Todd Halpin

Senior Vice President, Financial Advisory Services

Todd Halpin is a Senior Vice President at Health Catalyst responsible for co-leading the Financial Advisory Services team. Mr. Halpin has over 25 years of healthcare financial transformation experience, where he specializes in hospital financial operations and revenue cycle process improvement. Mr. Halpin has extensive experience working with many not-for-profit, teaching, and public health care delivery systems throughout the country. Mr. Halpin’s experience includes various hospital financial turnarounds, revenue cycle process optimization projects, strategic planning, and other cost reduction initiatives. Mr. Halpin received his M.B.A. from the University of Utah and is a Certified Public Accountant in the State of Utah. He is a member of the American Institute of Certified Public Accountants, the Utah Association of Certified Public Accountants, American College of Healthcare Executives, and the Healthcare Financial Management Association.

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Healthcare Revenue Cycle: Five Keys to Financial Sustainability

With COVID-19 challenges continuing in the near-future, health systems must continue delivering quality care in the midst of the pandemic, without compromising financial well-being. Historical approaches to revenue cycle add value but fail to leverage data to drive financial sustainability in a time of crisis. To financially survive tumultuous economic times, health systems must leverage data to drive a more comprehensive revenue cycle strategy.

Five best practices generate the actionable data that allows health system leaders to understand financials at a nuanced level, promoting effective processes that lead to financial sustainability and optimum revenue cycle management:

1. Identify and measure the right metrics.
2. Define clear lines of accountability.
3. Create consistent workflows.
4. Define key performance indicators.
5. Understand the right metrics at the right place at the right time.

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