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McKinsey on Healthcare

Patrick Finn on resilience, healthcare’s mission, and AI’s promise

27 May 2025

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McKinsey senior partner Patrick Finn discusses how being nimble, continuously improving, and taking advantage of new technologies will help healthcare organizations better serve patients.See www.mckinsey.com/privacy-policy for privacy information

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0.031 - 11.357 Patrick Finn

If you even start with the first piece of this on really understanding the mission, understanding how are we improving access? How are we improving affordability? How are we improving quality?

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16.838 - 41.944 Corita Anderson

Welcome. You're listening to the McKinsey on Healthcare podcast. If you're looking for insights into the issues that matter most to healthcare right now, you're in the right place. Explore wide-ranging conversations with leaders, changemakers, innovators, and professionals who are at the heart of healthcare today. I'm Corita Anderson, Senior Editor for Healthcare at McKinsey based in New York.

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42.404 - 72.192 Corita Anderson

Let's get started. Today, I'm joined by Patrick Finn, a senior partner in McKinsey's Boston office. Patrick is the global co-leader and North American leader of McKinsey's healthcare practice. He has served clients for more than 20 years, counseling healthcare leaders on strategic planning, performance improvement, and building new capabilities. Patrick, nice to have you here today.

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72.232 - 73.373 Patrick Finn

Thank you for having me.

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73.673 - 96.39 Corita Anderson

So, Patrick, you lead McKinsey's healthcare industry practice. So, of course, we're going to spend today talking about the industry broadly. But before I start to pick your brain on the trends and challenges that the different sectors are facing, I want to start with a bit of a broader question about how to fix the problems that still exist in the U.S. healthcare system.

96.37 - 116.691 Corita Anderson

You know, as we all know, the public discussion was recently reignited about the angst that we as patients can face when we try to get healthcare. So what does the industry need to do to address those concerns and really, in an honest way, counter that negative opinion?

116.671 - 138.843 Patrick Finn

Yeah. Yeah. Look, I think we all just, as a baseline, need to do better for our patients and plan members, et cetera. I mean, there's a lot of great things in our health care system, right? The innovation that happens, the ability to really make people better is phenomenal. But there's a few things that I think we've really got to push on to make better.

138.863 - 156.68 Patrick Finn

Some of it we started, some of it we've got to expand on. So one is just how we think about health care. We historically do a great job of treating chronic conditions, addressing acute issues. When we've started to expand into mental health, we've got to do much better in integrating the care across physical and mental health.

157 - 179.601 Patrick Finn

We've really got to be thinking about all those other factors, the food, the wellness, all those pieces. How do we bring that together to help make our country healthier? Second, we do have to make it more personal. We always talk about health care being local. We talk about a local market, the hospitals in that market, the particular insurance that is available in that market.

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