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  Making Positive Financial Case to C-Suite, HFM Article Explains How
  by Site Administrator | Jun 20, 2013
   
  Senior executives don't have time to master the same level of operational knowledge
as do facilities managers, says Todd Wilkening, HCI’s Benchmarking 2.0 Chair.

In an exclusive article for Health Facilities Management (HFM) magazine, learn to speak differently to senior level executives, advises Wilkening. C-Suite execs need to hear that the money the hospital spends will come back as increased revenue and profits.

The Benchmarking 2.0 Health Care Facility Management Report provides FMs with a handy tool box to dip into. The report goes further by using the commonly accepted health care financial matrix of "adjusted patient discharges" to help health FMs move beyond an expense mindset and make a positive financial case to senior-level executives. This sets the stage for facilities managers to easily begin rolling out cumulative cash flow, return on investment and time value of money metrics.

The article appears in the Compliance+Operations section of HFM, June 2013. Click here to download the entire article.