The presentation by industry thought leaders will include a community hospital case study and a discussion of the following:
- Importance of achieving scale in order to improve performance
- Arrangements organizations are pursuing to achieve scale while avoiding consolidation
- Issues in forging relationships for payer contracting that preserve independence
- What value-based contracting options are available for independent providers?
- How do payers view independent providers? What should they be bringing to the table in a payer negotiation?
- How can independent providers win on total cost, total quality, and total patient satisfaction — and what relationships are required?
- What will be the impact of exchanges and increasing direct-employer contracting on independent providers?
Sprekers
- J. Mark Waxman, Partner, Foley & Lardner LLP
- Steve Messinger, Principal, ECG Management Consultants
- Ted Schwab, Partner, Oliver Wyman
- Kurt Stuenkel, President and CEO, Floyd Medical Center
About Strategies for Independent Community Hospitals to Remain Viable Web Conference Series
The health care industry is clearly in a time of significant change, leading some community hospitals to pursue acquisitions, consolidations, or mergers to stay viable. For community hospitals desiring to remain independent, there are a number of issues to consider. What is the best choice regarding consistency with fiduciary obligations? What are the feasible alternatives and strategies for achieving the best outcome for the community? What tools are available to assist in the decision-making process? How does the hospital board know when it has exhausted all available options before deciding to give up the hospital’s independence?
These questions are exceedingly important in this era of increased activism by antitrust enforcement agencies, which have become skeptical of claims of merger efficiencies and projected cost reductions from consolidations. To what extent is acquisition or consolidation necessary to achieve these goals? Can they be achieved, particularly in more concentrated markets, through affiliation and other arrangements that do not raise the specter of increased pricing power?
The Strategies for Independent Community Hospitals to Remain Viable Web Conference Series, presented by Foley’s Health Care Industry Team, is a four-part series featuring a diverse faculty of thought leaders and community hospital case studies to more closely examine these issues.
CLE
Foley & Lardner LLP will apply for CLE credit after the program, wherever applicable. Foley & Lardner LLP certifies that this activity has been approved for California MCLE credits by the State Bar of California in the amount of 1.5 General credits. Foley & Lardner LLP is a State Bar of California MCLE approved provider. Please note that participants must log in to both the teleconference and Adobe Connect portions on the date of the event; credit may not be obtained by viewing and/or listening to a program recording after the event.