Agenda

Noon – 1 p.m.

Welcome back buffet lunch

1 – 4:30 p.m.

Financial acumen

ACHE

Drew David Pascarella, Senior Lecturer, Finance, SC Johnson Graduate School of Management, Cornell University

When you make decisions without financial skills, you are unable to evaluate their impact on the well-being of your organization. All members of healthcare organizations, in administrative or clinical roles, must have a basic understanding of their organization’s financial drivers.

The first half of our session will focus on understanding and analyzing financial statements. Participants will assess the financial situation of a healthcare business by reviewing and analyzing their income statement, cash flow and balance sheet. Then we’ll shift to understanding and estimating shareholder value.

Participants will be introduced to valuation methodologies and learn how to apply these techniques to estimate the value of a range of healthcare companies to better understand the key drivers behind that value.

4:30 p.m.

Dinner on your own

9 a.m. – 12:30 p.m.

Competitive strategy/positioning for advantage

ACHE

Vrinda Kadiyali, PhD, Director, Graduate Studies, Field of Management; Nicholas H. Noyes Professor of Management; and Professor, Marketing and Economics, SC Johnson Graduate School of Management, Cornell University

Hospitals and health systems face intense competitive pressures. Survival means implementing effective business strategies that maximize efficiency and control costs; attract patients, physicians and other healthcare professionals; and build a strong, trusted reputation in the community. This session offers business strategies to manage profitability and address issues that arise from implementing these strategies.

12:30 – 1 p.m.

Lunch

1 – 5:30 p.m.

There will be a 15-minute break at 3 p.m.

The critical decision-making advantage

ACHE, CME, ANCC

Michelle Duguid, PhD, Associate Dean, Diversity, Inclusion and Belonging, and Associate Professor, Management and Organizations, SC Johnson Graduate School of Management, Cornell University

Decision-making and problem-solving skills are indispensable to leadership success in all roles and industries — including healthcare. Participants in this interactive session will identify traits of effective decision-makers, uncover the barriers to optimal problem-solving and develop an understanding of how to overcome these barriers as a way for individuals, groups and organizations to produce well-reasoned, compelling solutions to complex organizational challenges.

6:30 – 8 p.m.

Capstone reception and dinner

Throughout The Academy, you will apply your learning to a self-directed capstone project plan that addresses an issue specific to your organization. This comprehensive approach provides a valuable return on investment by applying solutions developed in the classroom and leveraging idea sharing with participants dealing with similar real challenges to complete a project plan that can be applied within your organization.

9 – 11:30 a.m.

Conversations on leadership

ACHE

Moderator: Bea Grause, RN, JD

Helen Arteaga-Landaverde, MPH, PhD, Chief Executive Officer, NYC Health + Hospitals/Elmhurst

Andrew L. Davis, MBA, Chief Operating Officer, Erie County Medical Center Corporation

Brian Donley, MD, Executive Vice President and Chief Operating Officer, NewYork-Presbyterian

Sandra R. Scott, MD, Interim Chief Executive Officer, One Brooklyn Health System

During this panel discussion, hospital leaders will share their strategies to address pressing issues and sustain their organizations’ missions.

11:30 – 11:45 a.m.

Closing remarks

Boxed lunches will be available.