Education Series
NJ HFMA Finance Accounting Capital and Tax Committee Presents:
The Future of Healthcare- Value in Transformation
Tuesday November 11, 2014
Karen Henderson, Chair; Monika Finnegan,Co-Chair
Hotel Woodbridge at Metropark
120 Wood Avenue South, Iselin, NJ08830
For directions see www.hotelwoodbridgemetropark.com/
REGISTRATION AND BREAKFAST:7:30 AM – 8:30 AM
MORNING EDUCATION SESSIONS: 8:30 AM – 12:30 PM
8:30 – 8:45 - Welcome
8:45 – 9:00 - New Jersey Hospital Association Financial Update
Update on current New Jersey Hospital Association advocacy, education and other activities and discussion of relevant healthcare finance issues including healthcare reform and other updates.
9:00 – 9:50–The Transformation of Healthcare
The demand to derive greater value from health care, producing the best patient outcomes at the lowest cost, is pervasive – and urgent. Driven by the value challenge, industry stakeholders are pursuing a variety of strategies. Health care providers are embracing payer incentives to deliver high-value care through such models as pay-for-performance, bundled-payment, global budgets and financial-risk-sharing within accountable care organizations. Payers are finding new ways to partner with providers to add value to the patient experience. This presentation will address the value in new payment and delivery models, mergers and acquisitions, health information technology and other topics.
Gregg SlagerTransaction Advisory Services Healthcare & Life Sciences, EY
Glenn Barenbaum, Senior Manager, Transaction Advisory Services Healthcare & Life Sciences, EY
9:50 – 10:40Payor/Provider Convergence- Panel Discussion
The relationship between payers and providers has often been oppositional, but healthcare reform has been changing that – which leaves the former opponents trying to figure out how to forge new partnerships. Payer and provider organizations are finding common ground in the objective of improved population health, improved patient experience, and reduced per capita costs. Our panel will discuss the challenges, benefits and risks of the recent trend of convergence between healthcare providers and payors, including joint ventures and development of insurance products.
Louis Bezich, Chief of Staff, Executive Director Population Health Management,Cooper Health System
Michael Munoz, Senior Vice President of Sales and Marketing, AmeriHealth
Joseph Berardo, CEO, MagnaCare
Moderator- Joseph McCarthy, Director of Finance, Atlanticare Health System
10:40 – 10:50 - BREAK
10:50-11:40 Quarterly Disclosure Transparency
The Municipalities Continuing Disclosure Cooperation Initiative (the “MCDC Initiative”) is intended to address potentially widespread violations of the federal securities laws by municipal issuers and underwriters of municipal securities in connection with certain representations about continuing disclosures in bond offering documents. Under the MCDC Initiative, the Division of Enforcementof the U.S. Securities and Exchange Commission will recommend favorable settlement terms to issuers and obligated persons involved in the offer or sale of municipal securities (collectively, “issuers”) as well as underwriters of such offerings if they self-report to the Division possible violations involving materially inaccurate statements relating to prior compliance with the continuing disclosure obligations.
Scott Kobler, Partner, McCarter & English, LLP
11:40 – 12:30 Tax Update
The session will provide a current update and overview of tax current issues applicable to healthcare systems, hospitals, physicians, and other healthcare providers. Additionally, this session will include a review of the upcoming provisions of the Patient Protection and Affordable Care Act and how these provisions could affect your business.
Anthony Panico, Partner, WithumSmith+Brown
12:30 PM – 1:30 PM – LUNCH
1:30PM – 4:10 PM - AFTERNOON EDUCATION SESSIONS:
1:30-2:20 Marketplace Update– Panel Discussion
Our panel will discuss market trends and issues with respect to the healthcare marketplace, including mergers, acquisitions, affiliations, collaborations, joint ventures, and related considerations such as the entrance of out of state companies into the marketplace.
Dave Murray, Vice President of Finance, Inspira Health Network
John Doll, Senior Vice President of Finance, Barnabas Health System
Robert Palermo, Vice President, Finance, Meridian Health System
Moderator- Richard Baum
2:20-2:30– BREAK
2:30– 3:20 – Post Physician Acquisition- Panel Discussion
Constant political pressures surrounding the Affordable Care Act and varying interpretation on how to implement the varying components has been a daunting task for many healthcare leaders. Acquisitions of physician groups by hospitals, which are expected to remedy the future uncertainty for provider reimbursements now requires healthcare leaders to develop strategies to successfully integrate and transform those physician practices into high-performing medical groups. Our panel will discuss the operational challenges organizations are faced with after the acquisition of a physician practice, including clinical integration of physicians into the existing organization structure and the ability to achieve goals around quality, efficiency and utilization.
Lynn Lang, RN, BSN, MBA, Chief Strategy and Business Development Officer, Summit Medical Group
Jatin Motiwal,Vice President Physician Practice Administration, Atlanticare Health System
James Karaman, Senior Director, Physician Enterprise and Ambulatory Svcs.,Saint Peter’s Healthcare System
Jim Richvalsky, Vice President Physician Management, CentraState Healthcare System
Sean O’Rourke, Vice President Administration, Holy Name Medical Center
Moderator-Tom Frangione, CFO, Bergen Gastroenterology & Medical Associates.
3:20-4:10A&A Update
This session focuses on the activities of the standard setters, primarily FASB and the AICPA, over the past year. It will discuss new standards and practical matters in which to implement them. This session will also look ahead at developments that could impact the healthcare industry, including not-for-profit organizations.
John J. Walsh, III, CPA, FHFMA, Senior Manager, Healthcare Practice,Baker Tilly Virchow Krause, LLP
4:10 PM – Social Networking Session (light refreshments)
The Future of Healthcare- Value in Transformation
Tuesday, November 11, 2014
NJ HFMA Finance Accounting Capital and Tax Committee
EDUCATION CREDITS
NEW JERSEY BOARD OF ACCOUNTANCY CONTINUING PROFESSIONAL EDUCATION CREDITS
Based on our understanding of the New Jersey State Board of Accountancy’s continuing professional education (CPE) requirements, Sponsor No. 185, this course will qualify for 7.0 CPE credits (including 1.0 credit in Taxation, 2.0 credits in A&A and 4.0 credits in Specialized Knowledge).
AMERICAN COLLEGE OF HEALTHCARE EXECUTIVES CONTINUING EDUCATION CREDIT
The New Jersey Chapter if the Healthcare Financial Management Association is authorized to award pre-approved Category II (non-ACHE) continuing education credit for this program toward advancement, or recertification in the American College of Healthcare Executives. Participants in this program wishing to have the continuing education hours applied toward Category II credit should indicate their attendance when submitting application to the American College of Healthcare Executives for advancement or recertification. 7 Credit hours are pending approval.
SUPREME COURT OF NEW JERSEY BOARD ON CONTINUING LEGAL EDUCATION
Based on our understanding of the Supreme Court of New Jersey Board on Continuing Legal Education mandatory continuing legal education program requirements, this course will qualify for 7.0 CLE credits. NJ HFMA is an approved service provider.
To register online, please visit our website at where online payment submission is also available, but not required. If you prefer to register by mail, please list your attendees and follow the registration instructions presented below.
NAME / ORGANIZATION / TITLE / HFMA MEMBER or NON-MEMBER / EMAIL ADDRESSFEE:ADVANCE REGISTRATION - MEMBERS...... $135.00
ADVANCE REGISTRATION - NON-MEMBERS...... $160.00
ADVANCE REGISTRATION - CERTIFIED MEMBERS (FHFMA, CHFP)………...... $100.00
STUDENT REGISTRATION - (FULL TIME)...…………………………………….……….... $35.00
ON-SITE REGISTRATION – ON “SPACE AVAILABLE” BASIS...... $10 ADDITIONAL CHARGE
REGISTRATION INFORMATION:
- Registration is available online at or by mail.
- Make checks payable to HFMA - NJ CHAPTER, and please mail at least 10 days prior to the event.
- Registration must be received three working days prior to the event.
- REFUNDS WILL BE GRANTED ONLY IF CANCELLATION IS RECEIVED 48 HOURS PRIOR TO THE MEETING.
- Dress is Business Casual.
- Mail payment to:
HFMA – NJ Chapter
Laura Hess
P.O. Box 6422
Bridgewater, NJ 08807
- Phone number for questions is (888) NJC-HFMA.
- In the event of questionable weather or other emergency affecting a significant number of members, please call 1-888-NJC-HFMA or check the Chapter website no earlier than two hours prior to the start of registration for the event to confirm status of event.