The healthcare industry is expected to undergo significant changes in 2024. Healthcare executives will need to make decisions and resource allocations concerning digital transformation, generative artificial intelligence, ESG, and margin pressures. Healthcare executives will face the challenge of adopting new technologies and business models while under sustained financial pressure. In terms of healthcare costs, estimates suggest that healthcare costs will rise by 7% in 2024, which is higher than the previous two years. This increase is attributed to continued labor shortages, drug price increases,
and new contracts between payers and providers. It is also worth noting that the cost of job-based health care coverage for 2024 is expected to rise at its fastest pace in years as inflation pervades insurance policies. Overall, the healthcare industry is expected to undergo significant changes in 2024, and healthcare executives will need to adapt to the new environment to ensure their organizations’ success.
The Future of Healthcare
Healthcare Think Tank
October 24, 2024 - Dallas, TX
Visionaries
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John Tryon
Deputy CISO
Health Care Service Corporation
Think Tank Speaker
Joined Health Care Service Corporation, the nation’s largest customer owned health insurer offering Blue Cross Blue Shield plans in Illinois, Montana, Oklahoma, New Mexico and Texas, in September of 2017 as DVP Information Security Architecture and Design. In this role, John was responsible for driving the future state Cyber Security Architecture with a focus on securely enabling HCSC’s use of the public cloud for sensitive workloads, overall modernization of HCSC’s Member facing and Enterprise Identity & Access Management products and enhancements to Cyber Defense capabilities. Promoted to Deputy CISO / Head of Information Security for Health Care Service Corporation (HCSC) in Fall of 2021. John is responsible for delivering a fiscally responsible and pragmatic Information Security program that securely enables the HCSC enterprise, systems development entities, and strategic initiatives. He is an Information Services Security thought leader with over twenty-five years combined experience with Fortune 500 firms in life sciences, healthcare and consumer products industries. Actively participates on Executive Customer Advisory Boards and Healthcare Industry Executive Leadership forums. John has a bachelor’s degree in computer science from Temple University and holds CISSP certification.
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Linda Kulhanek
CFO South Region
CommonSpirit Health
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Steve Takacs
Executive Administrator
All About Homecare
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Deepak Chebbi
Director Business Applications IT
Healthcare Services Corporation
Think Tank Speaker
As Director Business Applications IT (Fortune 10 drug wholesale company with annual revenues of $18) he has established the business technology strategy and provided architectural oversight and solution delivery for approximately $200+ million multi-phase transformation projects with a resulting IRR of approximately 50+% across Supply Chain Management, Finance and Accounting, Customer Management, Human Resources, Marketing, and Business Intelligence and Data Analytics Business Capabilities.
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Denise Helms
CEO
Overture Homecare
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Ana Pico
Chief Strategy Officer & Managing Partner
HMG Healthcare
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James Arnold
VP Data Governance-Privacy & Security
CVS Health
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James Carpenter
CTO & ISO
Texas Scottish Rite Hospital for Children
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Ginny Torno
Executive Director Innovation & IT
Houston Methodist
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Scott Ulrich
CFO
Houston Methodist
October 24, 2024
Attend this event
Agenda
All times Central Time
9:00 AM-9:45 AM
Registration
9:45 AM-10:30 AM
Morning Networking
10:30 AM-10:40 AM
Opening Remarks
10:40 AM-11:25 AM
Vision Keynote Panel
Managing The Margin
11:30 AM-11:55 AM
Keynote
Healthcare AI: What’s AI Doing for You?
The terms "Artificial Intelligence" and "Advanced Machine Learning" are often thought of interchangeably. While there is a relationship between AI and AML, to say they are the same thing is an oversimplification and misclassification. Rather, one begets the other with AI being the basic principle upon which AML is developed.
As AI begins to mature and migrate away from purely advanced mathematical operations into decision making paradigms, AML steps forward as the predictive ability of machines to process vast quantities of data. As data and analytics becomes foundational to the way every business operates, AI and AML will become foundational capabilities.
12:00 PM-12:15 PM
Vision Voices
Wellness. What Is Possible.
Healthcare employee wellness programs emphasize the special factors that accompany working in a healthcare enterprise, such as long shifts, frequent night shifts, exposure to infectious diseases and hazardous materials, isolation and burnout from working in a high-stakes environment, stress due to the higher responsibility of life or death situations, and trauma and psychological strain from seeing daily suffering. Healthcare employee retention and well-being are arguably more important than that of other professions, given the implications of the job. Health and wellness programs are essential for our most essential workers.
12:15 PM-1:15 PM
Lunch & Disruptor Showcase
12:55 PM-1:10 PM
Lunch & Disruptor Showcase
Value Based Care – What’s the Strategy
Value-based payment and delivery transformation is not the future, it is the present. Successful health systems, hospitals, medical groups and other providers are those that seek to engage with members to improve their health and total cost of care, rather than simply providing episodic services when a patient is sick. Cost reduction is no longer primarily about per-visit cost, but rather total cost of care per member per month (PMPM). In addition to looking at cost from the payer perspective, cost reduction must also be viewed in terms of the member’s out-of-pocket expenses. Put another way, providers must aim to reduce the totality of medical costs for each member they manage, rather than focusing only on the costs for a member when they show up at a clinic or hospital
1:15 PM-2:00 PM
Panel
Impacts of AI On Patient Care
AI is being applied within the healthcare field, especially for the tasks of diagnosis and treatment recommendations, patient engagement and adherence, and administrative activities of the healthcare workforce. Seemingly, the best thing about applying AI in healthcare is that it can be used to improve various spheres: from gathering and processing valuable patient data to being used for programming surgeon robots. Let’s take a closer look at how AI is impacting healthcare diagnosis including detecting and classifying disease; improving decision making process and driving treatment solutions.
2:05 PM-2:40 PM
Fireside Chat
Workforce Stabilization
Workforce stabilization has to be a top priority for healthcare executives. Successful workforce stabilization initiatives will be necessary to develop a consistent, reliable, well-balanced healthcare workforce. Achieving workforce stabilization requires: getting to the root of staff turnover; addressing the reality of clinician burnout; understanding clinician wellness; and addressing a pipeline that is not producing the necessary talent.
2:40 PM-3:00 PM
Networking Break
3:00 PM-3:15 PM
Disruptor
2024 Technology: Improving Optimization and Productivity
Optimization and productivity are crucial in healthcare to ensure that patients receive the best care possible. To cope with these unprecedented challenges, health systems must learn to do more with less, and consolidation and efficiency are the name of the game. Consolidating and integrating business critical software and systems; and aligning the right resources with need based on skills and availability must considered
3:20 PM-3:35 PM
Vision Voices
Clinic Innovation & Healthcare Equity
Health equity is when everyone has the opportunity to be as healthy as possible. Innovation can be defined as invention + adoption + diffusion. Successful innovations often possess two key qualities: they are both usable and desirable. We will consider working examples of how clinic innovation is favorably impacting health equity, the associated challenges, risks, and how to evaluate success.
3:40 PM-4:25 PM
Panel
Improving Healthcare Outcomes- Diagnosis, Data, Patient Centric Care
Accuracy of diagnosis, data quality and patient centric care are the buzzwords around improving healthcare outcomes. Leveraging artificial intelligence with medical procedures to diagnose disease early, when there is the highest potential for impact. Data quality lives by accuracy, consistency, and relevancy. How can we improve data quality by reducing redundancy and decreasing medical errors? Patient centric care thrives if the partnership among practitioners, patients, and their families align with patients' wants, needs, and preferences. In this session, we will discuss what’s working and what’s not working, as we look to improve diagnosis, data quality and patient centric care.