Conversation with Chiefs:
How to Get True Financial ROI From AI
Wednesday, September 11, 2024
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. 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:
Identify innovations that transform operations, including resource allocation, efficiency, and capacity management.
Learn from the Loma Linda Surgical Operations case study how automated workflows for Enhanced Efficiency and Improved Access in the OR delivered significant value.
Describe examples of how leaders are using Generative AI in hospital operations.
DATE | TIME | LOCATION |
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Wednesday, September 11 | 6:00pm – 8:30pm PT | 3091 Lampson Ave
Seal Beach, CA 90740
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Sharon Lum, MD, MBA
Chair, Department of Surgery, Loma Linda University Health
Sharon Lum MD, FACS is Chair of the Department of Surgery at Loma Linda University School of Medicine. She holds dual appointments as Professor of Surgery at Loma Linda University and University of California, Riverside Schools of Medicine. She is Medical Director of the Breast Health Center at Loma Linda University and Director of Breast Surgery at Riverside University Health System. She has been a dedicated breast surgeon for over 20 years and specializes in caring for patients with malignant and benign conditions of the breast. A graduate of Harvard College and Washington University School of Medicine, she trained in general surgery at Oregon Health and Sciences University, where she completed an American Cancer Society Clinical Research Fellowship. She is Secretary-Treasurer of the Southern California Chapter of the American College of Surgeons, Recorder of the Pacific Coast Surgical Association, Governor in the American College of Surgeons, and Vice Chair of the Quality Integration Committee of the Commission on Cancer. She is a member of the Health Equity Advisory Group and the Legislative Committee of the American Society of Breast Surgeons. Her research interests include disparities and quality measures in breast cancer care, and she enjoys mentoring trainees in clinical and health systems research.
Mohan Giridharadas
Founder & Chief Executive Officer, LeanTaaS
As the founder and CEO of LeanTaaS, Mohan has worked closely with dozens of leading healthcare institutions including Stanford Health Care, UCHealth, UCSF, New-York Presbyterian and more. Mohan holds a B.Tech from IIT Bombay, an MS in Computer Science from Georgia Institute of Technology, and an MBA from Stanford Graduate School of Business. He is on the Faculty of Continuing Education at Stanford University and UC Berkeley Haas School of Business. Mohan has been named by Becker’s Hospital Review as one of the “Top Entrepreneurs Innovating in Healthcare.”