51 min
George T. Mathew, MD, MBA, FACP, CMO of the Americas at DXC Technologies A Healthcare Podcast
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- Health & Fitness
What do business processes have to do with medicine? Dr. George T. Mathew, currently on VirtualHealth's advisory board, is a practicing internal medicine physician and business processes expert who has had years of experience navigating the Medicaid space. He explains that in our largely fee-for-service world, health organizations must be profit-focused, even when the providers themselves may only be concerned with their patient's outcomes. As patients begin organizing together for better care and government spending on healthcare balloons to unmanageable levels, value-based care increasingly becomes vital, both for improved outcomes and for cost reductions. Dr. Mathew breaks down the multiple different trends affecting fee-for-service and how approaching medicine with a lens for business processes can help providers balance the shift from business-minded to population-centered practices.
What do business processes have to do with medicine? Dr. George T. Mathew, currently on VirtualHealth's advisory board, is a practicing internal medicine physician and business processes expert who has had years of experience navigating the Medicaid space. He explains that in our largely fee-for-service world, health organizations must be profit-focused, even when the providers themselves may only be concerned with their patient's outcomes. As patients begin organizing together for better care and government spending on healthcare balloons to unmanageable levels, value-based care increasingly becomes vital, both for improved outcomes and for cost reductions. Dr. Mathew breaks down the multiple different trends affecting fee-for-service and how approaching medicine with a lens for business processes can help providers balance the shift from business-minded to population-centered practices.
51 min