Health and Human Service providers are expected to provide more care to consumers, increase reporting, and coordinate across more organizations than ever before. At the same time, transitioning to funding models with decreasing margins leads to fiscal instability for a frighteningly large number of organizations across the country. Mr. Garcia, Chief Financial Officer of Citrus Health, shares how they evaluate service line margins and diagnose financial issues across mental health, primary care, and foster care services. He will share how Citrus Health weighs the value of service line synergies and contracting opportunities against poorly performing services and strategies to increase margins while maintaining its mission.
During this session, attendees will:
- Identify three key metrics utilized to diagnose margin issues across service lines
- Learn how Citrus Health weighs the benefits of service line synergies against poor performance
- Discover service line improvement strategies and how Citrus Health determines when a service line is no longer in the best interest of its mission