Robust Analytics for Health Plans in an Era of Reform
1. ROBUST ANALYTICS FOR
HEALTH PLANS IN AN ERA OF
REFORM
A CFO Webcast
Sponsored by Teradata Corporation
Wednesday, December 5th, 2012
12:00 PM EST
Register today: http://bit.ly/RVIBE2
2. ROBUST ANALYTICS FOR HEALTH
PLANS
The Patient Protection and Affordable Care Act introduces a confounding number
of new fiscal responsibilities to the finance departments of health plans. Solving
this compliance conundrum in ways that also provide valuable insight into data
for strategic decision-making purposes has become a key goal of health plan
CFOs.
Three key compliance issues dominate Finance and Performance Management
objectives for health plans:
• Medical loss ratio analyses, which affect planning, budgeting and operational
reporting;
• Health Insurance Exchanges, in terms of tracking the cost of sale and
profitability in this new segment; and
• Reinsurance, risk corridors and risk adjustment, the transitional risk sharing
model creating plan profitability uncertainty due to adverse selection.
http://bit.ly/RVIBE2
3. ROBUST ANALYTICS FOR HEALTH
PLANS
The analytics to attend to these issues requires the integration of general
ledger, internal cost accounting data and claims data -- the healthcare
transaction itself.
From a CFO standpoint, the goal is to do more with less -- reduce
enterprise cost by consolidating, simplifying and standardizing Finance IT
architecture, and optimize cash flow through working capital
improvements. The best decisions come from having greater visibility into
data -- a key aim to reduce earnings volatility and enhanced flexibility to
adapt to market changes.
During this Webcast, a distinguished panel of experts will explore the
challenges before health plan CFOs in this era of pronounced reform and
regulatory change. Panelists will present the current compliance
landscape, position ways to acquire and improve high-level analytics, and
introduce world-class Finance and Performance Management practices for
health plans.
http://bit.ly/RVIBE2
4. PANELISTS
Arthur Tacchino is an Assistant Professor of Health Insurance at The
American College. He is a recent graduate from Widener University School
of Law where he received his JD. He received his BS in Economics from
Susquehanna University. At The American College, Arthur is responsible
for several Huebner School courses as well as course development and
design. Aside from The American College, Arthur has taught Business Law
and Ethics at Widener Undergraduate in Chester, PA. Mr. Tacchino is
currently assisting with the responsibilities of several health insurance
courses offered by the American College and extensively researching
Health Care Reform.
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5. PANELISTS (CONT’D)
David Wiggin is the Program Director, Healthcare and Life Sciences, for
Teradata Corporation. His responsibilities include industry strategy,
marketing, offer development and field enablement and support. Prior to
joining Teradata, David was with the healthcare business of Thomson
Reuters, now Truven Health Analytics, for 25 years, supporting employer,
health plan, provider and government markets. He has worked in a
variety of roles including product management, product development,
project management, data warehousing, operations management, and
systems architecture. David has experience with both the business and IT
dimensions of the healthcare industry. David received a BS degree from
Ithaca College and earned his MBA from the State University of New York
at Albany.
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6. PANELISTS (CONT’D)
As group vice president, Scott Lundstrom is responsible for managing IDC
Health Insights' research-based advisory and consulting offerings, which
provide full coverage of the health care industry value chain, including the
payer, provider and life science segments. Mr. Lundstrom's experience has
given him a thorough understanding of market dynamics, business strategies
and processes, and technology solutions. Prior to joining IDC, Mr. Lundstrom
was a Senior Vice President and Chief Technical Officer at AMR Research,
where he was responsible for AMR's business process and technologies
research teams, including ERP, supply chain, CRM, compliance and enabling
technologies. He is a regular speaker and a source for the media on healthcare
and life science issues by major publications such as USA Today, Investor’s
Business Daily, The Boston Globe and BusinessWeek.
http://bit.ly/RVIBE2
7. Register Today!
Robust Analytics for Health
Plans in an Era of Reform
Brought to you by CFO
Sponsored by Teradata Corporation
Wednesday, December 5th, 2012
12:00 PM EST
http://bit.ly/RVIBE2
7 11/26/2012 Teradata Confidential