Sharon Kelley Speaks on the Benefits of Scenario Planning in Preparation for Healthcare Reform
Posted Dec 08 2012 4:30am
(1888PressRelease) Sharon Kelley, an accomplished financial management executive with extensive expertise in healthcare financial leadership, provides insight into how healthcare Chief Financial Officers can effectively prepare for healthcare reform.
Pittsburgh, PA - Sharon Kelley, a speaker at the National Healthcare CFO Summit, shared her ideas on the benefits of scenario planning in preparation for America's upcoming healthcare reform.
According to former healthcare CFO, Sharon Kelley who currently serves as an Independent Consultant and Revenue Cycle Subject Matter Expert, healthcare Chief Financial Officers should begin preparing for the impacts of the American healthcare system's transformation by ensuring that they offer a delivery model that will encompass the necessary success items for an accountable care organization (ACO).
As Sharon Kelley explained, establishing the right efficiencies within the organization is an essential part of being effective in an environment of increased volume and lower payments as we transform from an uninsured market. As the pre-existing cost model of the current healthcare system is scrutinized, scenario planning should be a key focus in determining the preparedness of a healthcare organization.
Sharon Kelley believes the focus within healthcare organizations will change from solely growth driven solutions to an approach based in leadership competencies. "Infusion of talent is important. The best and brightest finance people are not necessarily putting healthcare as their number one choice, even though it is one of the few sectors projected to have significant growth over the next 10 to 20 years, explained Sharon Kelley. "We must start attracting talent even if it is from other industries that may have gone through some of the same types of struggles that the healthcare industry expects to experience in the next four to five years."
In terms of long term strategies, Sharon Kelley suggests breaking through the traditional roles and driving a lot of the change. By creating the case for change, explains Sharon Kelley, we can play a bigger role in determining the outcomes for both post transformation and post healthcare reform.
About Sharon Kelley
Sharon Kelley is an accomplished financial management executive with extensive expertise in healthcare financial leadership. She currently serves as an Independent Consultant and Revenue Cycle Subject Matter Expert at Soar Consulting, LLC. Sharon Kelley attended Duquesne University and University of Pittsburgh.