What were the hot topics at J.P. Morgan 2023? Here to discuss is Rob DeMichiei, Board Director, Strategic Advisor and Former CFO. Advent, Baylor Scott & White, CommonSpirit and Ascension all shared their “structured cost reduction initiatives”. We’re talking reductions in the hundreds of millions of dollars. How do labor costs tie into this? Have we reached the peak? Whatever the case may be, premium pay is now an embedded cost that's not going away. Equity and inclusion and value-based care have also become an embedded discussion. How daunting is the complexity of healthcare today? Intermountain’s presentation on their 50 year journey from fee for service to value based care gives us a big clue.
Key Points:
Health-care pricing doesn't work
There’s an operational trend towards integrated call centers
Walgreens and CVS both have strategies around significant acquisitions of physician groups
https://www.healthcatalyst.com/
Register now for our February 2nd webinar: Priorities for 2023. A CIO Discussion with Academic Medical Centers - https://thisweekhealth.com/leaders-series-cio-amc-priorities-for-2023/. Only available LIVE!
Subscribe: https://www.thisweekhealth.com/subscribe/
Linkedin: https://www.linkedin.com/company/ThisWeekHealth
Twitter: https://twitter.com/thisweekhealth
Donate: Alex’s Lemonade Stand: Foundation for Childhood Cancer - https://www.alexslemonade.org/mypage/3173454
© Copyright 2023 Health Lyrics All rights reserved
