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Healthcare organizations must consider a complex and dynamic set of issues in planning for the future of their facilities. Community/patient demographics, quality standards, best practices for clinical services, government regulations and public expectations are continually evolving. The condition of buildings, systems and equipment is similarly dynamic, as ongoing renewal, replacement and capital programs progress.
How to Succeed in Managing a Complex Capital Planning Process
Healthcare organizations with strong processes and systems for assessing capital assets and prioritizing and managing capital plans and spending will be best positioned to garner the budgets they need for renovations, new construction and facility maintenance.
In this webinar, we'll explore the following questions, providing insights into how healthcare organizations can gain a real-time view of their portfolio, effectively plan and prioritize capital improvements, obtain necessary funding, and exercise financial accountability.
- As ongoing renewal, replacement and capital programs progress, how can organizations efficiently maintain accurate data about the condition of buildings, systems and equipment?
- How can multiple organizational priorities be consistently and objectively evaluated to establish budget priorities?
- How can organizations control capital spending, ensuring dollars are allocated according to plan?
You’ll Learn Best Practices to:
- Maintain accurate information about capital asset condition and lifecycle
- Create capital budgets that effectively reflect organizational needs and priorities
- Forecast costs and control ongoing capital expenditures against plan
Speakers
Hector Boirie, Chief Capital Management Officer, Sisters of Mercy Health System
Frank Salamone, Senior Consultant, VFA, Inc.
Chuck Hodian, Vice President, Healthcare, VFA, Inc.
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