In the run up to the 2020 elections, health care leaders across the country find themselves grappling with myriad forces — including surging public and political support for Medicare for All, growing receptivity to governmental spending controls, and increasing competition in the physician market — that threaten to upend traditional industry dynamics.
The Health Care Advisory Board’s annual “State of the Union” will provide an objective analysis of the biggest trends and market forces impacting hospital and health system strategy. This year’s presentation will explore the implications of potentially major market shifts as policymakers and private-sector players demonstrate increasing receptivity to disruptive solutions aimed at tackling the industry’s affordability crisis — including growing support for government intervention. It will begin by examining how the rise in public discontentment with health care’s unsustainable cost trajectory is catalyzing calls for top down reforms aimed at controlling spending. The presentation will then outline the strategies that purchasers — state governments, employers and health plans — are deploying to refine market-based reforms, including increasing calls for transparency to facilitate consumer shopping. On the delivery system side, it will cover ways in which public and private players are leaning on physicians to rein in spending, facilitating new opportunities for physician independence as well-capitalized third parties target physician discontentment with health system employment and offer a new path to autonomy. Finally, the presentation will explore the potential role that technological innovation may play in meeting the industry’s affordability mandate.
The presentation will conclude by sharing the Health Care Advisory Board’s latest guidance on how hospital and health system leaders should proceed, pinpointing no-regrets priorities that position providers for long-term success amid a radically restructuring market.
Presenter: Emily Connelly
Emily Connelly is a senior consultant with the Health Care Advisory Board research team. Her primary focus is on sustainable strategies for margin management and cost control. Emily previously led research with the Medical Group Strategy Council, where she examined ambulatory practice efficiency, including the impact of electronic health records on clinician workflows. Prior to joining the Advisory Board, Emily worked as a researcher at a non-profit organization specializing in federal management. Emily graduated from the University of North Carolina at Wilmington with degrees in political science and philosophy. She also holds a Master of Public Administration from George Mason University.