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10 Points for HCM Success in the Non-Profit Sector A AHCM Annual Meeting May 2014. Brent T. Feorene President Colonnade Healthcare Solutions. Red Ink. Accept the fact that your program will not breakeven on a stand alone basis in a fee-for-service environment. Know Thy Mission.
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10 Points for HCM Success in the Non-Profit Sector AAHCM Annual Meeting May 2014 Brent T. Feorene President Colonnade Healthcare Solutions
Red Ink • Accept the fact that your program will not breakeven on a stand alone basis in a fee-for-service environment.
Know Thy Mission • Understand, embrace and advance the mission of your health system (academic, community, rural provider or tertiary referral center)
Why Does Your Leadership Lose Sleep? • ACO • Learn and respond to your C-Suite’s pain points
Expense Control Keep a watchful eye on health system cost allocations Understand the impact of staff categorization on compensation
Physician Leader • Enlist and empower a physician advocate/ champion
Build your internal alliances… • Develop mutually beneficial working relationships with relevant health system programs & services
…and your external partners • Develop strong collaborative partnerships with community-based service agencies to create a “Patient Centered Medical Neighborhood”
Data is KingProve your value • Collect data (yours and those you work with) and have strong reporting capabilities
Marketing and Foundation OfficesA Golden Opportunity for All • Source of patients, market awareness and funding for your program • Provide extraordinary community goodwill and brand positioning • Philanthropic donations For your program For Marketing & The Foundation