McKinsey on Healthcare
The journey to a new tomorrow: A conversation with Patrick Conway, MD, President and CEO, Blue Cross and Blue Shield of North Carolina
The other area that as a nation I think we're going to have to tackle is pharmaceutical costs.
McKinsey on Healthcare
The journey to a new tomorrow: A conversation with Patrick Conway, MD, President and CEO, Blue Cross and Blue Shield of North Carolina
So obviously innovation in the drug space is incredibly important and has saved literally millions of lives.
McKinsey on Healthcare
The journey to a new tomorrow: A conversation with Patrick Conway, MD, President and CEO, Blue Cross and Blue Shield of North Carolina
But that innovation won't matter if people can't pay for it.
McKinsey on Healthcare
The journey to a new tomorrow: A conversation with Patrick Conway, MD, President and CEO, Blue Cross and Blue Shield of North Carolina
So over time, how do you solve this issue of both access and lowering the cost of health care?
McKinsey on Healthcare
The journey to a new tomorrow: A conversation with Patrick Conway, MD, President and CEO, Blue Cross and Blue Shield of North Carolina
The rural health issues are real where you have many very small practices and critical access in small hospitals.
McKinsey on Healthcare
The journey to a new tomorrow: A conversation with Patrick Conway, MD, President and CEO, Blue Cross and Blue Shield of North Carolina
So we're doing a couple of things.
McKinsey on Healthcare
The journey to a new tomorrow: A conversation with Patrick Conway, MD, President and CEO, Blue Cross and Blue Shield of North Carolina
One on those small practices, we are bringing resources to them.
McKinsey on Healthcare
The journey to a new tomorrow: A conversation with Patrick Conway, MD, President and CEO, Blue Cross and Blue Shield of North Carolina
So you cannot expect them to invest in EHR optimization, population health management.
McKinsey on Healthcare
The journey to a new tomorrow: A conversation with Patrick Conway, MD, President and CEO, Blue Cross and Blue Shield of North Carolina
These tools that we know can help achieve better health care quality and lower costs, so we're going to partner with somebody to bring those services to those rural primary care providers.
McKinsey on Healthcare
The journey to a new tomorrow: A conversation with Patrick Conway, MD, President and CEO, Blue Cross and Blue Shield of North Carolina
On the hospital side, you know, in Pennsylvania when I was in the Innovation Center, we put in place this population-based model for rural hospitals.
McKinsey on Healthcare
The journey to a new tomorrow: A conversation with Patrick Conway, MD, President and CEO, Blue Cross and Blue Shield of North Carolina
We're not there yet in North Carolina, but we are talking to rural hospitals about how we shift their payment model to be more population-based and not based on fee-for-service.
McKinsey on Healthcare
The journey to a new tomorrow: A conversation with Patrick Conway, MD, President and CEO, Blue Cross and Blue Shield of North Carolina
Focus on your customers and your people first.
McKinsey on Healthcare
The journey to a new tomorrow: A conversation with Patrick Conway, MD, President and CEO, Blue Cross and Blue Shield of North Carolina
My literal first day, I said, I don't know anything about this company, but I'm pretty sure if we focus on our customers and we focus on our people, our employees,
McKinsey on Healthcare
The journey to a new tomorrow: A conversation with Patrick Conway, MD, President and CEO, Blue Cross and Blue Shield of North Carolina
we'll be okay.
McKinsey on Healthcare
The journey to a new tomorrow: A conversation with Patrick Conway, MD, President and CEO, Blue Cross and Blue Shield of North Carolina
We have a more advanced strategy now.
McKinsey on Healthcare
The journey to a new tomorrow: A conversation with Patrick Conway, MD, President and CEO, Blue Cross and Blue Shield of North Carolina
But in reality, I think if you focus on the customer and you focus on your people, most everything else can fall into place.
McKinsey on Healthcare
The journey to a new tomorrow: A conversation with Patrick Conway, MD, President and CEO, Blue Cross and Blue Shield of North Carolina
I've now had the opportunity to lead in a number of different organizations, provider, government, now Blue Cross of North Carolina.
McKinsey on Healthcare
The journey to a new tomorrow: A conversation with Patrick Conway, MD, President and CEO, Blue Cross and Blue Shield of North Carolina
The pace of innovation and learning that we need, especially in today's fast-changing world, we have got to go quicker and learn faster.
McKinsey on Healthcare
The journey to a new tomorrow: A conversation with Patrick Conway, MD, President and CEO, Blue Cross and Blue Shield of North Carolina
So interestingly, some people don't do strategy and just execute.
McKinsey on Healthcare
The journey to a new tomorrow: A conversation with Patrick Conway, MD, President and CEO, Blue Cross and Blue Shield of North Carolina
And some people have strategy and never execute.