Gettysburg, Pa. (February 12, 2023) —Strengthening financial sustainability is high on most strategic plans. On March 16 at 1:00 PM ET, Mikel Briggs, President and Chief Executive Officer, of Little Friends, Inc. will share his organizations strategies to maximize revenue and sustainability during, “Strategies For Strengthening Financial Sustainability – The Little Friends Approach.” The one-hour, virtual roundtable will be moderated by Ken Carr, Senior Associate for OPEN MINDS, as part of the CFO Consortium Series.
“With the turbulent market, it is critical for provider organization executives to focus on sustainability,” said Monica E. Oss, Chief Executive Officer for OPEN MINDS. “Understanding the tools available, the strategies that have worked, and the tactics to execute are critical to success.”
Mr. Briggs will share the approach taken by Little Friends when he joined the executive leadership team in 2017. Executive attendees will learn about key metrics to evaluate service portfolios and unit rates for growth and profitability. Mr. Carr and Mr. Biggs will also discuss tactics to identify new service lines and strategies to maximize revenue while diversifying your payer mix.
To register for the 1:00 p.m. ET, March 16 event, visit https://attendee.gotowebinar.com/register/6659961160173423447. There is no cost to register, but a free membership in the OPEN MINDS Circle is required.
This roundtable is part of The OPEN MINDS CFO Consortium developed to provide executives with the tools and abilities to strategically assess and position their organizations for long-term sustainability and growth. The consortium is open to all OPEN MINDS Circle Elite members, to learn more about an Elite membership, visit www.openminds.com/elite. Circle Elite members can sign up for the CFO Consortium on the My Membership tab of your Elite account page.
The March 16 Circle Elite Executive Roundtable is offered as part of a weekly series designed to help executive teams navigate the business, organizational, operational, and culture changes of a market in turbulence during (and after) the COVID-19 crisis. Each one-hour briefing outlines a field-tested approach for recovering from the crisis and developing a plan for organizational sustainability. Once an exclusive benefit to Elite members of the OPEN MINDS Circle, these impactful sessions are now available to all OPEN MINDS subscribers and available on demand.
Speaker Bios
Mikel S. Briggs, President & Chief Executive Officer, Little Friends, Inc.
Mikel Briggs began his business career with IBM in the Data Processing Division of computer sales before running manufacturing companies at age 28. Over the last 30 years, Mr. Briggs has served as President and Chief Operating Officer of three companies, each with $85-110MM in revenue. Mr. Briggs has served on multiple boards including serving as Chairman of the Board of Millikin University. He retired in December 2015 and joined Little Friends Board of Directors, coming out of retirement in 2017 to serve as President and Chief Executive Officer of Little Friends. Mr. Briggs is a 1979 graduate of Millikin University with a B.S. in Marketing and is a 2000 graduate of Northwestern University Kellogg Management Institute.
Ken Carr, Senior Associate, OPEN MINDS
Ken Carr brings more than 20 years of finance, technology, data analysis, and reporting experience in the health and human services field to OPEN MINDS. As Senior Associate with OPEN MINDS, he has served as a subject matter expert leading numerous engagements in strategic planning, merger and acquisition prospecting, business process improvement, financial analysis of services lines, and technology selection. Prior to joining OPEN MINDS, Mr. Carr was the chief financial officer of The Centers, a community mental health center in Ocala, Florida, and led a realignment of the organization’s financial management function.
About OPEN MINDS
OPEN MINDS is a national market intelligence, management consulting, and marketing services firm specializing exclusively in the markets of the health and human service field that serve consumers with chronic conditions and complex support needs. OPEN MINDS mission is to provide payers, service provider organizations, and technology and scientific firms that serve these consumers with the market and management knowledge needed to improve their organizational efficiency and effectiveness. Learn more at www.openminds.com.
