Explore strategies vital to the optimization of your organization’s current financial resources and discover areas of unrealized reimbursement potential. In this track, join executives and supply chain decision-makers as you break down margin at risk as well as methods for accessing optimized reimbursement, the intricacies behind the cost for a supplier to serve an IDN, and strategic approaches to spend governance. 

Financial Optimization Track is from 1:00 PM to 5:00 PM on Monday, April 7. For more information contact Trey Beuttel or call 859.523.5701

1:00 PM - 2:00 PM

Supply chain leaders are uniquely positioned to identify both untapped margin as well as areas of unrealized reimbursement potential. Looking ahead, it is necessary to identify margin at risk to not only catch the attention of your CFO, but also to evaluate areas for growth and assist your organization in accessing revenue and optimizing margins. 

 

Join industry experts as they explore key strategies for identifying margin at risk and uncover opportunities for improving financial performance within your organization.

 

Learning Objectives:
1. Identify methods to strategically optimize reimbursement in your organization.
2. Outline areas in your organization’s Supply Chain where margin is currently at risk or has the potential to be at risk in the near future.
3. Analyze the implications of reimbursement under the new administration.
4. Formulate an actionable plan for improving and optimizing margin in your operations. 

2:30 PM - 3:30 PM

Effective supply chain collaboration requires a nuanced understanding of the total cost for suppliers to serve an IDN. By examining the intricacies that make up the “cost to serve,” supply chain executives and their supplier partners can uncover new avenues for driving mutually beneficial efficiencies and optimizing margins.

 

Join industry thought leaders as they discuss strategic ways to work with suppliers in a way that benefits both sides of the partnership and goes beyond getting a good price. 

 

Learning Objectives:
1. Define cost to serve and the factors that contribute to it within your organization. 
2. Identify potential inefficiencies in your current supplier partnerships.
3. Analyze the differences between thinking about high volume items rather than the whole book.
4. Evaluate the benefits of taking a formulary approach to the topic of cost to serve.

4:00 PM - 5:00 PM

In today's healthcare supply chain environment, the concept of "spend under control" extends far beyond traditional utilization strategies and value analysis processes. Modern supply chain leaders are redefining their approach to spend governance in both clinical and non-clinical settings alike. This evolution requires supply chain professionals to move beyond their “traditional” role and actively engage with business owners to drive accountability for spend decisions.

 

Join industry experts as they explore innovative approaches to spend management and share strategies for elevating supply chain's influence in spend decisions.

 

Learning Objectives:
1. Define spend under control as it relates to your organization. 
2. Formulate a list of actionable spend management insights that can be immediately implemented within your organization.
3. Compare spend governance implications in both clinical and non-clinical settings.
4. Analyze the differences between managing spend versus spend under contract.

For more information on the 2025 Spring Summit, please contact Trey Beuttel.

Trey Beuttel
Director, Provider Relationships and Education
859.523.5701