#United States #Atlantic City #Healthcare Finance #Panacea Healthcare #HFMA Conference

Panacea Healthcare Solutions Set to Shine at the 49th Annual HFMA Conference

Panacea Healthcare Solutions, renowned for its comprehensive financial and clinical services in the healthcare sector, is thrilled to announce its active participation and sponsorship at the upcoming 49th Annual New Jersey and Metro Philadelphia HFMA Conference. This significant event is scheduled to take place from October 29 to 31, 2025, at the Hard Rock Hotel Casino in Atlantic City, New Jersey.

Aligning with HFMA's mission to advance healthcare through innovation and education, Panacea aims to contribute valuable insights into the evolving landscape of healthcare finance. Kevin Chmura, the CEO of Panacea Healthcare Solutions, expressed pride in the company’s role at this conference, stating, "HFMA's New Jersey and Metro Philadelphia Conference brings together some of the most forward-thinking leaders in healthcare finance. We are honored to contribute to this tradition by sharing insights that help organizations enhance their financial sustainability while meeting ever-changing regulatory requirements."

In addition to exhibiting, Panacea is set to conduct a breakout session on October 29, led by executives Govind (Govi) Goyal, President of the Financial Services Division, and BreAnn Meadows, President of Revenue Integrity for First Healthcare Compliance. Their session, titled "CDM Shape-Up: Strengthening Charge Integrity, Avoiding Supply Denials, and Strategic Pricing for Supplies and Pharmacy", will delve into the crucial role Charge Description Masters (CDMs) play in maintaining both revenue integrity and compliance with stringent regulatory demands.

As healthcare organizations encounter increasing scrutiny from regulatory bodies regarding price transparency, maintaining an updated and compliant CDM is paramount. The discussion will navigate current challenges, particularly in billing for medical supplies and pharmacy items, and will provide attendees with practical strategies aimed at minimizing claim denials and aligning pricing data with market benchmarks. These insights will empower healthcare providers to craft pricing strategies that enhance overall financial and compliance performance, ensuring that healthcare providers are well-prepared to meet future contracting demands.

BreAnn Meadows emphasized the importance of charge integrity: "Charge integrity is the foundation of both compliance and financial success. As payer edits become more complex, hospitals must take a proactive approach to maintaining a clean, compliant CDM—one that not only minimizes denials but also supports transparent, defensible pricing." Govi Goyal further highlighted that the session aims to empower providers to collaborate effectively on pricing, reimbursement, and compliance strategies through data-driven insights.

In addition to the breakout session, Panacea Healthcare Solutions is proud to sponsor the conference luncheon. This gathering will provide attendees with the chance to network with peers and industry leaders while engaging in critical discussions about the financial and compliance priorities shaping the healthcare landscape today.

About Panacea Healthcare Solutions

Panacea Healthcare Solutions is committed to offering comprehensive financial, revenue integrity, and clinical services and software nationwide. By empowering hospitals, health systems, and physician practices with innovative tools and expert consulting services, Panacea enables these organizations to achieve compliance, optimize revenue, and drive sustainable financial performance. For those interested in learning more about Panacea and its solutions, please visit their official website at www.panaceainc.com.