Discover this podcast and so much more

Podcasts are free to enjoy without a subscription. We also offer ebooks, audiobooks, and so much more for just $11.99/month.

Lessons from 25 years in Healthcare FP&A

Lessons from 25 years in Healthcare FP&A

FromFP&A Today


Lessons from 25 years in Healthcare FP&A

FromFP&A Today

ratings:
Length:
48 minutes
Released:
Aug 29, 2023
Format:
Podcast episode

Description

Rick Warren, Chief Financial Officer & Chief Operating Officer, Innovation Care Partners, brings lessons from more than 25 years in Healthcare Finance. This includes roles as senior finance and FP&A roles at Ascension (one of the one of the largest private healthcare systems in the United States), Banner Health, one of the largest nonprofit health care systems in the country, and CVS Health, one of the US’s largest retail pharmacy store chains. This is a must-listen for anyone who is interested in finance procedures in healthcare and the most important metrics in healthcare for anyone in finance.  
This episode covers: 
How finance can help transform healthcare equity –  the challenge of getting lower socioeconomic group fair  healthcare coverage
Rick Moving from a political science degree to finance and ultimately CFO
The importance of Relevance over precision in FP&A
The nightmare budget which crashed before it was saved
Lessons from Boy Scout leadership positions 
Margins for hospitals still struggling post-covid 
The fundamental healthcare financial metrics including reducing hospital expenses, admissions per thousand, ER visits vs primary health care physician, SNF nursing home days spent, revenue and expense per member per month 
The secrets to effective business partnerships in FP&A
Favorite Excel Function

FP&A Today is brought to you by Datarails,the AI-powered financial planning and analysis platform.  Keep your own Excel financial models and spreadsheets and benefit from AI for data consolidation, reporting and planning.
Released:
Aug 29, 2023
Format:
Podcast episode

Titles in the series (100)

FP&A Today is the podcast for Financial Planning and Analysis. The weekly show dives into the challenges and opportunities within the world of FP&A, interviewing FP&A leaders, CFOs and other finance pros in order to give you the freshest insights and takeaways. Each week our top guests provide actionable advice about financial planning and analysis – from career goals to navigating challenges, and powerful Excel tips. Our weekly show provides unrivalled insights for navigating FP&A. FP&A Today is brought to you by Datarails. Datarails is the AI-powered Financial Planning and Analysis platform for Excel users.