In the past decade, healthcare economics has experienced profound and revolutionary changes, significantly impacting healthcare funding, delivery, and reception. These evolving economic conditions not only collectively influence project budgets and schedules but how they are designed, staffed, and owned. Key trends like liquidity, rising costs, labor challenges, mergers and acquisitions, and venture capital are just some of the influences dramatically impacting healthcare design. These variables and assumptions have historically been hidden in business plans and financial models; not extrapolated into the built environment but things are changing… rapidly.
In this webinar, industry thought leaders will discuss the current situation and macro trends affecting the healthcare industry, helping you understand financial dynamics and potential challenges. You will also gain insights into the evolving healthcare fiscal policy and execution, its present direction, and implications for designers to collaborate with clients in crafting short- and long-term cost reduction strategies for the future.
William J. Hercules, FAIA, FACHA, FACHE
Bill Hercules inspires healthcare leadership teams, by shaping their future places of care. Having planned and/or executed work for healthcare clients totaling 26.3-MSF and $10.2B(PV), Bill’s cross-disciplinary approach to bold ideation leads healthcare leaders to accelerate progress by creating frameworks that attract the future through inquiry within organizations, and by approaches outside of healthcare’s historical channels.
Bill founded WJH Health, a global consultancy that resolves the nexus of mission, health, performance, and experience for future-oriented health systems. He is the only practicing global triple-Fellow in the American Institute of Architects (AIA), the American College of Healthcare Architects (ACHA), and the American College of Healthcare Executives (ACHE).
Michelle Mader, MHA, MBA
Michelle Mader is a Managing Director at Ankura. For more than 22 years she has guided the transformation of healthcare organizations with a broad range of system-based strategic initiatives, specializing in national, multi-state and regional network planning, ambulatory and provider optimization, identifying operational efficiencies, financial due diligence, and right-sizing facility program development and implementation.
Financially, Michelle has helped healthcare providers identify their strategic thresholds, within changing payer mix and regulatory parameters, so they can evaluate their ability to achieve financial objectives, pursue capital investments, and fulfill missions. This is highlighted in her ability to facilitate consensus and consistently obtain capital approval within executive leadership teams and associated governing boards.
CEO Becker's Healthcare/Partner, McQuireWoods
Scott Becker is a partner in the healthcare department at McGuireWoods. He previously served on the Board of Partners of the firm and chaired the healthcare department for nearly 13 years.
Scott is the founder and publisher of Becker’s Hospital Review and Becker’s Healthcare. He represents hospitals and health systems, healthcare companies, surgery center chains, large practices and private equity funds.
Scott is a Harvard law graduate and certified public accountant.
Senior Vice President
Erik Swanson is a Senior Vice President leading Kaufman Hall’s Data and Analytics Group. His responsibilities focus on building cutting-edge data science tools and leveraging big data to provide deeper and more timely insight, drive operational improvement, and develop thought leadership to help our clients and consultants achieve the most meaningful outcomes.
His areas of expertise span artificial intelligence and machine learning, big-data analytics, and parallel computing, along with deep healthcare knowledge with a focus on performance improvement, financial planning, and strategy with providers of all types and sizes. Erik is a frequent contributor of thought leadership and currently publishes the National Hospital Flash Report and is a regular speaker for industry associations, organizational boards, and annual conferences.
Mr. Swanson holds an M.P.H. in Healthcare Management and Policy from Columbia University, an M.S. in Physiology and Biophysics from the University of Illinois at Chicago School of Medicine, and a B.S. in Biomedical Engineering from Rensselaer Polytechnic Institute.