November 15, 2004

'Best Practice' Financial Tools the Focus of OPEN MINDS 2005 Financial Management Institute

Gettysburg, Pennsylvania – In an era of rising costs and shrinking budgets, financial management skills are increasingly important for organizational success. OPEN MINDS 2005 Financial Management Institute gives executives a “crash course” on new theories, best practices, and field experience in financial management. This two-day event is complete with workshops and opportunities for networking. The institute will be held February 17-18, 2005, in Fort Lauderdale, Florida, at the Doubletree Guest Suites Galleria.

"Experienced members of the OPEN MINDS consulting team, as well as our guest speakers, will bring a plethora of financial management information to the attendee that is directly applicable to the behavioral health and social services field," said Monica E. Oss, president of OPEN MINDS.

Featured workshops include:

• Trends in the Financing of Behavioral Health & Social Services
• Best Practice Budgeting: Tying Your Budget to Your Strategic Plan
• Evaluating the Costs of Employee Turnover
• Collaborative Management Models for Achieving Economies of Scale
• Developing & Implementing Performance Reporting
• Models for Pricing & Managing Case Rate
• Using ROI in the Planning & Budgeting Process
• Strategic Cost Management: Approaches for Measuring & Reducing Unit Cost

Registration is $795 per person; registrations made by December 17, 2004 are only $695. For more information on this institute and other management and executive education programs, visit www.openminds.com/educ/educ.htm, call toll free 1-877-350-6463, or E-mail openminds@openminds.com.

OPEN MINDS is a market information and management consulting firm specializing in the behavioral health and social service field. For more information about OPEN MINDS contact: OPEN MINDS, 163 York Street, Gettysburg, Pennsylvania 17325, phone: 717-334-1329, fax: 717-334-0538, E-mail: openminds@openminds.com, or visit our web site at www.openminds.com.

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