-wide, few organizations have taken full advantage of the opportunities to achieve significant results from their efforts.

By incorporating business process management (BPM) and a process analytics approach, organizations can start to understand not only where the anomalies are in their processes, but also identify the root causes of those anomalies. Knowing your organization has a problem is great; but knowing how to resolve that problem and reduce process cycle time is best. With automated BPM, it’s not just about solving a single problem, but rather seeing how the problem manifests and interrelates across the entire revenue cycle ecosystem which, in turn, can lead to opportunities to drastically reduce local optimization within the revenue cycle. Featured speakers, Steve Scibetta, Senior Director Channel Sales, Ontario Systems, and KPMG revenue cycle professionals Randy Notes and Michael Duke will discuss key items including:

  • Process analytics and how to use these techniques to drive results
  • Approaches to developing automated workflow solutions
  • Using business process management (BPM) as a competitive advantage
  • Applying business rules consistently to drive higher performance
  • The evolution of the revenue cycle and how it impacts future industry changes and how you can be prepared