Registered Nurse who received a Bachelors in the Science of Nursing from Virginia Commonwealth University in Richmond, VA. Worked as a staff nurse caring for a varying range of patients for 14 years before transitioning into healthcare supply chain. Worked as the Director of Supply Chain with accountability for all Supply Chain departments within a local community health system. Also, worked as a Supply Chain Regional Director at Premier, Inc. Joined the Bon Secours team in 2016 leading the value analysis and contracting teams. In September 2018 Bon Secours merged together with Mercy Health where I developed, implemented and over see the Clinical Integration program.
10 – Expediting Mergers & Acquisitions: The Role of Data and Clinical Evidence (Strategy, Financial; Course Level-Intermediate)
The healthcare industry has experienced a frenzy of merger and acquisition (M&A) activity in recent years which continues to remain steady. While mergers come with the promise of eliminating inefficiencies and benefiting from scale, the path is often complex. In fact, research has shown that hospitals often fail to realize cost synergies. Bon Secours and Mercy Health were committed to producing a different result.
Attend this session to learn how these organizations jointly leveraged clinical evidence and analytics to accelerate the benefits of their merger. To do so, they built an organizational framework to quickly scale and align their value analysis and vendor management capabilities. The result has been astounding, identifying savings of more than $48.9M in supply-related costs and achieving standardization in several clinical practices in less than two years.
Learn from these two presenters with a diverse range of clinical and operational experience. Amy Whitaker, RN, is the Vice President of Supply Chain Clinical Integration Accountability for all clinical integration activities within the organization while Hani Elias, JD, MPH, CEO of Lumere, provides strategic vision and advises health system executives on how to achieve the best clinical outcomes at an optimal cost.