Radio Advisory

Advisory Board
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Jun 13, 2023 • 20min

166: Employer series: The role of employers in value-based care

Last week we discussed the current state of employer-sponsored insurance and the affordability challenges that the employers are facing. This week, we'll be taking a look at one possible solution for employers: value-based care. In this episode, host Rachel (Rae) Woods invites Advisory Board value-based care experts Daniel Kuzmanovich and Sophia Hurr to discuss the opportunity that value-based care presents for employers to reduce the costs of care while increasing the quality of care their employees receive. Throughout the conversation, they explore what kinds of employers are best positioned to pursue value-based care, and the different paths to get there. Links: Ep. 165: Employer series: Is the cost of employer-sponsored insurance unsustainable? 3 employer archetypes in value-based care Introduction to the series: Envisioning paths to nationwide VBC Our Value-Based Care playlist [June 26-27, 2023] Advisory Board Summit: Shaping the New Era of Value-Based Care Learn more about Advisory Board Events at advisory.com/resources/events
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Jun 6, 2023 • 21min

165: Employer series: Is the cost of employer-sponsored insurance unsustainable?

While always facing a dynamic landscape, one of the biggest issues today in the employer-sponsored insurance market is affordability. As healthcare costs continue to rise, employers are getting increasingly nervous about their ability to pay for employees’ health insurance, especially in a time of heightened worker shortages. In this episode, guest host and Advisory Board Vice President and spokesperson Aaron Mauck discusses employer market affordability with Advisory Board health plan experts Sally Kim and Max Hakanson. Throughout the conversation, they explore the context of the problem, root causes, and what the future may look like for employer-sponsored insurance. Links: 4 big ways employers are changing health benefits in 2023 The cost of employer-sponsored insurance is about to spike—again Mark Cuban is taking on the self-insured employer drug market Ready-to-use market outlook slides for health plans Learn more about Advisory Board On-Demand Courses
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May 30, 2023 • 38min

Encore: Revisiting our conversation on building ethical AI systems

Episode 138 was originally released on October 25, 2022. This week, we're bringing you an encore of our episode with Tom Lawry, the former national director for AI at Microsoft about building ethical AI systems. Not only did this episode recently receive accolades from this year's Communicator Awards – including best healthcare and pharma episode and best business episode – but this conversation is just as, if not more relevant as it was when we recorded it in the Fall of 2022. While we have a lot to learn about these new technologies, it is clear that AI is top of mind for digital health leaders in 2023. However, revelations about equity issues and bias in artificial intelligence are increasingly giving cause for concern. In this encore of Episode 138, Rachel (Rae) Woods invites Microsoft's former Director for Artificial Intelligence Tom Lawry to discuss how bias creeps into AI and how leaders can respond to make intelligent systems more equitable. Tom Lawry is the author of Hacking Healthcare, which details lessons learned from AI's role during global pandemic and how to apply this knowledge to healthcare’s other big challenges – including inequity. Links: [Tom's book] Hacking Healthcare: How AI and the Intelligence Revolution Will Reboot an Ailing System AI in healthcare What does the future of AI in cancer care look like? Here are 3 global start-ups that we're watching to decide. Prep for a new era of AI and analytics: 5 insights from Advisory Board's 2022 AI and analytics survey Ep. 103: What an equitable organization looks like and how yours can get there Our Technology playlist Our Health Equity and Racism playlist Learn more about Advisory Board Events at advisory.com/resources/events
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4 snips
May 23, 2023 • 21min

164: Boston Medical Center's path to sustainability (and how they're funding it)

Hospitals and health systems across the globe are looking towards environmental sustainability. However, in a tumultuous economic environment, it can be challenging to balance sustainability efforts with bottom-line necessities while operating under tight margins. In this episode, guest host and Advisory Board's environmental sustainability expert Miles Cottier invites Bob Biggio, Senior Vice President of Facilities & Support Services at Boston Medical Center, to discuss long-term green financing strategies. Throughout the discussion, they explore Boston Medical Center's medical campus redesign, issuing of "Green Bonds," and their efforts balance sustainability with efficiency and cost-savings. Links: The 5 things we're watching in international healthcare in 2023 How can you make progress on environmental sustainability? By defining the problem and asking the right questions. Ep. 119: How health leaders can address climate change Here's how hospitals can chart a path to a sustainable financial future Three ways your climate change inaction will hurt your bottom line What health system strategists will prioritize in 2023 and beyond Learn more about Advisory Board Events at advisory.com/resources/events
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10 snips
May 16, 2023 • 27min

163: How consolidation and corporate ownership are reshaping the healthcare industry

Vertical integration and consolidation are significantly altering the healthcare landscape. From health plans to retailers to incumbent health systems, consolidation is reshaping conventional norms in the industry. In this episode, host Rachel (Rae) Woods speaks with Advisory Board experts Paul Trigonoplos and Eliza Dailey about the reasons for and reactions to the recent explosion in consolidation across the industry. Throughout the discussion, they explore how different stakeholders are responding, and where the future is heading for diversification and integration. Links: What does hospital consolidation mean for US health care? Ep. 139: The rise of the payvider Ep. 33: Are mega systems the future? Ep. 32: Are independent physicians going extinct? Not so fast. How the emergence of 'superpractices' impacts you Why Humana is consolidating 4 primary care practices into one new brand Learn more about the Advisory Board Fellowship (advisory.com/fellowship)
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May 9, 2023 • 40min

162: Addressing the workforce crisis: Insights from University Hospitals' leaders

Recent research shows that the workforce shortage – particularly among registered nurses – is the top issue for healthcare CEOs. While a nursing shortage is challenging for nursing departments, there are a host of systemwide problems that will impact quality and safety of care alongside an organization's ability to grow. In this episode, host Rachel (Rae) Woods speaks with Advisory Board's Chief Nursing Officer, Carol Boston, and two leaders from University Hospitals – Chief Quality & Clinical Transformation Officer, Peter Pronovost, and Chief Nursing Executive, Michelle Hereford – about recent data and their experiences navigating the complexity of the workforce shortage. They explore how the shortage is impacting health organizations at large, why organizations can't seem to find a solution, and how addressing tactical issues alone will not solve the crisis. Links: Is the nurse shortage putting patients at risk? Hospital CEOs' top concern? Staffing. Hard truths on the current and future state of the nursing workforce Ep. 135: Henry Ford Health on nursing shortages and the real supply chain issue Our Clinical Workforce playlist
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May 2, 2023 • 30min

161: Unwavering purpose, the creation of Ballad Health

In 2018, Wellmont Health System and Mountain States Health Alliance, who both served regions of Northeast Tennessee and Southwest Virginia, merged to create one organization – Ballad Health. The merger was seen by leadership as essential but led to a host of difficult decisions and even public backlash. So, how did leaders work to navigate such a complex environment? In part two of Radio Advisory's Leadership series, host Rachel Woods invites Lisa Carter, the CEO of Ballad Health's Southern Market, to discuss her experience navigating complex challenges and a contentious response to the merger of two legacy health systems in Northern Tennessee. Links: Ep. 160: What navigating complexity can tell us about leadership Introduction to adaptive leadership How to turn uncertainty to your advantage The Executive’s Role in Fostering Resilient, Adaptive Leaders Ep. 17: Leadership series #1: Leading in uncertain times Ep. 80: Whitman-Walker's commitment to vulnerable communities is more than just a mission statement Learn more about Advisory Board Sponsorship opportunities at advisory.com/sponsorship
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Apr 25, 2023 • 39min

160: What navigating complexity can tell us about leadership

The past few years have been filled with complexity. Through the COVID-19 pandemic, financial pressures, workforce challenges and more, it has become increasingly difficulty to make sense of such an uncertain environment. One thing is for sure: this complexity isn't going away, so how can leaders work to navigate this ambiguity? In part one of Radio Advisory's leadership series, host Rachel Woods invites Advisory Board's expert on executive development, Matt Cornner to discuss leading in times of complexity. We'll also hear from Advisory Board's CEO, Adele Scielzo and two UnitedHealth Group leaders – chief medical officer Dr. Margaret-Mary Wilson, and chief sustainability officer Patricia Lewis – about leadership challenges they've faced, finding purpose, and building momentum. Links: Introduction to adaptive leadership How to turn uncertainty to your advantage The Executive’s Role in Fostering Resilient, Adaptive Leaders Ep. 17: Leadership series #1: Leading in uncertain times Ep. 80: Whitman-Walker's commitment to vulnerable communities is more than just a mission statement Learn more about the Advisory Board Fellowship (advisory.com/fellowship) Advisory Board is a subsidiary of UnitedHealth Group. All Advisory Board research, expert perspectives, and recommendations remain independent.
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Apr 18, 2023 • 41min

159: Ozempic, Wegovy, and our questions on weight management drugs

Demand – and concern – is growing for the newest generation of weight loss drugs. Approved by the FDA to treat type 2 diabetes, drugs like Ozempic and Wegovy have set off a media frenzy as celebrities and the wealthy touted their weight loss benefits. Leaders have a lot of questions about protocol, supply, and coverage of these drugs, and the consequences of patients using them for their unintended purpose. In this episode, host Rachel (Rae) Woods walks through these questions with experts Kara Marlatt, Gaby Marmolejos, and Chloe Bakst and discuss the potential future of weight management in US healthcare. Links: 6 questions providers and health plans need to answer about weight loss drugs Are we entering a new era of weight-loss medication? Why did WeightWatchers just buy a telehealth platform? Learn more about Advisory Board Sponsorship opportunities at advisory.com/sponsorship
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Apr 11, 2023 • 29min

158: Advisory Board's spokespersons reflect on moments that changed healthcare

Advisory Board has been giving guidance to healthcare leaders since 1979 – and we've seen a lot of changes in those 40+ years. In this episode, host Rachel (Rae) Woods invites her Advisory Board co-spokespersons Ford Koles and Aaron Mauck to reflect on their experiences delivering insights in an ever-changing industry and the power of peer-to-peer conversations. Links: 16 Things CEOs Need to Know in 2023 Ep. 145: Part 1: What CEOs need to know in 2023 Ep. 146: Part 2: What CEOs need to know in 2023 Learn more about the Advisory Board Fellowship (advisory.com/fellowship)

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