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Diversified Business Planning for AAA Success: Healthcare Partnerships and Beyond

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Wednesday, February 28, 2018

Start : 10:00 AM Pacific
End : 11:00 AM Pacific

Part of the Aging and Disability Business Institute Series—a Collaboration of n4a and ASA

Click here to view on Vimeo for free.

Includes complimentary CEUs*

As traditional sources of funding continue to stagnate or decrease, area agencies on aging (AAAs), especially those serving rural areas, are facing difficult challenges in maintaining programs and services. Appalachian Agency for Senior Citizens, which operates in the rural Appalachian area of Virginia, has developed a strategic plan through creative partnerships and innovative programming to diversify their business plan and funding streams. Presenters will share their experience in building strong community partnerships, developing diversified revenue streams and fee-for-service programs, and with how traditional aging programs can also be presented as value-added services through strategic marketing, even in a challenging rural environment. The importance of measured outcomes to the marketing and development plan will also be discussed. Lessons learned and best practices for business development will be applicable to AAAs and community-based organizations serving all populations and markets.

Participants in this web seminar will be able to:

  • Understand the challenges that AAAs and CBOs face in maintaining and growing programs and revenue;
  • Articulate strategies that AAAs, especially those serving rural populations, can take that have the potential to bolster and diversify their business lines; and,
  • List healthcare partnership opportunities AAAs can pursue for business and programmatic growth.

Presenters:

Brian Beck, M.B.A., is chief financial officer of Appalachian Agency for Senior Citizen (AASC). Beck is responsible for total organizational revenue of more than $13 million annually, spread across 30 programs, including public transportation, AllCARE for Seniors (PACE) program, and Senior Living Community. During his seven years as CFO, operational revenue has doubled and organizational staff has grown by 33 percent.

 

Regina Sayers, M.S., is executive director of AASC. AASC operates 30 aging and community based programs including Public Transportation, Intergenerational Day Care, Senior Living Community and PACE medical program.

 

 

The Aging and Disability Business Institute is funded by:

Administration for Community Living

The John A. Hartford Foundation

The SCAN Foundation

The Gary and Mary West Foundation

The Colorado Health Foundation

The Marin Community Foundation

 

Partners:

National Association of Area Agencies on Aging (n4a)

Independent Living Research Utilization/National Center for Aging and Disability

American Society on Aging

Partners in Care Foundation

Elder Services of the Merrimack Valley/Healthy Living Center of Excellence.

Learn more about The Aging and Disability Business Institute at www.aginganddisabilitybusinessinstitute.org

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