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ACHE Lunch & Learn:
How AI powered Capacity Management Solutions Can Increase EBITDA by 5% Points

Join us Monday, March 25, 11:45 am-1:45 pm CT

Every day, financial burdens are forcing more and more hospitals to close their doors or merge with competitors. Turning around healthcare profit margins requires effective and optimized capacity and workforce management. When done right, optimizing your resources — including operating rooms, infusion chairs, inpatient areas, and staff — can increase EBITDA by 5 percentage points. In today’s healthcare landscape, this is the difference between survival and success.

Effective capacity and workforce management requires not just the best AI and automation, but also dedicated change management services to ensure that people — and the bottom line — are getting the most out of the technology. Discover how this magic equation of software and services is already boosting revenue by helping health systems of all sizes perform 30-50 more OR cases annually and earn an extra $10k per inpatient bed annually. See how AI-based scheduling optimization reduces delays by 80% while machine learning accurately forecasts and matches staff to demand, and how automation eliminates 500k hours of repetitive tasks across organizations.

Session Objectives:

  • Assess innovations that transform operations, including resource allocation, efficiency, and capacity management.
  • Hear real-world case studies from healthcare organizations that have used AI and machine learning to achieve profitability and sustainability.
  • Get a peek at the future of hospital operations using Generative AI
DATE
TIME
LOCATION
Tuesday,
February 6
7:30PM MT
6770 N Sunrise Blvd Suite G207, Glendale, AZ 85305
ORBMC DINNER

This evening in Chicago includes transportation, dinner, and wine tasting.

Join us for the opportunity to speak with your health system peers and network with other executives.

Round-trip transportation included –pick up from the Hyatt Regency Hotel at the East Tower main entrance off Wacker Drive

PICK-UP
DROP-OFF
6:30 PM CT
9:45 PM CT
Hyatt-Regency-Map.png

Chapter 1: The Looming Challenge

If you work in the healthcare industry, or even if you’re just an interested observer, you don’t need a book to tell you that the financial pressure is on as never before. A perfect storm of circumstances is swirling together, one that will make survivability, not to mention profitability, a greater challenge for healthcare companies than we’ve seen in the modern era.

As with banks, retailers, and airlines, which had to rapidly enhance their brick-and-mortar footprints with robust online business models—it is the early movers eager to gain new efficiencies that will thrive and gain market share. The slow-to-move and the inefficient will end up being consolidated into larger health systems seeking to expand their geographical footprints.

The pressures on healthcare

Let’s look at just a few of the looming challenges healthcare must meet head-on.

An aging population

By the year 2030, the number of adults sixty-five years of age or older will exceed the number of children eighteen years or younger in the United States. We are living longer than our parents did. Positive news for sure, but problematic for several reasons.

The older we get, the more medical help we need. Older people have more chronic diseases. By 2025, nearly 50 percent of the population will suffer from one or more chronic diseases that will require ongoing medical intervention. This combination of an aging population and an increase in chronic diseases will create a ballooning demand for healthcare services.

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