Steven Berger is President of Healthcare Insights, LLC, which specializes in the teaching and consulting of healthcare financial management issues. In addition, Healthcare Insights has developed INSIGHTS, a management accountability and decision support software solution for the healthcare industry. Prior to his role at Healthcare Insights, Mr. Berger was Vice President, Finance for seven years at 250- bed Highland Park Hospital in suburban Chicago, Illinois. Before Highland Park Hospital and since 1978, he has been a hospital or health system finance officer in New York, New Jersey and Missouri.
Mr. Berger has 36 years of healthcare financial management experience. He holds a Bachelors of Science degree in History and a Master of Science in Accounting from the State University of New York at Binghamton. He is a CPA, a Fellow of the Healthcare Financial Management Association (FHFMA) where he has served as President of the First Illinois Chapter.
Mr. Berger also served a three-year term on the HFMA's National Board of Examiners and was recently the Regional Executive of Region 7 of the HFMA. He is also a Diplomate of the American College of Healthcare Executives (CHE).
This 90 minute webinar has been designed to dispel the myth that information is not available in the healthcare industry to good and rational financial decisions.
Labor is the costliest expense for any hospital. According to national benchmarking statistics, a leading metric indicates that 50% of not-for-profits spend slightly more than 50% of their total revenues on labor. By itself, this means nothing. But compared to some for-profit systems, the not-for-profits are spending 20% more on labor.
This 90 minute webinar has been designed to dispel the myth that information is not available in the healthcare industry to good and rational financial decisions.