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Episode #181 Decrease the Spend, Increase the Profit with Data with David Kirshner, Managing Partner, LogicSource

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Manage episode 436525012 series 3469298
Content provided by Zeev Neuwirth. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Zeev Neuwirth or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Money. Not always the most inspiring or sexiest topic in healthcare, but one that is critical if we are going to change the system for the better. Today on the podcast, we welcome David Kirshner, Managing Partner at LogicSource, to talk about their approach to helping health systems improve efficiency and decrease costs so they can redirect funds where it’s needed most…clinical care. David’s background is impressive. As the former CFO of several major healthcare systems, David is credited with engineering the remarkable financial turnaround for Boston Children’s Hospital, the primary pediatric teaching affiliate of Harvard Medical School, where he spent nearly fifteen years as the Senior Vice President, Treasurer, and Chief Financial Officer.

In this conversation, we discuss:

  • The need to balance the business aspects of healthcare with the mission-driven focus on providing care and how adopting more efficient business practices from other industries can help.
  • LogicSource’s commitment to collaboration and trust-building through their “doing with” approach, where they collaborate closely with the CFO and supply-chain leadership to build trust and understanding.
  • How LogicSource brings data and expertise from outside healthcare to help CFO’s identify savings opportunities in non-clinical spend areas that the healthcare organization may have overlooked.
  • Helping CFO’s gain support for these practices by being able to quantify the actual savings, which is routinely in the range of double digits millions of dollars.

This may seem like a nuts and bolts episode to those in direct clinical care, but David and LogicSource’s focus on building trust and delivering measurable financial impact is an important example of how humanistic change is needed on every level of the health organization.

  continue reading

212 episodes

Artwork
iconShare
 
Manage episode 436525012 series 3469298
Content provided by Zeev Neuwirth. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Zeev Neuwirth or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Money. Not always the most inspiring or sexiest topic in healthcare, but one that is critical if we are going to change the system for the better. Today on the podcast, we welcome David Kirshner, Managing Partner at LogicSource, to talk about their approach to helping health systems improve efficiency and decrease costs so they can redirect funds where it’s needed most…clinical care. David’s background is impressive. As the former CFO of several major healthcare systems, David is credited with engineering the remarkable financial turnaround for Boston Children’s Hospital, the primary pediatric teaching affiliate of Harvard Medical School, where he spent nearly fifteen years as the Senior Vice President, Treasurer, and Chief Financial Officer.

In this conversation, we discuss:

  • The need to balance the business aspects of healthcare with the mission-driven focus on providing care and how adopting more efficient business practices from other industries can help.
  • LogicSource’s commitment to collaboration and trust-building through their “doing with” approach, where they collaborate closely with the CFO and supply-chain leadership to build trust and understanding.
  • How LogicSource brings data and expertise from outside healthcare to help CFO’s identify savings opportunities in non-clinical spend areas that the healthcare organization may have overlooked.
  • Helping CFO’s gain support for these practices by being able to quantify the actual savings, which is routinely in the range of double digits millions of dollars.

This may seem like a nuts and bolts episode to those in direct clinical care, but David and LogicSource’s focus on building trust and delivering measurable financial impact is an important example of how humanistic change is needed on every level of the health organization.

  continue reading

212 episodes

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