As healthcare continues to be one of the most pressing and complex issues facing our society, it is essential that leaders in the field come together to share their insights and experiences.
Becker's Healthcare is committed to facilitating these conversations. Over 4 days of sessions, you will hear 420+ elite hospital and health system executives discuss topics such as consumerism, the nursing workforce, value-based care, telehealth, physician burnout, payers, health equity and pharmacy costs.
In this article, we will recap some of the key highlights from Day 1 of Becker's 13th Annual Meeting, including insights from the most influential leaders in healthcare. [updated 5:46 pm]
Here are the highlights from Day 1:
8:00 am, Keynote: The Growth Strategies and Culture of Top-Performing Health Systems:
Michael A. Slubowski, FACHE, FACMPE, President and Chief Executive Officer, Trinity Health, talked about recent acquisitions and focus on growing PACE Business, Home Care Business, Medical Groups, and Specialty Pharmacies.
John Couris, President and Chief Executive Officer, Tampa General Hospital discussed importance of Innovation and fewer partnerships but deeper relationships for driving quality and costs.
Michael Ugwueke, President and Chief Executive Officer, Methodist Le Bonheur Healthcare focused on improving access to care and reducing wait times.
Leong Koh, MD, President and Chief Executive Officer, Northwest Permanente focused on Primary Care Strategy to address shortage of primary care doctors in the nation.
Liz Popwell, Chief Strategy and Transformation Officer, Stony Brook Medicine focused on Hospital Decanting, Partnerships, and choosing convenient and accessible locations for patients.
8:45 am, Change Management in the Era of Disruption: Strategies for Executives
Brian Erling, MD, President and Chief Executive Officer, Renown Health suggested approaches include taking a wait and see approach, learning from disruptors, understanding core business services, and using technology to make care easier for patients.
Dennis R. Delisle, ScD, FACHE, Executive Director, University Hospital & Richard M. Ross Heart Hospital, The Ohio State University Wexner Medical Center example of successful change management effort: localization of provider teams and services resulting in reduction in length of stay.
Rick Shumway, MHA, President and Chief Executive Officer, Stanford Health Care Tri acknowledged that healthcare must be disrupted to keep up with the times, but also acknowledged that healthcare is difficult to disrupt due to its entrenched nature.
Dane Peterson, President, Interim Chief Executive Officer and Chief Operating Officer, Emory Healthcare discussed how market disruptors such as Amazon and CVS influence or change management strategy and common pitfalls to avoid with change management and past initiatives that have failed in the industry.
10:45 am, Keynote: Capital Spend and Technology Budgets: The Next 2 Years
Wasif Rasheed, Executive Vice President and Chief Revenue and Growth Officer, Providence emphasized why it's important to consider ROI and integrate information from these technologies and the need redundancies in infrastructure and evaluation of implementation.
Shireen Ahmad, System Director of Finance, GPO and Affiliate Business, CommonSpirit Health discussed challenges of capital spending and technology investments in healthcare industry.
11:30 am, Health System Strategic Growth: Wins and Fails
Hillary Miller, Vice President and Chief Learning Officer, Penn State Health pointed out the intentional focus on patient outcomes, partnerships, financial stability, infrastructure, talent, digital tech, and strong culture
Stonish Pierce, FACHE, President and Chief Executive Officer, Trinity Health Georgia suggested health systems have become too spread out, leading to confusion for consumers\n- Need to be more responsive to consumer needs to compete with newcomers like CVSs, Walgreens, and Amazon Care
Susan Burroughs, MHA, FACHE, Chief Executive Officer, MUSC Health Columbia Medical Center Northeast highlighted how merger and acquisition still opportunity for growth, but FTC is challenging hospital deals
Sheldon Pink, MBA, FHFMA, LSSBB, Vice President, Revenue Cycle, Luminis Health said that leaders should temper expectations and review data intelligence for smart growth initiatives
1:30 pm, The Workforce of the Future: What Hospitals Need to Stay Competitive
Greg Till, Executive Vice President and Chief People Officer, Providence emphasized the need to change models of care, digitize work processes, and deploy people differently to address the growing workforce gap.
Trevor G. Wright, MHA, Chief Executive Officer, Loma Linda University Health Hospitals pointed out how everyone is competing for workers, including non-traditional healthcare competitors like Amazon.\n\n- Greg: Two big workforce risks are demographics and choice
Geoffrey M. Roche, MPA, Senior Vice President, National Health Care Practice and Workforce Partnerships, Core Education suggested focusing on earlier pathways into the industry, culture, technology, and career mobility.
Erildo Zyka, Director, Strategy and Business Development, University of Iowa Health Care mentioned that healthcare boards need to understand the importance of patient safety and quality, as well as diversify and prioritize resources correctly.
Theo Koury, MD, President, Vituity highlighted how healthcare can be its own worst enemy and hero, and the need for building a clinical workforce for the future.
2:15 pm, Keynote: Healthcare in 2030: The Defining Issues and Which Organizations Will Thrive
Omar Lateef, DO, President and Chief Executive Officer, RUSH University System for Health; RUSH University Medical Center said how staffing shortage was predictable and the solution is to get more people into training and create a culture in healthcare that makes people want to work there.
Kelly Elkins, Chief Operating Officer, MaineHealth called for the need for the re-engineer care for patients.
Janet Liang, Executive Vice President, Group President and Chief Operating Officer, Care Delivery, Kaiser Permanente highlighted the role of health plans in incentivizing and motivating providers.
K. Craig Kent, MD, Chief Executive Officer, UVA Health; Executive Vice President, Health Affairs, University of Virginia mentioned how health systems can learn from Amazon and Walmart on efficiency and reducing administrative friction.
Imamu Tomlinson, MD, MBA, Chief Executive Officer, Vituity pointed out the need to prepare the next generation of leaders.
3:25 pm, Keynote Discussion
Kevin B. Churchwell, MD, President and Chief Executive Officer, Boston Children’s Hospital,
Keith B. Churchwell, MD, President, Yale New Haven Hospital; Executive Vice President, Yale New Haven Health System and
André L. Churchwell, MD, Vice Chancellor, Equity Diversity & Inclusion and Chief Diversity Officer, Vanderbilt University & Vanderbilt University Medical Center; Senior Associate Dean, Diversity Affairs, Professor of Medicine, Vanderbilt University School of Medicine - spoke about their parents, Mary and Robert Churchwell, and how they influenced their leadership. They discuss how healthcare systems need to invest in resources that focus on the long-term health of their patients, and how the current pandemic has magnified health inequities. They also emphasize the importance of recognizing failure and learning from it, as well as understanding that addressing health disparities is an ongoing process
4:00 pm, Keynote Remarks by Earvin "Magic" Johnson
The day ended with Earvin "Magic" Johnson, Role Model, Sport Legend and Successful Entrepreneur discussing connecting sports to Healthcare and Business Ventures for the greater good and his efforts with his foundation to create an impact in the country.