This session was held on February 13th. Resources & Presentations for this session are posted below.

Session 2: Key Financial Parameters, Data, Analytics & Reporting

February 13, 2020 | 12pm – 5pm

Learning Goals:

  • Recognize the importance of understanding your organization’s finances related to mission and services
  • Describe and plan for changes within the organization that affect cash flow, ROI and financial reporting
  • Identify and discuss the organization’s need for data for VBP
  • Identify missing data elements needed to develop a robust analytics program required for VBP
  • Explore how to integrate financial and data analytics into a value proposition

Visiting Nurse Service of New York
Main Conference Room
107 East 70th Street
New York, NY 12180

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Guest Speakers:

Erik Eddy, Ph.D. – Siena College
Professor of Management
Executive Director of the Institute for Leadership Development
Full Bio

John W. Gahan Jr. – NYS Department of Health (Retired)
Director, Bureau of Vital Access Provider Reimbursement,
Office of Health Insurance Programs
Full Bio

Mark Rucci – SpectraMedix
VBP Product Manager
Full Bio

Agenda:

12:00 pmLunch
12:30 pmIntroduction / Kickoff
1:00 pmAssessing Financial Measurement Tools
2:15 pmExploring Finance for our Organization
2:45 pmBreak / Snacks
3:00 pmThe Importance of Data Analytics
4:15 pmExploring Data Analytics for Our Organization
4:45 pmConclusion and Homework Assignment for Session #3

Erik Eddy, Ph.D.

Siena College
Professor of Management
Executive Director of the Institute for Leadership Development

Erik Eddy is an Professor of Management at Siena College. Erik’s primary teaching areas include strategic planning, human resource management, and organizational development and change. Erik also conducts research on a variety of topics including mentoring, leadership, and team performance. Erik is the Director of the Institute for Leadership Development at Siena.

Erik received a bachelor of business administration from James Madison University in 1990, master degrees in business administration and organizational development from Bowling Green State University in 1993 and a doctor of philosophy from University at Albany (SUNY) in 1997.

John W. Gahan Jr.

NYS Department of Health (Retired)
Director, Bureau of Vital Access Provider Reimbursement,
Office of Health Insurance Programs

Mr. Gahan graduated from Bryant College with a Bachelor of Science degree in Accounting and began his career as an Analyst in the Department of Health, Division of Health Care Financing. In 1985, he became Assistant of the Bureau of Hospital Reimbursement which merged with primary care in 2005 where he then became Director of the Bureau of Primary and Acute Care Reimbursement. Mr. Gahan’s major responsibilities included DSRIP, Safety Net Reimbursement, Vital Access Provider Program and Indigent Care. 

Mark Rucci

SpectraMedix
VBP Product Manager

Mark Rucci is the VBP Product Manager at SpectraMedix, a healthcare analytics software company whose mission is to help healthcare entities succeed, through innovative data intelligence, under value-based payment programs in the Medicaid, Medicare, and commercial markets.

Mark comes to SpectraMedix with over 35 years of experience providing strategic planning, management, operations, contracting, actuarial, and analytics services to risk-assuming healthcare organizations.

Most recently, Mark served as the President and CEO of Partners In Care, Inc., a New Jersey IPA with 700 member physicians, and its subsidiary, the Partners In Care ACO, where he directly managed a portfolio of ACO and VBP contracts on behalf of 75,000 attributed beneficiaries.

At SpectraMedix, Mark provides vision to the company’s VBP Performance Suite which offers VBP Contract Modeling, Healthcare Analytics, and Cohort Management tools to the Medicaid, Medicare and commercial health care markets.