Encore Engagement Trumps Volunteering, Corporate Exec Finds
"I am working in support of the CFO. One project is designing a process to improve their cash handling," Arnold says. "They have a lot of facilities and they take in a lot of cash. Generally speaking, in the finance and accounting arena, cash handling is a big deal. There are major compliance concerns."
Arnold has a one-year contract that requires him to spend a minimum of 20 hours each week working for La Clinica, for which he is paid $25,000. The contract expires at the end of July, but Arnold hopes to re-sign with La Clinica because he wants to be there when his cash handling strategies are implemented.
"I am in the process now of rolling out a design that I created, training down to the clerical level at their various large sites, and hoping I can get all of this done before my contract expires," he says.
Arnold says he hopes to be there for another year or two for the implementation, to troubleshoot the process, and to provide post-implementation assessment. "You become invested when you design something and you feel strongly that it is going to be a significant legacy benefit that is going to be sustained beyond your actual involvement," he says.
While he doesn't need the salary Arnold says the pay sends an important message.
- EHR Systems 'Immature, Costly,' AMA Says
- Anthem Blue Cross, 7 CA Health Systems Create New Challenger, Business Model
- Interstate Medical Licensure Effort Advances
- Better HCAHPS Scores Protect Revenue
- Data Points to Boom in Private HIX
- How to Build a Health Plan from Scratch
- CEO Exchange: Preparing for Population Health
- Narrow Networks Cut Costs, Not Quality, Economists Say
- Few Winners Among MSSP Participants
- Insurers see cost hikes in Partners HealthCare (MA) mergers