Transforming Financial Performance in Healthcare Organisations

Mandarin Orchard Singapore, by Meritus, Singapore, Singapore
07 December - 08 December, 2017


Productivity and Innovation Credit (PIC) Grant - IRAS (Singapore-based companies) 
Enjoy a 40% cash payout or 400% tax reduction when you attend any of IBC Asia’s conferences/courses in Singapore! Visit www.ibc-asia.com/pic today for more information!

Course Duration: 2 Days

Key Learning Outcomes

The Context for Financial Performance in Healthcare

  • Understanding Financial Performance
  • Challenges to Financial Performance

Measuring and Benchmarking Financial Performance in Healthcare Key

  • Performance Indicators (KPIs) and Metrics
  • The Model Hospital

Calculating the Costs of Patient Care

  • The Care Delivery Value Chain (CDVC)
  • Time-Driven Activity-Based Costing (TDABC)

Strategies for Maximising Revenues in Healthcare

  • Competitive Advantage in Healthcare
  • Revenue Growth in Healthcare

Strategies for Minimising Costs and Optimising Efficiency in Healthcare

  • Capacity Strategy
  • Purchasing and Supply Strategy
  • Process Technology Strategy

 

Who Should Attend
This programme will benefit anyone, whether they have a clinical or an administrative background, who has a role in making a healthcare organization more financially sustainable or profitable. It is an ideal programme for all healthcare staff and executives who want to improve the efficiency, productivity and cost-effectiveness of their department or organisation.

Past participants in this programme have included:

  • CEOs, CFOs and COOs
  • Chief Medical Officers
  • Chief Nursing Officers
  • Chief Organisational Development Officers
  • Heads and Chairs of Clinical Departments
  • Hospital and Medical Directors
  • Operations Directors and Managers
  • Finance Directors and Managers
  • Nursing Directors and Managers
  • Administrative Directors, Executive Directors and their Assistants / Deputies
  • Strategic Analysts, Managers and Consultants

 

Course Director
Benedict Stanberry
Principal, IHLM, Oxford, UK

Benedict began his career as a medical lawyer and became a healthcare management consultant in 2001. He is presently the Principal of IHLM in Oxford and – together with his faculty colleagues – works with healthcare managers and leaders in both the public and private sectors in Europe, the Middle East, Asia and Australia.