Aging infrastructure, increased regulatory requirements, and the rising costs and resiliency of energy continue to be major challenges for health care. The continuing drive to control and reduce operational spend complicate and challenge health care facilities in the ability to fund necessary projects to meet the demands of regulators, patients and staff in providing safe, comfortable and efficient hospitals. Solutions to these financial challenges exist and are being leveraged by public, investor owned and not-for-profit health care facilities across North America.
In this session, we’ll discuss the variety of funding mechanisms available to assist health care leaders in meeting their facility infrastructure goals. From widely used rebates and grants to the more innovative approaches on lifecycle management contracts, off-book financing, contingent payment programs, and P3 (public private partnerships or private private partnerships). We’ll walk through the steps of identifying projects that add value to the organization, determining the value/ROI and building the business case that meets the needs and expectations of your CFO.
- Understanding the types of challenges/projects that can be solved through innovative funding
- Building the case (financial and mission) to support your project
- Understanding the funding mechanisms available for facility infrastructure projects
- Tips on making business case to your CFO