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RHIO Funding Strategies
Planning from Experience
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 About "RHIO Funding Strategies "
In 2006, fifty U.S. RHIOs participated in the first national survey of RHIO finance, reporting financial information, stakeholder leadership and their financial participation over the lifecycle of their organizations, from startup through the mature production stage. The survey, developed and conducted by Healthcare IT Transition Group, probed for information on financial leadership/management, as well as contributed and earned revenue participants and methodologies, at each lifecycle stage. The data suggested that some of the conventional wisdom is unfounded when RHIOs are examined from a financial viewpoint.
 This online seminar puts the real-world financial experience of 50 RHIO projects within your grasp. Hear and ask questions of the survey report’s principal author, and discuss RHIO startup funding, trading partner financing, and earned income strategies. Learn about the funding resources for RHIOs and other health IT projects – some of them virtually untapped – and the emerging RHIO business model. Not only are grants available from public sources such as the Health Resources and Services Adminsitration (HRSA), AHRQ and oters, but also many prvate sources.
The survey team learned how RHIO startup is funded, how RHIOs are faring in their efforts to reach financial sustainability, and where the money is coming from. The study report -- the first U.S. study to focus on RHIO finance -- is among the most-downloaded content in the Healthcare IT Transition Group webspace, and has been covered extensively in the media, including AMA News, Government Health IT, Healthcare IT News, NHIN Watch, Modern Healthcare, iHealth Beat, The Informatics Review, Health Data Management and numerous other news sources.
Topics will include RHIO startup funding, trading partner financing, earned income strategies, funding resources for RHIOs and other health IT projects – some of them virtually untapped – and the emerging RHIO business model.
This training is designed for RHIO administrators, trustees and finance personnel, RHIO technology vendors and advisors, government leaders and funding organizations to help them understand both the financial challenges and the successful solutions facing RHIOs. The sessions offer actionable business intelligence to RHIO organizers and their trading partners, and provide an opportunity to ask questions following the presentation.
Who Should Attend?
- RHIO administrators, trustees and finance personnel
- Providers and payers involved in RHIO planning
- Grants administrators
- RHIO technology vendors, consultants and advisors
- Legislators and other government leaders involved in RHIO planning
- Public and private funding organization program managers
Agenda
- End of the myth: RHIOs do actually look quite a bit alike... financially, anyway
- The importance of the business model
- What the survey asked
- RHIO stakeholder profile
- Funding sources
- The role of government in RHIO finance
- The role of hospitals in RHIO finance
- The emerging RHIO business model
- Reality sets in: Earned income is hard, contributed income is easier
- How long to self-sufficiency? Survey data suggest an answer
- Anatomy of sustainability
- Revenue source changes over the RHIO lifecycle
- Who's in charge, and how it affects sustainability
- Missed opportunities: Untapped funding sources
- Finding and Approaching new money
- Down the road: Clarified financial strategies
Q&A session will follow the presentation.
Bonus Materials
With your paid registration you will receive these valuable materials:
- Handout and Presentation Slides
- Authoritative links to RHIO resources and funding information
- Summary of the 2006 RHIO finance survey report
- White paper "The Integrated Path - Incorporating Contributed Revenue in the RHIO Finance Mix"
- Coupon for $70 off the full 2006 RHIO Finance Survey Report
 Meet Your Presenter
Michael Christopher is the lead investigator in the 2007 Survey of Regional Health Information Organization Finance, and also conducted the 2006 survey and served as principal author on the study report, Funding RHIO Startup and Financing for Life. He presented initial findings of the 2006 survey at the WEDI national conference last May. Michael brings twenty years' experience in nonprofit executive management and capital development with an emphasis in the implementation of information systems. He has held executive positions in the healthcare and human services sectors in IT capital development, finance and marketing.
Michael has led the business case and grant writing process for numerous successful capital projects seeking private, state and federal funding. For a technology vendor, Michael served as the chief architect of a suite of financial applications targeting these sectors. He has presented and facilitated widely on finance, privacy, ethics, and mission accountability topics, and provides capital development and marketing counsel to commercial and nonprofit clients.
The RHIO Finance Seminar Series
Introduction, April 24 and 26, "RHIO Funding Strategies: Planning from Experience"
Part 1, June 6 and 7, "RHIO Funding Progress: Findings of the 2007 RHIO Finance Survey"
Part 2, July 10 and 12, "The Grant Search for Health IT Projects: Resources and Techniques"
Part 3, August 7 and 9, "Building the Case for RHIO: Tools for Partner Consensus and Funding"
Note: Each of the webinars stands alone and does not require any of the others. |
Schedule |
Click the registration button for the date and time you wish to join. |
The RHIO Finance Seminar Series
Introducion: RHIO Funding Strategies
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DATES & TIMES |
PRICE
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ADDITIONAL INFORMATION |
REGISTER  |
RHIO Funding Strategies
(90 minutes - session may run longer to accommodate a large number of questions) |
Tuesday,
APRIL 24, 2007
1:00pm Eastern
Noon Central
11:00am Mountain
10:00am Pacific
9:00am Alaska |
$325
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You will receive instructions via email for accessing the webinar 48 hours prior to the session.
Pay by credit card, purchase order or check. Check must be received by early registration date to receive discount.
Click here for payment and refund policies. |
Registration closed. |
RHIO Funding Strategies
(90 minutes - session may run longer to accommodate a large number of questions) |
Thursday,
APRIL 26, 2007
1:00pm Eastern
Noon Central
11:00am Mountain
10:00am Pacific
9:00am Alaska |
$325
|
You will receive instructions via email for accessing the webinar 48 hours prior to the session.
Pay by credit card, purchase order or check. Check must be received by early registration date to receive discount. Click here for payment and refund policies. |
Registration closed. |
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| Standard registration pricing permits up to three persons to participate on a single phone line and single standard computer monitor. For information on site licensing for additional persons or large screen display, please visit our Webinar Site License page. |
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| DISCLAIMER: Healthcare IT Transition Group presents webinar and seminar content for informational purposes only. No applicability to any specific purpose or organization is implied. Presenters are not attorneys, and comments are not to be construed as legal advice. Consult appropriate legal counsel. |
| Keywords: RHIO, regional health information organization, funding case, finance, grant, fund, financial analysis, startup, fundraising, contribution, grants, stakeholder, solvent, sustainable, business model, earned income, loan, investor, investment, 501c3, 501c6, nonprofit, for-profit, diversification, diversify, transaction fee, dues, payment, charitable, commercial, public good, self-sufficiency, philanthropy, interoperable standards, claims, commercialization, revenue, network effect, value creation, income, expense, capital, HIE, health information exchange, electronic health record, electronic medical record, EMPI, EMR, health IT, healthcare information technology, interoperability, NHIN, HRSA, webinar, seminar, training |
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