WS3: Benchmarking Mastery for Today's Leaders: How to Leverage Your Data for a Competitive Advantage

Eligible for: ACMPE: 3 | ACHE: 3 | CEU: 3 | CME(AAPC*): 3 | CPE: 3.6 | PDC: 3
Interactive | Intermediate | Analysis
Sponsored by HexIQ Inc.

Part 1: 1:00 1:30 PM

Leverage Federal Reporting Requirements to Negotiate Better Reimbursement Rates for Your Practice

Speaker: Anne Saulnier, HexIQ Inc.

The Transparency in Coverage (TiC) Rule requires payers to publish every rate they’ve negotiated for every provider and every code in every service setting every month. While publicly available, this data was previously inaccessible to most organizations due to its magnitude and complexity. MGMA Rates powered by HexIQ makes TiC data available (and understandable) to healthcare leaders as a member benefit. Learn how practices in your specialty are using this game-changing data to benchmark their top reimbursement codes and renegotiate better rates with payers in your state. You know how much you’re worth. Now get the data to prove it.

Part 2: 1:30 - 4:00 PM

Speakers: Andrew Hajde, CMPE, Director, Content & Consulting, Industry Insights, MGMA

Liz Gurley, Senior Manager, Sales Enablement and Data Strategist, MGMA

Shawntea Gordon, MBA, FACMPE, CMOM, Chief Revenue Cycle Officer, H4 Technology, LLC

In this highly interactive workshop, leaders will gain mastery in benchmarking techniques and learn how to effectively leverage data to gain a competitive advantage. Through hands-on exercises and practical examples, participants will explore essential tools, including those available from MGMA, along with strategies that drive revenue growth and enhance critical aspects of their organizations' performance. With a specific focus on medical practices, attendees will discover how to apply tools such as SWOT analysis, pro formas, and MGMA DataDive, including the Procedural Profile, to make informed decisions and achieve immediate results. Real-world challenges and scenarios will be discussed and applied throughout the session, ensuring actionable insights that can be implemented right away.