This recording is an excerpt from Leadership Summit 2020, a Simione Healthcare Consultants Online Consult. It consists of the following three sessions presented over four hours.
SESSION 1: Creating Value & Finding a Best-Fit Strategic Partner
Considering a merger or acquisition to grow your business? This session presents options for strategic integration with clinical and financial insights to identify what constitutes value, and how to create more value in your organization while evaluating trends and opportunities in home and community-based care. A case study provides awareness of the approaches and goals for a multi-agency merger designed to strengthen a regional market experiencing a high level of integration across the continuum.
SESSION 2: How to Grow the Value of Your Organization
Value means many different things in the world of business. In home health and hospice, value comes from a healthy blend of clinical, financial, and administrative results that add up to efficient operations and profitable returns. This session provides an understanding of the current M&A environment, identifying the key components to grow value, the necessary data to court potential buyers, and a valuation example to illustrate potential risk and expected growth based on a deep dive into operations.
SESSION 3: Promoting a Spirit of Optimism through a Shared Vision for Home Health & Hospice
Leadership has been put to the test this year, requiring a higher level of communication and collaboration to ensure safety for employees and patients, and to stabilize clinical and financial operations amid key regulatory changes and pandemic response. The bright side of this response has been the dedication and resiliency of home health and hospice teams across the country, who need positive reinforcement and the right resources to move forward with confidence and a sense that they are valued. In this closing segment for Leadership Summit 2020, Simione Healthcare Consultants Managing Principal Bill Simione and Chapters Health System CEO Andrew Molosky discuss leadership approaches that build enthusiasm and develop an optimistic approach for organizational recovery and growth. They believe our industry is in a desirable position to improve healthcare, meeting demand for services amid new priorities. The future course of home health and hospice is full of possibilities!
Day 3 Simione Leadership Summit 2020
This product is a full recording of the final day of a three-day online training event sponsored by Simione Healthcare Consultants. The full, three-day session (12 hours) is available for purchase separately. Click here for more information about the full session.
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Leadership Summit 2020 Panelists:
William J. Simione, III, Managing Principal (Moderator)
David Berman, CPA, CGMA, CVA, Principal, Mergers & Acquisitions
J’non Griffin, President, Home Health Solutions
Christine Lang, MBA, Director, Data Consulting
Melynda Lee, MBA, Director, Growth Solutions
Julia Maroney, RN, MHSA, Managing Director
Eric Scharber, Principal, Talent Solutions (Exact Recruiting)
Rob Simione, CPA, Director, Financial Consulting
Kim Skehan, RN, MSN, Director, Compliance, Quality and Regulatory