2025 FOM 2

Health Care is becoming more and more complex to navigate. Many health center management teams are noticing that the demand for high-level financial planning is increasing. This is taking more and more of the Chief Financial Officer’s (CFO) time and is forcing the CFO to delegate many of the record keeping functions that occupied time previously. Welcome to the changing role of the CFO in the health center industry. We will discuss how health center CFOs must do what they can to delegate the record keeping function of the health center to free up their time for more forward-thinking activities. We will discuss the staffing needs of the health center in order to be able to accomplish this mission and also discuss how to navigate situations where the finance department is small and delegation is difficult. We will also discuss the potential pitfalls and likely future audits that wait for the post-COVID CFO and tips and hints to prepare for what is coming

This session will explore practical management and operational techniques that health centers can leverage to enhance financial performance throughout the patient visit process—before, during, and after. Participants will also review the critical synergy between finance and operations, emphasizing how integrated processes can improve outcomes. Additionally, we will highlight common operational challenges faced by community health centers and provide strategies to address them effectively.

This session will review synergy between financial and operational processes.

This session will focus on the importance of cash flow analysis for decision-making purposes. This session will give you the skills you need to conduct liquidity and profitability ratio analysis, assess the impact that changes in costs have on financial statements and understand how these relate to a company’s financial targets.

This session will review the state of information systems technology in health centers nationally, with specific reference to the accounting, billing, practice management, and electronic medical records systems. Additionally, you will understand how Cybersecurity plays a role in securing not only the above but the organization as well as funding strategies to review for preparation, mitigation, and recovery. You will learn how systems can be used for maximizing seamless data flow among health center departments and sites. Additional attention will be paid to the need for health centers to leverage technology to better manage information internally and externally.

This session will provide valuable insight into the contracting world of managed care organizations and help health centers prepare and position themselves to respond effectively. We will also examine the various care models in the marketplace as payers hold providers accountable for the cost and quality of each patient’s care.

Across many industries, turnover is a common occurrence. When this occurs in a health center finance department, it can feel like a doomsday scenario. This session will discuss key scenarios which commonly occur at health centers and provide fundamental solutions to minimize risk and exposure. Regardless of what happens in your finance department – there is a playbook to follow to keep things running and to minimize single points of failure to ensure finance operations progress.