CHICC Expert Workshop - Demystifying Financial Modelling

• Are you a digital health startup seeking actionable advice and knowledge to improve your financial modelling prowess?

• Is your financial model helping or hindering your ability to accurately forecast performance?

• Does your model effectively communicate financial health to key stakeholders and investors? 

Understanding financial models is critical for attracting investors, guiding strategic decisions, and ensuring sustainable business growth. Whether you're at the pre-revenue stage or scaling a post-revenue company, this CHICC expert workshop will help you to stay ahead of the curve and ensure your model is a powerful tool for success.

Corporate finance experts from leading accounting firm William Buck will lead you through the fundamentals of financial modelling, examining revenue and cost drivers, cash flow management, analysis methods, forecasting and impact on valuations.

You’ll have the chance to put your learnings into practice through an interactive session, before hearing exclusive industry insights into building successful financial models – unpacking common challenges, effective strategies for aligning forecasts with market shifts, and communicating financial health to stakeholders.

THE DETAILS:

Date: Tuesday 8 October 2024

Time (AEDT): 9:30 am – 1:00 pm 

Where: CHICC – Connected Health Innovation and Commercialisation Centre, Level 2, 99 William Street, Melbourne

Format: In-person with presentations, hands-on practical activities, and interactive engagement.  

Registration: Free to attend

Who should attend:

• Digital and connected health CEOs, founders and executives. 
• Finance, business development and operations managers. 

INDUSTRY EXPERTS:

Kim Smyth, General Manager, Investment, ANDHealth

Kim is the GM of Investment for ANDHealth, where she leads the flagship ANDHealth+ program supporting digital health companies along the journey from early product through clinical and commercial validation, reimbursement and go-to-market strategy, and scale-up. Kim brings a global track record in digital health commercialisation, innovation strategy, and digital transformation to this role.

She began her career with Braxton/ Deloitte in North America and Europe, before taking operational roles at an e-learning startup and The Body Shop, where she established the company’s first direct-to-consumer analytics and relationship management function. Kim came to healthcare in 2010 to design and deliver a novel, data-driven support program for cardiovascular patients. In 2015 she helped establish a CTO office in Silicon Valley for AstraZeneca, where she led an external innovation team that partnered with emerging technology vendors and startups to deliver more than a dozen proof-of-concept pilots, including the company's first fully virtual clinical trials. She has held local and global roles in strategy and digital innovation in the pharmaceutical industry and as an independent advisor to start-ups on go-to-market and partnering strategy.

Kim is passionate about working with multi-disciplinary teams to bring healthcare innovation to market, and to promote Australian innovation to the world.

Boon Chan, Principal, Corporate Finance, William Buck 

“Delivering exceptional results isn’t just about the numbers; it’s about understanding the story behind them.”
Boon believes in the power of genuine collaboration and impact it can have on achieving exceptional outcomes. Boon’s passion lies in helping clients navigate the complexities of corporate transactions with confidence and clarity. He value’s timeliness and precision while understanding that business owners have tight schedules as well. He recognises the stakes are high in every deal.

Boon’s goal is to ensure that even the most seasoned executives feel supported throughout the process, turning daunting tasks into manageable milestones.
Boon has perfected his skills in both buy-side and sell-side transactions, IPOs, public, private capital raisings, and strategic reviews with over 15 years of professional experience. Boon has been part of over one billion dollars in transaction value over his career, transforming the lives of all key stakeholders.

At William Buck, Boon works with a diverse range of clients, from large corporations to innovative startups, helping them achieve their strategic goals through meticulous financial analysis and transaction management. Whether you're looking to acquire a new business, raise capital, or streamline your operations, Boon can provide tailored, insightful advice and hands-on support to maximise your success.

Outside of work, Boon enjoys getting out for a game of tennis or watching his favourite soccer team.

Larissa See, Manager, Business Advisory, William Buck  

"I am dedicated to going above and beyond, supporting my clients’ success every step of the way."

Larissa is an integral part of the Business Advisory leadership team, recognised for her motivated and committed approach to delivering results for clients. She finds great value in understanding clients’ business journeys and support their success.

Larissa has over seven years of professional experience across various industries such as property and construction, small to medium sized and family-owned businesses. With a focus in the Technology sector, Larissa collaborates and advises many start-ups and scale-ups within the industry, understanding their unique challenges and delivering comprehensive, holistic solutions to support the growing businesses’ needs.

With an authentic and open communication style, Larissa quickly forms strong connections with her clients. Her diverse life experiences and multilingual skills further strengthen her ability to engage with a diverse client base.

Outside of work, you can find Larissa at pilates or on a culinary adventure at one of Melbourne’s many eateries.

Mark Ellis, Principal, Corporate Finance, William Buck 

“I’m the person my clients call for advice.”

Mark thrives off the adversarial nature of his job, constantly holding himself up to a high standard to avoid any potential weakness. With over 15 years of experience, he has equipped himself with a wealth of knowledge. His expertise is in producing expert reports in relation to valuations, loss and damage claims, investigations, and family law.

Mark maintains the mantra ‘a yes man is no use to anybody’, welcoming respectful disagreement and conflict to facilitate better outcomes for his clients. With his clients, he is regarded highly for his advice and strives to offer the most optimal solutions and value.

To Mark, success is about spending his time on what is important, doing a fulfilling job and spending free time improving himself and enjoying the company of friends and family.

Dr Simon Graindorge, Chief Operating Officer, OncoRes Medical

Simon is the Chief Operating Officer of OncoRes Medical. He has spent almost 25 years as an investor and operator in medical device and digital health companies in the UK and Australia. He has extensive experience as both an operating executive and board director investing in, building and growing start-ups, early stage and emerging growth companies based on early-stage, deep technology innovations across healthcare. 

Before joining OncoRes as COO, Simon was an Operating Partner and Entrepreneur-in-Residence with IP Group Australia, and a Partner in the UK life sciences team at IP Group plc, leading investment strategy and portfolio in medtech and digital health/healthtech. 

Over the last decade he has invested in and helped build companies like Tissue Regenix Group plc, Oxehealth, Creavo Medical Technologies, Intelligent Ultrasound Group plc, Ibex Innovations, Pancregenesis. Simon joined IP Group from Ceramex Ltd, a corporate spin-out of the Hexadex Group and was previously an Executive Director at Tissue Regenix Group plc. 

Simon holds a PhD in Biomedical Engineering from the University of Western Australia, and Bachelor degrees in both Mechanical Engineering and Chemistry.

Important note for attendees:

To encourage inclusive and open dialogue, this event operates under Chatham House Rule. We kindly ask that you do not film or record this session, including the use of unauthorised AI notetakers. 

Please be advised that photographs and videos may be taken by ANDHealth staff. By attending this event, you agree to being filmed or photographed, and acknowledge that these may be used for marketing or promotional purposes. 

This CHICC workshop is powered by ANDHealth and supported by the State Government of Victoria.