Agenda

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Day 1

Thursday, September 29, 2022

All times below are Eastern Time
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09:00AM – 09:45AM

In Person

Registration & Networking Continental Breakfast

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09:15AM – 09:45AM

Online

Log In – Online Attendees

09:45 AM

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09:45AM – 10:00AM

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Welcome

Opening Comments from the Chair

Laurie Harrison
VP, Finance and CFO,
Hospital for Sick Children

10:00 AM

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10:00AM – 10:45AM

Session 1

Economic Outlook: How Will Economic Trends Impact Healthcare in the Coming Months and Beyond?

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The COVID-19 fallout continues to unravel. With inflation at 40-year highs, supply chains in disruption, the possibility of a recession – or stagflation – are just some of the macro events taking shape that will impact budgets and your ability to effectively manage the hospital’s finances.

Gain a big picture of the economic headwinds so that you can assess the risks and prepare for coming years.

Key Session Takeaways Include:

  • What macro trends are we seeing that will affect provincial and federal budgets to deliver on their funding models?
  • What can we expect over the short and long term with interest rates, and their impact on capital financing projects
  • How to plan during significant uncertainty

Doug Porter
Chief Economist,
BMO Capital Markets

10:45 AM

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10:45AM – 11:30AM

Session 2

Strategy & Funding Models

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Session description to be announced…

Adil Khalfan
Executive, Health System Performance and Support, Ontario Health

11:30 AM

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11:30AM – 11:50AM

Break

Networking Break & Exhibitors

11:50 AM

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11:50AM – 12:30PM

Session 3A

CASE STUDY: The Ottawa Hospital Large Scale Capital Project Funding and Delivery

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The Ottawa Hospital is embarking on a massive and ambitious new campus, serving Eastern Ontario, Nunavut, and Western Quebec. The new campus will provide 641 beds with one patient per room for better infection control, the most advanced trauma centre in Eastern Ontario, and a host of other innovative features.

But funding and building a hospital this size, from the ground up, requires detailed and creative financial attention, as well as important partnerships.

Hear how The Ottawa Hospital financed and collaborated on such a large project.

Key Session Takeaways Include:

  • How they tapped into the available funding sources and why they chose these options
  • Delivering on such a large project, over years, and with risings costs, rising inflation, and Covid
  • Lessons learned from the initiation phase to the current phase – and what the future may hold

Nathalie Cadieux
Chief Financial Officer,
The Ottawa Hospital

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11:50AM – 12:30PM

Session 3B

How Will Community Health Budgets Be Impacted By New Models In Care

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Healthcare delivery is becoming more integrated. From health teams to patient-centred care to aging in place, we are seeing budgets move beyond the hospital and into the communities.

This will have an impact on healthcare budgets. So, whether you are a hospital or a community healthcare provider, you will need to plan for increased – or decreased – revenue.

In this discussion, we will look at how various organizations are being impacted, and how they are responding to the new financial implications of emerging healthcare models in Canada.

Key Session Takeaways Include:

  • How to maximize resources for ever-expanding roles and responsibilities
  • Financial challenges to delivering services across the circle of care
  • Raising capital financing to fund the expansion of services
  • Coordinating and collaborating with hospitals for shared services 

12:30 PM

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12:30PM – 01:15PM

Break

Networking Lunch

01:15 PM

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01:15PM – 02:00PM

Session 4

Back Office Automation: Building Increased Efficiency and Cost Savings Into the Finance Office

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We have seen huge benefits in data analytics, automation, and AI on the clinical side. Now we can see some of those benefits on the finance side. Simplifying the role of finance through automation hold many positives, including lowering costs, and freeing up staff for more creative and innovative work.

With the myriad of challenges facing finance professionals in healthcare, there are some exciting lessons to be learned in how others have deployed back-office automation.

Key Session Takeaways Include:

  • Where the largest benefits of automation are realized, both financially and in time management
  • How to build a platform that is adaptable to your needs – and how it can evolve as needs and technology change
  • Understand the challenges and opportunities similar organizations have experienced

Greg Horne
Healthcare Thinker and Bike Rider
Workday

Aakash Gopalakrishnan
Healthcare Value Manager
Workday

02:00 PM

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02:00PM – 02:15PM

Break

Networking Break & Exhibitors

02:15 PM

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02:15PM – 03:00PM

Session 5

Best Practices in Capital Finance for Hospitals

Moderator: Greg Chow, Vice President Finance, Partnerships and CFO, Women’s College Hospital 

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Ongoing management of the capital intensive hospital sector requires the strategic deployment of capital regardless of whether it is redevelopments, replacement of existing fleets, or purchasing state-of-the-art innovative equipment.

With increasing demands on the health sector, there is a growing demand for innovative ways to pursue capital investment. This session will discuss innovative ways to navigate the process of raising and deploying capital.

Key Session Takeaways Include:

  • What critical considerations need to be addressed early in the process
  • Which financing options are best for various projects and timelines
  • What strategies are best for new builds versus retrofits versus equipment purchases
  • Strategies for personal protective equipment (PPE), pharmaceuticals, labs, and other operational purchases

Jonathon Bingeman
CFO, Providence Care

Dee Perera
Vice President Finance & Chief Financial Officer,
Sinai Health System

03:00 PM

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03:00PM – 03:45PM

Session 6

Excelling at Audits: Lessons Learned on the Front Lines

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Audits are a necessary and sometimes arduous task for finance departments. But with practice and solid procedures, the audit can go smoothly.

Key Session Takeaways Include:

  • Best practices in documentation to ensure records stand up to scrutiny
  • Anatomy of a bad audit – what auditors are looking for, and why
  • Advanced principals and procedures you should implement immediately

03:45 PM

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03:45pm – 04:00pm

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Closing

Closing Remarks From the Chair

Laurie Harrison
VP, Finance and CFO,
Hospital for Sick Children

04:00 PM

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04:00PM

Activity

Networking Reception

Details to be announced…

Day 2

Friday, September 30, 2022

All times below are Eastern Time
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09:00AM – 09:45AM

In Person

Welcome & Networking Continental Breakfast

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09:15AM – 09:45AM

Online

Log In – Online Attendees

09:45 AM

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09:45AM – 10:00AM

v

Welcome

Opening Remarks from the Chair

Laurie Harrison
VP, Finance and CFO,
Hospital for Sick Children

10:00 AM

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10:00AM – 10:45AM

Session 7

Financial Human Resources: Challenges, Opportunities and Lessons Learned During the Pandemic

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Staffing shortages are an issue across the healthcare sector, not just on the clinical side. Finance, IT, HR, and others are similarly challenged.

Staff turnover occurs across departments, burnout remains a real concern, and attracting new talent under the current tight job market is difficult.

And while the situation may seem challenging, there are many opportunities available to drive both retention and recruitment.

One of the most vital duties as leaders is developing the next generation of leaders. Being able to spot those with the optimal attitudes, skill sets, and interest in leading is essential. But equally critical is ensuring adequate onboarding and professional development.

In this panel of CFOs, we will discuss the various models and strategies they have experienced and provide some lessons learned to both leaders, and those looking to advance into leadership positions.

Key Session Takeaways Include:

  • How healthcare can competing with the private sector for talent, such as creative non-compensation based strategies
  • Leadership development strategies for onboarding and developing the next generation of finance professionals
  • The differences between large and small organizations, particularly around providing adequate resources
  • Managing the transition to CFO: mentors, the learning curve, and building a formalized process
  • What best practices do we have for selecting and training talented employees
  • Onboarding lessons learned: the good, the bad and a wish list

Laurie Harrison
VP, Finance and CFO,
Hospital for Sick Children

Malissa Gauthier
CFO,
Windsor Hospital

Brittany Rose Rivard
CFO, VP Operations,
Kemptville District Hospital

10:45 AM

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10:45AM – 11:00AM

Break

Networking Break & Exhibitors

11:00 AM

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11:00AM – 11:45AM

Session 8

Best Practices and Lessons Learned in Building a Robust Cyber Defence Program

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Hospitals today are much more technologically intense than at any time in the past. Although this has made patient care much more efficient, and effective, it has also opened up hospitals to cyber-attacks.

As one of the most digitally sophisticated health care organizations in Canada, Humber River Hospital has devoted a great deal of time and resources to protect its patients, data, and digital infrastructure from bad actors.

Key Takeaways Include:

  • Leadership lessons on building a state-of-the-art cyber security program
  • How to develop testing and training programs that effectively counter cyber attacks
  • Why the human element continues to be the best defence against attacks
  • How finance departments can contribute to the solutions

11:45 AM

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11:45AM – 12:30PM

Session 9

CFO Roundtable: Which Trends Will Remain, Which Will Change, and Which Will Emerge?

Moderator: Dee Perera, Vice President Finance & Chief Financial Officer, Sinai Health System

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Coming out of the pandemic, it is time to reflect on what we will improve, what we will keep, and what we can anticipate. We know funding is continuing to be a challenge, especially with greater demand for services and higher patients’ expectations.

Additionally, we have staffing challenges at all levels. Supply chain disruptions, and inflation. These challenges will continue to exist into the next couple of years.

Join in the discussion as we assess and debate the lessons learned over the pandemic and strategize on the future implications of these challenges to hospital CFOs.

Key Session Takeaways Include:

  • What now? Do the funding model and patient expectations align?
  • How should funding models be modified to accommodate increased capacity?
  • How should we tackle the supply chain challenges going forward?
  • How can we work with other departments, such as HHR meeting staffing challenges?
  • How will climate change and sustainability goals impact hospitals?

Greg Chow
Vice President Finance, Partnerships and CFO, Women’s College Hospital

12:30 PM

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12:30PM – 12:35PM

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Closing

Closing Remarks from the Chair and Adjournment

Laurie Harrison
VP, Finance and CFO,
Hospital for Sick Children

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