Strategic Cost Transformation in Hospitals and Health Systems
A presentation of the upcoming Hospitals in Pursuit of Excellence (HPOE) Guide
- Event Date:
- Event Time: 1 p.m. Eastern
Consensus about the unaffordability of health care for patients, employers and the government has deepened nationwide, spurring the field to meet the challenge of making it more affordable. Under the new value-based business model, payments will likely be reduced, while costs, quality, outcomes and access are expected to increase. To continue meeting community needs in the new delivery and payment environment, hospital and care system leaders need to think and act strategically about managing cost—a strategic cost transformation is required.
In a guide soon to be published as part of the HPOE series, coauthor Kaufman Hall proposes that such transformation must occur along three cost-reduction pathways: Pathway 1, current operations; Pathway 2, business and service line restructure; and Pathway 3, clinical transformation. In this webinar, Kaufman Hall authors Brian Channon and Mark Grube review key elements of Pathways 1 and 2 and provide insight on how to transform your organization. Plus, senior hospital executives involved in strategic cost transformation initiatives share their lessons learned and are available for Q&A.
You Will Learn How To:
- Think and act strategically about managing cost
- Impact cost transformation along multiple pathways
- Use the executive insight of your peers to transform your organization
Speakers:
- Joe Iannoni, Chief Financial Officer, Jordan Hospital
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Scott Black, VP Business Development, Indiana University Health
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Steve Jacobs, Chief Financial Officer, Central Washington Hospital
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Brian S. Channon, Senior Vice President, Kaufman, Hall & Associates, Inc.
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Mark E. Grube, Managing Director, Kaufman, Hall & Associates, Inc.
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Jason H. Sussman, Managing Director, Kaufman, Hall & Associates, Inc.
Partner(s):
