As technology becomes increasingly essential and the range of available technologies and tech-enabled functionality is rapidly growing, organizations are spending more on tech investments. Unfortunately, tech investments often fall short of meeting expectations.  However, with proper planning and staff engagement, organizations can position themselves to optimize the value of their tech investments. In this session, Paul Duck, Senior Associate, OPEN MINDS will discuss what needs to addressed to ensure your organization is on the path to maximizing your tech investment, including:

• How to evaluate new technologies for your organization
• Engaging staff in a best practice technology evaluation process
• Determining anticipated financial and non-financial return-on-investments for the selected technology
• Go or No-Go: Moving beyond pilot to full implementation
• Ensuring implementation success

No issue is more top-of-mind for executives of health and human service organizations than figuring out the strategic implications of the unstoppable flow of mergers and acquisitions announcements. Every day there is a new headline announcing a new partnership, leaving executives to consider their market position and ask new strategic questions: Do any of these affiliations create a “super competitor” that will be more attractive to our current consumers? Do any take away our current contracts with payers or health plans? Do any provide services “for less,” depressing our market rates and reducing our bottom line?

 

These are relatively simple questions, but the answers are quite nuanced—and, they vary by market, service, consumer type, payer, and geography. The OPEN MINDS Mergers, Acquisitions, & Affiliations Summit is designed provide non-profit provider organizations the tools they need to build a successful partnership strategy and overcome the challenges of making mergers and acquisitions work. This year, our focus is on understanding how different types of collaborations can provide different benefits and challenges for organizations—and helping executives to determine which opportunity is the best fit for their organization.

 

During this one-day experiential summit, we will hear case study presentations from non-profit provider organizations who have participated in a merger, acquisition, or affiliation in different formats. From mergers driven by the desire to increase market share, to affiliation models—each of these case study presentations will review the "ups and downs" of the process and offer strategic advice for organizations exploring the same path. Don’t miss this exclusive opportunity to hear directly from the organizations leading the way in non-profit partnerships, network with organizations looking for collaboration opportunities, and learn best practices in the merger, acquisition, or affiliation process.

 

Agenda:

• 11:00am – 11:30am The Changing Face of Mergers, Acquisitions, & Affiliations in The Non-Profit Health & Human Service Market
  • The Health Care MA&A Market Overview
  • The Many Models Of MA&A
  • The Strategy Decisions Driving MA&A
  • Opening Plenary
  • Speakers: Monica Oss, Chief Executive Officer, OPEN MINDS
  • David Guth, Chief Executive Officer, Centerstone
• 11:30am – 12:30pm: When A Merger Is Not Possible, Is A Parent-Affiliate Approach A Good Idea?
  • The Health Care MA&A Market Overview
  • Speaker: Laura H. Tyler, PhD, LPC, Chief Executive Officer, Arisa Health
• 12:30pm – 12:45pm: Break
• 12:45pm – 1:45pm: Case Study #2
• 1:45pm – 2:45pm: A Strategy For Growth: The Mosaic Story
  • Speakers: Linda Timmons, President and Chief Executive Officer, Mosaic
  • Mike Lyons, General Counsel, Mosaic
• 2:45pm – 3:00pm: Break
• 3:00pm – 4:00pm: Robins’ Nest Inc., Cape Counseling Services & NewPoint Behavioral Health Care Combine To Form Acenda Integrated Health
  • Speaker: Anthony DiFabio, Ph.D., President & CEO, Acenda Health
• 4:00pm – 5:00pm: What The Future Holds For Health & Human Service MA&A? Considerations For Boards & Executive Teams
  • Executive Roundtable featuring all presenters

Over the past twenty years the adoption of electronic health record systems (EHRs) has changed how health services are managed and delivered. But as the health care system has continued to involve with more value-based reimbursement, the push towards integrated care coordination, and the rise in consumerism - the technology infrastructure needed by provider organizations has changed and that has changed the role of the EHR and forced EHRs to evolve to keep up with the pace of change in the market. For most executives, the EHR is a major investment - and choosing the right system (or keeping the wrong system) can make or break any organization. This seminar is for any executive who is considering a new EHR system—whether it is your organization’s first EHR, or your current EHR isn’t delivering the functionality you need to be sustainable in a changing market. This essential seminar will guide you through a step-by-step process for selecting an EHR that fits all your organization’s needs. The seminar will cover:

• A best practice model for assessing the tech functionality your organization needs for future success
• Steps for vetting vendors and their products and services
• Budgeting for EHR software and implementation
• Ensuring best value and performance in contract negotiating