SHSMD - 2008 Annual Conference and Exhibits
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Managing Change: How to Use Variance Models to Predict Future Opportunities
Program Code:
F08
Date:
Friday, September 19, 2008
Time:
11:00 AM to 12:30 PM
EST
SPEAKER
(S):
Molly Scroggins, Director, Physician Relations,
Silver Cross Hospital, Joliet, IL
Molly Scroggins has her B.A. in Communications from University of Iowa. Molly has eleven years of healthcare experience in Practice Management, Operations, Physician Relations, and Service Line & Business Planning.
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Jeffrey R. Softcheck has a B.B.A. Business Administration – Management; B.S. Mathematics/Actuarial Science – University of St. Francis. He also has ten years of healthcare experience in trend analysis with regards to financial, quality, and strategic indicators.
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Description
The Impact of Variance Model (IOV) uses a systematic mathematical approach to identify the variables driving shifts in market share and physician loyalty within a defined market. The model incorporates state, patient satisfaction, and financial data to rank future growth. Using the outcomes from the model, you'll have the ability to apply actual dollars to these variances in market share and physician loyalty and discover growth opportunities in your market. Draw on data from IOV to forecast future development prospects based on use rates, competitiveness of the market, and financial impacts.