Andre Blom, Chief Executive Officer at Illinois Bone & Joint Institute talks about how industry trends will change in the coming years, advice for administrators to build a great culture, and a lot more.
Summary
Andre Blom, CEO of Illinois Bone & Joint Institute Shares Insight on Industry Trends
As the Chief Executive Officer at Illinois Bone & Joint Institute, Andre Blom has his finger on the pulse of industry trends and the future of healthcare. Here is a summary of his insights:
Location of Services
One trend that Blom is paying close attention to is the location of services. With the rise of telemedicine and the shift toward more outpatient services, patients are beginning to expect more convenient and accessible care. Blom notes that providers will need to adapt to this changing landscape in order to remain competitive and meet the needs of their patients.
Value-Based Care
Blom also sees value-based care as a critical trend in healthcare. He notes that payers are increasingly looking for providers who can deliver high-quality care at a lower cost. Providers who can demonstrate their ability to deliver value-based care will be well-positioned for success in the future.
Inflationary Pressure in the Industry
Inflationary pressure is another trend that Blom is closely monitoring. As the cost of healthcare continues to rise, he believes that private practice independent organizations need to coalesce and work together or payers need to incentivize them in order for them to succeed.
Creating a Great Culture
Finally, Blom provides advice for administrators on how to build a great culture and sustain success. He emphasizes the importance of creating a shared vision, establishing clear values, and regularly communicating with employees to ensure that everyone is aligned and working toward a common goal.
As healthcare continues to evolve, staying on top of industry trends and adapting to change will be critical for providers who want to remain competitive and offer the best possible care to their patients.
Note: This is an AI generated transcript, not edited by a staff writer and is solely intended for educational purposes. If you have any questions/concerns, reach out to podcasts@beckershealthcare.com
This episode aired on 09/10/2022 and can be listened here.
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