Virtual Think Tank Series
Going Beyond Cost Containment: Revenue-accretive Strategies for Financial Resiliency
Thursday, July 30, 2020 • 2:00 PM – 3:00 PM (EDT)
Even prior to handling an appreciable volume of COVID-19 patients, hospitals were already experiencing an approximate 30% dip year-over-year in expected reimbursement.
As the financial impact of COVID-19 on health systems continues to be realized, many hospitals will not be able to survive the damage to their cash flow for longer than 60-90 days despite the federal stimulus. In light of distressed operating incomes, finance leaders are exploring new, revenue-accretive solutions that not only mitigate downward margin pressure short-term, but also create resiliency in the long-term. As hospitals navigate these challenges, accurate documentation will be critical.
Join us for an interactive discussion in which we examine the latest revenue-accretive strategies to build a resilience plan — not only to weather the current impact, but also to enable your organization to emerge financially and strategically stronger.
Anay Bedi oversees growth at Iodine – a company dedicated to ensuring documentation integrity for hospitals and health systems.
Prior to Iodine, Anay helped found a company called Healthcare Business Insights (HBI), which served hospitals and health systems with a variety of research verticals (e.g. Revenue Cycle Academy, Cost & Quality Academy etc.). HBI served and still serves over 1,500+ hospitals across the country. HBI was successfully acquired by Decision Resources Group (DRG), a life sciences firm. While at DRG Anay oversaw and led growth and innovation in the Provider arena. Prior to HBI, Anay worked as a product leader at a company called Crimson, which was acquired by the Advisory Board.
Anay holds an MHSA from the University of Michigan, and a BS from the University of Minnesota. Personally, Anay enjoys golf and tennis, but also raising his 2-year old son with his wife Anjli in Minnesota.