About the Session

During this session, two small, rural hospital senior executives will share their successes in growing revenue and managing operations to improve margin and service to the community. Carilion Franklin Memorial Hospital, part of a larger system, is challenged with unique community relationships and specific health status needs. Yet, administrator Bill Jacobsen has achieved one of the lowest cost structures in Virginia. Monadnock Community Hospital, a critical access hospital, has distinct geographic boundaries that have traditionally defined the primary market. CFO Rich Scheinblum has added margin and expanded its ability to meet community needs by adapting advanced Lean techniques. The faculty, through their examples, will reveal a common theme for an organizational management structure, detailing enablers and steps to overcome obstacles. You will be given a self-diagnostic test to identify possible gaps in your organization’s ability to quickly adapt to local and regulatory changes in the healthcare environment.

Learning Objectives:

  • Discover techniques to maximize revenue through physician and community partnerships while optimizing existing resources to reduce service delivery costs.
  • Learn how to develop and align a management team in a structured approach to achieve speed, accountability and growth.