1:35 p.m. - 2:35 p.m.
Achieving System-Wide Change via Consortium-Based Collaboration
Formed in 2018, the Healthcare Transformation Consortium is a collaborative of six New Jersey hospitals and health systems committed to improving the quality and affordability of care via shared best practices and using their own self-funded employee benefit plans as a proving ground. The issue at hand is how healthcare organizations can tap their collective expertise and buying power to address challenges like cost reduction and enhanced quality and access.
This panel will discuss:
How effectively can provider consortia tackle broad-based issues? What are the possibilities and limitations?
Do local and state consortia offer advantages over national collaborations?
What has the NJ consortium achieved in terms of cost reduction, outcomes, quality and access?
What lessons learned can the consortium offer to other hospitals and health systems intrigued by a collective approach to local, state and regional healthcare challenges?
Vice President, Insurance Networks, Atlantic Health System
Kevin Joyce joined Atlantic Health System in 2017 as the vice president, insurance products. In his new position, he is leading AHS’s Managed Care and Insurance Strategy as the delivery model under health care reform continues to evolve. Prior to his position at Atlantic Health System, Kevin was the chief operating officer for QualCare Inc. He started at QualCare in 1998 as the vice president of network development and his primary focus was managing the development and maintenance of the QualCare HMO, PPO, and Workers’ Compensation Networks. Under his direction, the QualCare network grew to over 40,000 providers and he successfully implemented QualCare’s first commercial tiered network value product in New Jersey.
Tarun Kapoor, MD
Tarun Kapoor, MD, is the president of VirtuaPhysicianPartners, a clinically integrated network created collaboratively by Virtua, Virtua Medical Group (VMG) and independent physician practices. Previously, Dr. Kapoor was the senior vice president and chief medical officer for VMG, a 500+ clinician multi-specialty medical practice. Dr. Kapoor joined VMG as a hospitalist in 2008, where he was the associate director of the Virtua Hospitalist Group, helping grow the practice from twelve physicians to its current size of more than fifty clinicians. In addition, he joined Virtua’s Medical Informatics team in 2010, helping to develop and implement its inpatient electronic medical record, including full deployment of CPOE and electronic Medication Reconciliation.
Chief Financial Officer
Holy Name Medical Center
Ryan Kennedy joined the administrative staff of Holy Name Medical Center as director of Budget and Reimbursement in 2010 and was promoted to assistant vice president of Financial Services in 2012. In June 2014 he was appointed as the Medical Center’s vice president and chief financial officer. Prior to joining Holy Name, Ryan was employed as the controller of St. Francis Hospital. He also previously was employed by Ernst & Young where he was a member of the Northeast healthcare group conducting financial statement audits of hospitals, managed-care organizations, and other healthcare related companies.
Chief Financial Officer
Saint Peter's Healthcare System
Garrick Stoldt has been in the healthcare industry for over thirty-five years. He started as a regulator working for New Jersey Blue Cross under its Medicare contract to audit hospitals and related facilities, then as an auditor and consultant for the accounting firms of Pannell Kerr Forster and then Ernst and Young. Since then he has worked as Chief Financial Officer for several hospitals and health systems before coming to Saint Peter’s Healthcare System in 2005. Garrick is well known in the New Jersey healthcare market place for his educational presentations to various groups and specifically to the Healthcare Financial Management Association over the years. Garrick was honored by the New Jersey Chapter of the HFMA with the Medal of Honor in 2001 for lifetime achievement.