F-2: Strategic Performance Improvement & Driving Change for Sustainability

NAB; HRCI – 1 Credit Hour | Thursday, June 6th. 10:15 AM – 11:15 AM

Session Description:

This informative program will explore the complex and evolving landscape of non-profit long-term care affiliation. With increasingly more nonprofit SNFs losing their identities to corporate mergers, affiliation is a unique merger method that preserves an organizations mission and individuality, while providing the benefit of increased funding and resources from the parent organization. Specifically, this presentation will focus on the passive parent model, which the speakers have first-hand, recent experience executing successfully. By attending this seminar, participants will gain a comprehensive understanding of the strategic, financial, and operational considerations involved in non-profit long-term care passive parent affiliation. Whether they represent a non-profit long-term care organization, a healthcare provider, a legal or financial entity, or are simply interested in the non-profit long-term care sector, this seminar will equip attendees with the actionable insights and guidance needed to navigate these complex decisions.

Learning Objectives:

Describe the strategic performance improvement process and its components, and its effectiveness of helping organizations achieve success and sustainability.

Outline the steps for an environment scan and self-assessment, including development of a multi-year financial proforma.

Explain the critical leadership skills, employee engagement, and stakeholder communication necessary for successful strategic performance improvement.

Speakers:

Joseph Tomaino, Partner, Grassi Healthcare Advisors

Joseph Tomaino is the Chief Executive Officer of Grassi Healthcare Advisors, LLC and has nearly 40 years of healthcare management experience working in the not-for-profit, for-profit and government-sponsored segments. As a chief executive officer, chief nursing officer, consultant, and educator, Joseph has worked with provider organizations and payers across the U.S. as an architect of value based care — improving clinical effectiveness along with efficient use of resources. Joseph uses data to analyze populations being served and organizational effectiveness, then applies innovative structure and program designs to improve performance, helping clients transform to successfully operate in managed care and accountable care reimbursement environments.

Jaime Rapps, Partner, Grassi Healthcare Advisors

Jaime Rapps, CPA is a Partner at Grassi and brings nearly 15 years of audit, accounting and tax experience to his role. A member of the firm’s Healthcare practice, he specializes in financial reporting, audits, reviews, compilations and tax work for clients in these industries. Jaime focuses on financial statement audits and advisory work for skilled nursing facilities and their ancillary companies, such as landholding companies, staffing agencies, pharmacies and management companies. Jaime has experience providing financial statement audits for Continuing Care Retirement Communities, FQHCs, Hospices, assisted living and adult day care programs. Jaime’s expertise extends to OMB Uniform Guidance (formerly A-133) and HUD compliance audits. As a result, Jaime has extended these services to include compliance audits for recipients of Provider Relief Funds and the Shuttered Venue Operating Grant. Jaime’s experience includes financial statement audits of housing companies and employee benefit plans. He advises multifamily HUD housing projects on Section 8 and Section 202 compliance and low-income housing tax credits.

Jeremy Rutter, CEO/President, Community Wellness Partners

Jeremy Rutter, MPA, HSE, CNHA is a mission-driven healthcare executive with two decades of progressive experience, blending data-driven analysis with compassionate leadership cultivated through military service. With a background spanning various aspects of long-term care and healthcare operations, Jeremy excels in fostering collaboration and problem-solving within teams. Currently serving as President and CEO of Community Wellness Partners in Oneida County, NY, Jeremy oversees the administration and operation of a network of healthcare communities, integrating a faith-based approach into care delivery. Previously, as Chief Clinical Officer/Vice President of Skilled Nursing Operations at Heritage Ministries, Jeremy ensured the quality of care and financial viability across multiple states, embodying a commitment to excellence and resident well-being.