Risk is an inevitable part of the work we do, particularly within the context of health care. At the AICPA’s Health Care Industry Conference, we’ll show you how to evaluate old habits on mitigating risk – and reframe risk to your advantage.
Come to Las Vegas for a forum where experts and practitioners convene to share knowledge and insight on guiding industry-specific financial decisions. The conference’s in-depth coverage combined with panel discussions, Q&As and networking will help you lead your clients and organization confidently through key challenges and opportunities ahead.
This includes sessions from the conference: Health Care Industry Conference 2018
Welcome and Introduction & Vegas Strong - Responding in the Face of Disaster (Nov 07, 2018 12:30 PM)
Managing FMV & Commercial Reasonableness Risk for Health System Practice Losses (Nov 07, 2018 03:25 PM)
Private Equity and Health Care Investments (Nov 07, 2018 04:50 PM)
Revenue Cycle Optimization (Nov 07, 2018 04:50 PM)
YellowBook/Uniform Guidance Update (Nov 08, 2018 07:00 AM)
Fundamentals of Federal Health Care Regulation (Nov 08, 2018 07:00 AM)
Revenue Recognition - Practical Application (Nov 08, 2018 10:55 AM)
Strategic Insight to Empower Healthcare Organizations (Nov 08, 2018 10:55 AM)
Revenue Recognition - Operational (Nov 08, 2018 01:10 PM)
Behavioral Health (Nov 08, 2018 02:35 PM)
Physician Transactions: An Insider Perspective (Nov 08, 2018 02:35 PM)
CFO Hot Topics Panel (Nov 08, 2018 03:55 PM)
How to Stay Independent in a Consolidating World (Nov 08, 2018 03:55 PM)
What Does Disruption in Health Care Look Like? (Nov 08, 2018 03:55 PM)
Implementation Issues on the New Leasing Standard (Nov 09, 2018 07:00 AM)
Blockchain in Health Care (Nov 09, 2018 07:00 AM)
Compliance Hot Topics (Nov 09, 2018 08:00 AM)
Post-Acute Joint Ventures: Market Overview and Case Study (Nov 09, 2018 08:00 AM)
Industry Efforts to Drive Interoperability Progress (Nov 09, 2018 11:05 AM)
This workshop is not available as part of the Online or Flex Pass registration options. This session focuses on the numerous ways that individuals and organizations locate and "mine" your personal information. The presentation includes live demonstrations of how you and your family are likely to be attacked and the easy steps that anyone can take to prevent becoming a victim. The audience will learn immediately how to locate exposed personal data on the internet, properly obfuscate, remove, and secure said data, and prevent further exposure by implementing actionable security measures into their day-to-day lives. We will look at the methods employed by criminals and potential "cyber-stalkers" and then walk through the appropriate defensive measures to mitigate our likelihood of being victimized.
1. Attendees will leave with the knowledge and tools to complete a privacy/security assessment on themselves and their families.
2. Learn how to remove personal information from the internet and prevent further exposure via social media platforms, mobile devices, and other security attack vectors.
This presentation will go over UMC's experience of the shooting that occurred on October 1, 2017. During the session, the speaker will cover what the medical center did well during the incident, what they learned, etc.
1. Understand the importance of Incident Command Center.
2. Learn how to prepare and manage through crisis.
3. Discuss the importance of communication during a crisis.
Losses on physician practices present a significant compliance risk for health systems based on government enforcement trends. Such losses are generally considered to be “red flags” for FMV and commercial reasonableness (“CR”). Since losses on physician practices are common, most health systems face significant enforcement risk for FMV and CR issues. This session will discuss these enforcement trends and analyze the unique reasons why most health systems lose money on their practices. It will also provide a framework for health systems to address the enforcement risk emerging from their practice losses.
• Learn about enforcement trends involving practice losses
• Understand the causes of practice losses in health system practices
• Develop an enterprise risk management approach to address practice losses
This session will be a general overview of the healthcare private equity market.
1. Obtain a better understanding of recent trends.
2. Discuss areas of interest for investment, valuation multiples, etc.
The primary objective of this session is to educate participants on how the use of Artificial Intelligence (e.g., machine learning, Natural Language Processing), Applied Data Sciences and RPA is transforming and automating revenue processes throughout the healthcare industry and will be a key factor in optimizing future revenues for healthcare providers.
• Discuss high level views on the technology and impact to the business
• Discuss the challenges and risks with deploying these tools
• Discuss the advantage of more robust integration capabilities.
This session will describe the changes in the 2018 revision to Government Auditing Standards the 'Yellow Book') as well as the 2018 OMB Compliance Supplement. The 2018 OMB Compliance Supplement is unique in that it does not stand on its own and now auditors will have to use it in connection with the 2017 OMB Compliance Supplement. This session will also discuss any regulatory developments that may affect the Uniform Guidance.
1. Indicate the changes to the 2018 Yellow Book
2. Recognize how the 2018 OMB Compliance Supplement is to be used
Health care providers must navigate a complex array of federal laws that govern how they conduct their business and operations. This session provides a general overview of the health care regulatory environment by outlining four important federal statutes. The session will cover the False Claims Act, the Anti-Kickback Statute, and the Physician Self-Referral Law (Stark), which are intended to combat health care fraud and abuse, as well as the Health Insurance Portability and Accountability Act (HIPAA), which protects the privacy and security of patient health information.
1. Understand the key concepts of each law.
2. Learn what each law requires, how it applies in the health care context, and the penalties for violations Recognize common compliance risk areas facing providers.
This session will focus on the practical application of Revenue Recognition.
- Provide an understanding of the impact of ASC 606 on health care providers
- Update attendees on the status of the AICPA health care revenue recognition task force guidance
- Provide an overview of the AICPA Audit and Accounting Guide for Revenue Recognition with a focus on Chapter 2, General Auditing Considerations
This session will provide background information on the current challenges healthcare organizations face as they navigate the transition to value-based care and review a framework for strategic action.
1. Understand the transition from fee-for-service to value-based care.
2. Identify key issues and associated strategic options for organizations as they evolve to meet these challenges.
This session on Revenue Recognition will focus on the operational matters and considerations. It will provide an opportunity to explore revenue recognition issues from Healthcare financial reporting perspective.
1. Gain understanding of implementation consideration for new revenue recognition guidance.
2. Learn about operational matters pertaining to the adoption of ASC 606