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Beyond Survival: Value-Based Strategies for Health Systems Amidst Massive Change

September 26, 2024

Health systems are under pressure to adapt to new challenges, from changing payment models to increased competition. This Hospitalogy webinar will equip you with the insights and tools you need to lead your organization through these transitions with confidence.

Key Takeaways:

  • Navigate vertical integration dynamics and the role of VBC in your strategy
  • Explore innovative approaches to diversifying revenue streams
  • Learn proven growth strategies that prioritize value over volume
  • Get insights into the healthcare trends shaping the future of your organization
  • Participate in an interactive Q&A session to address your unique challenges

 

Who Will Benefit From the Webinar:

This Hospitalogy webinar is essential for healthcare executives, strategy and operations leaders, and anyone tasked with steering their organization through the complexities of today’s healthcare environment.

 

The Panel of Experts:

Michael Englehart, Cardiovascular Service Line President at Mercy

​Michael Englehart is a distinguished CEO with extensive experience in transforming healthcare enterprises towards value-based payment models that prioritize patient outcomes. Currently serving as the President of the Cardiovascular Service Line at Mercy Health, the 9th largest health system in the United States, Michael has demonstrated exceptional leadership and strategic vision.

​A hallmark of Michael’s career was the successful financial turnaround of Presence Health, where, as CEO, he avoided potential bankruptcy and facilitated a merger with Ascension and AMITA, resulting in the creation of the second-largest healthcare system in Illinois, generating $4.7 billion in revenue. Recently, he played a pivotal role in leading the Trinity Health Medical Group, which includes over 6,000 clinicians across 19 markets, achieving a remarkable 25% improvement in access while maintaining top-decile patient experience ratings.

​Under his stewardship, the ambulatory division acquired Premier Urgent Care, forming the third-largest urgent care company in the country in collaboration with Trinity Health. Michael has a proven track record in implementing technology solutions and modernization initiatives that attract talent, enhance revenue, improve patient care, and ensure financial stability.

​During his tenure as President at Advocate Healthcare, he served as a Subject Matter Expert for M&A presentations before the FTC, exploring innovative value propositions for healthcare delivery. With a focus on productivity and financial turnarounds, Michael has achieved significant success with accountable care organizations (ACOs), regional hospital systems, and large physician practices. He is committed to professional development, holding an MBA along with Lean, Six Sigma, and Project Management.

 

Rick Goddard, Head of Commercialization & Strategy at Lumeris

Rick Goddard is the Vice President, Head of Commercialization and Strategy for Lumeris, an operating partnership company, that supports organizations where they are at in the journey to managing value-based care risk. Lumeris’ comprehensive value- based toolkit, experienced human capital, and technology services provide end-to-end support for our partners.

​As the Head of Commercialization and Strategy, Rick serves in a subject matter expert and utility role across many facets of the business. His current role includes leading partnership strategic alliances, business model expansion, and go-to-market commercialization.

​Prior to joining Lumeris, Rick served as an executive leader at Advocate Physician Partners. He led the Clinical Innovation Department with responsibility for population health analytics, ACO program administration (largest ACO in the U.S.), value-based payment and innovation strategy deployment. In addition, Rick has several years of consulting leadership experience from his time at GE Healthcare Camden Group. He has also worked in a variety of healthcare provider settings − from physician groups to some of the largest health systems in the Country.

​Rick serves as a national thought leader in value-based healthcare strategy and frequently presents to higher education and association organizations.

 

Blake Madden, Founder & Creator of Hospitalogy

Blake Madden is the Founder and Creator of Hospitalogy, a newsletter affiliated with Workweek Media that provides the latest insights on healthcare finance, strategy, M&A, and digital health. Blake brings relevant thought leadership and in-depth analysis to more than 24,000 healthcare decision makers since launching Hospitalogy in April 2022. Prior to joining Workweek, Blake worked at the healthcare consulting firm VMG Health, where he provided valuation and advisory services for clients across all healthcare services verticals including nonprofit health systems, ambulatory surgery centers, urgent care, imaging centers, physician practices, and more.

Lumeris and Hospitalogy Partnership

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Find out why health systems and physician groups across the country partner with Lumeris.​