Healthcare CFOs on M&As

M&A Technology Lessons - Top CFOs Discuss

Strategies for Healthcare Consolidation

July 19, 2017

Introductions

Keith LohkampSr. Director

Industry Strategy

Workday

Robin NormanSVP and CFO

Virginia Hospital

Center

Jim PorterCFO

St. Bernard Hospital

Michael T. BurkeSVP, Vice Dean &

Corporate CFO

NYU Langone Medical

Center

The Leading Enterprise Cloud for Finance and HR

19,000,000+workers under contract

42,000,000,000+transactions in 2016

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99.9%uptime in 2016

+300go-lives in 2016

136+companies

#18100 Best Companies

to Work For, Fortune

#1Best Workplaces in Ireland,

Great Place to Work Institute

Workday Solution for Healthcare

GLOBAL AT

THE CORE

TECHNOLOGY FOUNDATION

SINGLE CODE LINE

MOBILE COLLABORATION

ACTIONABLE

ANALYTICS

EXPENSES

PAYROLL

RECRUITING

HUMAN

RESOURCES

FINANCIALS

TIME TRACKINGINVENTORY

PROJECTS

PROCUREMENT

PLANNING

TALENT

LEARNING

IN-MEMORY

OBJECTS SECURITY

BUSINESS PROCESS FRAMEWORK

INTEGRATION

CLOUD

REPORTING

& ANALYTICS

CONSUMER UI

GRANTS

Trends in Healthcare M&A

Mergers, acquisitions, affiliations, joint-

ventures and more.

Activity Takes Many FormsM&A Activity Still Strong

38% expected buying or merging with

existing businesses to be their preferred

growth strategy in the year ahead.*

Source: HFMA, “HFMA’s Value Project: Phase 3 Acquisition and Affiliation Strategies”, June 2014.

*Source: Capital One©, “Capital One© healthcare Leaders Survey”, January 2017.

Expected Benefits of M&A

Workday Confidential

Operational

efficiencies

Transition to

population

health

Expand care

continuum

Develop new

capabilities

M&A Discussion

Background and

M&A Experience

1

M&A Discussion

Considerations

when Evaluating

or Planning M&A

2

M&A Discussion

M&A Lessons

Learned

3

Q&A

Workday Better Enables M&A

OR

M&A designed for what’s to comeLegacy M&A

Accelerate due diligence by leveraging built-

in standard reports & create custom reports

in under 2 hours

50-60% of M&A synergies are IT-related and

are at risk due to systems issues

Integrating acquired company systems can

take months, even years

Operate as disparate entities with

multiple systems

Execute multiple M&A transactions using

repeatable project plan leading to 50% faster

integration timeline

Fragmented data & systems for Finance,

Planning, and HCM

Conduct portfolio reviews using

standardized real-time data housed in one

HCM and Financials system

Increased visibility into talent capabilities

and needs across entire employee base

better enables achieving synergies

Integrate acquired company employees by

deal close, speeding onboarding by 95%

Executives are challenged with limited data

and tools to conduct thorough portfolio

reviews

Q & A



Talk track

Activity Takes Many FormsRationale for M&A

Operational

efficiencies

Transition to

population health

Expand care

continuumDevelop new

capabilities



Talk track

Activity Takes Many FormsRationale for M&A

Operational efficiencies

Expand continuum of care

Enable transition to population health

Develop new capabilities


• 67% polled plan to pursue an acquisition in the next 12 months.*

• HFMA Study

• HIMSS Survey

• Becker’s top trends

Often M&A feels like this…