Verity Healthcare

Intermountain’s ‘no regrets’ technique to rise above uncertainties


Well being system C-suites have began to plan forward, trying on the 5 and 10 12 months horizons for strategic planning whereas staying nimble amid abrupt coverage and expertise modifications. It may be a tough, however important, steadiness to strike.

Greg Poulson, senior vice chairman and chief coverage officer for Intermountain Well being in Salt Lake Metropolis, feels the pinch. Mr. Poulson has spent the final a number of years targeted on producing worth for sufferers and established Intermountain’s well being plan. He now leads Intermountain’s coverage efforts and is a member of MedPAC, the committee advising Congress on Medicare pay updates.

He has been following federal coverage updates intently as President Donald Trump took workplace. His administration is eyeing federal funding cuts and Republican lawmakers pitched a plan that will alter Medicaid reimbursement. Beneath the plan, hospitals would see pay cuts.

“We’re definitely seeing dramatic modifications, or potential for dramatic modifications, in federal coverage and I feel they’re evolving in methods that aren’t but clear to me, so we should be gentle on our ft and capable of be aware of altering dynamics on the regulatory stage, and on the fee stage, significantly within the Medicare world,” mentioned Mr. Poulson throughout an interview for an upcoming episode of the “Becker’s Healthcare Podcast “”And really possible within the Medicaid world, being prepared to regulate the best way we predict in order that we are able to work successfully and meet the wants of the beneficiaries that rely on us goes to be an enormous problem over the following 18 months or so.”

He additionally sees rationalizing the increasing pharmaceutical expense as an enormous problem on the nationwide stage. Intermountain is among the founding members of Civica Rx, an organization targeted on creating generic medicine and therapies at a decrease pricepoint, which helps management prices. There are a lot of new medicine and modern therapies with nice potential to assist sick sufferers, however costs are nonetheless excessive.

“We have to additionally discover methods to make that value efficient and price helpful,” mentioned Mr. Poulsen. “It is my immediate hope that we are able to discover methods to carry Moore’s legislation, or some analog of that, to bear in healthcare in order that we are able to take very invasive and costly procedures that we offer right this moment and exchange them with one thing that’s a lot much less invasive, a lot much less dangerous, and hopefully additionally at a decrease value that can permit individuals to reside efficient, wholesome lives with much less of what we consider as medical intervention.”

JP Valin, MD, chief medical officer at Intermountain, is watching legislative shifts on the state and federal stage as nicely. Intermountain operates amenities in six states with distinct legislators and priorities. Dr. Valin mentioned the well being system is prepared to reply to modifications that would impression operations and can proceed to assist its mission of offering elite affected person care. But it surely’s not all the time straightforward to plan for the longer term with a lot uncertainty within the current.

“It is quite a bit like driving the automobile down the highway,” mentioned Dr. Valin throughout an interview with the “Becekr’s Healthcare Podcast.” “It’s important to look ahead to what’s proper out in entrance of you, however you even have to have a look to see what’s additional down the highway. And it’s important to consistently be altering and adjusting your imaginative and prescient so that you are looking at what’s in entrance of you and what’s forward.”

Dr. Valin challenges his crew to not be distracted by what’s taking place peripherally on the legislative entrance to give attention to their core work. In addition they are doubling down on key priorities for a “no regrets” technique.

“The main target is on if we are able to simplify healthcare for sufferers or our caregivers, that is going to achieve success no matter what occurs in any of the environments we’re in,” mentioned Dr. Valin. “We do have to simplify healthcare and the way it will get related, targeted on issues like entry. We all know entry is a power problem and the way can we proceed to do issues to advertise entry to top quality, reasonably priced healthcare for our sufferers and communities? That is a no-regret technique that works throughout the board.”

Even within the period of uncertainty and alter, Dr. Valin mentioned his crew has an thought of what is coming down the highway and might put together. However that does not imply they’re straying from their final vacation spot.

“Our vacation spot, which is the transformation of healthcare and our system to grow to be way more accessible and easy for sufferers and caregivers, helps us give attention to going upstream to maintain individuals nicely,” he mentioned. “These are the no-regrets methods that I feel we are able to proceed to give attention to, and it ought to solely take minor changes to reply to what’s taking place round us as a result of we have the proper core technique that aligns with our mission.”

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