Becker’s Healthcare Podcast Driving Growth and Sustainability at Henry Ford Health
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Aug 4, 2025 Robin Damschroder, the EVP and CFO of Henry Ford Health, dives into the organization's impressive financial growth and its transformative joint venture with Ascension Michigan. She discusses the integration of digital capabilities and value-based care as keys to enhancing patient access and service delivery. Damschroder also addresses the challenges of Medicaid cuts, stressing the importance of sustainability in healthcare. Finally, she shares valuable insights on resilient leadership and the adaptability needed to thrive in challenging times.
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Operating Income Surge Drivers
- Henry Ford Health's operating income surged from $80.5M in 2023 to $294.2M in 2024 due to multiple strategic drivers.
- Key factors include joint venture gains, contract rate wins, insurance member growth, and Medicaid rate increases.
Joint Venture Integration Story
- The joint venture with Ascension Michigan involved integrating 5 legacy EMRs onto Henry Ford's platform.
- They are progressing with ambulatory and hospital system integrations by mid-2026, focusing on cultural alignment and operational efficiencies.
Sustainability Strategy Advice
- To sustain growth, prioritize continued integration, accelerate digital transformation, and expand value-based care.
- Deliver high-value care by ensuring the right care occurs at the right place to improve affordability and patient access.