Financial Management
Health systems, especially academic medical centers, have been increasingly challenged financially in the last five years. Achieving financial sustainability is a complex endeavor that demands a comprehensive review of the enterprise's operations, service line planning, stakeholder buy-in and careful execution of other margin-improving initiatives. Each of these steps requires a multidisciplinary approach to be successful and is accompanied with its own set of obstacles and barriers. This session offers practical tools and tips from key stakeholders responsible for not only overcoming said barriers but also executing on financial sustainability initiatives within Cleveland Clinic Florida. Perspectives from finance, physicians and operations will shine a light on what actionable steps health systems can take to realize positive margins and sustain their missions of serving patients.
Hemal Prasad, CPH, CAPM
Program Manager, Financial Sustainability
Cleveland Clinic Florida
Charmaine Rochester, DHA, FACHE, CPA, FHFMA
CFO
UC Health
Sarah A. Vogler, MD
Cleveland Clinic Florida Chief of Staff/Colorectal Surgeon
Cleveland Clinic
Alena Taylor
Principal
PwC