The future of healthcare and aged care is the focus of an upcoming two-day conference hosted by PASA in May featuring exclusive keynotes from StewartBrown, Johnson and Johnson, Bain & Co, KPMG and Uniting Care NSW.
It’s the 8th annual edition of the Health and Aged Care Procurement Conference to take place at Sydney’s Royal Randwick Racecourse on May 10 and 11.
Free tickets for the first 150 buyers.
Stuart Hutcheon, Managing Partner for StewartBrown, features on day two which is dedicated solely to Aged Care after Health procurement goes under the spotlight on day one.
Stuart’s presentation ‘A financial analysis of the parlous state of the aged care sector post Royal Commission’ will cover research and financial insights by StewartBrown which indicates real and sustained financial pressure on aged care providers’ bottom lines.
An alarming January report released by StewartBrown found 70% of aged care homes were running at a loss.
Leading conference comes at a critical time
The conference comes at a critical time for the healthcare and aged care sectors, as they continue to face unprecedented challenges and changes.
The cost of aged care to the Australian taxpayer is expected to skyrocket in this year’s Federal Budget on 9 May.
Ballooning costs are estimated to jump to $29.6bn from $24.8bn in 2022, a leap of 23 per cent.
With an ageing population, rising costs, and changing regulations, the need for innovative solutions and efficient procurement processes has never been more important.
The conference will provide valuable insights and practical strategies for attendees to navigate these complex issues and contribute to the long-term sustainability of these vital sectors.
Procurement plays a crucial role in managing costs and ensuring that the health and aged care systems can operate efficiently and effectively in the future.
Bain & Co to feature patient experience presentation
Day one, dedicated to health procurement, will feature several keynote speakers, including Damian Angus, partner at Bain & Co. Damian will discuss how new models of care can improve the patient experience and bring better outcomes at a lower cost.
Zarina Carty, director of procurement services and IT at SA Health, will explore the challenges of achieving value and savings in procurement during times of cost pressure.
Susan Martin, managing director of Johnson & Johnson MedTech ANZ, will offer a supplier’s view on the value-based healthcare philosophy and the importance of innovation in the medtech industry.
On Day two, Nicki Doyle, lead partner at KPMG, and Nicole Aspray, director of sourcing and procurement advisory (health) at KPMG, will share how procurement can empower aged care providers to deliver exceptional care through smarter procurement.
Chris Heptinstall, CPO at Uniting Care NSW, will explore the role of procurement in stemming the financial crisis facing the aged care sector.
Procurement professionals can also benchmark against case studies from NSW HealthShare, SA Health, NZ Health, Austin Health, Australian Unity, Red Cross Lifeline, Uniting Care, Integrated Living and others.
