Healthcare financing is one of the essential components of health care systems. Finance or healthcare finance is defined as finances within the healthcare industry, including an accounting specialty and a financial management specialty.
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The healthcare industry is facing significant challenges including declines in margins, decreasing patient volumes and strained payer relations. As the labor crisis exacerbates operational issues and inflation drives up the cost of supplies, hospitals must find new ways to manage revenue and focus on what matters most: the patient. In this session, Jonathan Wiik, author of "Healthcare Evolution: Helping Providers Get Paid in an Era of Uncertainty," will discuss how successful organizations are using people, process and technology to change healthcare's financial paradigm. Tonie Bayman will also share her journey at Memorial Hermann Health System and provide insights on patient engagement, finance, and loyalty.
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