Wall Street's correction started in February and continues to ripple through the economy. The collapse of stocks and bonds in the financial industry is now affecting the healthcare sector of the economy. In October, we saw declines in the price of already depressed payor stocks (United, Cigna, et al) and an actual shut down of the bond market for nonprofit hospitals for a while.
What lies ahead with a new president, new Congress and the continuing decline of key financial indicators? How will it affect providers and payors? And what are the best strategies for surviving?
Join Health Resources Publishing and Pam Waymack, Managing Director of Phoenix Services Managed Care Consulting for “Navigating the Financial Crisis: Implications, Tactics and Survival Strategies for the Healthcare Sector,” a 60-minute audio conference that took place in December 2008. We will share research that Pam conducted this month for a major accounting firm on the implications of Wall Street's crises to those in health care.
Here's why participants are recommending this informative session:
- "It brings the current realities of the marketplace into focus from an outside, objective perspective. A real eye-opener for those who think healthcare won't be affected"
- "Realistic picture that no one is immune"
- "Focused our staff on the subject. Wake up call."
- "Well-organized informational, fast paced"
- Payor perspective: The implications of a tightened credit
market, self-insured employers, and public payor's declining tax
revenues/growing obligations
- Provider perspective: implications of increasing patient / payor bad debt and reduced cash flow
- Ways to reduce your financial exposure
- Four financial tactics to implement today to weather the storm
- The importance of considering alternative scenarios in case assumptions
- Question and answer session
Who Will Benefit From This Audio Webcast?
Health plans, hospitals, health systems, PHO, IPA's, hospices, pharmaceutical companies, disease management companies, medical device manufacturers, healthcare technology companies, TPAs, PBMs, associations, government agencies, and employers with titles:
CEOs, CFOs, COOs, executive directors, administrators, vice president of operations, vice president of finance, business development, strategic and implementation consultants, operations executives, planners, product managers, knowledge managers, department heads, human resource benefit managers, network development and provider services directors, strategic planners, physician practice management, medical management directors, analysts, consultants, administration executives
©2008 Health Resources Publishing