Webinar: Pricing Transparency: How Much Will this Cost Me? Living in the crosshairs of regulation and consumerism

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Please join us on Wednesday, February 26, 2020, at 1 PM Eastern as ECG Management Consultants’ Terri L. Welter and David A. Wofford address the implications of the CMS Price Transparency Rules and the resulting need for creative pricing strategies and patient-friendly value-driven payment models, in this special 45-minute HealthcareWebSummit event: Pricing Transparency: How Much Will this Cost Me? Living in the crosshairs of regulation and consumerism.

Overview

Webinar: Wednesday, February 26, 2020, at 1 PM - 1:45 PM Eastern

  • How the CMS transparency rules will (or will not) improve transparency
  • Anticipated impact on consumer behavior and reimbursement rates
  • The need for creative pricing strategies
  • Embracing patient-friendly, value-driven payment models

Faculty: Terri L. Welter, Principal, ECG Management Consultants and David A. Wofford, Associate Principal, ECG Management Consultants

On November 15, 2019, CMS released two rules related to transparency in healthcare pricing: a final rule addressing hospital pricing and a proposed rule addressing transparency in insurance coverage. These rules are projected to go into effect on January 1, 2021. The hospital pricing final rule has already been challenged in court, so it seems likely the insurance coverage proposed rule will also face resistance before it is finalized.

Given the uncertainty surrounding these rules, coupled with the fact that it will be almost a year before they go into effect, some provider organizations may be tempted to take a wait-and-see approach rather than immediate action. While the future of these two rules remains uncertain, we should assume there will be a continued push toward pricing transparency and that it will have a major impact on the healthcare industry.

Thus despite the uncertainty, it makes sense for providers to begin preparing for greater pricing transparency in the industry, since the impact could be significant. Enhanced transparency will not only impact reimbursement rates but will also significantly influence how providers interact with payers. It is not too early to begin developing a strategy for success in a more transparent environment.

Please join us on Wednesday, February 26, 2020, at 1 PM Eastern as ECG Management Consultants’ Terri L. Welter and David A. Wofford address the implications of the CMS Price Transparency Rules and the resulting need for creative pricing strategies and patient-friendly value-driven payment models, in this special 45-minute HealthcareWebSummit event: Pricing Transparency: How Much Will this Cost Me? Living in the crosshairs of regulation and consumerism.

Registration Details

  • Individual Registration: $150
  • Individual Registration and Post-event materials - Includes webinar video and presentation pdf file: $195 for attendees
  • Post-event materials for non-attendees - Includes webinar video and presentation pdf file. Available after the event: $215

Register above or download a registration form. You can also register by phone: 209.577.4888. Corporate Site licensing also available. We look forward to your attendance!

MCOL Premium members receive a 50% discount on all Healthcare Web Summit events. Members can get the discount code on the Premium Member Website. Non-members can learn about MCOL Premium memberships and sign-up to get the 50% discount on this and future events.

Need a Printable Form? Download a registration form you can fax or mail.

Cure for the Common Webinar

In addition to the main faculty presentation, this event includes a fun whiteboard drawing format opening video, a brief moderated faculty interview, and concluding live audience questions and answers. The day before the event, you'll receive login information, including downloadable companion presentation slides.

Just after the event, you'll receive a follow-up request for feedback, also offering an opportunity to provide any final questions that can be forwarded to the faculty. Also, if you need support before, during or after the event, you can contact HealthcareWebSummit staff at any time.

Learning Objectives

After attending this webinar, attendees will be able to:

  • Explore how the CMS transparency rules will (or will not) improve transparency
  • Ascertain the anticipated impact on consumer behavior and reimbursement rates
  • Understand the need for creative pricing strategies
  • Consider embracing patient-friendly, value-driven payment models
  • Engage in interactive learning through online question submission, attendee feedback and opportunity for post-event follow up questions.
    .

Who Should Attend

Interested attendees would include:

  • C-Suite Executives
  • Managed Care Executives and Staff
  • Contracting Executives and Staff
  • Revenue Cycle Executives and Staff
  • Provider Network Executives
  • Legal & Regulatory Executives and Staff
  • Compliance Executives and Staff
  • Finance Executives and Staff
  • Planning and Strategic Executives and Staff
  • Business Intelligence Staff
  • Other Interested Parties

 Attendees would represent organizations including:

  • Hospitals and Health Systems
  • Provider Networks
  • Accountable Care Organizations
  • Health Plans
  • Solutions Providers
  • Associations, Institutes and Research Organizations
  • Media
  • Other Interested Organizations

Faculty

Terri L. Welter

Terri L. Welter,
Principal,
ECG Management Consultants

 

Terri’s expertise in the area of managed care is unmatched in the healthcare industry. The head of ECG’s Managed Care Services division, Terri has spent nearly 20 years helping providers develop innovative payment approaches, negotiate contracts, devise reimbursement strategies, and ultimately improve revenues. Clients appreciate Terri’s forward thinking and her keen understanding of evolving payor/provider payment models, and she is highly regarded for her ability to achieve tangible, lasting results. She has provided strategic advisory services and led payor negotiations for numerous health systems, improving their annual bottom-line revenue by millions of dollars. She has worked with health plans and their provider risk partners to structure funds flow models that align the incentives of payors, hospitals, physicians, and other services within the care delivery system.

Recently Terri has worked closely with health systems, hospitals, medical groups, and payors to establish contracting structures that facilitate clinical integration, helping them develop and execute the types of arrangements needed to successfully react to healthcare reform. This work includes national experience developing and implementing accountable care organizations, clinically integrated networks, and population health management organizations for Medicare, Medicaid, commercial, and employee health plan products.


David A. Wofford

David A. Wofford, 
Associate Principal
ECG Management Consultants

 

For almost 20 years, Dave has focused on improving performance and achieving alignment between hospitals, physicians, and other entities. Dave’s clients appreciate his knowledge of the issues related to hospital-physician relationships and affiliations, as well as his understanding of the perspective and value that each party brings. This, in turn, allows him to help parties reach sustainable arrangements.

As providers grapple with shrinking revenue sources and increased costs, Dave works closely with hospitals and medical groups on matters that include payer contracting, organizational responses to value-based reimbursement, revenue cycle management, development of professional services arrangements, and physician compensation design. This breadth of experience provides him with a deep understanding of issues that must be addressed in aligning payers and providers for success in a value-based healthcare environment. Prior to joining ECG, Dave served as an officer in the US Army for eight years, and today his clients value the leadership qualities honed during important international assignments.