Role. Capital strategy delegation for Asterion Health Alliance
Action. Allocate
Signature mechanic. Five locked acts, a rival exchange, and a consequence engine
Class. Full case at monitored check-in · One four-student chapter team. Five-act live championship.
What you do
Asterion Health Alliance serves a metropolitan center and three community hospitals. Its unrestricted capital envelope is $48 million, with a $6 million minimum reserve. Competing investments exceed available funds. A rival provider is capturing profitable outpatient demand, a maternity pathway needs safer transfer capacity, and a cyber infrastructure replacement cannot be delayed indefinitely. A lender wants stability. Clinicians want equipment. Communities want access. The team decides what deserves capital and what it will refuse.
Why this event is Legacy-level
A sequence of locked actions creates consequences. Rival encounters test judgment. Technical and clinical evidence must survive execution. The final hearing examines both what the team chose and how it revised. No slide deck can replace the work history.
Four-person operating model
- Finance strategist: sources and uses, debt, cash flow, and downside cases.
- Clinical access officer: safety floors, service continuity, equity, and transfer feasibility.
- Investment and risk analyst: sensitivities, workforce dependencies, and implementation.
- Negotiation and board lead: partner terms, concessions, public defense, and accountability.
Five-act storyline
Act I. The Opening Ledger
Lock a five-year portfolio, reserve policy, and clinical-access floor. Explain rejected investments. Do not claim every project will pay for itself.
Required output. Capital allocation sheet, cash schedule, evidence index, and assumptions register.
Act II. The Exchange
Negotiate a shared-service agreement with a rival hospital team. A bounded sealed-bid procurement exercise allocates fictional vendor capacity. Safety-critical care itself is never auctioned.
Required output. Signed term sheet or justified walk-away, risk allocation, and alternative plan.
Act III. The Covenant Breach
A common payer update lowers expected receipts. The consequence engine applies previously stated liquidity and covenant relationships. High leverage is not automatically wrong, but it becomes costly.
Required output. Revised cash forecast, covenant test, project sequencing, and access mitigation.
Act IV. The Benefactor's Clause
A donation appears with restrictive service commitments. A second exhibit reveals that the favored growth project creates a staffing bottleneck. Accept, counteroffer, or reject with evidence.
Required output. Donation decision, revised staffing and capital plan, and downside comparison.
Act V. The Sovereign Board
Clinician, lender, labor, and community actors challenge the final portfolio. A rival files one exhibit-based challenge. Close with first-100-day execution and accountability.
Required output. Final board book, three-scenario model, ownership milestones, and public explanation.
Preparation before competition
Study capital budgeting, hospital finance, access and equity, negotiation, and board defense. Eight weeks out, expect a topic, skills blueprint, templates, formula sheet, and allowed-tool list. The complete fictional case releases only at monitored check-in.
At competition
Regional day: 08:00 full case release, 10:00 opening lock, 10:45 first execution and rival encounter, 12:30 consequence inject, 13:30 major reversal, 14:30 final hearing and individual questioning, 15:30 artifact lock. States may split analysis and reversal across two controlled days. No overnight homework or midnight injects.
Required work product
Locked act packets, an assumptions register, numbered evidence citations, a rival term sheet or walk-away, and a final board book that a real organization could follow.
Championship rubric. 1,000 points.
Every Legacy event uses a 1,000-point rubric. For each criterion, a judge awards a 0 to 4 anchor. Awarded points equal the criterion maximum times the level divided by 4. Half-levels need a written rationale. Three judges rate independently, then scores are averaged. Each criterion is scored once over the full evidence trail.
| Criterion | Points |
|---|
| Financial integrity and capital allocation | 220 |
| Clinical access, safety, and equity | 200 |
| Evidence and sensitivity analysis | 150 |
| Transactions and negotiation | 120 |
| Adaptation and strategic coherence | 160 |
| Implementation and board defense | 100 |
| Individual mastery | 50 |
Student success standard
A standout team names what it will not fund, keeps the reserve honest, and can explain every locked act after a reversal. Novelty is not automatically superior.
Annual expansion
The annual health-system type and project set can change. The Sovereign Ledger identity stays: scarce capital, essential care, and public accountability.
Round difficulty
- Regionals. One-day five-act case with a concise evidence packet, one principal rival encounter, and common core injects.
- States. Richer data, tighter constraints, deeper stakeholder conflict, and more developed encounter cycles. Expanded logistics appear in the event notice.
- Nationals. System-level dependencies and harder uncertainty, with the same published criterion weights. Scheduling is approved separately.
Rules and boundaries
- During controlled phases, only supplied materials and authorized tools are allowed. No open internet, generative AI, personal messaging, or outside coaches unless a specific rule authorizes a tool.
- The complete fictional case releases only at monitored check-in. Recommended advance release is a broad topic, skills blueprint, sample templates, formula sheet, and allowed-tool list eight weeks before Regionals.
- Each exhibit carries an ID, timestamp, units, and reliability status. Distinguish confirmed facts, estimates, allegations, and binding constraints. A contradictory actor statement is not automatically true.
- Lock each decision before the next release. Later revisions must identify the changed fact, the old assumption, the new action, and its owner. Correcting an error earns adaptation credit. It does not erase the earlier error from the evidence trail.
- Rival encounters test negotiation, evidence, and composure. Teams earn points for defensible decisions, not simply for beating a weaker opponent. An uncooperative rival cannot deny a team all transaction points.
- All cases are fictional. No patient care, medication administration, real clinical records, unapproved human testing, legal representation, or actual investment solicitation.
- Lock the decision before the next release. Later revisions must identify the changed fact, the old assumption, the new action, and its owner.
- Safety-critical care is never auctioned.
- A team can win without accepting a deal or expanding services if its alternative meets constraints and withstands challenge.
Open the Legacy Championship handbook