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2009 MEDITECH Customer Events

2009 MEDITECH Customer Events. Financing IT PROJECTS: Successfully Linking, Financial And Technology Strategies. Bradley R. Swenson, VP – Winthrop Resources Member: MUSE, HFMA, MGMA, HIMSS, AICPA. * Accenture Ads – 2007-2009. * Accenture Ad - 2009.

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2009 MEDITECH Customer Events

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  1. 2009 MEDITECH Customer Events Financing IT PROJECTS: Successfully Linking, Financial And Technology Strategies Bradley R. Swenson, VP – Winthrop Resources Member: MUSE, HFMA, MGMA, HIMSS, AICPA

  2. *Accenture Ads – 2007-2009

  3. *Accenture Ad - 2009

  4. How Will Your Strategies Be Affected By The “Forces of Change”?

  5. How Will Your Strategies Be Affected By The “Forces of Change”?

  6. Agenda • Linking Business/Financial and Technology Strategies • Identify Healthcare Forces of Change • The ARRA/HITECH Carrot/Stick • Mapping Costs to Benefits Received by ARRA and System • Q & A

  7. Link Your Business/Financial With Technology Strategies BUSINESS/FINANCIAL STRATEGIES “…technology is not a goal; its an enabler. Technology only matters in so far as it enables sound business processes.” Robert Fromberg, Editor-in-Chief HFM ENABLES DRIVES TECHNOLOGY STRATEGIES

  8. Linking Business/Financial With Technology Strategies

  9. How Will Your Strategies Be Affected By The “Forces of Change”? BUSINESS/FINANCIAL STRATEGIES OPPORTUNITY RISK TECHNOLOGY STRATEGIES

  10. Identify Your Forces of Change Healthcare IT is impacted by Market, Hospital and Technology Forces of Change Definition of "Meaningful Use” Changes in the “Carrot/Stick of ARRA/HITECH HIPAA • CCHIT, Changes in Standards • Implications of Interoperability • Vendor Trials/Tribulations • ICD10 Integrating with Affiliated MDs Clinical User Adoption Financial Implications Marketing/Competitive Implications

  11. Healthcare Forces of Change - Technology • TECHNOLOGY • Workflow Efficiencies • Better, Cheaper, Faster • New Standards • Vendor Trials/Tribulations

  12. Healthcare Forces of Change – Technology: Moore’s Law Moore’s Law: transistor count doubling every two years 4004 Dual-Core Itanium Pentium

  13. Healthcare Forces of Change – Technology: CT

  14. Healthcare Forces of Change – Technology: Women’s Imaging

  15. Healthcare Forces of Change – Technology: Women’s Imaging

  16. Healthcare Forces of Change – Technology Hospital • HOSPITAL • Mission • Recruiting/Retaining Staff • Competition • Financial

  17. Healthcare Forces of Change – Hospital: Recruiting/Retaining MDs

  18. Healthcare Forces of Change – Hospital: Financials

  19. Healthcare Forces of Change – Hospital: Competition

  20. Healthcare Forces of Change – Hospital: Recruiting/Retaining MDs 100% Computerized Doctor Orders 100% Medication Scanning

  21. Healthcare Forces of Change – Hospital: Coop-etition

  22. Healthcare Forces of Change – Hospital: Recruiting/Retaining MDs • MARKET • The Economy • Reimbursement • Regulatory • Government • Consumerism

  23. Healthcare Forces of Change – Hospital: Consumerism

  24. Healthcare Forces of Change – Hospital: Consumerism

  25. Healthcare Forces of Change – Hospital: Consumerism

  26. Healthcare Forces of Change – Hospital: Consumerism

  27. Healthcare Forces of Change – Market: ARRA

  28. HITECH Act: What is meaningful Use?

  29. HITECH Act: How close are we to ‘Meaningful Use’? *HIMSS Analytics

  30. HITECH Act: How close are we to ‘Meaningful Use’? *Healthcare Informatics - 07.09

  31. EHR – Affiliated Physicians

  32. Build Agility into Strategy Lease Lease Loan Loan Tax-Exempt Tax-Exempt Cash Cash Bond Bond

  33. What Technology Requires Agility? Lease Lease Loan Loan Tax-Exempt Tax-Exempt Cash Cash Bond Bond

  34. Build Agility into Strategy

  35. Build Agility into Strategy

  36. Mapping Costs to Benefits Received by ARRA & MEDITECH

  37. Build Agility into Strategy BUSINESS/FINANCIAL STRATEGIES • Linking Business/Financial and Technology Strategies • Identify Healthcare Forces of Change • The ARRA/HITECH Carrot/Stick • Mapping Costs to Benefits Received by ARRA and MEDITECH TECHNOLOGY STRATEGIES

  38. *Accenture Ad - 2009

  39. BRIAN SLIPKA Winthrop Resources – General Manager Carolinas bslipka@winthropresources.com 952.936.0226 DAN MANDY Winthrop Resources – Government Affairs dmandy@winthropresources.com 952.656.7687 BRADLEY R. SWENSON Winthrop Resources – VP Healthcare Practice bswenson@winthropresources.com 952.656.7689

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