|[February 05, 2013]
Huron Consulting Group Releases Huron Healthcare Report Providing Perspectives from Leading Hospital Executives on Industry Issues for 2013
CHICAGO --(Business Wire)--
Huron Consulting Group (NASDAQ: HURN), a leading provider of business
consulting services, today announced the release of a new Huron
Healthcare report entitled, "Inventing the Future of Healthcare: Top
CEOs on the Real Work of Transforming the Healthcare Industry, Insights
from the Huron Healthcare CEO Forum."
The report provides perspectives from more than 30 executives of the
leading hospital, health system and academic medical centers who
participated in the third annual Huron
Healthcare CEO Forum. At the Forum, the CEOs discussed the most
pressing challenges, greatest opportunities, and strategies for
maintaining high performance in 2013 and beyond.
"Today's healthcare market is incredibly dynamic and this industry has
experienced unparalleled change in the past few years," said Gordon
Mountford, executive vice president, Huron
Healthcare. "CEOs shared their thoughts and perspectives on the
current and future state of the healthcare industry, as well as their
strategies for coping with the current environment and adapting new ways
to thrive. Their commitment to making improvements in the quality and
affordability of care in this country is admirable."
Key issues discussed by the CEOs at the Forum and featured
in the report include:
1) Transitioning Organizational Focus and Capabilities to Move from
Volume to Value: The transition to value-based care delivery will
require significant changes in culture, capabilities, and business
"Everyone must work on changing their culture as we move from
fee-for-service to value-based payment models. It's like moving from our
success on the first curve to where we land on the second curve. The key
question is, how do you retain focus on core competencies for success
while stimulating progress " - Dan Wolterman, president & CEO,
Memorial Hermann Healthcare System
2) Lowering Costs while Improving Quality: Significantly reducing
costs allows organizations to make the capital investments needed to
shift to value-based approaches. One area of exploration is new business
models that hold the promise of lowering costs while improving quality.
"We know that incentives will soon begin to reward value-based and
accountable care. A few organizations are aggressively trying to manage
the health of the populations they serve because it's the right thing to
do. In the not too distant future, it is going to be impeative. It is
extremely challenging work." - Patrick Charmel, president & CEO,
Griffin Health Services Corporation
3) New Approaches to Care Delivery and Patient Relationships: A
more patient-centered approach to care delivery with a broad focus on
wellness will be imperative in a post-reform landscape.
"We are working on driving clinical quality up through primary care.
Patient access to primary care physicians is crucial. In addition to the
clinical benefits, patient satisfaction goes way up when patients have
easy access to their primary care physician." - David Bernd, CEO,
Sentara Healthcare, CEO Forum Co-Chair
4) Stakeholder Alignment: Organizations well-positioned to thrive
will align economic and clinical efforts across the entire continuum of
care with all stakeholders - from physicians to board members to
patients to frontline staff. These stakeholders will all benefit from
the common goals of quality, efficiency and cost reduction.
"Doctors want to be connected; the challenge is to get strategic
alignment. That's the culture shift that needs to happen over time - and
it's a tough one." - Michael Dowling, president & CEO, North
Shore-LIJ Health System, and Huron Healthcare CEO Forum Chair
5) Leading and Engaging Stakeholders: The list of initiatives
under way - quality, cost-effectiveness, cost reduction initiatives,
performance improvement goals, workforce optimization, etc. - in
hospitals at any one time can overwhelm stakeholders. The key to
engaging and leading stakeholders involves setting clear priorities and
making sure the organization stays focused on those priorities.
"You can't do it all. You can't say 'Our number one priority is…' and
then list five things. We build our stakeholder messages around
patient-centeredness. We fit everything we're doing under that umbrella.
It gives us the ability to help the organization feel there is not too
much going on, when clearly there is too much going on." - David
Feinberg, CEO & associate vice chancellor, UCLA Hospital System and
Attendees at the Huron
Healthcare CEO Forum represented a broad range of organizations,
from larger multi-hospital systems to academic medical centers to
smaller community hospitals, and across urban and rural communities.
Huron Healthcare's CEO
Forum report also shares valuable insights on transformative
leadership and innovation from the more than 30 CEO attendees, and from
top business leaders, Keith Banks, president of U.S. Trust, Bank of
America Private Wealth Management; Stanley M. Bergman, chairman and CEO,
Henry Schein, Inc.; and Philippe Dauman, president and CEO of Viacom (News - Alert) Inc.
"As they continue to thoughtfully lead through the complexity and
uncertainty of today's post-reform environment, hospital CEOs are truly
shaping the future of healthcare by improving the quality and
affordability of care delivery," said Dr.
Andy Ziskind, managing director and Clinical
solutions leader, Huron
Inventing the Future of Healthcare: Top CEOs on the Real Work of
Transforming the Healthcare Industry, Insights from the Huron Healthcare
CEO Forum is available for download at www.HealthcareCEOForum.com.
About Huron Healthcare
Healthcare partners with clients to provide comprehensive
performance improvement solutions that improve quality, increase
revenue, reduce expenses, and increase physician, patient, and employee
satisfaction across the healthcare enterprise. Clients include national
and regional integrated healthcare systems, leading academic medical
centers, community hospitals and physician practices. Modern
Healthcare ranked Huron Healthcare third on its 2012 list of the
largest healthcare management consulting firms. Learn more at www.huronconsultinggroup.com/healthcare
or follow us on Twitter (News - Alert): @Huron.
About Huron Consulting Group
Huron Consulting Group helps clients in diverse industries improve
performance, comply with complex regulations, reduce costs, recover from
distress, leverage technology, and stimulate growth. The Company teams
with its clients to deliver sustainable and measurable results. Huron
provides services to a wide variety of both financially sound and
distressed organizations, including healthcare organizations, Fortune
500 companies, leading academic institutions, medium-sized businesses,
and the law firms that represent these various organizations. Learn more
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