F1: Transforming Financial Operations with AI and Innovation
Thursday, June 19 | 10:15 AM - 11:15 AM
This program has been submitted (but not yet approved) for Continuing Education for 1.0 total clock hours from NAB/NCERS.
In support of improving patient care, this activity has been planned and implemented by AXIS Medical Education and LeadingAge NJ/DE. AXIS Medical Education is jointly accredited by the Accreditation Council for Continuing Medical Education (ACCME), the Accreditation Council for Pharmacy Education (ACPE), and the American Nurses Credentialing Center (ANCC), to provide continuing education for the healthcare team.
This session explores how AI and automation are reshaping financial operations in senior care, enabling organizations to improve efficiency, accuracy, and collaboration. Parker Health Group, a leader in innovation, shares its journey of implementing cutting-edge solutions to address complex financial processes. Attendees will gain insights into the transformative power of AI in senior care, including how automation can streamline critical workflows like billing verification and compliance. The session will provide a strategic framework for adopting AI in financial operations and offer actionable takeaways to drive meaningful impact. By highlighting real-world use cases, such as rehab billing verification and triple-check automation, this session demonstrates how senior care providers can achieve operational excellence, reduce costs, and reallocate resources to resident-focused initiatives.
Learning Objectives
- Analyze the role of AI and automation in modernizing financial workflows, identifying key areas for efficiency gains and operational accuracy
- Evaluate strategies to address challenges in financial operations, including system integration, stakeholder collaboration, and compliance assurance, ensuring successful implementation
- Design a strategic framework for adopting AI in financial operations, incorporating iterative improvements, measurable success metrics, and sustainable transformation
Speaker Information
Partner, VP Strategy, NuAIg
Chirag Mehta is spearheading Nuaig as Partner and VP Strategy. Nuaig provides AI and Automation advisory and implementation services fine-tuned for Senior Care Providers. With a keen eye for emerging technologies, Chirag has been an evangelist in advocating the adoption of Artificial Intelligence, Robotic Process Automation (RPA), Generative AI, Intelligent Document Processing (IDP), Machine learning, and NLP, emphasizing their transformative impact on CCRCs and Long-Term Care Providers.
Chief Information & Innovation Officer, Parker Health Group
Rob Mosquera is an accomplished Chief Information and Innovation Officer with extensive experience in aligning technology and innovation to organizational goals in the healthcare sector. At Parker Health Group in Piscataway, NJ, Rob oversees the development and execution of IT strategies and Innovative solutions across the aging services industry. He focuses on integrating IT systems to ensure compliance, improve operational efficiency, and enhance care delivery. Rob emphasizes innovation by exploring emerging technologies like AI and IoT to optimize care delivery, streamline operations, and improve resident experiences. He also leads the organization’s cybersecurity efforts, maintaining compliance with HIPAA and HITECH while addressing risks through proactive assessments and response planning.
Chief Finance Officer, Parker Health Group
Nick joined Parker in 2019 as the Director of Finance and was promoted to Chief Financial Officer in 2024. As CFO, he serves as a strategic and financial advisor to the Executive Leadership Team, evaluating and developing financial plans and models and contributing to the organization’s strategic direction. Nick oversees Parker’s fiscal and financial functions in collaboration with the Board of Trustees and the Finance and Investment Committees.
