Executive Leadership Track

Executive Leadership Track: IDN Profitability Trends

Wednesday, September 15, 2021 2:00 PM - 3:00 PM

Speakers: Richard Bagley and LeAnn Born

During 2020 you had to quickly pivot your IDNs infrastructure to respond to the COVID-19 pandemic and implement financial models that were being devised in, what seemed like, a weekly basis. Now that your organization is returning to a more normal workflow, financial considerations are again moving back to the top of your priority matrix. Join us as we review the foundational shifts that are occurring within IDNs that impact your supply chain organization and learn how you can push stakeholders to adapt and innovate to increase margin, gain new revenue opportunities, and take-advantage of the shift to a more patient-centric care model.

Learning Objectives:

  1. Outline the healthcare trends impacting IDN profitability.
  2. Evaluate plans of action to increase collaboration between stakeholders and drive increased profitability.
  3. Outline potential strategies to reduce costs and generate revenue post-pandemic.
Richard Bagley
Full Name
Richard Bagley M.B.A, CPSM, PMP
Title
Senior Vice President & Chief Supply Chain Officer
Organization
Penn State Health
Speaker Bio
As SVP and Chief Supply Chain Officer for Penn State Health, Richard leads the Penn State supply chain to deliver best in class solutions to the customers and patients we serve in central Pennsylvania. Richard is actively engaged in transforming the existing materials function. Penn State health is a $2.5B IDN anchored by the Penn State Milton Hershey Medical Center. Prior to Richard’s current role, he led the sourcing and contracting team at Intermountain. Richard has worked for 3M Health Information Systems in development of their electronic medical records. Richard has also worked for Siemens developing commercial IT products. Richard is a graduate from the University of Utah with a degree in computer science and also has a master’s degree in business administration from the University of Phoenix where he has taught 17 years.