Board Governance: Essentials of Hospital Finance 2020 — Part II of IV

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A four-part webinar series.

Date:4/7/2020
Start Time:12:00 AM
End Time:12:00 AM
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Provided by MHA Health Institute
Health Institute

Dates & Times

Register for all four webinars and save $200!
Registration for the series remains open until Monday, June 8.
If viewing after the event, a recording will be available.

Part I — Where Governance Models are Going: Trends Toward 2025
Recording for Part I is now available. Register to access the recording.

Part II — Essentials of Hospital Finance 2020
Tuesday, April 7
Noon to 1p.m.
See details below.
Register for Part II only — $225

Part III — Open Meetings in the Age of Technology
Tuesday, May 5
Noon to 1p.m.
Details
Register for Part III only — $225

Part IV — Building and Fostering a High-Performing Board
Tuesday, June 9
Noon to 1 p.m.
Details
Register for Part IV only — $225

Registration for the series remains open until Monday, June 8.
If viewing after the event, a recording will be available.

Each webinar registration fee is for one phone line connection. Each additional phone line connection will be charged a registration fee. Get more value by inviting colleagues to join you on the one connection.

This webinar is being offered at a reduced registration fee to MHA-member hospitals thanks to a generous contribution from the MHA Management Services Corporation. This webinar also is eligible for use of the MHA Health Institute coupon. Note: Coupons were mailed to MHA-member hospital CEOs in December 2019.


Audience

This webinar series is designed for hospital and health system governing boards, CEOs and senior executives, physicians, and other leaders with governance responsibilities.


The following program content was provided by the speaker.


Webinar Series Overview

Trustees play a significant role in the transformation of health care and must demonstrate strong leadership to navigate through the challenges that confront their organizations. The future of health care largely is unknown, and the range of board responsibilities is broad. Hospitals need dedicated and knowledgeable individuals who are willing to commit time, expertise, experience and leadership to the hospital, its mission and the community.

This webinar series will provide participants with the tools to become more effective in their board service. Participants will receive guidance related to governance obligations, legal risks, fiduciary responsibilities, privacy and patient security risks, civil rights responsibilities, and health care fraud and waste.


Part II Overview

Financial oversight of the hospital or health system often is viewed as the main function of the organization’s governing board. The fiduciary duty is one of the core responsibilities of trustees — and health care board members are in a unique position as health care finances are vastly different from many industries. This webinar will offer new and continuing board members an overview of hospital finance for the coming year.

Learning objectives include the following.

  • what to look for in hospital financial statements, including certain revenues and expenses on the income statement and key items on balance sheets
  • understand how hospitals get paid and reimbursed by Medicare, Medicaid and others
  • discuss current key trends, and update the status of certain health care programs


Faculty

Deborah Whitley is a partner in BKD and works out of the Waco, Texas, office. She has more than 25 years of experience working in the health care industry, with a concentration in reimbursement consulting for acute care and critical access hospitals, rural health clinics, and nursing homes.

Whitley has been involved in many of the operational implications of the regulatory changes and how they impact hospital facilities and beneficiaries. She has spent much of her time working to help rural and community hospitals improve their overall Medicare and Medicaid reimbursement. Some of the special reimbursement areas she works with are electronic health record funding, disproportionate share payments, volume adjustments, departmental financial projections, special coding, billing and pricing processes, and reviews in both inpatient and outpatient areas of hospitals.

She is a member of the American Institute of Certified Public Accountants, Texas Society of Certified Public Accountants, Texas Organization of Rural and Community Hospitals, Texas Association for Hospital Financial Administration, and Texas Hospital Association.

Whitley is a graduate from Southwestern University in Georgetown, Texas, earning a B.B.A. degree in accounting in 1985.