Health Care Industry Leaders Join for Change
Approximately 60 health care industry leaders attended the Texas Medical Center’s first annual Value-Based Health Care Delivery Executive Summit on Monday and Tuesday at the Federal Reserve Bank of Dallas, Houston Branch.
“[The goal] is to have a real dialogue. I think a lot of the networking and discussions we’re having around the lunch table […] is going to be really instructive,” said Robert C. Robbins, M.D., the Texas Medical Center president and chief executive officer.
The summit gathered top executives from the nation’s largest health care systems, insurance providers and global employers to discuss and collaborate on advancing the value agenda and patient-centric care. Michael E. Porter, Ph.D., renowned Harvard Business School professor and founder of the modern strategy field, kicked off the two-day event by introducing key concepts for value-based health care delivery and outlining solutions for challenges industry leaders face.
“I would challenge us all to not be afraid to experiment, get out there, push the envelope a little. You’re going to have some failure, but that’s the only way you’re going to have success too.”
In addition, the event invited attendees to listen and join the conversation with panelists in four sessions on delivery models, outcomes, reimbursement and implementation — all with the goal of encouraging an open and collaborative discussion with subject matter experts and industry executives on how to improve the value of the health care landscape for patients.
“I think providers should say, ‘That’s the best thing for our patients and, therefore, that’s the best thing for us,’” said Thomas H. Lee, a panelist and Press Ganey chief medical officer. “We should imagine that marketplace. We should try to create it. I think that’s why we’re here.”
Lee wasn’t the only one who voiced the need for change in health care systems. Fellow panelist Dan Wolterman, president and chief executive officer of Memorial Hermann Health System, said change is needed to shift the focus of any type of model to the patient.
“Any success we have is going to put the patient at the center, whether it’s in the care delivery model or payment model. That’s a very big change,” Wolterman said. “I would say don’t be afraid to challenge status quo and change how we’re structured and organized.
“We have to figure out a way to come at this better to deliver better value. In health care, we’re so used to doing it one way that the path of least resistance is keep your head down and keep going. I would challenge us all to not be afraid to experiment, get out there, push the envelope a little. You’re going to have some failure, but that’s the only way you’re going to have success, too,” Wolterman added.
The collaborative discussions encouraged a more positive outlook for several attendees, including Brian Dolan, Rally Health chief strategy and partner integration officer.
“I sit here now, five years into my journey with Rally, focused on consumer strategies, and I’ve actually never been more optimistic about actually finally making a difference in terms of getting more people involved with their care,” said Dolan, who has spent his entire 30-year career working in the health care industry developing evidence-based programs in gaps in care and disease management, as well as managing the financial side between payers and providers. He added that the current health care system is too episodic and needs to be geared towards behavioral-based approach to drive sustainable behavior.
The summit is expected to have more industry leaders attend next year’s event in which they’ll continue the discussion on value-based health care delivery.