Stephen Corbeil

Listen Here: https://lnkd.in/gZEMU5XN In this episode of Becker’s Healthcare, Peggy Duggan, MD, Executive Vice President and Chief Medical Officer at Tampa General Hospital, discusses how the role of Chief Medical Officer is evolving in healthcare. She also shares valuable advice for aspiring CMOs, highlighting the skills and mindset needed to succeed in this dynamic field. For more information about Becker's Healthcare, please contact Jessica Cole or Scott Becker. #podcast #healthcare #womensleadership

3

🚨 40% of Hospitals Are Losing Money! (Source: Kaufman Hall) 🚨 https://lnkd.in/eEenrkWG While many will shrug and say it is not a big deal because it is the smaller hospitals that are unprofitable, but the reality is much more significant. These hospitals often serve as the largest employers in their communities. When a rural hospital closes, it doesn't just impact healthcare; it devastates local businesses, the broader economy, and the health of that community. Moreover, the presence of a nearby hospital is a critical factor for businesses scouting new locations. Companies know they can't attract top talent if the nearest hospital is in the next county or town. Unfortunately, these hospitals are frequently overlooked by vendors, making it harder for them to thrive. At VantageHealth.ai (and our sister company CompliantHealth.com), we are committed to addressing these challenges. Our value-added solutions aim to move hospitals from red to black through improved revenue streams, reduced costs, increased compliance, and enhanced patient engagement. Let's work together to support these vital institutions and ensure they continue to serve their communities effectively. #Healthcare #RuralHealth #HospitalManagement #CommunityImpact #HealthcareInnovation

52

2 Comments

Mandatory bundles in surgery are a bi-partisan objective, and (in)ability to optimize cost/quality will dramatically impact hospital P&L. Regular insights from granular data , and AI-based decision support are the only way to systemically reduce unwanted variability and be both profitable and high quality.

8

The consolidation of Ambulatory Surgery Centers (ASCs) is a significant trend in the healthcare industry. United Surgical Partners International (USPI), a key player in this landscape, has rapidly expanded its portfolio by acquiring ASC chains like Covenant Physician Partners, adding 56 ASCs in the first quarter of 2024. This aggressive growth strategy has sparked competition and placed pressure on other ASC chains. In response to this consolidation, independent ASCs are exploring joint ventures as a strategic approach to maintain autonomy while benefiting from the advantages of being part of a larger entity. Joint ventures offer access to capital, expertise, and resources, enabling ASCs to scale operations while retaining control over their functions. It's essential for ASCs considering joint ventures to carefully evaluate the terms of the agreement to safeguard operational control. Negotiating these agreements can be complex and time-consuming, requiring a significant investment of resources. Despite the risks involved, joint ventures present an opportunity for ASCs to navigate the evolving healthcare landscape effectively. As the trend of ASC consolidation continues to unfold, independent ASCs have the potential to leverage partnerships with larger organizations through joint ventures. This strategic approach allows them to adapt to market changes and position themselves for success amidst industry shifts.

2

We've seen in other specialties how value-based care can lower costs and transform patient outcomes. But what will it take to apply those same principles to cardiology? Chamber Co-founder and CEO George M. Aloth joined David E. Williams on the CareTalk Podcast: Healthcare. Unfiltered. to answer this question and explain why it's so important to empower doctors in the transition to VBC. Listen now at  https://lnkd.in/gpb2-HWe or wherever you listen to podcasts!

40

1 Comment

Remote Patient Monitoring: Saving Hearts, Transforming Lives Heart failure is a relentless challenge—but technology is changing the game. UMass Memorial Health – Harrington's recent success with Remote Patient Monitoring (RPM) is a testament to the power of innovation in healthcare. By integrating RPM tools like weight scales, blood pressure cuffs, and real-time data-sharing platforms, they’ve significantly reduced hospital readmissions for heart failure patients—from 75% to under 50%. We are also happy to be the first RPM providers in Doha, offering this transformative service to our patients at The View Hospital. By providing timely support and enabling continuous monitoring, we aim to improve lives and set new standards for chronic disease management in our community. This isn't just about numbers; it's about empowering patients to manage chronic conditions from the comfort of their homes while enabling clinicians to intervene early, preventing emergency situations. RPM is more than a tool—it's a bridge connecting patients and caregivers, improving lives, and redefining chronic disease management. As healthcare leaders, we must embrace this innovation to enhance patient outcomes and reduce costs. The future of healthcare is here, and it’s remote. Are you ready to transform lives? #RemotePatientMonitoring #HealthcareInnovation #HeartHealth #ChronicDiseaseManagement #PatientEngagement #DigitalHealth #Telehealth #PreventiveCare #HealthcareLeadership #FutureOfHealth https://lnkd.in/eZVWxkyw Anuja Vaidya

79

9 Comments

Honoring Dr. Mathias Gysler: A Champion for Transformation in Healthcare Today, we remember Dr. Mathias Gysler, former Chief of Staff at Credit Valley Hospital. He wasn't just a leader; he was a visionary. Dr. Gysler saw the potential for healthcare to learn from other industries. Many healthcare professionals viewed their field as unique, and resistant to change. But Dr. Gysler, attending our Boot Camp in 2007, challenged that notion—his powerful statement – "Healthcare is no different than a manufacturing company. Patients are just like widgets" – sparked a crucial shift in thinking. It wasn't about dehumanizing patients, but about applying proven efficiency principles to improve quality of care and patient outcomes. Dr. Gysler understood that a well-oiled system translates to better care for everyone. At TCHealth, we carry Dr. Gysler's torch. As he did, we believe collaboration and innovation hold the key to a healthier future. We're committed to helping healthcare organizations deliver the highest quality service while optimizing processes for better patient experiences. Let's honor Dr. Gysler's legacy by continuing to push boundaries and embrace new ideas. Together, we can transform healthcare for the better. #healthcaretransformation #innovation #patientcare #TCHealth #inspiredbyleaders

6

1 Comment

Assassination of United Healthcare CEO Brian Thompson Raises Alarming Questions This morning, United Healthcare CEO Brian Thompson was tragically assassinated in a brazen, premeditated attack outside the New York Hilton Midtown hotel. As Thompson arrived for an investor conference, a masked assailant ambushed him, firing multiple rounds before fleeing east on an e-bike. Despite swift medical attention, Thompson succumbed to his injuries at Mount Sinai West Hospital. Authorities have described the attack as "targeted" and "carefully planned." The suspect remains at large, with an intensive citywide manhunt underway. Surveillance footage shows the gunman waiting near the hotel, suggesting a premeditated operation rather than a random act of violence. Potential Motives Behind This Tragic Assassination Corporate Rivalry or Insider Threats As the CEO of one of the largest healthcare companies in the world, Thompson oversaw pivotal decisions impacting billions of dollars. Professional rivalries or high-stakes negotiations may have triggered this targeted attack. Healthcare Industry Tensions UnitedHealthcare has been at the center of controversial debates surrounding healthcare costs and access. Someone with grievances against the industry may have acted on their frustrations. Personal Vendetta Thompson, known for his professionalism and dedication, faced risks common to high-profile figures, including threats stemming from personal disputes or ideological differences. Organized Crime The precision and tactics used by the assassin suggest the involvement of a highly skilled, potentially organized actor, pointing to the possibility of a professional assassination. The Stark Reality: A Lack of Protection This incident highlights a glaring gap in executive security. Despite the clear risks associated with Thompson’s high-profile position, he appeared to lack adequate close-protection measures. For all executives seated in high exposure positions, the need for comprehensive security strategies cannot be overstated. This need only heightens in industries fraught with conflict and high public visibility. Trained personnel, risk assessments, and robust protection plans could have mitigated the risks faced by individuals like Thompson. All of us at Vanguard Protection extend our heartfelt condolences to Brian's family, friends, and colleagues during this incredibly difficult time. The UnitedHealthcare community and the healthcare industry at large have lost a dedicated leader whose work impacted countless lives. #BrianThompson #UnitedHealthcare #ExecutiveProtection #CorporateSecurity #Assassination #RiskManagement #VanguardProtection #ExecutiveSecurity #Security PPO120750

2

Emory Healthcare Sees 30% Reduction in Clinician Inboxes with Physician-built AI ... - PR NewswirePRNewswire/ -- Emory Healthcare has successfully implemented Switchboard, MD's MDAware Inbox Management solution, enhancing communication and ...https://lnkd.in/eCvt3dbX

4

The Association of Healthcare Value Analysis Professionals (AHVAP) celebrates Dan Toomey from AirLife for commitment to excellence in the specialty of healthcare value analysis! Dan has signified this commitment by signing the official Association of Healthcare Value Analysis Professionals (AHVAP) healthcare value analysis pledge. To learn more about the Association of Healthcare Value Analysis Professionals (AHVAP) Commitment pledge: https://lnkd.in/gqEWPBue. #AHVAP #valuebasedcare #excellenceincare #valueanalysis

11

Video - Joel Sauer, MBA, executive VP of consulting, MedAxiom, explains how to navigate how cardiologists and hospitals are reimbursed. #Cardiology #CMS MedAxiom - An ACC Company #ACC2024 Joel Sauer

3

The Association of Healthcare Value Analysis Professionals (AHVAP) celebrates Elizabeth Eisenberg, MSN, RN, CVAHP from Scripps Health for commitment to excellence in the specialty of healthcare value analysis! Liz has signified this commitment by signing the official Association of Healthcare Value Analysis Professionals (AHVAP) healthcare value analysis pledge. To learn more about the Association of Healthcare Value Analysis Professionals (AHVAP) Commitment pledge: https://lnkd.in/gqEWPBue. #AHVAP #valuebasedcare #excellenceincare #valueanalysis

7

Private equity in healthcare (particularly the provider space) is becoming quite the nuclear topic, with even FTC Chair Lina Khan weighing in. Tread carefully... #healthcare #hospitals #clinics #healthsystems #privateequity #venturecapital #hedgefunds #mergers #acquisitions Federal Trade Commission https://lnkd.in/gdN7eh4v

2

Valuable discussion with lawmakers, government officials, and experts at POLITICO's Transforming Health Care event this week on policy solutions to expand access to innovative therapies and digital health technologies. 🏥 Digital health and medical diagnostics were in the spotlight as innovations that could meet urgent needs for a healthcare system facing staffing shortages, a burnout epidemic, growing access gaps, and rising costs as demand grows. 🏥 "The user interface should be a priority for development of digital health tools. Ease of access and ease of use are all factors in promoting adoption and addressing health disparities with these innovations." 🏥 AI in healthcare was a hot topic as panels weighed regulations to ensure patient safety and privacy while supporting health system ability to adopt the technology to alleviate administrative burden and improve outcomes 🏥 Several sessions focused discussion on reimbursement reform, the need to rework Medicare Advantage (MA) quality ratings, and how payment systems can be improved to keep up with innovations. 🏥 "I try to be more prudent" in using diagnostic imaging to treat patients, because it's not covered like other medical options. "We're well aware patients must pay out of pocket...new tech is "not cheap..." 🏥 Panelists, including U.S. Rep. Ami Bera, MD considered how government incentives could support medtech innovation and advancement of digital health to expand access and advance health equity. Good insights from Paul Blanchfield, Lantheus, Susan Coller Monarez, Advanced Research Projects Agency for Health (ARPA-H), Dartmouth Health, and Alexander Ding, MD, MBA. #POLITICOHealth #digitalhealth #diagnostics #healthtech #medtech #healthcarepolicy #healthcareregulation #healthcareinnovation

7

2 Comments

Carilion Clinic, a not-for-profit healthcare organization based in Roanoke, Virginia, is dedicated to providing quality care through its comprehensive network of hospitals and physician practices. Serving nearly 1 million Virginians, Carilion Clinic continues to set the standard for integrated healthcare delivery.   Carilion Clinic identified the need to improve the quality and timeliness of patient transitions in acute care settings. The goal was to reduce avoidable delays, enhance throughput, and support efficient Patient Choice processes. By implementing real-time technology and data-driven solutions, the clinic aimed to minimize administrative burdens on Social Work and Case Management teams, allowing them to focus more on patient care.   Our latest case study delves into the innovative approaches and strategies employed by Carilion Clinic to overcome these challenges. It highlights the significant improvements in referral management, resource utilization, and overall patient care.   Explore the full case study to gain insights into: - The impact of enhanced patient transitions in acute care - Strategies for reducing administrative tasks through real-time technology - The role of data in optimizing healthcare processes Discover more 👉 https://lnkd.in/gG2ZtF2D   #HealthcareInnovation #PatientCare #HospitalManagement #HealthcareTechnology

19

Transaction planning is critically important. But even before that, how do you know if a transaction makes sense? My partner Andrew Bachrodt helps unpack what C-Suite leaders need to consider, and WHEN.

7