/ en Wed, 07 May 2025 14:23:56 -0500 Tue, 21 Jan 25 12:40:36 -0600 /hcfm-series/optimizing-health-care-finance-facilities-managers-handbook Tue, 21 Jan 2025 12:40:36 -0600 Financial Management /core-competency-framework/finance Wed, 17 Jul 2024 11:39:00 -0500 Financial Management /education-events/deferred-maintenance-vs-esg-investment-where-do-we-start-lunch-learn <p><a class="btn btn-primary btn-lg" href="https://smithbucklin.zoom.us/rec/share/JE8vilhv-C5fo10wBsQbjmf19NqLIdAyN9irr6hUC2E-MhJ9zkYWNXhaakCPHR4s.vL08Kj1wu6XXxBbW?startTime=1718902816000">Watch Recording</a></p><h3><small class="sm">Description</small></h3><p>Healthcare organizations face continuous pressure to effectively manage expenses and improve profit margins while meeting growing demands in the communities they serve. In parallel, the infrastructure is getting older, with deferred maintenance statistics increasing year over year. Healthcare organizations are seeking to increase energy efficiency and reduce carbon emissions. It is a perfect storm of conflicting financial priorities - so where do we start? Join this session to learn about asset-driven budgeting and forecasting.</p><h3><small class="sm">Learning Outcomes:</small></h3><ol><li>Gain insight into distinguishing between discretionary & non-discretionary infrastructure investments, including budgetary impacts of internal vs. external resources in the financial management of the facility.</li><li>Present case study data and operating expense benchmark data using plant, property & equipment (PP&E) metrics versus traditional gross square foot for additional validation of staffing, utility, and compliance resource needs.</li><li>Demonstrate the statistical significance and relationship between operational and capital budgets, and the negative impacts of increasing deferred maintenance on operational efficiency.</li><li>Provide a defined asset-driven framework for facility business planning, including, and supporting larger ESG, Master Planning and other strategic initiatives.</li></ol><h3><small class="sm">Speaker: </small></h3><p><img src="/sites/default/files/inline-images/mark-mochel-headshot-180x200.jpg" data-entity-uuid="4325e137-c7b3-4123-8ed6-27afd372404d" data-entity-type="file" alt="Mark Mochel" width="180" height="199">Mark Mochel, MBA, CHFM, PMP, ACABE Strategic Account Executive, Brightly, A Siemens Company Speaker <br><br>Mark Mochel, MBA, CHFM, PMP, ACABE is currently a Strategic Account Executive at Brightly, a Siemens company. Before joining Brightly, he was a Co-Founder and Senior Vice President at Facility Health Inc., where he was instrumental in introducing new infrastructure investment solutions and benchmarking capabilities to the healthcare industry. Mark has a bachelor’s degree in mechanical engineering from Purdue University, an MBA from The University of Michigan, and has held executive leadership roles in multiple industries, providing a unique perspective on the challenges facing healthcare facility management today. As an advocate for increased infrastructure investment in our industry and a candidate for the łŻŃôłÔąĎnational advisory board, Mark is passionate about sharing his experience with all who serve and are served through the environment of care.</p> Mon, 13 May 2024 16:29:21 -0500 Financial Management /education-events/7-steps-building-trust-capital-lunch-learn <p><a class="btn btn-primary btn-lg" href="https://smithbucklin.zoom.us/rec/share/90CswGMnk9KhZj2tdYY8kARA4FbdqxA1f7dzF_adY9XcLE72v1kWA3jxlGSumH-E.fPhbRzDO9uC9r0UP?startTime=1712250019000">View On Demand Recording</a><br><br>The current trajectory of investments in health facilities is not sustainable with funding falling short of the ballooning need. With razor-thin margins in healthcare, it is understandable that every request for capital and operational investment be fully vetted to ensure the project’s merit prioritization. Considering most healthcare executives are not experts in facility management, it is equally important that the facility manager has their trust if project requests are to be selected for funding. To become the agent of change for facility investment one must first develop a plan to grow their personal trust capital, along with their plan to improve investment.</p><h3><small>Speaker:</small></h3><div><div><p><img src="/sites/default/files/2023-11/Mark_Kenneday_headshot_200x200.jpg" width="125" height="125"></p><p><strong>Mark Kenneday</strong></p><p>Director of Market Strategy and Development at Gordian</p></div></div><div><div><p> </p></div></div> Thu, 04 Apr 2024 09:41:58 -0500 Financial Management /sustainability/decarbonization/management-emissions-purchased-energy <p>The blend of fuels used to support an electric grid can vary greatly by both region and time of day, but there are resources available to gain a better understanding of this data. To simplify the process, health care organizations can also use a simplified location-based methodology such as eGRID.  </p> Wed, 03 Jan 2024 14:48:54 -0600 Financial Management /education-events/harnessing-healthcare-academic-capital-project-management-data-ucmc-lunch-learn <p><a class="btn btn-block btn-primary" href="https://smithbucklin.zoom.us/rec/share/vk1YlZCYXcNgwjD4eHzfHgxEkCZn_GOvbjBlYZhlBkuxB0XuwFD55MqWIzR5ttso.S0ApClsanFwq2vF_?startTime=1696525204000" role="button" target="_BLANK">View On-Demand Recording</a></p><p>The University of Chicago Medical Center (UCMC), a nationally ranked academic medical institution, digitally transformed its capital project management processes to improve efficiency, collaboration, cost-effectiveness, and project outcomes. In this webinar, leaders of UCMC’s digital innovation provide insight into the benefits of combining healthcare and academic capital project management data for optimal program results.</p><h3><small>Learning Outcomes: </small></h3><ol><li>Review highlights of UCMC's capital program </li><li>Identify how UCMC initiated digital innovations to be able to deliver projects on time and on budget </li><li>Pinpoint the benefits of using both healthcare and academic capital project management data for cross-project visibility and efficiency</li><li>Understand key components of digital project delivery and their impact on collaboration and project outcomes</li></ol><h3><small>Speakers: </small></h3><p><img src="/sites/default/files/inline-images/trimble-speaker-zamer-100x100.jpg" data-entity-uuid="26565155-4b53-488a-a72e-ff013e4b980c" data-entity-type="file" alt="Anthony Zamer" width="100" height="100" class="align-left">Anthony Zamer (Assistant Director, Program Management University of Chicago) joined Chicago House’s Board of Trustees in January 2022. He currently serves as Director of Program Management at University of Chicago Medicine, managing capital renovations and new construction. Anthony began his career in Chicago with a nonprofit real estate developer focusing on low-income housing.</p><p><img src="/sites/default/files/inline-images/trimble-speaker-urban-100x100.jpg" data-entity-uuid="3ce3ba8f-8eb1-4619-9a30-e86f5cf69512" data-entity-type="file" alt="Peter Urban" width="100" height="100" class="align-left">Peter Urban is Vice President with KFA, Inc. and a PMI-certified Project Management Professional (PMP). With a degree in architecture and over twenty (20) years’ experience, he is a specialist in software solutions for design, construction, and facility management, with a focus on program and project management solutions for large and complex capital programs. </p> Thu, 05 Oct 2023 10:37:06 -0500 Financial Management /sustainability/energy-benchmarking-hospitals Thu, 28 Sep 2023 13:28:01 -0500 Financial Management /education-events/boiler-room-board-room-communicating-value-infrastructure-investment-non-facility-leadership-lunch-learn <p><a class="btn btn-block btn-primary" href="https://smithbucklin.zoom.us/rec/share/9WCvKReOSocgD1jLziPdSascWKwwjSfLGl1LUFEgQrRZw1x6aVXiS-AEU3r7YXQG.2JME-LJ1ZV8EUHHt?startTime=1690477208000" role="button" target="_BLANK">View On-Demand Recording</a></p><p>As an industry, we’ve historically underinvested in our infrastructure. First, recognized in a 2017 report by the American Society of Healthcare Engineers (ASHE). Now in 2023, financial challenges imposed by the pandemic will continue to exacerbate this situation; especially considering other macro-economic trends affecting the national and global economies.</p><p>Simply put, there is a false narrative that money spent on infrastructure has no return. This session will discuss the “business” of facility management and introduce a financial framework to guide as you construct and sell future budget requests. Managing a facility is different than maintaining a facility.</p><p>Quoting Warren Buffet, “Price is what you pay, VALUE is what you get.” Does your non-facility leadership understand the VALUE of what you do? Let’s change the way we tell our story!</p><h3><small>Learning Objectives</small></h3><ul><li>Differentiate between a cost-center and profit-center and redefine the “Business” of facility management.</li><li>Introduce concepts of income statements and balance sheets, creating a framework for communicating facility investment needs.</li><li>Conduct “Sales” Training 101, using the Features, Advantages, Benefits framework to articulate the VALUE of infrastructure investment to non-facility leadership.</li><li>Identify budget limitation objections and discuss alternatives of “Selling” the ROI of infrastructure investment.</li></ul><h3><small>Speaker</small></h3><p><strong>Mark Mochel, MBA, CHFM, PMP, ACABE</strong><br>Strategic Account Executive<br>Brightly Software</p><p>Mark Mochel, MBA, CHFM, PMP, ACABE is currently a Strategic Account Executive at Brightly, a Siemens company. Before joining Brightly, he was a Co-Founder and Senior Vice President at Facility Health Inc., where he was instrumental in introducing new infrastructure investment solutions and benchmarking capabilities to the healthcare industry. Mark has a bachelor’s degree in mechanical engineering from Purdue University, an MBA from The University of Michigan, and has held executive leadership roles in multiple industries, providing a unique perspective on the challenges facing healthcare facility management today. As an active speaker at both state and national conferences, Mark is passionate about sharing his experience with all who serve and are served through the environment of care.</p><p> </p><p><strong>Information provided by</strong></p><div class="panel-body" align="left"><p><a href="https://smithbucklin.zoom.us/rec/share/9WCvKReOSocgD1jLziPdSascWKwwjSfLGl1LUFEgQrRZw1x6aVXiS-AEU3r7YXQG.2JME-LJ1ZV8EUHHt?startTime=1690477208000"><img src="https://smithbucklin.zoom.us/w_p/96057459771/faee2c6b-d9ef-43f5-b902-8b8b4fc12c0b.png" alt="Brightly | A Siemens Company" width="150" height="150" class="align-left"></a></p></div><hr><p><em><strong>PLEASE NOTE:</strong></em> This is a Lunch & Learn program and is not eligible for CEUs.<br><em><strong>DISCLAIMER</strong>: The views expressed by presenters in this Lunch & Learn should not be construed as directly representing the views of the American Society for Health Care Engineering (ASHE). łŻŃôłÔąĎdoes not endorse any products or services promoted in this Lunch & Learn.</em></p> Thu, 27 Jul 2023 11:03:25 -0500 Financial Management /education-events/113-using-operational-data-construct-strategic-plan-your-facility-lunch-learn <p><a class="btn btn-block btn-primary" href="https://smithbucklin.zoom.us/rec/share/X6CjaifGlLR_d1RWLiaSu4ecqe-GKfje7aJuPPBY6bv98M2-77lF8JPjJbwkYll1.N-Ju3N_rlPRXbimf?startTime=1686848402000" role="button" target="_BLANK">View On-Demand Recording</a></p><p>National benchmark data suggests that ~47% of our infrastructure assets have exceeded industry expected useful life, a massive accumulation of deferred maintenance RISK. A problem compounded by the lagging financial impacts of the pandemic, and current macro-economic trends. Simply put, if you’re experiencing continued pressure to reduce CAPEX and OPEX budgets, then your organization is likely trending in the wrong direction, as measured by continual increases in deferred maintenance levels.</p><p>At Brightly, our solutions help you manage your critical facility assets both operationally and strategically. Join this session to learn about 1+1=3, and how a risk-based, dynamic flow of data from your daily operations can quantify, document, and defend strategic investment decisions.</p><p>Brightly The WorxHubTM + Brightly OriginTM = Strategic Asset Management built for Healthcare. Do you know your buckets?</p><p>Learning Outcomes:</p><ul><li>Explore infrastructure investment buckets and introduce baseline KPIs and metrics for using case study data.</li><li>Identify non-discretionary and discretionary workload, creating the opportunity to separate discretionary budgets from mandatory spending.</li><li>Assess the financial relationship between the buckets and understand each is interconnected in terms of impact to overall facility performance and RISK.</li><li>Success criteria to present financial facility data to non-facility leadership, creating a collaborative environment.</li></ul><h3><small>Speaker:</small></h3><p><strong>Mark Mochel, MBA, CHFM, PMP, ACABE</strong><br>Strategic Account Executive<br>Brightly Softwareg</p><p>Mark Mochel, MBA, CHFM, PMP, ACABE is currently a Strategic Account Executive at Brightly, a Siemens company. Before joining Brightly, he was a Co-Founder and Senior Vice President at Facility Health Inc., where he was instrumental in introducing new infrastructure investment solutions and benchmarking capabilities to the healthcare industry. Mark has a bachelor’s degree in mechanical engineering from Purdue University, an MBA from The University of Michigan, and has held executive leadership roles in multiple industries, providing a unique perspective on the challenges facing healthcare facility management today. As an active speaker at both state and national conferences, Mark is passionate about sharing his experience with all who serve and are served through the environment of care.</p><p> </p><p><strong>Information provided by</strong></p><p><a href="https://smithbucklin.zoom.us/rec/share/X6CjaifGlLR_d1RWLiaSu4ecqe-GKfje7aJuPPBY6bv98M2-77lF8JPjJbwkYll1.N-Ju3N_rlPRXbimf?startTime=1686848402000"><img src="https://smithbucklin.zoom.us/w_p/96057459771/faee2c6b-d9ef-43f5-b902-8b8b4fc12c0b.png" alt="Brightly | A Siemens Company" width="150" height="150" class="align-left"></a></p><p class="clear"> </p><p> </p><p> </p><p> </p><p> </p> Thu, 15 Jun 2023 10:49:36 -0500 Financial Management /education-events/strategies-obtain-funding-fire-life-safety-compliance <p>Healthcare facility compliance and maintenance funding are challenging as administrators often prefer investing funds in new medical equipment, aesthetic upgrades, and patient experience. Most facility leaders experience fire, and life safety compliance funding challenges as passive fire protection features are often unseen and expensive to maintain. To make matters worse, fire barriers, doors, and dampers are consistently on the top 10 list of healthcare deficiencies annually. This session will discuss how best to interact with the C-Suite/administration, key discussion metrics, and proven strategies to achieve funding to maintain a safe and compliant facility. This session will feature guest executive VPs of Facilities, Safety & Compliance from two Health Systems.</p><p>Learning Objectives:<br><br>From this session, you should be able to understand and identify the following:</p><ul><li>Critical factors for budget and capital decisions with administration or the "C-Suite."</li><li>Fire & Life Safety critical budget discussion items: Risk, Year Over Year Savings / Return on Investment, Total Cost of Compliance, etc.</li><li>Best practice metrics and reporting for each key factor</li></ul><p><a class="btn btn-block btn-primary" href="https://smithbucklin.zoom.us/rec/share/fVuyme_ZqsCECId7cPbGlelMKlATdQYGrCbdTityh7gCp0aGhPW1NjftlGWVwEfA.dtjKfkBVy0ufhQ5W?startTime=1682614973000" role="button" target="_BLANK">View On-Demand Recording</a></p><p>Please Note: This is a Lunch & Learn program and is not eligible for CEUs.</p><p><br>DISCLAIMER: The views expressed by presenters in this program should not be construed as directly representing the views of the American Society for Health Care Engineering (ASHE). łŻŃôłÔąĎdoes not endorse any products or services promoted in this program. By registering, you agree łŻŃôłÔąĎcan share your contact information with the webinar sponsor.</p><hr><h3><small>Speakers:</small></h3><p><strong>Kym Orange</strong><br>Sr. Manager Healthcare Strategy and Offers<br>Grainger</p><p>Kym Orange is an accomplished healthcare strategist with experience in segment research, strategic planning, employee development, sales & marketing, and business management. His current responsibility and focus since 2011 include creating unique healthcare value through insight-driven solutions and ensuring the delivery of positive customer experiences through various Grainger business channels.</p><p><strong>Tommie Downs</strong><br>Vice President of Operations & Chief Advisor<br>Remedi8 - A Grainger Services Partner</p><p>Tommie joined what is now, Remedi8 in 2018 as the Vice President of Operations for Life Safety Compliance division. In 2019, he was promoted to Executive Vice President of Operations for Remedi8 and is now an Executive Vice President and Chief Advisor to the CEO. He brings 15+ years of experience as an industry executive in Healthcare Facility Management. He offers strategic vision and creates leading-edge customer support solutions while always focusing on cost-savings, driving profitability, and increasing market share.</p><p><a href="https://smithbucklin.zoom.us/rec/share/fVuyme_ZqsCECId7cPbGlelMKlATdQYGrCbdTityh7gCp0aGhPW1NjftlGWVwEfA.dtjKfkBVy0ufhQ5W?startTime=1682614973000"><img src="/sites/default/files/inline-images/Grainger-logo-150w.jpg" data-entity-uuid="718e3c66-b6df-4d2f-a960-a0779ce8bbb2" data-entity-type="file" alt="Grainger" width="150" height="34" class="align-left"></a></p><p class="clear"> </p> Thu, 27 Apr 2023 12:11:53 -0500 Financial Management