Monday, January 05, 2009

RMA To Hold Health Care Conference for Lenders

RMA-The Risk Management Association will hold its fifth annual Health Care Conference, The Changing Faces of Health Care…The Risks and Rewards, in Philadelphia, April 18-20, at the Loews Philadelphia Hotel.

Philadelphia, Pa (March 2, 2001) -RMA-The Risk Management Association has invited speakers with expertise in the financial performance of health care providers to its fifth Annual Health Care Conference to be held at the Loews Philadelphia Hotel, April 18-20.

Changes in technology, regulation and reimbursement plans have made lending to the health care industry a challenge for financial institutions. Just last month, a quarterly survey of 82 lenders by Phoenix Management Services, Chadds Ford, Pa., indicated that 69 percent of lenders said their institutions would not lend to the health care industry. That result was an improvement from last year when 85 percent of lenders surveyed in the national poll dunned the health care industry for three consecutive quarters.

RMA focuses on developments and trends in the industry to help lenders to manage risk effectively in their health care portfolios. With three special lending tracks, attendees at RMA's conference will be able to focus their attention on issues surrounding lending to hospitals, post-acute care facilities and medical practices. A fourth track will include general discussions of payment systems, fraud, and technology. The keynote address, Medical Practices in 2001…The Changing Risks and Rewards for Physician Practices, will be delivered by William F. Jessee, M.D., president and CEO, Medical Groups Management Association, on April 19. The luncheon address, to be given by Assistant U.S. Attorney James Sheehan, will discuss fraud in health care. Politics and health careis the subject of the closing address by Mary R. Grealey, president, Healthcare Leadership Council.

In addition to the speakers, there will be two panel discussions focussing on the Health Insurance Portability and Accountability Act as it applies to lenders and lending to troubled health care organizations.

For more information about RMA's upcoming Health Care Conference, please check out the Register for/Find Event section on this Web site.

RMA is the only financial services association that specializes in promoting effective credit risk management practices across the entire financial services industry. Its membership consists of more than 3,000 financial service providers. These institutions are represented in the association by more than 18,000 commercial loan, credit, and risk management professionals in 50 states, Puerto Rico, Canada and numerous foreign cities, including Hong Kong, Singapore and London. For more information, e-mail or phone Pam Martin, director of regulatory relations and communications, at 215-446-4092 or Kathie Beans at 215-446-4095.