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IMPROVING THE FINANCIAL COMPETENCIES
OF HEALTHCARE ORGANIZATION DIRECTORS

“Improving director financial literacy is key to
increasing the quality and effectiveness of health
care organization governance.”

 
Monte Dube, Esq.
Chairman, Health Law Department
McDermott, Will & Emery
Attorneys-at-Law
Chicago, Illinois

PROGRAMS

Board Financial Fitness and Savvy – Presentation (60 – 90 minutes). An overview of a healthcare organization board’s financial responsibilities and roles.
download prospectus:
click here
bffs_presentation.pdf

Board Financial Fitness and Savvy – Workshop (approximately three hours). What boards must have in place and do to ensure/enhance their organization’s financial performance and condition.
download prospectus:
click here
bffs_workshop.pdf

Finance Bootcamp for Healthcare Organization Board Members (one day, approximately seven hours). Comprehensive introduction to the essentials of healthcare organization accounting and finance ... governance-focused and director-friendly.
download prospectus:
click here
finance_bootcamp.pdf

REVIEWS

North Carolina Hospital Association – Financial Fitness and Savvy presentation:
• “A wonderful overview of what our board must do to fulfill its financial responsibility.”
• “Great ‘big picture’ presentation. Just the right mix of breadth and depth.”
• “This was offered twice and I attended both sessions.”
• “A lot covered in 90 minutes ... Denny moved at warp speed, but I got it. He stuck around for about a half hour after the session talking with those who wanted more and answering our questions.”
• “I wanted more, more, more.”

Center for Healthcare Governance, American Hospital Association - Financial Fitness and Savvy Workshop:
• From a CFO who attended the session with five board members: “This should be required for all our directors. Clearly presented, totally understandable and even entertaining.”
• “I’m a social worker and new to our board. For the first time I really understood this stuff, I really did!”
• “Super session; best of the two days.”
• “I just became chair of our board’s finance committee. This was the perfect program at just the right time for me. I have a lot to learn, but this provided me a good foundation.”
• “Denny made what is often presented as overwhelmingly complex, simple. He increased my confidence that I can master the fundamentals of finance so essential for being a board member.”
• “This session alone was worth the price of admission.”
• “Every state hospital association should offer this program.”

Healthcare Trustees of New York State – Finance Bootcamp, overall rating of 4.8 on a five point scale:
• “I haven’t seen anything like this. It’s tailored to trustees who aren’t business pros. The Bootcamp got rave reviews at our annual meeting.” Rachael Hajos, Executive Director, Healthcare Trustees of New York State.
• “The day flew by. Can’t believe I found this so interesting. When will you be offering Bootcamp II?”
• “I will be referring to the handouts and Field Manual often – wonderful resources.”
• “For me, the most important benefit of the program was a demystification of healthcare finance.”
• “I now have a foundation for starting to ask questions in the boardroom.”

University of Washington / Washington State Hospital Association – Finance Bootcamp:
• “The Finance Bootcamp is the most highly rated program for board members we’ve ever sponsored.” Robb Menaul, Vice President, Washington State Hospital Association.
• CEO who attended with three board members: “Perfection. Really hope you do another one of these as I want the rest of the board to attend.”
• “Promise fulfilled. I now have a basic grasp of the most important $$$ essentials.”
• “Billed as governance-focused and director-friendly, and it was. No CPA-speak or mumbo-jumbo here.”
• “I loved the opportunity to work with, and begin interpreting/analyzing, our own organization’s financial statements.”




Essentials of Healthcare Organization Finance: A Primer for Board Members
by Dennis Pointer and Dennis Stillman (San Francisco, CA: Jossey-Bass Publishers, 2004); 179 pp.

download table of contents:
click here
hcf_toc.pdf

 
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copyright - Dennis Pointer, 2008