This year’s Compensation Best Practices Report reveals that talent management is becoming strategically important for businesses trying to realize growth in today’s more competitive economy.
Join PayScale as we discuss the latest findings from the 2014 Compensation Best Practice Report.
Crédito y Caución prevé que el crecimiento económico de Europa Oriental se ralentice en 2014. De acuerdo con sus estimaciones, el crecimiento real del PIB será del 1,7% en 2014, frente al 2,0% del pasado año. La principal aseguradora de crédito española considera probable que esto ocasione un incremento de los impagos de las empresas en 2014, aunque partiendo de niveles de insolvencia relativamente moderados
It is crucial for successful chambers to benchmark themselves against their peers in the industry and take advantage of best practices. The MACE Operations survey gives our members the opportunity to use this information for FREE.
This is a small snippet of the types of information you will receive from participating.
This past February, Bloomberg BNA and Enhesa launched their 2nd joint benchmarking survey of corporate environment, health and safety auditing departments, with a particular focus on global auditing practices. Drawing close to 500 respondents, this survey not only demonstrated how the EHS auditing profession is continuing to grow and evolve in important ways, but also highlighted the impact the growth of EHS laws and regulations around the world have had on auditing practices.
This webinar explored various key findings of this report including:
- Standards/Structure for Audits
- Auditing Function and Frequency/Organizational Structure
- Concerns expressed in managing regulatory and compliance risks around the world
- Audit budgets and resources, specifically looking at strategies companies are implementing so as to keep auditing costs down
-How companies manage and track audit observations and findings
-The impact EHS regulatory growth has had on auditing practices
Sales and Use Tax Process: Benchmarks and Best Practices for RetailersSovos
Nearly half of all retailers have not established KPI’s for to measure their sales tax process. Those that do are leading the way with a more strategic approach to compliance. Watch the on demand Webinar (see slide 4) to understand what they are doing.
View our webinar on demand to learn:
Challenges and risks for retailers
Performance benchmarks to help understand how you compare to your peers
Strategies and drivers for change
How leaders are leveraging technology to achieve superior results
We are a member of the Association of Executive Search Consultants. The AESC is the official body representing retained executive search consulting firms worldwide with regional councils in the Americas, Europe and Asia/Pacific and an International Board of Directors. Its Code of Ethics and Professional Practice Guidelines are recognized as representing the highest level of service in our industry.
Our goal is not to be the biggest, but the best. That means the best service, the best value, and the best results – so our clients can attract and develop the very best senior management and the very best Boards in the world.
http://www.cornerstone-group.com/
info@cornerstone-group.com
http://www.linkedin.com/company/cornerstone-international-group
The Global Findex Database - India AnalysisMaharnavPatir
India specific data has been extracted and analyzed from The Global Findex Database 2017 (https://globalfindex.worldbank.org/), which is the world’s most comprehensive data set on how adults save, borrow, make payments, and manage risk.
This year’s Compensation Best Practices Report reveals that talent management is becoming strategically important for businesses trying to realize growth in today’s more competitive economy.
Join PayScale as we discuss the latest findings from the 2014 Compensation Best Practice Report.
Crédito y Caución prevé que el crecimiento económico de Europa Oriental se ralentice en 2014. De acuerdo con sus estimaciones, el crecimiento real del PIB será del 1,7% en 2014, frente al 2,0% del pasado año. La principal aseguradora de crédito española considera probable que esto ocasione un incremento de los impagos de las empresas en 2014, aunque partiendo de niveles de insolvencia relativamente moderados
It is crucial for successful chambers to benchmark themselves against their peers in the industry and take advantage of best practices. The MACE Operations survey gives our members the opportunity to use this information for FREE.
This is a small snippet of the types of information you will receive from participating.
This past February, Bloomberg BNA and Enhesa launched their 2nd joint benchmarking survey of corporate environment, health and safety auditing departments, with a particular focus on global auditing practices. Drawing close to 500 respondents, this survey not only demonstrated how the EHS auditing profession is continuing to grow and evolve in important ways, but also highlighted the impact the growth of EHS laws and regulations around the world have had on auditing practices.
This webinar explored various key findings of this report including:
- Standards/Structure for Audits
- Auditing Function and Frequency/Organizational Structure
- Concerns expressed in managing regulatory and compliance risks around the world
- Audit budgets and resources, specifically looking at strategies companies are implementing so as to keep auditing costs down
-How companies manage and track audit observations and findings
-The impact EHS regulatory growth has had on auditing practices
Sales and Use Tax Process: Benchmarks and Best Practices for RetailersSovos
Nearly half of all retailers have not established KPI’s for to measure their sales tax process. Those that do are leading the way with a more strategic approach to compliance. Watch the on demand Webinar (see slide 4) to understand what they are doing.
View our webinar on demand to learn:
Challenges and risks for retailers
Performance benchmarks to help understand how you compare to your peers
Strategies and drivers for change
How leaders are leveraging technology to achieve superior results
We are a member of the Association of Executive Search Consultants. The AESC is the official body representing retained executive search consulting firms worldwide with regional councils in the Americas, Europe and Asia/Pacific and an International Board of Directors. Its Code of Ethics and Professional Practice Guidelines are recognized as representing the highest level of service in our industry.
Our goal is not to be the biggest, but the best. That means the best service, the best value, and the best results – so our clients can attract and develop the very best senior management and the very best Boards in the world.
http://www.cornerstone-group.com/
info@cornerstone-group.com
http://www.linkedin.com/company/cornerstone-international-group
The Global Findex Database - India AnalysisMaharnavPatir
India specific data has been extracted and analyzed from The Global Findex Database 2017 (https://globalfindex.worldbank.org/), which is the world’s most comprehensive data set on how adults save, borrow, make payments, and manage risk.
Ian Blunt & Martin Bardsley: Cause for concernQualityWatch
Ian Blunt and Martin Bardsley of the Nuffield Trust present findings from the QualityWatch 2014 annual statement, and explore how the quality of healthcare in England is changing in response to constrained funding and rising demand.
This presentation was delivered at the QualityWatch annual conference on 28 October 2014. For more information, see: www.qualitywatch.org.uk/QW2014.
QualityWatch is a joint research programme from the Nuffield Trust and the Health Foundation.
Leading through change: The NELFT story (so far)CILIP
CILIP’s Skills for Leadership - Manage, Motivate and Influence event.
Presentation slides by Natasha Howard as part of Leading through change panel discussion.
As part of our recent report, Understanding pressures in general practice, we conducted a survey of GP trainees. We asked trainees about their intended future working patterns and their views on the pressures facing general practice, the results of which are presented in these slides.
Building a Climate Resilient Business: Managing Risks & Exploit Opportunities...Enhesa
Climate change is affecting business’ bottom line globally. Big business recognises the need to both adapt to become resilient to today’s weather and tomorrow’s climate and plan for opportunities, as well as to reduce carbon emissions through mitigation.
Enhesa, in partnership with Ecofys, hosted a complimentary webinar that highlighted recent regulatory developments and policy challenges worldwide, focused on how climate change impacts are already affecting big business and the associated costs, as well as the opportunities, changing policy frameworks and potential legal liabilities of not taking climate actions.
During this webinar we explored:
-The regulatory landscape of climate change policy and initiatives worldwide
-Examples of global changes in weather and climate affecting businesses today
-Risks of not adapting
-Physical, legal, financial and transitional risks if a company does not adapt
-Case law on legal liabilities
-Market opportunities that can be optimized when companies improve their resilience
-Science-based GHG targets while learning how to align your GHS reduction targets with a 2°C climate goal
-Reasons why companies are setting ambitious GHG reduction targets
-Mitigation measures
-What internal and external carbon prices are driving mitigation actions of companies
-Case studies of companies setting science-based GHG reduction targets and their climate actions
Thousands of companies in Europe need to complete energy efficiency audits of their operations by December 5, 2015. The requirements are not only applicable to major industrial operations, but also to the commercial and service sector.
European Directive 2012/27/EC (Article 8.4) requires companies to carry about energy audits by independent qualified experts. However, large companies which implement a certified energy or environmental management system are exempt from the energy audit obligation. Member States were left to determine who is a large company and who is exempt.
During this webinar, we will explore:
What is an energy efficiency audit?
Where does this requirement come from?
Which companies are impacted by this requirement?
By when do the audits need to be completed?
What should be in the corporate-wide audit report?
To whom do the results of the audits need to be provided?
How did the different Member States implement the requirements?
How do you meet these requirements?
What do you do with the results?
Case study from General Electric
Current Expense Management Trends and T&E Spending BenchmarksAshley Emery
Faced with rising costs and added responsibility for the bottom line, accounting professionals today are increasingly turning to software automation to streamline processes and better control spending across a number of important functions. Chief among these are travel and entertainment (T&E) expense reporting and reimbursement. Now, a new survey of more than 600 CFOs, controllers, and accounting professionals identifies the top T&E trends and approaches to expense management for today's small, mid-sized, and enterprise businesses. Mark Brousseau, of Brousseau & Asociates, and Jennifer Steinke, of Dycom Industries, Inc., will discuss what companies are doing to overcome their T&E expense challenges, as well as how you can leverage findings from the survey to improve expense reporting at your company.
Delivering Growth and Profitability in 2017: Insights from over 500 CFOsAshley Emery
Key findings from a recent CFO sentiment study include two primary channels to deliver growth and profitability and four factors that will determine company success in 2017.
Tackling the Challenge of Effective Patient Engagement: How Health Catalyst i...Health Catalyst
Effective population health management within a provider organization is an interesting combination of technology, change management, and modified financial incentives. Turns out, managing a team member population to the same goals requires a similar set of tools and effort. It is possible to improve team member clinical outcomes (both individually and as a population) while driving down both corporate and personal health costs.
Join Jeff as he draws parallels between managing these surprisingly similar groups, using tools and principles that guide our thinking across both our client patient populations and our corporate team member populations, and suggests strategies for corporations to improve outcomes for their most important asset – their people.
Wednesday, June 8
1-2PM EST
Attendees will learn:
Parallels between patient and employee populations, and how one group informs the other for success.
Effective strategies Health Catalyst employs for both populations.
The “gamification” of wellness programs, and how this will drive future patient engagement and care management.
The perfect health system - Dr Mark BritnellNuffield Trust
At the first keynote for the Nuffield Trust Health Policy Summit 2016, Mark Britnell gives an overview of key characteristics of effective health systems.
Why Healthcare Costing Matters to Enable Strategy and Financial PerformanceHealth Catalyst
According to Moody’s Investment Service Analysis, not-for-profit hospital margins are at an all-time low of 1.6% while the American Hospital Association has found that 30% of all hospitals have negative margins. Financial pressures are continuing to increase in an environment of rising costs, lower payments, an aging population, higher patient responsibility and changing consumer demands. Now more than ever healthcare providers need to have an accurate picture of their costing information to enable precise, strategic decisions that will improve financial performance.
Activity-based costing has the power to do just that. In this webinar Steve Vance, SVP, Professional Services, Health Catalyst explores different costing methodologies and discusses why activity-based costing is the preferable method to manage margins because it directly ties services to their costs. Many healthcare organizations base their costs on generalized drivers such as relative value units (RVUs) through their chargemaster rather than on specific activities associated with their services, leading to inaccurate assumptions and poor decisions.
View this webinar to learn:
- Why activity-based costing should be your core tool for improving financial performance.
- The differences and implications between costing methodologies.
- How to leverage data from an Electronic Data Warehouse (EDW) and automate processes while improving accuracy.
- Ways that you can make strategic decisions using clinical and operational data when tied to costing data.
- Activity-based costing use cases such as contract negotiations, pricing decisions, population health management (PHM), and process improvement efforts
We hope that you will view the webinar and learn from the depth and breadth of Steve’s extensive financial experience.
The healthcare transformation from fee for service to fee for outcomes just got an adrenaline shot in the arm April 27th when the Department of Health and Human Services surprised many in the market by announcing a Quality Payment Program, a proposed set of new rules to take effect in 2019 based on key provisions of the Medicare Access and CHIP Reauthorization Act of 2015 (MACRA).
Ian Blunt & Martin Bardsley: Cause for concernQualityWatch
Ian Blunt and Martin Bardsley of the Nuffield Trust present findings from the QualityWatch 2014 annual statement, and explore how the quality of healthcare in England is changing in response to constrained funding and rising demand.
This presentation was delivered at the QualityWatch annual conference on 28 October 2014. For more information, see: www.qualitywatch.org.uk/QW2014.
QualityWatch is a joint research programme from the Nuffield Trust and the Health Foundation.
Leading through change: The NELFT story (so far)CILIP
CILIP’s Skills for Leadership - Manage, Motivate and Influence event.
Presentation slides by Natasha Howard as part of Leading through change panel discussion.
As part of our recent report, Understanding pressures in general practice, we conducted a survey of GP trainees. We asked trainees about their intended future working patterns and their views on the pressures facing general practice, the results of which are presented in these slides.
Building a Climate Resilient Business: Managing Risks & Exploit Opportunities...Enhesa
Climate change is affecting business’ bottom line globally. Big business recognises the need to both adapt to become resilient to today’s weather and tomorrow’s climate and plan for opportunities, as well as to reduce carbon emissions through mitigation.
Enhesa, in partnership with Ecofys, hosted a complimentary webinar that highlighted recent regulatory developments and policy challenges worldwide, focused on how climate change impacts are already affecting big business and the associated costs, as well as the opportunities, changing policy frameworks and potential legal liabilities of not taking climate actions.
During this webinar we explored:
-The regulatory landscape of climate change policy and initiatives worldwide
-Examples of global changes in weather and climate affecting businesses today
-Risks of not adapting
-Physical, legal, financial and transitional risks if a company does not adapt
-Case law on legal liabilities
-Market opportunities that can be optimized when companies improve their resilience
-Science-based GHG targets while learning how to align your GHS reduction targets with a 2°C climate goal
-Reasons why companies are setting ambitious GHG reduction targets
-Mitigation measures
-What internal and external carbon prices are driving mitigation actions of companies
-Case studies of companies setting science-based GHG reduction targets and their climate actions
Thousands of companies in Europe need to complete energy efficiency audits of their operations by December 5, 2015. The requirements are not only applicable to major industrial operations, but also to the commercial and service sector.
European Directive 2012/27/EC (Article 8.4) requires companies to carry about energy audits by independent qualified experts. However, large companies which implement a certified energy or environmental management system are exempt from the energy audit obligation. Member States were left to determine who is a large company and who is exempt.
During this webinar, we will explore:
What is an energy efficiency audit?
Where does this requirement come from?
Which companies are impacted by this requirement?
By when do the audits need to be completed?
What should be in the corporate-wide audit report?
To whom do the results of the audits need to be provided?
How did the different Member States implement the requirements?
How do you meet these requirements?
What do you do with the results?
Case study from General Electric
Current Expense Management Trends and T&E Spending BenchmarksAshley Emery
Faced with rising costs and added responsibility for the bottom line, accounting professionals today are increasingly turning to software automation to streamline processes and better control spending across a number of important functions. Chief among these are travel and entertainment (T&E) expense reporting and reimbursement. Now, a new survey of more than 600 CFOs, controllers, and accounting professionals identifies the top T&E trends and approaches to expense management for today's small, mid-sized, and enterprise businesses. Mark Brousseau, of Brousseau & Asociates, and Jennifer Steinke, of Dycom Industries, Inc., will discuss what companies are doing to overcome their T&E expense challenges, as well as how you can leverage findings from the survey to improve expense reporting at your company.
Delivering Growth and Profitability in 2017: Insights from over 500 CFOsAshley Emery
Key findings from a recent CFO sentiment study include two primary channels to deliver growth and profitability and four factors that will determine company success in 2017.
Tackling the Challenge of Effective Patient Engagement: How Health Catalyst i...Health Catalyst
Effective population health management within a provider organization is an interesting combination of technology, change management, and modified financial incentives. Turns out, managing a team member population to the same goals requires a similar set of tools and effort. It is possible to improve team member clinical outcomes (both individually and as a population) while driving down both corporate and personal health costs.
Join Jeff as he draws parallels between managing these surprisingly similar groups, using tools and principles that guide our thinking across both our client patient populations and our corporate team member populations, and suggests strategies for corporations to improve outcomes for their most important asset – their people.
Wednesday, June 8
1-2PM EST
Attendees will learn:
Parallels between patient and employee populations, and how one group informs the other for success.
Effective strategies Health Catalyst employs for both populations.
The “gamification” of wellness programs, and how this will drive future patient engagement and care management.
The perfect health system - Dr Mark BritnellNuffield Trust
At the first keynote for the Nuffield Trust Health Policy Summit 2016, Mark Britnell gives an overview of key characteristics of effective health systems.
Why Healthcare Costing Matters to Enable Strategy and Financial PerformanceHealth Catalyst
According to Moody’s Investment Service Analysis, not-for-profit hospital margins are at an all-time low of 1.6% while the American Hospital Association has found that 30% of all hospitals have negative margins. Financial pressures are continuing to increase in an environment of rising costs, lower payments, an aging population, higher patient responsibility and changing consumer demands. Now more than ever healthcare providers need to have an accurate picture of their costing information to enable precise, strategic decisions that will improve financial performance.
Activity-based costing has the power to do just that. In this webinar Steve Vance, SVP, Professional Services, Health Catalyst explores different costing methodologies and discusses why activity-based costing is the preferable method to manage margins because it directly ties services to their costs. Many healthcare organizations base their costs on generalized drivers such as relative value units (RVUs) through their chargemaster rather than on specific activities associated with their services, leading to inaccurate assumptions and poor decisions.
View this webinar to learn:
- Why activity-based costing should be your core tool for improving financial performance.
- The differences and implications between costing methodologies.
- How to leverage data from an Electronic Data Warehouse (EDW) and automate processes while improving accuracy.
- Ways that you can make strategic decisions using clinical and operational data when tied to costing data.
- Activity-based costing use cases such as contract negotiations, pricing decisions, population health management (PHM), and process improvement efforts
We hope that you will view the webinar and learn from the depth and breadth of Steve’s extensive financial experience.
The healthcare transformation from fee for service to fee for outcomes just got an adrenaline shot in the arm April 27th when the Department of Health and Human Services surprised many in the market by announcing a Quality Payment Program, a proposed set of new rules to take effect in 2019 based on key provisions of the Medicare Access and CHIP Reauthorization Act of 2015 (MACRA).
Across Health Multichannel Maturometer 2017Across Health
Across Health is pleased to present you with the state of the
multichannel landscape in life sciences in Europe, US and
emerging markets – now in its ninth year.
This year we took a wider view at where digital dollars are going – particularly at patient engagement and digital innovation. Results show that global and local have different views on their effectiveness and importance…
Also, while we see budgets and teams growing (after five years!), satisfaction remains (incredibly) low.
To learn more please watch the recorded version of our webinar: https://goo.gl/Q275oq
How to achieve buy in adopting cdhp dallas hr confKelli Sewell
Title: Adopting a Consumer Driven Health Plan – Getting Buy In and Demonstrating ROI
Summary: Learn how EnLink Midstream successfully implemented a Consumer Driven Health Plan. Starting with the long road to executive buy-in, through achieving 34% enrollment the first year, Kelli will share her obstacles and key learnings along the way.
Learning Objectives:
• Overcoming roadblocks to executive buy in
• Data points to demonstrate ROI
• Tools and communication methods for achieving high enrollment numbers
• Achieving 70% engagement in our wellness program
The Medicare Access and CHIP Reauthorization Act (MACRA) overhauls the payment system for Medicare providers. It’s a complex program that requires careful study so physicians can make the best choice for how they want to report. This choice ultimately impacts reimbursement and the potential bonuses or penalties associated with each reporting option.
This FAQ covers both tracks of the new rule, the Merit-based Incentive Payment System (MIPS), and the Advanced Alternative Payment Model (APM), with a background review and a comprehensive list of questions and answers.
It’s a practical guide complete with next steps for strategic and tactical planning.
ScottMadden Finance Shared Services Benchmark Highlights 2016ScottMadden, Inc.
ScottMadden and American Productivity & Quality Center (APQC), a benchmarking and best practices research organization, recently joined forces to conduct the second cycle of a unique benchmark study focused exclusively on finance Shared Services Organizations (SSOs). For more information, please visit www.scottmadden.com.
HR Climate Index - More resources for many HR units
After years of stagnation, many HR units can finally enjoy an improvement in their financial situations: An upturn in 2015 sees an end to the recent years’ trends. Around a third of all HR directors expect greater access to financial resources.
4. The South African picture
• There are over 55 million people living in South Africa
– Only 8.8 million people are registered on a medical
scheme
– 16% of the population
• Spend on Healthcare (public and private) R125 billion
– R59 billion on 84% of the population
– R66 billion on 16% of the population
• The assumption is that the majority of the employed
population is covered in the private sector is inaccurate as
approx 75% of the economically active portion of the
population are using state facilities
6. Industry update
• NHI White paper
– Recently released
– Negative media
– Strong political drivers
– Our view: Universal Coverage is the correct ideal
– Challenges:
• Funding (tax credits)
• Strategic Purchasing and access to Hcare providers
• Affordability of expanded PMB package
– Pvt sector has a role to play – participate
• Expertise, Systems, Technology, Low income solutions
7. Industry update
• Genesis savings account ruling
– Savings account monies forming part of solvency calc
– Artificially inflates solvency
• Scheme increases into 2017 some of the highest in
almost a decade
• Benefit cuts more prevalent to manage scheme result
– Market tolerance for high % increase is low, therefore
benefits cut
• Financial climate in SA – depressed, depressing
9. 2016 Financial results
• Class average
• Fresh from our financial roadshow (presently underway
nationally)
• Momentum Health’s performance in the context of our
peers
13. R301
R271
R285
R290
R309
R321
R283
R298
2009 2010 2011 2012 2013 2014 2015 2016
R 180
R 230
R 280
R 330
R 380
R 430
R 480
2010 2011 2012 2013 2014 2015 2016
Momentum Discovery
Bonitas Medihelp
Fedhealth Sizwe
Bestmed Medshield
Non-healthcare costs pmpm
Source: Momentum Health data and CMS report
Total non-healthcare costs
14. R70m
R118m
R174m
R144m
R86m
R48m
R19.3m
2010 2011 2012 2013 2014 2015 2016
-R 200
-R 100
R 0
R 100
R 200
R 300
R 400
R 500
2010 2011 2012 2013 2014 2015 2016
Momentum Discovery
Bonitas Medihelp
Fedhealth Sizwe
Bestmed Medshield
Net result pmpm
Source: Momentum Health data and CMS report
Net result (including investment income)
15. R22m
R85m
R134m
R105m
R36m
R(12m)
R(87m)
2010 2011 2012 2013 2014 2015 2016
-R 250
-R 200
-R 150
-R 100
-R 50
R 0
R 50
R 100
R 150
R 200
R 250
R 300
2010 2011 2012 2013 2014 2015 2016
Momentum Discovery
Bonitas Medihelp
Fedhealth Sizwe
Bestmed Medshield
Operating result pmpm
Source: Momentum Health data and CMS report
Operating / Net healthcare
17. • Number of principals – 1 833
• Total accumulated funds – R114.8 million
• Solvency – 105%
• Effective date – 1 July 2017
• Improve Momentum Health’s position
• Although small increase in membership
• Additional accumulated funds improves solvency
Metropolitan Medical Scheme Amalgamation
37. Conclusion
• Industry:
– Healthcare industry facing interesting times
– 2016 was a difficult year for medical schemes
– Profile is worsening in our industry
– Benefit reductions are an increasing trend
• Momentum continues to provide:
– Consistent strength in financial performance
– World class service
– Value for consumers
– Market leading low income solutions
– Innovative and flexibile solutions for our intermediaries
