Becker's Hospital Review

Becker's Hospital Review January 2015

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Save the date! Becker's Hospital Review 6th Annual Meeting — May 7-9, 2015 — Chicago. Please call 800-417-2035 to register. 23 valuation of $9 billion and a long-term partner- ship with Walgreens. Karen Ignagni. Ms. Ignagni leads America's Health Insurance Plans as president and CEO. AHIP, one of the largest healthcare lobbying firms in the nation, was created in 2003 from the merger of the American Association of Health Plans and the Health Insurance Association of America. The organization "advocates for public policies that expand access to affordable healthcare coverage to all Americans through a competitive marketplace that fosters choice, quality and innovation." Ms. Ignagni gained experience through her time spent as president of AAHP, director of the AFL-CIO's department of employee benefits and time in the government as a staff member on the Senate La- bor and Human Resources Committee and HHS. R. Milton Johnson. Mr. Johnson took the reins at Nashville, Tenn.-based Hospital Corporation of America — the second largest for-profit hos- pital company in the nation — in January 2014. He also became chairman of HCA's board of di- rectors on Dec. 31, 2014. Previously, Mr. Johnson was HCA's president and CFO. As its leader, Mr. Johnson oversees HCA's 159 acute-care hospitals and 115 surgery centers spread throughout 20 states and England. HCA performs extremely well financially, as its net income from the third quar- ter of 2014 was up 9 percent, to $9.22 billion, over the net income from the same quarter in 2013. In October 2014, HCA raised its previously issued financial guidance ranges, predicting 2014 rev- enues between $36.5 billion and $37 billion. Charles Kahn III. Mr. Kahn is president and CEO of the Federation of American Hospitals, which represents more than 1,100 investor-owned, for- profit hospitals and health systems. Its members make up about 20 percent of all community hos- pitals. Mr. Kahn took his current role in 2001. He has extensive political and lobbying expertise — in fact, The Hill has named Mr. Khan as one of the top lobbyists for 14 consecutive years. Before join- ing the FAH, he led Health Insurance Association, which eventually merged with AAHP to become AHIP. His political experience dates back to the 1970s when he managed campaigns for former House Speaker Newt Gingrich (R-Ga.). Sister Carol Keehan. Sr. Keehan serves as the ninth president and CEO of the Catholic Health Association of the United States, a role she took on in October 2005. CHA advocates in Congress, the administration, federal agencies and policy orga- nizations for its members. There are more than 600 Catholic hospitals in the U.S. Prior to joining CHA, Sr. Keehan served as chair of the board of Ascension Health's Sacred Heart Health System in Pensacola, Fla. CHA, a voluntary membership association, represents Catholic healthcare orga- nizations in every state and is the national leader- ship organization of the Catholic health ministry. Richard Kronick, PhD. In August 2013, Dr. Kronick was named director of the Agency for Healthcare Research and Quality, a part of HHS. AHRQ's mission is to produce evidence to make healthcare safer, of higher quality and more ac- cessible and affordable. The AHRQ serves several purposes, including creating patient safety tools and working with other organizations on evaluat- ing the meaningful use program. Under the PPA- CA, the AHRQ is charged with investing in and developing patient-centered outcomes research. Before joining the AHRQ, Dr. Kronick oversaw the Office of Health Policy within HHS. Dr. Kro- nick is a published author and co-author of a pro- posal for universal health coverage in the U.S. Dr. Kronick holds a PhD in political science from the University of Rochester (N.Y.). Kevin Lofton. Mr. Lofton has led Englewood, Colo.-based Catholic Health Initiatives since 2003. CHI, one of the largest nonprofit health systems in the country based on number of acute- care hospitals, generated revenues of almost $13.9 billion in its fiscal 2014, provided $910 million in charity care and community benefit and has $21.8 billion in total assets. The system operates in 18 states and has 105 hospitals, including 30 critical access hospitals and three academic health cen- ters. Not only does Mr. Lofton lead CHI, but he is also active in the American Hospital Associa- tion and served as chairman of the AHA board in 2007. He holds a master's degree in health admin- istration from Georgia State University in Atlanta. James Madara, MD. Dr. Madara serves as executive vice president and CEO of the nation's oldest and largest physician group, the American Medical As- sociation. He took the job in July 2011 and in 2012 he unveiled a new, three-pronged strategic focus for the AMA: improving health outcomes, accel- erating change in medical education, and profes- sional satisfaction and practice sustainability. The AMA wields great influence in the healthcare in- dustry, achieving more than 85 state legislative and regulatory victories in 2013 while experiencing its third consecutive year of membership growth. Be- fore taking the helm at the AMA, Dr. Madara was CEO of the University of Chicago Medical Cen- ter and previously served as senior advisor with Leavitt Partners. He is a pathologist and expert on cell biology and gastrointestinal disease. Robert McDonald, MBA. In July 2014, the U.S. Senate confirmed Mr. McDonald as the Secretary of Veterans Affairs. Mr. McDonald attended The United States Military Academy at West Point, served in the Army for five years and earned an MBA from Salt Lake City-based University of Utah. After that, he joined Procter & Gamble, where he rose from an entry-level position to chairman, president and CEO. Now as secretary of the VA, Mr. McDonald is tasked with fixing a broken health system, within which many hos- pitals falsified records and covered up treatment delays for the nation's veterans. In his short time as VA secretary, he has already started making changes, announcing plans to fire about 1,000 workers over the capacity scandal, including the head of the VA hospital in Phoenix. Larry Merlo. As president and CEO of CVS Health, Mr. Merlo leads a company with annual revenues of $127 billion, nearly 8,000 retail phar- macies and 900 walk-in medical clinics. He joined CVS/pharmacy in 1990 and eventually became president and CEO of CVS Health in 2011. Under his leadership, the system has taken giant strides in the healthcare landscape: It now has clinical af- filiations with more than 40 hospitals and health systems around the country, through which CVS provides patients with access to clinical support, medication counseling, chronic disease monitor- ing and wellness programs. Additionally, CVS started work on improving population health, eliminating tobacco products from its stores in October 2014 and switching to an Epic EHR sys- tem in its retail clinics to better connect and coor- dinate with provider organizations. John Noseworthy, MD. The Mayo Clinic in Roch- ester, Minn., is regarded as the No. 1 hospital in the nation, according to U.S. News & World Report, and its president and CEO is Dr. Noseworthy. He has led the system since 2009 after he served as chair of its department of neurology. Throughout his career as CEO, Mayo Clinic has made great strides in healthcare innovation and improving care qual- ity. For instance, in 2013, Dr. Noseworthy launched Mayo's $5 billion, 20-year Destination Medical Center initiative to make its Rochester home a global medical hub. In 2014, the system partnered with IBM to pilot IBM's Watson technology to match patients more quickly with clinical trials. Margaret O'Kane. Ms. O'Kane is the founder and president of the National Committee for Qual- ity Assurance, a private, nonprofit organization formed in 1990. The NCQA accredits health plans in every state, Washington, D.C., and Puerto Rico that cover 109 million Americans. To become ac- credited, health plans face a set of more than 60 standards and report on performance in more than 40 areas. Under Ms. O'Kane's leadership, 85 per- cent of new marketplace health plans chose NCQA as their accreditor in 2013. Additionally, the NCQA accredits patient-centered medical homes and has granted PCMH Recognition to nearly 7,000 prac- tices from 2008 through 2013. Ms. O'Kane was the 2012 recipient of the Gail L. Warden Leadership Excellence Award from the National Center for Healthcare Leadership. She holds a master's degree in health administration and planning from Johns Hopkins University in Baltimore. President Barack Obama. President Obama is arguably the most powerful politician in the U.S. and is certainly one of the most powerful people in the healthcare industry. He was the driving force behind the Patient Protection and Afford- able Care Act, signing it into law in 2010. The PPACA, also known as Obamacare, changed the American healthcare landscape forever, establish- ing accountable care organizations, value-based purchasing, bundled payments, readmission pen- alties and increased healthcare insurance cover- age. However, the future of President Obama's brainchild is in jeopardy, as the Supreme Court agreed to hear a case that could invalidate health insurance subsidies, a major part of the law. Re- gardless, the PPACA has already started the shift from volume- to value-based care in the U.S. Larry Page. The technology giant Google has en- tered into healthcare in a big way under the leader- ship of Larry Page, its CEO and co-founder. Fortune has called Mr. Page the most ambitious CEO of the universe, and lately his ambitions seem focused on upending the healthcare industry. One of the first

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