In this audio webcast, Kenneth Kaufman, of healthcare financial consulting firm Kaufman, Hall & Associates and Peter DeAngelis, Catholic Health East, provide concrete strategies and guidelines that healthcare financial leaders can use to achieve the significant benefits of a best practice, corporate finance-based approach to the management of their organizations. This program complements the newly released first report of Financing the Future II (a six-report series for healthcare leaders and their staffs to be published over the next 18 months). Adherence to a rigorous corporate finance process is critical to a hospital's ability to increase access to capital, make wise investments in the organization's future, and improve financial performance. To remain viable, all organizations must make good investment decisions based on objective analysis. Through effective use of the integrated corporate finance-based planning and implementation processes described in these reports, organizations make capital decisions that maximize their mission-based benefits at effective costs. This yields acceptable financial performance, which in turn provides access to future capital and continued ability to meet mission. Our speakers will outline the guiding principles of best practice financial management, describe their practical application in actual organizations, and highlight common mistakes organizations need to avoid to achieve competitive financial success into the future.