Jay Feinstein

Not going to lie, LOVED this panel full of highly successful female #ortho leaders in a (no secret) male dominated field. Leslie Storms of Johnson & Johnson MedTech sharing that #ASC migration is more about a "switch plus", it's opening options for patients as IDNs get into the game, patients see familiar names on the buildings which may draw them in. But echoing many others, it's not just about targeting the ASC, it's about truly understanding their unmet needs and putting together product and service offerings that meet those needs. Sharon Vitti of ATI spoke fervently of the fact that we have all the tools to treat patients across the continuum of care, but we need to create a digital front-door for patients, aggregate the pre and post Surgical services at various sites of service and find a central care coordinator. The physical therapist, Sharon argued, can be this coordinator. For me, the question continues to be who will ultimately be the aggregator? A known ortho player, or a digital "outsider" like Hinge Health or Sword Health (who are doing a fantastic job). Laura Francis of SI-BONE began to tackle the question we all deal with... innovation adds cost in a world with "continuous downward pressure on reimbursement"... there's no easy answer. Traditionally you're trying to take cost out of the system, but our industry will need to rethink what value based care that enables innovation looks like. And finally Cheryl R. Blanchard, Ph.D. of ANIKA THERAPEUTICS S.R.L. spoke about successes and failures of M&A. While her advice of "don't screw it up" seems obvious, what she meant was to ensure that large strategics don't destroy the innovative culture and spirit that the target was acquired for. Thanks to everyone who made this panel possible Gary Stevenson Sabeen Shaikh Beth Best Kevin Plancher, MD, MPH, FAOA, FAAOS HealthpointCapital Ortho Summit

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Looking for a quick recap of the healthcare trends from Q2 2024? Check out our Q2 2024 Healthcare Quarter in Review! Once a quarter we deliver healthcare trends, risks, opportunities, and regulatory updates directly to your inbox. Sign up if you haven’t already: https://lnkd.in/gj58RP59

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Operationalizing Value-Based Care Across Multi-State Systems: A Complex but Rewarding Journey Healthcare executives leading multi-state organizations face a daunting yet exciting challenge: operationalizing value-based care (VBC) consistently across diverse geographies. It’s not just about aligning with a single-payer or adapting to one patient population. Instead, it’s about creating a framework that bridges the gaps between states, systems, and stakeholders while ensuring quality care and controlling costs. Here’s why it’s tough and why it’s worth it: 1. Payer Contracts Vary Widely: Different states have different payers, each with unique value-based agreements. Negotiating terms, understanding benchmarks, and aligning incentives across systems is like managing a puzzle where the pieces are constantly shifting. 2. Patient Populations Differ: A successful VBC model in a densely populated urban market may not work for a rural community where access to care and social determinants of health play a more significant role. Tailoring approaches while staying true to an overarching strategy is critical. 3. Regulatory Complexities Add Layers: Navigating the maze of state-specific regulations, licensure requirements, and reporting standards requires adaptability and a deep understanding of compliance. How Do We Overcome These Challenges? The key lies in striking the right balance between centralized strategy and localized execution. - Centralized Strategy: Develop a core value-based care framework focusing on quality, cost containment, and patient outcomes. Establish guiding principles and use data analytics to drive decisions. - Localized Execution: Empower regional teams to adapt the model based on local needs. Develop payer-specific playbooks, invest in population health management tools, and engage community resources to address social determinants of health. - Technology as an Enabler: Unified EHR systems and predictive analytics can provide a holistic view of performance across regions. This data ensures consistency while identifying areas for tailored interventions. The Payoff Organizations that navigate these complexities successfully achieve more than cost savings. They build scalable, sustainable systems that improve patient care across diverse communities. The path isn’t easy, but the rewards are transformative for multi-state systems committed to leading the VBC transformation. How is your organization tackling the operational challenges of VBC across state lines? #ValueBasedCare #HealthcareLeadership #PopulationHealthManagement #QualityandOutcomes

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Healthcare strategy is not a one-size-fits-all approach. In their latest article for the Governance Institute, healthcare experts Andy Bachrodt and Maria Finarelli reveal the 3 critical dynamics that shape strategy in the industry today. If you're interested in staying up-to-date on the latest healthcare strategy trends, check out their insights now! #healthcarestrategy #healthcareexperts #ECGMC

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Many teams say they want to be great, but how do they know if they are? This is a chance to find out! Celebrate your performance and see if you are truly a top 10% team in healthcare TA! #benchmarks #analytics #healthcare #talentacquisition #roguehire

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This latest #PwC study notes that "...GLP-1s in particular as a driver to watch. Costs per member on GLP-1s have risen steadily over the past several years, reaching $23.16 in the first half of 2023 compared to $8.99 in 2021." No surprise there and expect both demand and costs to continue. #Obesity is one of the significant drivers of GLP-1 demand. Click on this on-demand #IQVIAInstitute webinar to learn more: Rethinking Obesity: Impact on Healthcare Economics and Clinical Practice (on24.com)

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Innovation and technology are traveling at warp speed in comparison to the care delivery infrastructure in which they are expected to deliver value. Multiple, overlapping disincentives to share patient information are deeply ingrained (e.g., competition, regulatory compliance, technical interoperability issues, and administrative burden). To wit, it's quite easy to overestimate ROI on HITECH investments. Making those investments are critically important, but they need to be analyzed and assessed in a realistic framework that discounts expectations according to infrastructure realities.

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#Resilience is not just bouncing back, but bouncing forward, stronger and wiser than before. In this TED Conferences discussion, resilience researcher Lucy Hone shares strategies to brave adversity and overcome life’s most challenging obstacles.

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In the last 4 years, we've seen dramatic surges and falls in healthcare private equity deals and volumes. PE investments can revitalize existing healthcare organizations and breathe life into new, innovative approaches. Read more from my colleague Troy Keach on the top PE trends emerging in 2024.

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Here’s your recap of last week’s health IT news 🗞️ 👇 🤖 AI Clinician Assistant • Ochsner Health announced an enterprise-wide agreement with DeepScribe. 📋 Patient Administration • Weave is now integrated with eClinicalWorks.    • Phreesia is now available through Oracle Health's Marketplace.    • Samaritan Medical Center selected Loyal for managing provider listings. 💼 Provider and Practice Administration • MedStar Health is partnering with RLDatix on AI-based tools for analyzing patient safety events.    • Kontakt.io released a new solution to track hand washing and gamify compliance.    • Epic announced a new feature allowing users to securely release their healthcare information to apps of their choice. 🔁 RCM • Infinitus Systems, Inc. released a new instant benefits verification tool for commercial insurance patients seeking specialty medication.    • Providence expanded its implementation of Xsolis, designed to manage length of stay, mitigate denial risk, and ensure proper reimbursement.    • R1 RCM is being acquired by investment funds associated with TowerBrook Capital Partners L.P. and Clayton Dubilier & Rice. 📱 Patient Support and Communications • uMETHOD Health, Inc. is partnering with Linus Health on an integrated solution for earlier detection of cognitive impairment plus care planning. ⚙️ Clinical Operations • SimplePractice launched an ePrescribe platform following its acquisition of certain assets of Luminello, Inc.    • VitalHub Corp. is acquiring the clinical decision support vendor MedCurrent Corporation. 🧑‍💻 Virtual and At-Home Care • AvaSure has acquired the smart room technology vendor Ouva in an effort to expand its AI capabilities.    • VSee is partnering with Ava Robotics to give remote providers an inpatient presence. 🍎 VBC • Zing Health is leveraging Story Health for eligible members with the greatest risk of poor heart failure outcomes. 🧠 Food For Thought • A federal judge granted an injunction against PointClickCare for alleged information blocking tactics. Elion advisor Brendan Keeler shared a great post about some of the potential implications of this decision. https://lnkd.in/eb8F3FEr    • The The Cedars-Sinai Accelerator program announced its 10th class, and the theme was unequivocally AI with a strong bias toward clinical applications. We remain eager to see this shift from back-office use-cases toward patient- and provider-facing clinical solutions.    • UW Health and Epic announced the release of the National Roundtable on Artificial Intelligence in Healthcare’s recommendations to lawmakers. The TL;DR: Lawmakers should foster innovation across the patient experience (i.e. beyond traditional care settings, such as virtual, in-home, etc) and play a strong role in ensuring equitable access, minimal care disparities, and local validation.

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💡 Untapped Revenue Strategies for Hospitals 💡 In today's healthcare landscape, every dollar counts. CEOs from three leading hospitals recently shared innovative revenue strategies that move beyond traditional income streams. From optimizing outpatient services to exploring telehealth reimbursement models, hospitals are looking at new ways to drive revenue while maintaining quality patient care. As hospitals rethink their financial strategies, Weatherby Healthcare is here to support with flexible staffing solutions to meet changing demands and ensure continuous, high-quality service. #HealthcareInnovation #RevenueStrategies #HospitalLeadership #WeatherbyHealthcare #HealthcareFinance #LocumTenens

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⚙️ Interim leaders provide more than short-term fixes—they deliver enduring value. Michael Castleman and Ysette Witteveen highlight how these leaders immerse themselves in an organization’s culture, align with strategic objectives, and spearhead essential projects, resulting in long-lasting improvements that remain even after they depart. From digital transformation to operational efficiency or piloting a new position, interim leadership brings specialized knowledge and accountability exactly when needed. Reach out if you'd like to learn more about how interim and on-demand talent can add significant value to your organization. #Leadership #ValueCreation #InterimLeadership #Healthcare #LifeSciences #Transformation #WittKieffer

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Results of a recent poll I did about private equity's impact in the healthcare industry. With ~75% of a very knowledgeable respondent pool feeling PE's impact is primarily negative, PE firms have their PR-work cut out for them. #healthcare #privateequity #vc #venturecapital #mergers #acquisitions #hospitals #clinics #healthsystems #assistedliving #postacute https://lnkd.in/g7ebQSKv

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Most never fully appreciate the impact of "stretch" coverage with a leadership vacancy. As a CNO, either I covered the gap, or one of my talented leaders covered the gap. Either way, the vacancy led to disruption within the organization. A Transitional Leader creates stability, allowing the great work of the department/organization to continue while searching for and onboarding the perfect permanent leader. Read below about the financial impact that stability and continuity bring to an organization through Transitional Leadership.

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This is a great article, and one that resonates and captures fully on how my mind operates. Think, plan and execute are the key elements. When thinking, one must respect the current process and understand its impact whether its direct and immediate or indirect and long or a blend. It should also fit with the organizational direction as well as mission, vision and values. One must also be mentally agile to allow for quick pivot and adjustment, which should have been somewhat expected as part of the planning process. A key part that the article doesn’t address is leveraging social and emotional elements sometimes interrogating these levers to support strategic success. It’s an interesting challenge to think and act strategically, and this article should instill some wisdom for aspiring strategist. #strategy #leadership #organization #changemanagement #leadingchange #organizationaldevelopment #professionaldevelopment #learning #insight #businessinsights #strategicthinker #brainstorm #ideas #innovation nycthehive

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What a great article...highlighting both the application of lean principles as well as leveraging one of the most powerful resources available in healthcare...grassroots employee input! Couple those with the seemingly unending availability of data/analytics and the opportunities for streamlining and improvement are endless. And let's not miss the opportunity of applying the lessons learned to not only the local healthcare system but also the greater healthcare system at large. Building on the learnings of others through transparency can be extremely powerful and introduce rapid positive change. Great work!

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Join us for an enlightening session on Provider Enablement in the realm of Value-Based Care (VBC). Dive deep into the evolving landscape where third-party companies are revolutionizing VBC by managing risks and enhancing care outcomes. View the SOA Health Meeting agenda here: https://optumin.co/jgzooj #Optum #SOA #providers #ProviderEnablement #VBC 

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With fall each year comes Open Enrollment — an important moment for employer-sponsored health benefits teams to create competitive packages that not only attract and retain talent but also ensure cost-effectiveness.   In a recent webinar with @HR Dive, @Aon Health Solutions leaders engaged in discussions about the most effective strategies for streamlining the enrollment process, enhancing the user experience with technology, and addressing the diverse needs of the workforce to promote inclusivity.   The stakes are high, and these insights are crucial. If you missed it, you can watch the replay here: https://shorturl.at/hBDLr

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