To successfully lead in an increasingly pay-for-value environment, healthcare executives must be able to convert quality metrics—such as case mix index and length of stay—into financial metrics. During this seminar, participants will explore this core competency under the direction of expert faculty members, each of whom has extensive healthcare financial experience. Through review of case studies and hands-on application, you will learn valuable skills, including the financial calculations and ratios that will allow your organization to convert quality metrics to meaningful financial outcomes. Learn to develop business plans for proposed payer and provider contracts that will maximize value and align the organization’s interests with those of key stakeholders. As healthcare rapidly evolves away from pay for volume to pay for value, executives cannot afford to ignore this crucial management competency.
- Explore the interrelationship between clinical and financial outcomes.
- Discuss why converting quality metrics into financial metrics is a required core skill.
- Calculate ROI of quality projects and pay-for-quality payment methodologies.
Seminar leaders Jon Burroughs, MD, FACHE, and Richard J. Priore, ScD, FACHE, will discuss how to monetize quality and value based metrics in an increasingly pay-for-value world.
- Jon Burroughs, MD, FACHE, President & CEO, The Burroughs Healthcare Consulting Network, Inc
- Richard J. Priore, ScD, FACHE, President & CEO, Excelsior HealthCare Group and Senior Research Fellow, University of Minnesota
- Click on the Register Now link for the location of your choice
- Call ACHE's Customer Service Center at (312) 424-9400
- Download a registration form
Dates and Location
San Antonio, TX
Apr 15 – 18, 2019
ACHE members: $1,565.00
Who Should Attend
- All C-suite executives, particularly CEOs, CMOs, CFOs, COOs, and CNOs. All managers who oversee, participate in or negotiate: payer, employment and practitioner contracts. Leaders involved in strategic, financial, operational and quality improvement planning.