The slow evolution to value-based health care has long been driven by public sector initiatives. However, in recent years the private sector has taken the lead, as employers, retailers, and payers look to extract more value from the health care delivery system. This session will explore the most important forces reshaping the health care industry and discuss how new care delivery models seek to lower costs while increasing quality of care.

Learning Objectives:

1. Identify the forces destabilizing provider economics.
2. Discuss new delivery models that are emerging due to the evolution of value-based care.
3. Describe the strategies both the private and public sector are employing to bend the health care spending curve.

In an ideal world, benchmarking supports open comparison and sharing that allows organizations to continuously improve and transform. Is benchmarking fulfilling that objective in your organization?   Measuring and validating savings with Finance is critical to building credibility throughout clinical and supply chain operations. Key indicators for one vertical do not always equal value for another.  

Learn how to more accurately establish savings goals, measure them, and identify opportunities for improvement with Finance as a partner in validation.  Part two of this session will explore the use of metrics and the wealth of information they can provide in the highly variable procedural area. 

Learning Objectives:

1. Identify strategies to ensure clinical and supply chain operations are aligned with finance and align on a common definition for savings.
2. Discuss the way information is entered into a system can directly impact the accuracy of data and information.
3. Specify innovative processes for decision makers that positively affect financial outcomes.

Effective management and negotiation of contracts allows your organization the opportunity to more effectively mitigate risk, reduce costs, and provide the best possible care for your patients.  This session will offer strategic advice on how to confidently negotiate contracts, using effective contracting tactics to mitigate inflation and sudden price increases.

Learning Objectives:

1.   Define key strategies for successful contracting.
2.   Describe the importance of flexibility, research, and negotiation in the contracting process.
3.   Identify ways to improve your confidence and build positive relationships during contract negotiation.

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