Health Care Rebuilds—Financial Foundations Webinars from HealthLeaders
Throughout May, join Sg2 and Vizient experts for Vizient-sponsored HealthLeaders webinars that will address the financial foundations of rebuilding health care after COVID-19 in 3 areas: elective volumes, resetting staff and consumer access.
Health Care Rebuilds: Financial Foundations—Ramp Up Elective Volume
When: Wednesday, May 13, 2020, Noon–1:00 pm CT
Speakers: Eric Burch, RN, BSN, MBA, FACHE, Principal, Vizient, and Brian Esser, Associate Principal, Sg2
Overview: Hospital and health systems across the country began to ratchet down elective volume in early March, with often devastating impacts to the operating revenue of the system. Recovering maximum revenue is not a simple matter of opening the surgery suites up again. Financial leaders will have to develop models for income recovery, staff plans, capital investments and market data. In this session of the webinar series, among the topics covered will be how to develop models for operating income recovery, and reassessing portfolio balance and investment income.
Health Care Rebuilds: Financial Foundations—Staff Reset
When: Thursday, May 21, 2020, Noon–1:00 pm CT
Speaker: Robert Dean, DO, MBA, Senior Vice President, Performance Management, Vizient
Overview: Staffing needs for most health systems will never be the same, with an inevitable emphasis towards more resources for telehealth, intensive care and infectious disease. Finance leaders must look at data to determine how to reshape the health systems provider plan. In this session of the webinar series, among the topics covered will be how to create flexible provider staffing models for the rebound, physician compensation and bonus structure with loss of volume, and executive and administrative overhead and compensation.
Health Care Rebuilds: Financial Foundations—The New Access Economy
When: Wednesday, May 27, 2020, Noon–1:00 pm CT
Speakers: Mark Larson, Principal, Sg2, and Brianna Motley, Associate Principal, Sg2
Overview: A health care sector that once measured consumer access to telehealth services in years took only weeks to evolve. Now that consumer expectation for access has flipped, what can health system finance leaders do to place thoughtful investments in new virtual access points while minimizing revenue loss in traditional service lines and brick and mortar locations. In this session of the webinar series, among the topics covered will be how to assess new demand models, expansion of and investment in virtual services as well as overall operational and clinical considerations in a new market.
Access More Sg2 COVID-19 Resources:
- Surge Demand Calculator
- Sg2 Perspectives Podcasts
- Even in Crisis, Don’t Underestimate the Value of Your Strategy
- Sg2 Members: Access more COVID-19 Resources at Intel.Sg2.com
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Tags: compensation, consumer access, coronavirus, COVID-19, elective volumes, financial recovery, income recovery, investment income, portfolio balance, staffing models, virtual health, workforce