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Upcoming National Healthcare CFO Summit 2017
February 16, 2017
Hospitals have been very busy abiding by the requirements of the Affordable Care Act. The shift from volume to value has presented a number of challenges as hospitals work to effectively balance quality of care and costs in today’s reformed landscape. Tracking and controlling resource consumption plays a key role in cost reduction. With hospital profit margins at 3% or less, CFOs are forced to form strategic alliances with other hospitals and work more collaboratively with payers.
The 25th National Healthcare CFO Summit is an exclusive platform, which provides leading financial executives with the opportunity to refresh and rejuvenate while exchanging ideas, opinions and industry best practices. This event is a forum for interaction with innovative healthcare experts and solution providers, stimulating outside-the-box thoughts and processes that will help CFOs to overcome their short and long-term issues.
The most recent National Healthcare CFO Summit took place in Los Angeles in October 2016 continued a tradition of providing an intimate environment for CFOs and selected service providers to engage in a meaningful way.
Keynote speaker Dr David B. Nash, Founding Dean, Jefferson College of Population Health of Thomas Jefferson University will share his insights on population health and creating a culture of wellness.
The event will also include a panel discussion on healthcare leaders speaking out and thoughts on the transformation of our healthcare system.
The Chief Financial Officer from Baptist Health System: “The entire summit was well planned and ran extremely efficient. Overall great exchange of knowledge and ideas.”
The Regional Chief Financial Officer from Presence Health comments: “The presentations were very timely and informational and I met new vendors who I will definitely look forward to future conversations.”
The transition away from a fee-for-service business model has significant implications for financial executives. CFOs are being asked to take on the role of a strategic business partner within their healthcare organization. This means being more involved with operations, clinical leaders and payer partners. New strategies must be developed to reduce expenditures while complying with numerous new federal regulations in order to be successful. Now more than ever, financial executives must seek innovative solutions and partners to drive cost savings and remain competitive in the future healthcare market.
