HFMA Eastern Michigan Chapter
Strategic Initiatives – 2018/2019 Chapter Year
CAT – affects all areas, continued focus for 2018/2019
- Develop a value proposition for the chapter constituencies – What is the value provided by HFMA membership/involvement?
- Providers and their employees
- Individual professional
- Students/Early Careerists
- Leverage HFMA National innovation awards ($10,000)
- Regional Webinar Series – Eastern Michigan to contribute a minimum of two regional
- Hold second Women’s Leadership Conference June 26, 2018
- Structure a committee to lead planning for Healthcare Finance 1.0 course
- Expand education to appeal to Insurance Plans, Early Careerist, and Physician Practices
- Explore the use of Podcasts and other social media to reach early careerist
- Improve coordination of program dates to avoid conflict of Chapter, region and other professional association events to optimize attendance (in particular MAHAP, MPAA, HIMSS, MCACHE)
- Continue efforts to develop 2 new committees: Business Intelligence, Physician Network Org (PNO)
Membership Involvement / Growth
- Expand membership to include members from Insurance Plans, Physician Practices, and early careerist
- Provide social activities for early careerists
- Plan for a multi-chapter booth at Annual Michigan Association of Health Insurance Plans (7/20-7/22)
- Student/University Involvement and Outreach– continue amazing progress to network with local universities and in particular students.
- Explore more community Benefit opportunities that HFMA may participate which may attract early careerist
- Explore member sponsorships by Chapter for early careerist. Consider different levels of sponsorship contingent on volunteering and experience.
Board Involvement / Succession Planning
- Expand Board composition to include Physician Practices and Health Insurance Plans
- Continue use of Committee Co-chairs with staggered 2-year terms
- Create a grid of Chapter leaders and potential successors for various positions
Financial and Strategic Plan
- Target Annual Budget to be break even (approximate; not firm requirement due to cash reserves)
- Maintain or increase sponsorship. Adopt/evolve the changing marketplace and continue PY efforts to secure new sponsors.
- Explore expanding the budget to provide sponsorship of early careerist members
- National rolled out new certification testing a few years ago to in part attract more non-financial and early careerist members. Continue to locally share the value of certification and explain to potential candidates the process and requirements.