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Financial Performance Improvement Group Workshop. March 3&4

Meeting

Agenda

Other Information

Dates
Thursday, 3 March 2016 - Friday, 4 March 2016

Meeting Code
HRT1602

Location
Novotel Central
169-179 Thomas Street
Sydney
NSW

Would you like more information?
Chris O'Gorman
chris.ogorman@healthroundtable.org

Formerly known as the Costing Improvement Group, the name change better reflects the purpose that is to help members understand and control costs and revenues. The focus of the 2016 Workshop will be on providing flexible analytical tools for health services to interpret cost variations and implement cost effective solutions. Click here for brochure

Activity Based Funding is now firmly in place across Australia. More Health Services are looking for cost and revenue improvement opportunities across all programs. The Health Roundtable provides the most timely, in depth cost and revenue analyses, and peer comparisons in Australia.

¨ Join the Financial Performance Improvement Group for 2016 and we will collect, analyse and report costs and revenues for 2014/15 across the continuum of care – Emergency, Acute Inpatients, Mental Health, Sub-acute and Ambulatory services.

¨ We will benchmark your costs and NWAU revenues with your peers and highlight significant savings opportunities.

¨ We will show your profit and loss for each of these services using your own NWAU prices. Simply enter the price for your jurisdiction and instantly see how much you are making or losing for each episode, clinical service, clinical department, service stream or your entire health service.

¨ New group members are also invited to attend the March 2016 meeting in Sydney to review the 2014/15 reports and benchmarking.

Download this as a PDF

THURSDAY MARCH 3 2016
7.15 – 7.30	Registration for Optional Masterclass – Health Roundtable data
7.30 – 8.45am	Breakfast Meeting - Optional Masterclass – Health Roundtable data The Health Roundtable team will provide an overview of our reports relating to Costing – including Inpatient briefings, Departmental Reports, Cost & Revenue pivot tables, and our online tools. *(All first time attendees and those interested in understanding how Health Roundtable bench-marking data is compiled, and how it can be used, are strongly encouraged to attend this session).*
8.30 – 9.00am	Registration for Financial Performance Improvement Group - those not attending the Masterclass (Arrival Tea and Coffee)
9.00 – 9.30am	Welcome and Introductions
9.30 – 10.15am	Setting the Stage 1. IDENTIFYING THE CRITICAL ISSUES for improved financial performance. Thought Starter Presentation – Dr David Rankin Clinical Director at Medibank. David is responsible for providing clinical oversight to Medibank’s determination of value in its purchasing arrangements. David will describe Medibank’s recent move towards Value Based Purchasing and discuss possible implications of this Policy for the Public Health sector.
10.15 – 10.40am	A review of AIM statements developed last year – successes and failures from last year. Part 1 - Key Insights from Comparative data presented by HRT staff will provide that may help explain or illustrate the significance of current *burning platform issues* of financial performance.
10.40 – 11.10am	Morning Tea
11.10 – 12.40pm	Setting the Stage 2. IDENTIFYING AND/OR DEVELOPING THE BURNING PLATFORM ISSUE THAT WILL NECESSITATE CHANGE FOR IMPROVED FINANCIAL PERFORMANCE. Part 2 - continuation of Key Insights from Comparative data presented by HRT staff. Team Discussions: What has been identified from the morning’s presentations? What is the burning issue(s) for my hospital / network /DHB? What needs to be done to make a transformational improvement in Financial Performance using Clinical Costing data?
12.40 – 1.30pm	*Lunch*
1.30 – 2.15pm	Setting the Stage 3. Second thought starter presentation – George Kapitelli, Exec. Director Finance and Logistics, Melbourne Health. George has come to Health from the Motor Industry. He will compare the use and application of costing data between the two industries and provide insights on what Health must do to make patient cost information more relevant to effective budgetary and financial management.
2.15 – 3.30pm	‘Innovations’ Poster session - Learning from improvements made by other health services. Each facility to highlight one or more innovation project focussing on initiatives around the use of clinical costing information in performance improvement at their Health service.
3.30 – 3.50pm	Afternoon Tea
3.50 – 4.20pm	Top 3 Poster presentations - Top Innovations – more detailed presentation of selected posters with discussion and questions. Share and steal market place.
4.20 – 5.15pm	Making things happen 1. Health Service team action planning. – Deciding how transformational change can occur and developing a clear vision of the change activities that are needed.
5.15pm	Meeting Ends for Day One
6.30pm	Group Dinner (Optional) – Venue to be advised

FRIDAY March 4 2016
8.30 – 9.00am	*Arrival Tea and Coffee*
9.00 – 9.15am	Recap of Day 1 issues
9.15 – 10am	Third thought starter presentation - Mr James Downie - Acting Chief Executive IHPA. James will bring the group up to date with latest Policy, Pricing information and possible future directions, including IHPA’s stance and future thinking around payments for avoidable errors and ‘never’ events.
10.00 – 10.40am	Making things happen 3. Identifying the key obstacles we face – Why most hospitals fail with introducing change – what can we do differently? - Communicating for understanding and buy-in - Empowering others to act - Producing short term wins
10.40 – 11.10am	*Morning Tea*
11.10 – 12.40pm	Making things happen 3 cont. Solving burning platform issues of improving financial performance – (Small group discussion with other participants from same state or country on how issues can be addressed).
12.40 – 1.30pm	*Lunch*
1.30 – 2.50pm	Making things happen 4. – Not letting up – creating a new culture - Team Action Planning Participants will work with their own health service team again to develop and write an Aim Statement and Action Plan based on the good ideas you have heard. All plans will be placed on wall posters for general improvement discussion / suggestions by other teams. Finally, teams refine their action plans. Teams to input into our online system the key issues / things they need help with around their Action plan.
2.50 – 3.00pm	Discussion about topics for 2017 and closing comments.
3.00pm	*Meeting concludes*

HRT1602-Financial Performance 2016-Agenda-Registration-flyer (updated James Dowie pic and bio)

Accommodation & Flight Arrangements

Delegates are responsible for making their own accommodation and travel/flight arrangements.

Hotel Rate

Novotel Sydney Central, 169-179 Thomas St, Sydney NSW 2000

$239.00 Room only, $20 Breakfast for a standard queen room

Please book:

Tel: 02 9281 6888 Ref: CHAP0316

http://www.novotel.com/gb/hotel-8781-novotel-sydney-central/index.shtml

All bookings are subject to availability 30 days prior to first arrival. Bookings made within 30 days will be offered best available rate. Any cancellations made within 7 days prior to arrival will be charged in full.