Agenda

Noon – 1 p.m.

Welcome back buffet lunch

1 – 4:30 p.m.

Financial acumen

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 your organization’s well-being. 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 its income statement, cash flow and balance sheet. Then, we’ll shift to understanding and estimating shareholder value.

We will introduce participants to valuation methodologies and show how to apply these techniques to estimate the value of a range of healthcare companies to better understand the key drivers behind that value.

5 – 6:30 p.m.

Closing program celebration and capstone project reception

Throughout The Academy you will apply your learning to a self-directed capstone project that addresses an issue specific to your organization. This comprehensive approach provides a valuable return on investment by applying solutions developed in the classroom to a real challenge — completing a project that can be applied within your organization.

Monday, Nov. 3

9 a.m. – 12:30 p.m.

Competitive strategy/positioning for advantage

Vrinda Kadiyali, PhD, Nicholas H. Noyes Professor of 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.

The critical decision-making advantage

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

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

5:30 p.m.

Dinner on your own

Tuesday, Nov. 4

9 – 11:30 a.m.

Conversations on leadership

Moderator: Bea Grause, RN, JD, FACHE

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

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

Paul J. Scimeca, President and Chief Executive Officer, Glens Falls Hospital

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.