FREE To FORUM MEMBERS!
Date and Time
July 14, 2008, 2:00 – 3:45 pm Central time
You’ll Learn
- How to get the biggest bang for your IT dollars -- balancing corporate strategy with critical technology needs in an era of constrained resources
- Options for funding these critical investments -- evaluating available financial options, products and strategies for technology assets and upgrades
- Determining which financial structures -- and providers -- align with corporate strategy
Audiowebcast Summary
For most healthcare providers, maintaining a competitive advantage in the marketplace goes hand-in-hand with maintaining the best available technology. Cutting-edge technology allows providers to drive throughput, increase efficiencies, control costs and ultimately improve patient care.
Studies show that healthcare facilities are currently spending as much as 20-30% of their total capital spending on healthcare IT. As a result, healthcare CFOs no longer question the need for technology. Instead, they ask "How do I pay for it?" This audiowebcast will help attendees understand how to get the most out of their IT investments and review the many financial options available. It also will help hospitals and health systems determine how they can best maintain their competitive position while enhancing patient safety, decreasing medical errors and reducing the cost of healthcare overall.
Key Areas Discussed
- Future Success of Hospitals Hinges on IT
- Higher-rated hospitals with more resources dedicated to quality-focused initiatives may achieve growth in volumes and market share, improved payer arrangements, and cost reduction.
- Hospitals that cannot differentiate themselves in fragmented markets may fall further behind.
- Healthcare executive’s strategic planning for IT capital expenditures (are critical
- State of the Market
- Healthcare spending today
- Near- and long-term trends
- How to get the biggest bang for your IT dollars
- Methodologies to Evaluate Strategies for Asset Ownership and Technology Upgrades
- Equipment
- Operational configuration of buildings
- Barriers to adoption
- Assessing Financial Structures Aimed at Achieving Corporate Strategy
Intended Audience
Chief financial officers and other financial directors or managers, CIOs of hospital, health systems and physician organizations
Level
Intermediate
Speakers
Randy Waring
Hospital Market Leader
GE Healthcare Financial Services
Mark Segal
Senior Director, Global Product Strategy
GE Healthcare
Subject Category
Cost Management/ Technology/Information Management