Providence Health Plan’s Post

Did you know that value-based mechanisms have proven to be able to reduce costs for employers by over $2,000 per employee per year? That is over $100B for employers across the country, simply "left on the table". Too many benefit advisors cite they "don't know a better way", but some do and they're exploiting the opportunity to take care of their employers while growing the client books. As anyone in the #employerbenefits knows, new relationships are being forged every day between employers and providers. These partnerships must be built on #valuebased principles, as we can not afford to continue to sponsor volume-based incentives. Employers must use their feet and move their business to models that reward quality, experience, and avoidable cost reduction. Check out the article or DM me - always happy to discuss how to operationalize value-based commercial strategies. Big shout out to Health Evolution for pulling this together and getting so many industry masterminds and trailblazers into one publication - humbled to be included!

#ICYMI: In our latest #ExecutiveInsights💡 episode, American Hospital Association's President & CEO Richard J. Pollack discusses how AHA's work closely intertwines with MHA’s and how he envisions the future of the U.S. healthcare system. Watch the full episode here ⤵️

This is TODAY! You are invited to join us (either at our office in West Asheville or remotely via zoom) on Wednesday, April 24 from 1:15 pm - 2:30 pm for a Western North Carolina healthcare forum focused on where our region will be in 2050. Future Forward WNC 2050 conversation will feature healthcare leaders from AdventHealth Hendersonville, Charles A George VA Medical Center, HCA/Mission Health, MAHEC and UNC Health Pardee. This conversation is part of a series to help guide us for where do we want our region to be in 2050? This conversation series started in August 2023. Past conversation series included Board of Commission Chairs, Mayors, Economic Developers, Transportation Leaders, and Local Government Planners. Future topics will include aging, higher education and more. Panelists will include the following Western North Carolina healthcare leaders: Dr. Bill Hathaway, CEO, MAHEC Brandon Nudd, CEO, AdventHealth Hendersonville Greg Lowe, President, HCA NC/Mission Health Dr. John Bryant, VP for Operations and Support, UNC Health Pardee Stephanie Young, Director, WNC VA Healthcare System and Charles A George VA Medical Center This conversation will be moderated by Julia Wacker with the NC Healthcare Association (NCHA). Julia is President of NC Healthcare Foundation, Senior Vice President of NC Healthcare Association and Executive Director of CaroNova. This is the first time in recent years that the leaders of these healthcare organizations have been present on the same forum to discuss the same topics. You don’t want to miss it! There will not be an opportunity for Q&A from the audience due to time limitations. Contact Nathan@landofsky.org for the meeting link.

If you reflect on your own experiences as a patient or caregiver, what worked well BECAUSE of how the healthcare system is designed vs. DESPITE how the healthcare system is designed? This was my opening question to the room of health system CEOs that I had the honor to present to at the Cedar CEO Summit in Hilton Head, South Carolina this week. In my talk, titled "Intention & Empathy: A Survivor’s Prescription for Healthcare," I shared five stories from my family's healthcare experiences with the hope of inspiring the audience to challenge the status quo and re-imagine a more patient-centric healthcare system. Some of my asks included: 1. Communicate with compassion: Words make a difference in the mindset and emotional health of patients and their families. 2. Implement policies with empathy: Patient care can be supported and strengthened with processes and protocols designed from the patient's perspective. 3. Empower families with the tools to be their own advocates: Patients carry the burden of their advocacy and enabling access to life-saving information, like actionable genomics, enables them to fight for the care they need. 4. Streamline financial processes: Improve transparency and efficiency to avoid patients and their families having to make a choice between the risk of taking on financial burden vs. the risk of delaying care. 5. Be the fresh pair of eyes: Avoid misdiagnoses and delayed access to care due to confirmation bias and other unconscious biases. What else would you add to this list? Thank you to Seth Cohen and the Cedar team, including Brandon Minow, Liz Austin, Nikki S., and Florian Otto, for inviting me to share my stories and insights at this important event alongside other speakers like Nobel Peace Prize recipient David M. Beasley, Two-time Pulitzer Prize-Winning journalist and author Nick Kristof, and Julie Yoo, Prabhjot Singh, MD PhD, Susan Coller Monarez, Bruce Meyer, David Lubarsky, Dr. Omar Lateef, Eric Larsen, William Kenley, Kevin Holloran, Kulleni Gebreyes, Bill Gassen, Dennis C., and Peter Orszag. #healthcare #patientadvocate #patientspeaker

Make sure to check out our News & Events page for all the recent Healthcare Science News! - Healthcare Scientist Wins National Rising Star Award - Department of Health and Social Care share independent review - All our Healthcare Science Week content And more! Head over to our page below 👇 https://buff.ly/3SKZshW #AHCS #HealthcareScience

Reflecting on the official Cone Health launch of our five-year strategic plan at our All Leader Huddle this week. It’s powerful to see our commitment to a vision rooted in value-based care for our consumers. This direction speaks to our dedication not just to provide healthcare services, but to transforming the very nature of how we deliver care, centering it around value, quality, and measurable outcomes. Our Cone Health Board & executive leadership team have put forward a clear, ambitious framework that challenges us all to think beyond traditional metrics and instead focus on what truly matters: enhancing the human experience and well being of those we serve by delivering meaningful, personalized, impactful care tailored to their needs. This vision requires innovation, resilience, and collaboration across every level of our organization. We are called not just to lead, but to lead with empathy, accountability, and a relentless commitment to improving lives. Together, in partnership with Risant Health and Kaiser Permanente we will bring this plan to life, embedding value-based care into our everyday actions and decisions. To our providers, leaders, team members and to each of you who will champion this vision alongside us—thank you for your commitment and passion. Let’s move forward with confidence, purpose, speed, and agility, knowing that the work we do today will set new standards in care and create a lasting impact for our consumers and the many communities we serve. Here’s to the next five years of purposeful, value-driven progress! Mary Jo Cagle Jaewon Ryu Greg Adams Mae Douglas Chuck Wallington, Ph.D. Christopher Cornue Andy Barrow Valerie Leschber, MD Angelo Sinopoli, MD Jami Goldberg Ellen Pancoast Joanna Meis Anne Macner Olu Jegede, MD, MHA, CPE, FACP, FAAPL, FACHE Afi Koffi, MPH Karen Moorefield Cassandra S. Galloway, PhD, RN, MSN/MBA/MHA Carolyn Harraway-Smith Elsie Graves John Supra Danielle Phelps Swartz Tori Whalen Heleana Henderson Kirk Anderson Joseph B Hill Amber Cole Leslie Welch, MBA, SHRM-CP, RACR Ruth Fisher Lecia Marsh, RACR, sHRBP Kathryn Ashby Andre Harvin Skip Hislop

🌟 Speakers on Healthcare: Scott Burrows & Simon Keith 🌟 - We're thrilled to highlight our top healthcare speakers, Scott Burrows and Simon Keith, who have immense respect for healthcare professionals. - 🏥 Scott Burrows shares his incredible journey of overcoming a devastating injury that left him paralyzed. Through his keynote, "Vision, Mindset, and Grit," Scott inspires healthcare professionals to embrace resilience, set proactive goals, and navigate challenges with courage. His story is a testament to the power of determination and the exceptional care he received from healthcare professionals. - ⚽🫀 Simon Keith, one of the longest-living heart transplant recipients and a former pro soccer player, offers profound insights in his keynote, "Moments of Truth." He speaks on his personal experience with organ transplantation and highlights the critical role of healthcare professionals in his recovery. Simon’s story is a strong example of resilience, leadership, and the impact of medical advancements. - If you’re looking to inspire and empower your healthcare team, Scott and Simon bring unparalleled experiences and motivational messages that can transform your organization. - 🔗 Click to learn more about these two speakers and more: https://lnkd.in/dmdeDT_n. - #Healthcare #Leadership #ScottBurrows #SimonKeith #PlatinumSpeakersAgency #MotivationalSpeaker #KeynoteSpeakers #Speaker #SpeakerManagement #KeynoteMasters #EmpowerTheMic #VoicesOfChange Simon Keith C.M. Scott Burrows

Healthcare leaders: mark your calendar now to hear from these voices on their post-election thoughts on potential shifts in the healthcare landscape.

I’ve always thought that the “great consolidation” amongst health systems will lead to large regional Kaiser-esque models, where the payors, clinicians, and facilities are integrated. What’s really interesting about Jaewon Ryu’s statement below is he says Geisinger is the “first inaugural member.” That makes me think Risant Health isn’t done, it wasn’t just a singular acquisition, but will be the first of many other “member” organizations that will lead to a huge conglomerate across the nation. What do you think? Am I reading into this too much? Or will Risant rival HCA + UHC in its ability to gain market share through vertical integration of clinical and health plan assets?