Shawn Li MD MBA
Internal Medicine Resident at MGH
PGY-1
March 27, 2019
I had the opportunity to attend the 2019 HBS Healthcare
conference this past February. The day was jam-packed with insightful speakers
and thought-provoking discussions. A few takeaways from the day:
Keynote speaker and CEO of the Boston Medical Center Kate
Walsh talked about the challenges she faces leading the largest safety-net
hospital in New England. While the national conversation is centered around
reducing healthcare utilization, often the most at-risk patients need more
healthcare services rather than less. Balancing how to deliver high-value care
to vulnerable patients with the financial health of the institution proved to
be a difficult problem. In particular, Kate highlights the conundrum of care
delivery innovation in a fixed-costs heavy organization. Because of
disproportionally high fixed costs, most services seemed to have a positive
contribution margin. Thus it became difficult to parse out which services were
genuinely adding value.
Population health was also a topic that came out across many
different sessions. While we saw familiar use cases such as implementations of
data analytics from the payer side, it was heartening to see population health
blossoming on the provider side as well. Co-founder and COO of Landmark Health,
Carol Devol, showed how in-home medical services are transforming the care for
patients with multiple chronic conditions. By working with primary care practices,
in-home care fills an unmet need for many. As a medicine resident, I realized
just how high the opportunity cost of coming to a doctor’s appointment is for
many patients. I whole-heartedly welcome new ways that we can reach our sickest
patients in their own environment.
At the end of the day, the mission is to provide health to
the patients we serve. It’s important to hear different perspectives from the
various stakeholders on how they are tackling the toughest problems in
healthcare. My experience at the HBS healthcare conference has given me new
insights on how we can redesign and reshape the healthcare delivery system.