Insights: Finances, New Frontiers and Finding Opportunities in Healthcare Disruption

In this episode of the MGMA Insights podcast, we receive an overview of MGMA20 | The Financial Conference from Craig Wiberg and hear from Tom Campanella on finding opportunity in healthcare disruption. Wiberg is a Sr. Editor for MGMA and serves as the lead content strategist for MGMA’s live events. Campanella — who will be a featured speaker at The Financial Conference, March 5-7 in Nashville — has nearly 30 years of industry experience and is currently a health economics professor and the director of healthcare business programs at Baldwin Wallace University in Ohio.

MGMA’s Financial Conference is an industry-leading event designed to arm healthcare professionals with the education and tools needed to run a more profitable and efficient practice. Year after year, The Financial Conference brings together leading financial experts from across the healthcare spectrum to dig deep into pertinent topics like payer contracting, business intelligence and revenue cycle management.

To learn more about MGMA20 | The Financial Conference or take advantage of early bird registration, visit mgma.com/TFC20.

Don’t quite have time to listen to the entire episode? No worries. We’ve compiled a few highlights from Wiberg’s and Campanella’s interviews for your convenience:

• (15:48) “Things are changing so quickly, and there’s so many new sets of tools that it really is super important to take this time to develop yourself as a leader and as a worker.” – Craig Wiberg

• (35:09) “Disruption is, in effect, upending the apple cart, if you want to say, of the status quo system of healthcare.” – Tom Campanella

• (52:50) “Change can be uncomfortable. I don’t care if it’s personal life or work life. I think they [listeners of the podcast] need to embrace this new world and recognize that it can’t be business as usual, but also recognize that this is a tremendous opportunity, both for them and their organization.” – Tom Campanella

Here are some links and reference related to this week’s show:

• Navigating the unknowns of an underperforming revenue cycle (bit.ly/36TU9ng)

• The upside of downside: Innovative strategies for protecting downside risk (bit.ly/30lOgwC)

• Taking the fear out of new codes and embracing eConsults (bit.ly/35Nu9IM)

• Riding The Disruption Wave In Healthcare (bit.ly/2tUKrm3)

• Largest disruptors in healthcare from the past year (bit.ly/2RfT42j)

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We love hearing from listeners about the show. If you have topics you’d like us to cover or experts you’d like us to interview, email us at [email protected] or reach out to MGMA Sr. Editor and podcast host Daniel Williams on Twitter at @MGMADaniel.

MGMA Insights is presented by Decklan McGee, Rob Ketcham and Daniel Williams.

Additional Resources

Microsoft Excel’s Pivot Table feature is a fast and powerful way to analyze and consolidate large amounts of data and quickly extract critical knowledge. You can learn how to integrate pivot tables into your medical practice at an MGMA online seminar, Jan. 28-29. During this workshop, presenter Nate Moore will provide a hands-on demonstration and answer questions on how to use this essential tool to analyze your organization’s revenue cycle. For more information or to register, search “pivot table” at mgma.com/store.