10:00 a.m. - 11:00 a.m.
Supplier Leaders Speak: Disruption, Innovation, Transformation: Providers, Suppliers Discover New Avenues of Collaboration
Opportunities for collaboration between providers and suppliers are expanding as never before. But taking full advantage of these opportunities demands suppliers to understand that collaboration is no longer one size fits all and consolidation is no longer all or nothing adventure.
Both suppliers and providers need to explore all available options—from shared services and service lines, to multi-regional alliances, provider collaborations and multi-state clinically integrated networks.
This panel will explore:
Why provider autonomy and independence is now an impossible dream
Why full-asset healthcare mergers could be going out of style
How providers share services and clinical service lines via ownership, branding, and shared revenues and risk
The power of multi-regional alliances, cooperatives, and multi-state regional alliances
Healthcare TransformationTask Force
Jeff Micklos is the executive director of the Healthcare
Transformation Task Force, an industry consortium of providers,
payers, purchasers, and patients committed to accelerating the pace of transformation
to value-based payment and care delivery. An attorney by training, Jeff is the former
executive vice president, management, Compliance, & General Counsel of the
Federation of American Hospitals, a national trade association representing
investor-owned hospitals, and a former partner in the Health Law Department of the
international law fi rm of Foley & Lardner LLP. Jeff began his career as a litigator and
regulatory counsel for the Health Care Financing Administration, U.S. Department of
Health and Human Services, and also served in the Offi ce of General Counsel of the
Social Security Administration.
President and Chief Executive Officer
Byron is president and chief executive officer of Vizient. He has a long history of leadership roles within Vizient and in the health care industry, specifically in the areas of strategy, operations and finance. Prior to becoming chief executive officer, Byron was Vizient chief administrative and financial officer, leading several functional areas including finance, accounting; information technology; marketing; product management; corporate development; and sales operations. During this time Byron assisted the Company in growing the business through the merger and acquisitions of legacy companies VHA, UHC, Medassets, Sg2 and Novation, resulting in revenue and membership growth of 176% and 190%, respectively. Additionally, during his tenure with Vizient he served in other Vizient roles including executive vice president service delivery and chief financial officer.
Executive Director, Research
Russell serves health plans, post-acute care providers, and suppliers and service providers to health systems within the Advisory Board’s Research & Insights division. He helps business leaders identify and implement initiatives to improve their financial and operational performance as organizations migrate to value-based payments.
Russell joined the Advisory Board in 2010 as a business and operational leader with the Health Care IT Advisor, where he was responsible for strategy, operations, consulting, and new product development. He worked to shape the research programs and introduce a new service designed to help providers realize their meaningful use incentives. Prior to joining the Advisory Board, Russell was managing director of the financial services practice at the Corporate Executive Board, a best practices research organization. Russell specializes specifically in Health Plans, Health Insurance, Medtech, Suppliers and Service Providers, and Philanthropy.
Chief Innovation Officer and
Chief Executive Officer
Sue Siegel is GE’s chief innovation officer and chief executive officer of GE Ventures, leading the development and acceleration of innovation across GE. She has over thirty-five years of corporate, entrepreneurial and venture capital experience all geared towards turning untapped potential into real value. In this role, Sue led the launch of GE Ventures, a multimodal innovation engine comprised of investing in promising startups, creating and scaling new companies and commercializing GE’s intellectual property. She also leads strategy planning and oversees the global marketing function.
Before joining GE, Sue was a General Partner at Mohr Davidow Ventures, where she led investments in personalized medicine, digital health and life sciences.