Issue link: https://beckershealthcare.uberflip.com/i/1058375
42 CMO / CARE DELIVERY Icahn med school professor tapped as Morgan Stanley's inaugural CMO By Alyssa Rege M organ Stanley hired an assistant professor from the New York City- based Icahn School of Medicine at Mount Sinai to serve as the company's first CMO and head of human resources data and analytics, according to Business Insider. David Stark, MD, will work to tackle rising healthcare costs and improve employee well- ness at Morgan Stanley. "We created this new role, uniting HR data and analytics with the role of CMO in order to foster innovation in employee wellness and healthcare coverage," Jeff Brodsky, chief human resources officer at Morgan Stanley, said in an emailed statement to Business Insider. "Harnessing our HR data, we can achieve better wellness for our employees and address rising healthcare costs." Dr. Stark, an assistant professor of glob- al health at the Icahn School of Medicine, earned his medical degree from Bos- ton-based Harvard Medical School and his master's in biomedical informatics from Stanford (Calif.) University, accord- ing to his profile on the Icahn School of Medicine's website. During his time at Mount Sinai, Dr. Stark also created Lab100, a futuristic clinic built in partnership with the health system. "In this role, I'll have a unique opportunity to leverage data and technology to unlock value-based care for our employees while also generating data-driven insights to bet- ter support our workforce," Dr. Stark said in a statement to the publication. "I look forward to working with the talented team at Morgan Stanley to innovate new solu- tions and find synergies between employee health and work." n 9 physician specialties see jump in compensation By Megan Knowles P hysicians in nine specialties saw increases in total cash compensation from 2017 to 2018, with those specializing in general cardiology seeing the biggest jump in pay, according to a survey from SullivanCotter. The survey includes data on nearly 167,000 individual physicians and ad- vanced practice providers, with nearly 750 participating hospitals, health sys- tems and medical groups. Reported total cash compensation generally increased from 2017-18, averag- ing 1 percent to 4 percent. Out of 10 specialties listed, general surgery was the only specialty that did not see an increase in total cash compensation. Here is the percent change from 2017-18 in total cash compensation for the nine other specialties included in the survey: 1. Cardiology (general): 4.4 percent increase 2. Emergency medicine: 4.3 percent increase 3. Pediatrics (general): 3.7 percent increase 4. Orthopedic surgery (general): 3.2 percent increase 5. Hospitalist: 2.2 percent increase 6. Internal medicine: 2.1 percent increase 7. Family medicine: 2 percent 8. Psychiatry (general): 1.4 percent increase 9. OB-GYN: 1.4 percent increase n Partners HealthCare opens center of excellence for preventive care, chronic care By Jessica Kim Cohen B oston-based Partners HealthCare launched a center of excellence, dubbed Partners HealthCare Pivot Labs, during its 10th annual Connect- ed Health Conference Oct. 17. The center, a collaboration between Partners HealthCare and technology ser- vices firm Persistent Systems, was founded to "disrupt" healthcare delivery and "reimagine" the patient experience, Partners HealthCare said. To meet this goal, the center will encourage the development of new digital tools that sup- port preventive care, chronic care management and care coordination. Pivot Labs will collaborate with businesses across the healthcare industry — including pharmaceutical companies, medical device manufacturers, payers and providers — to scale ideas for digital health products throughout the de- velopment lifecycle. This describes the path a product takes from conception to rolling out to providers and patients in a clinical environment. "Disruptive ideas in healthcare often lack access to expertise and testbeds for validation," Kamal Jethwani, MD, senior director of Pivot Labs, said in a news release. "I strongly believe that the foundation we are building for clinical re- search, design and data science for the patient experience can rapidly acceler- ate the adoption of patient-centric innovations in healthcare." n