Radio Advisory

With rising costs and tightening margins, the industry is continually looking for ways to "bend the cost curve" while maintaining, or even increasing, quality and performance. One stakeholder in particular, employers, are feeling significant pressures from inflation, hospital consolidation, the rise of high-cost drugs, and more. While many legacy cost-saving strategies have focused on reducing employer costs, it may be time to shift focus to lowering costs for employees as well.

In this episode, host Rachel (Rae) Woods invites Advisory Board payer expert Max Hakanson and Innovation lead at JPMorgan's Morgan Health Rivka Friedman to discuss what employers can do to rein in healthcare costs, both for themselves and their employees. Throughout the discussion, they discuss why legacy cost-sharing strategies may be insufficient, and what new innovations are showing promise in the market.

Join Rae for a free webinar on Advisory Board's State of the Healthcare Industry. In this webinar, you'll get Advisory Board’s exclusive take on the strategic forces that really matter. Rae will talk about the rise of artificial intelligence and why you should not be asking "what should my AI strategy be?". Save your seat and join Rae on September 18th at 2:00 PM ET.

Links:

• Home | Morgan Health
• Ep. 165: Employer series: Is the cost of employer-sponsored insurance unsustainable?
• Investigating the high costs in employer-sponsored insurance
• 5 health benefits strategies for self-funded employers
• 3 things to know about ESI (that you won't find in a benefits survey)

Need a quick answer to a healthcare question? Ask Advisory! Whether it's about where the market is headed, or how to navigate our website our team of experts are just a call or email away. Visit ask.advisory.com or email [email protected] to learn more.

The world of health care has changed a lot in the past decade, and the Center for Medicare and Medicaid Innovation has been behind a lot of that change. In this episode, host Rachel Woods sits down with Liz Fowler, director of CMMI, to talk about what innovations CMMI has worked on in the past decade and where it's heading next.

Plus, policy and strategy expert Ben Umansky debriefs with Rae to share his take on the agency’s next steps.

Links:

• Innovation At The Centers For Medicare And Medicaid Services: A Vision For The Next 10 Years | Health Affairs
• Innovation Center Strategy Refresh | CMS.gov
• Our latest on Policy and Payment
• To explore Advisory Board's latest thinking on the future of value-based care, visit advisory.com/VBC.

The Associated Press and other media outlets have called the presidential election for former Vice President Joe Biden (although legal challenges to ballots continue), and now the question that remains is: what will a Biden administration's health care priorities be? In this episode, Rae sits down with Advisory Board's Christopher Kerns to talk about what health care moves a Biden administration might make right away and what the Trump administration might do in the coming months before Inauguration Day.

Links:

• What Biden's victory means for health care

The rise of generative AI has impacted healthcare in many ways – one of which is that it’s pushing Big Tech toward becoming not just a relevant, but a central player in the industry. And when we’re talking Big Tech, we have to include Google. Google’s activity in healthcare has been turbulent since it entered the space nearly two decades ago, but it’s impossible to deny the significance of the contributions it’s made to the industry.

Now with the rapid growth of genAI, Google is refining its healthcare strategy to drive maximum impact in the areas it’s best positioned to – places like consumer, therapeutics, diagnostics, and more.

At the forefront of this work is Dr. Karen DeSalvo, Google’s Chief Health Officer. This week, guest host Eric Larsen, President Emeritus of Advisory Board and President of Towerbrook Advisors sits down with Dr. DeSalvo to unpack the seemingly boundless opportunities of generative AI to evolve healthcare and the unique—and scoped—role Google is playing in helping advance that evolution.

Links:

• Lessons from the C-suite
• AI in healthcare: Insights from 10 C-suite executives
• Ep. 197: Lessons from the C-Suite: Demystifying generative AI with Dr. John Halamka, President of Mayo Clinic Platform
• Ep. 185: AI adoption: why you can't afford to "wait and see"
• Ep. 180: Tom Lawry on why AI has a PR problem

The chronic condition we should be talking about: Challenges and opportunities in migraine care

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A transcript of this episode as well as more information and resources can be found on radioadvisory.advisory.com.

Healthcare leaders have dozens of priorities on their plates, and achieving innovation is not as simple as just buying a new technology or implementing a new care model. Frankly, it can be overwhelming not just to see innovations through, but even to get started. So, what does it really take to innovate? And how do you align your organization’s challenges with the solutions or innovations that are being presented to you?

In this special episode, live from Advisory Board’s 2024 Clinical Innovation Summit, guest host and Advisory Board digital health expert John League invites Dr. Ayo Ajaiyeoba from Blue Cross Blue Shield of Kansas City, and Elliot Green, cofounder and CEO of Dandelion Health, to dive deep on the realities of innovation. Throughout the discussion, they explore what it takes to get started, how to act in the face of ambiguity, and how you should be thinking about tools like data and partnerships to achieve your goals.

Links:

• Blue Cross Blue Shield
• Dandelion Health
• Top 5 takeaways from our Clinical Innovation Summit
• 4 imperatives for the future of healthcare innovation
• Truly personalized care is possible. Here's how to make it a reality.

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A transcript of this episode as well as more information and resources can be found on radioadvisory.advisory.com.