Value-based care has been dominating industry conversations in recent years. Here on Radio Advisory, we talk a lot about best practices, how to make the right investments, and how to best prepare leaders for the future of value-based care. But given all this momentum, we want to spend time asking the question: what are the misconceptions or misaligned expectations that leaders have around value-based care?

In this episode, host Rachel (Rae) Woods invites Advisory Board value-based care expert Daniel Kuzmanovich and Optum Advisory Service's SVP of value-based care, Erik Johnson, to discuss the mindset shifts they think leaders should be making when pursuing a sustainable value-based care strategy. Throughout the conversation they discuss what leaders are currently getting wrong, how myths about value-based care are impacting the industry, and more.

Links:

• Our Value-based Care playlist
• Ep. 172: Build a value-based enterprise: Live from 2023 Value-Based Care Summit
• Ep. 126: [Bonus content] Commercial risk is possible—here's how
• How Health Plans Can Support Providers in Risk
• The climb to value-based care

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Advisory Board is a subsidiary of Optum. All Advisory Board research, expert perspectives, and recommendations remain independent.

Whether it's workforce shortages, industry disruptors, or health equity strategy, we're here to help. Host and seasoned researcher Rachel (Rae) Woods talks with industry experts to equip you with knowledge to confront today’s unanswered questions in healthcare. New episodes drop every Tuesday. | www.advisory.com

In the last few years, all eyes have turned to GLP-1s as an industry-altering answer to obesity treatment and weight management. But the fact is, these drugs can’t – and shouldn’t – work in a vacuum. There is a fear that attention on GLP-1s may even blind leaders to the other services that go into providing effective obesity care. So, what should leaders be thinking about when designing and and delivering effective obesity care?

To answer that question, host Abby Burns invites Advisory Board experts Chloe Bakst, Payton Grimes, and Atticus Raasch to unpack what comprehensive weight management programs look like in practice, and why—if done well— they can benefit patients, clinicians, and health systems.

Links:

• 4 key elements of comprehensive obesity care (and how they look in practice)
• How 3 health systems provide comprehensive care for obesity
• Ep. 181: Does healthcare's approach to obesity harm patients?
• Ep. 159: Ozempic, Wegovy, and our questions on weight management drugs

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

When we talk about “health systems,” it can sound like we’re talking about a monolith. But in reality, the $1.4 trillion dollar health system sector is made up of a diverse range of players. Academics and safety nets; urban and rural systems; 1,000-bed systems and 25-bed critical access hospitals. The question is, especially as systems emerge from the financial hardships of the past few years, how do those differences translate to the ways systems are running at growth?

In this episode, the third and final installment in our series leading up to Advisory Board’s Strategy Summit, host Abby Burns invites Advisory Board health system experts Elizabeth Orr and Marisa Nives to unpack how leaders across the health system sector are thinking differently about growing in 2025 and beyond.

Links:

• Hospitals' top strategic priorities — and what they mean for development leaders
• Ep. 220: Why AI in healthcare is more than just ChatGPT
• Ep. 219: The business case for going green
• Ep. 218: [Encore + bonus content] Site-of-care shifts: It's time to go on offense
• Charted: The financial gap between rich and poor hospitals grows

Join us at the Pivots for a Sustainable Future Summit on September 10-11, 2024.

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

We’ve talked a lot about AI on Radio Advisory, with a particular emphasis on generative models and their capabilities. But are there other models of AI that are flying under the radar? Today’s episode focuses on computer vision and its potential to shift how we think about the use of technology in healthcare.

For the second episode in our series leading up to Advisory Board’s upcoming Strategy Summit, host Abby Burns invites digital health experts Ty Aderhold and Elysia Culver to break down why computer vision should be on our minds, arguably just as much as generative AI.

Links:

• Ep. 185: AI adoption: why you can't afford to "wait and see"
• 10 ways computer vision can transform the future of healthcare
• Computer vision in healthcare

Join us at the Pivots for a Sustainable Future Summit on September 10-11, 2024.

Register for the How to harness the potential of digital experience in healthcare webinar on September 17.

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

It's no secret that climate change has had a massive effect on population health, but it’s also impacting healthcare business. Did you know that energy costs have gone up by 28% in the past five years? Health systems in particular can shave percentage points off their annual costs by reducing their energy consumption—but there is both a knowledge gap and an action gap keeping leaders from taking advantage of the opportunity.

Advisory Board’s Strategy Summit on September 10-11 is all about the pivots health systems need to make for a sustainable future – no better way to kick off our lead-up to the event than by taking that quite literally and talking about environmental sustainability.

In this episode, host Abby Burns invites Advisory Board expert Miles Cottier to break down how and why health business leaders need to prioritize environmental sustainability. They explore the financial case for moving to renewable energy sources, how regulatory pressures may (or may not) shape the future of environmental action, and what leaders can do today to support their green initiatives.

Links:

• Green financing for health systems
• Climate change is affecting heart health. Here’s what you can do.
• Ep. 119: How health leaders can address climate change
• Ep. 164: Boston Medical Center's path to sustainability (and how they're funding it)

Join us at the Pivots for a Sustainable Future Summit on September 10-11, 2024

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

This week, host Abby Burns invites Advisory Board expert Sebastian Beckmann back to Radio Advisory to provide an update—as promised—on what his team has uncovered about site-of-care shifts in the six months since he first brought this research to the pod. Hint: there’s about $50B at play.

This episode is a modified encore of Episode 195: Site-of-care shifts: It’s time to go on offense.” In that episode, Sebastian and fellow Advisory Board expert Nick Hula joined Abby to break down how health systems should be thinking about site-of-care shifts as a part of their growth strategies, including making the transition from a “defensive” mindset to prevent volume shifts, to an “offensive” mindset to capture them.

The original episode will play almost in its entirety, with interjections from Abby and Sebastian to dig deeper into what the site-of-care shift opportunity—or risk—actually looks like across markets and services.

Links:

• Seize the $50 billion site-of-care shift opportunity
• Interactive maps: See where site-of-care shifts are having the biggest impact
• Site-of-care shifts: Healthcare’s $50B opportunity
• Your guides to volume growth in 6 key service lines
• 4 takeaways from our updated provider volume forecast
• 5 trends (re)shaping site-of-care shifts
• What’s happening with joint replacement volumes?
• Ep. 193: Is health system growth still possible?

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

(This episode originally aired on September 12, 2023.)

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.

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)

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