Becker’s Healthcare Podcast

Ivan Samstein, CFO of UChicago Medicine

Aug 6, 2025
Ivan Samstein, CFO of UChicago Medicine, discusses his extensive background in finance and healthcare. He addresses the challenges of navigating payer dynamics and Medicaid pressures while strategizing for a new Comprehensive Cancer Center. The conversation highlights the integration of big data and AI in cancer treatment and the importance of proactive financial planning in unpredictable times. Samstein also shares insights on innovative partnerships that broaden access to medical care and the institution's commitment to advancing oncology services.
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INSIGHT

Healthcare Policy & Payer Impact

  • Healthcare is heavily influenced by federal and state government policies, especially Medicaid changes.
  • Payer behaviors, such as increasing claim denials driven by AI, are significantly impacting health system finances.
ADVICE

Dynamic Forecasting for Uncertainty

  • Use dynamic forecasting to manage financial uncertainty amid healthcare policy and payer challenges.
  • Prepare versatile scenarios for best, worst, and likely outcomes to respond swiftly to changes.
ANECDOTE

Expanding Access & Cancer Innovation

  • UChicago Medicine is expanding access in Western suburbs and Northwest Indiana via partnerships and clinical trial offerings.
  • The upcoming comprehensive cancer center will integrate novel therapies and leverage AI and big data for revolutionary metastatic cancer treatments.
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