Innovation Framework of Healthcare Ventures Presented by Kunal Jain & Desmond Meridian
As presented at HBMA's Innovation Conference March 5th-7th, 2024.
Description:
In the healthcare business, innovation is pivotal in reshaping the landscape of medical practice and institutions. This presentation aims to empower medical business professionals to become entrepreneurial forces, driving impactful and innovative changes within the healthcare sector. By comprehending the six fundamental drivers of innovation, attendees will gain the tools to proactively manage change, foster creativity, and ultimately thrive in a dynamic industry while making a positive impact on humanity.
The six critical factors of innovation explored in this session are: Structure, Public Policy, Technology, Accountability, Consumer Dynamics, and Financing.
This session is tailored to provide a comprehensive understanding of the evolving tools and technologies driving the transformation of Revenue Cycle Management (RCM). From advanced Excel applications and SQL to cutting-edge solutions like Robotic Process Automation (RPA) and Python programming, we will delve into the forces behind the RCM transformation and explore how these innovations can amplify your organization's revenue cycle. Join us in the journey of innovation and change in healthcare to ensure your business thrives in these dynamic times of AI and ChatGPT.
Join Kunal and Desmond as they present real-life case studies from the Healthcare Revenue Cycle Management (RCM) domain, shedding light on how these frameworks can be practically applied in today's ever-evolving healthcare landscape.
Objectives:
Course participants will be able to:
- Understand innovation frameworks, equipping them to spearhead transformative changes within the healthcare sector
- Learn the six critical factors of innovation
- Receive current examples in RCM healthcare space where disruption has been introduced by innovators successfully or it has failed miserably because the framework was missing
Speaker Bios:
Kunal Jain is a Harvard Business School alumni of the class of “Global Healthcare Innovation 2015” and a Graduate of USF with a Master in Entrepreneurship. He is the founder and President of Practiceforces, which is a Healthcare Integration consulting and billing company based out of Clearwater, Florida. He has over 20 years of healthcare practice administration and Revenue cycle management experience. He curated the Tampa chapter of TiE in 2013. His passion for innovation, entrepreneurship, and philanthropy enabled him to create a world-class team around him. He has helped many startups in the United States and India through mentoring, networking, and investments. He currently serves on the Board of HBMA and heads the Innovation Committee as chair.
Introducing Mr. Desmond Meridian, Chief Operating Officer at PBMS Inc. Desmond’s goal is to share his insights on achieving excellence in innovation through Robotic Process Automation (RPA). Desmond has been a member of HBMA for the last 5 years. With a career spanning over two decades in the healthcare industry, including pivotal roles in Revenue Cycle Management (RCM) and payer relations, Desmond is excited to join us today. At PBMS Inc., he serves as the driving force behind our innovation initiatives for process improvement. From being a pioneer in the early days of RPA to orchestrating a transformative shift in reporting analytics, Mr. Meridian leads the charge in revolutionizing their company's operations. His unwavering commitment to innovation has positioned PBMS Inc. as a true competitor in our industry.