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Writer's pictureLACMA Staff

LACMA Reveals New Details for 2024 Business of Medicine Conference & Career Fair

Updated: Aug 28

LACMA will hold its inaugural Business of Medicine Conference & Career Fair at the Westin Pasadena on Saturday, November 2nd, 2024. The event will bring together physicians from Los Angeles and across the state, offering a unique opportunity to enhance the understanding of the business side of medicine.


FREE FOR LACMA MEMBERS | SPACE IS LIMITED, TICKETS SELLING FAST

Breakout Sessions

Developed in response to LACMA member feedback, the 2024 Business of Medicine Conference will provide essential tools and insights to navigate the complexities of managing a small or solo practice. Addressing topics such as Practice Operations, Technology, and Financial Wellness, attendees will benefit from real-world insights and tools designed to reduce costs, improve efficiencies, and elevate the quality of patient care. Additionally, solution providers will be available to answer questions and engage directly with physicians seeking specific solutions.


The conference is scheduled to feature a series of breakout sessions on the following topics:*


  • Navigating Malpractice Coverage & MICRA's Impact

    • Understand malpractice insurance fundamentals, including policy types and liability limits.

    • Learn best practices and common mistakes in maintaining comprehensive coverage.

    • Explore the implications of MICRA law and recent updates affecting malpractice claims.

      • Ideal for: Physicians, practice managers, healthcare administrators.

  • Understanding Value-Based Care: Insights, Risks, and Rewards

    • Overview of Value-Based Care: Explore the shift from fee-for-service to value-based care, focusing on quality metrics, patient outcomes, and cost-efficiency.

    • Preparation and Implementation: Learn about the necessary infrastructure, technology, and workforce development needed to successfully adopt value-based care.

    • Pros, Cons, and Decision-Making: Understand the benefits, risks, and challenges of value-based care, and assess your practice’s readiness for transition.

      • Ideal for: Physicians, healthcare providers, administrators transitioning to VBC.

  • Mastering Payor Contracts & Navigating Healthcare Regulations

    • Learn negotiation strategies for favorable payor contracts and optimizing reimbursements.

    • Streamline the prior authorization process and understand key legal and compliance issues.

    • Gain insights into the licensing and credentialing process to avoid delays and ensure compliance.

      • Ideal for: Physicians, practice managers, healthcare administrators.

  • Modernizing Your Practice: Embracing Technology for Future-Ready Healthcare

    • Discover how AI, scribing, EHR interoperability, and cybersecurity can modernize your practice.

    • Learn practical applications, implementation strategies, and best practices.

    • Engage with experts to address your questions and challenges in modernizing healthcare.

    • Ideal for: Physicians, practice managers, healthcare administrators, IT professionals.

  • The Anatomy of a Startup Practice: Key Steps to Success

    • Detailed guide to opening a practice, including legal setup, financing, and regulatory compliance.

    • Strategies for staffing, HR, and creating a positive workplace culture.

    • Develop a marketing plan with digital and traditional strategies to grow your patient base.

      • Ideal for: Physicians, healthcare entrepreneurs, practice managers planning a startup.

  • Exploring Modes of Practices: A Panel for Early Career Physicians

    • Insights into private practice, employed practice, FQHCs, and concierge medicine.

    • Hear from experienced physicians about financials, autonomy, rewards, and challenges.

      • Ideal for: Early career physicians, medical residents exploring practice options.

  • Career Fair: Network with potential employers and explore career opportunities in a dedicated session for residents.

  • And More: More details and additional sessions will be announced soon!


*topics and titles subject to change


This conference represents a significant opportunity to enhance your practice’s efficiency, reduce operational costs, and improve patient care quality. Participants will be able to engage with industry experts, network with peers, and gain actionable insights to drive your practice forward.

 

Mark your calendars for November 2 and register to be a part of this landmark event in Los Angeles. We look forward to seeing you there.

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