Radio Advisory Advisory Board
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Radio Advisory is your weekly download on how to untangle healthcare's most pressing challenges, powered by 40 years of Advisory Board research.
Whether it's workforce shortages, industry disruptors, or health equity strategy, we're here to help. Host and seasoned researcher Rachel (Rae) Woods talks with industry experts to equip you with knowledge to confront today’s unanswered questions in healthcare. New episodes drop every Tuesday. | www.advisory.com
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200: Why 2024 is a make-or-break year for corporate medical groups
In the last five years, the health care industry has seen an explosion of corporate ownership over medical groups. It's been relatively smooth sailing for many of these groups so far—but in 2024, they may face the same challenges as incumbents.
In this episode, host Rachel (Rae) Woods invites Advisory Board physician experts Sarah Roller and Eliza Dailey to discuss why 2024 will be a make-or-break year for corporate medical groups, and what that means for the rest of the industry.
Links:
Bold predictions for healthcare in 2024
What you need to know about rising medical group consolidation
Physician employment is changing. What does that mean for the industry?
Ep. 198: PE firm General Catalyst is buying a hospital — here's our take
Use Advisory Board's Clinician Supply Profiler to see how physician supply in your market compares to others.
Register for Advisory Board's Clinical Innovation Summit and learn about sponsorship opportunities.
Learn more about Advisory Board Fellowship.
A transcript of this episode as well as more information and resources can be found on radioadvisory.advisory.com. -
199: Why can't providers and plans just get along?
Producers' note: We know a lot of organizations have been and are being affected by the major cyberattack of Change Healthcare systems and resulting outages. We won't be addressing it in this episode, but if you have questions or are looking for more information please go to https://www.unitedhealthgroup.com/changehealthcarecyberresponse.
The relationship between health plans and providers has always included an element of friction, but lately, it seems like the temperature is rising. And you've probably noticed – public contracting disputes increased by 69% between 2022 and 2023.
That's why, in this episode, host Abby Burns invites Advisory Board experts Max Hakanson and Eileen Fennell to discuss why the state of affairs seems to be getting worse, how key flashpoints are fanning the flames, and what each stakeholder says they need to see from their partners in order to mend the relationship. Plus, Advisory Board digital health expert Ty Aderhold makes a cameo appearance to help answer the question: Is AI the solution here?
Links:
7 things we want to fix in 2024 (and how to get there)
A new era of payer-provider relationships
The new era of provider enablement
AI in healthcare: Insights from 10 C-suite executives
2024 Raising the Value Bar Summit
A transcript of this episode as well as more information and resources can be found on radioadvisory.advisory.com. -
198: PE firm General Catalyst is buying a hospital — here's our take
Corporate entities like health plans, retail companies, and PE firms have aggregated large, diverse portfolios of care delivery assets over the past decade – with one notable exception: no one was buying hospitals.
But in January, venture capital firm General Catalyst bucked that trend and announced its intent to acquire Summa Health, a 3-hospital health system in northeastern Ohio. What are they thinking? And what could this mean for the industry?
In this episode, host Rachel (Rae) Woods and co-host Abby Burns invite Advisory Board's health system expert Vidal Seegobin to unpack the details of the story, interpret General Catalyst's ambition, and share what they'll be watching in the coming months.
Links:
Radio Advisory's financial impact playlist
Survey insights: 6 priorities for health system strategists in 2024
Ep. 193: Is health system growth still possible?
Ep. 123: Is private equity health care's bad guy?
The Hospital Benchmark Generator
Improving detection of ATTR-CM: Insights from experts
A transcript of this episode as well as more information and resources can be found on radioadvisory.advisory.com. -
197: Lessons from the C-Suite: Demystifying generative AI with Dr. John Halamka, President of Mayo Clinic Platform
Artificial intelligence has been rocking industries across the world, and healthcare is no exception. But what impact will it have exactly on physicians? Health systems? Data sovereignty?
In this episode, host Rachel (Rae) Woods passes the microphone to Eric Larsen, President Emeritus of Advisory Board and President of TowerBrook Advisors. In this conversation, Eric sits down with Dr. John Halamka, President of the Mayo Clinic Platform, to demystify how the industry should think about generative AI across all of healthcare.
Links:
Ep. 185: AI adoption: why you can't afford to "wait and see"
Ep. 180: Tom Lawry on why AI has a PR problem
Lessons from the C-suite
AI in healthcare: Insights from 10 C-suite executives
Learn more about Advisory Board Sponsorship
Learn more about Advisory Board's 2024 Revolutions in Specialty Care Summit
A transcript of this episode as well as more information and resources can be found on radioadvisory.advisory.com. -
196: The future of surgery (no, it's not just robots)
Headlines about the future of surgery often focus on robots in the operating room– but innovation in surgical care and operations goes beyond robotics. In reality, the solutions to surgery leaders' problems – like inefficiency and dwindling margins – may be less futuristic than you'd think.
In this episode, host Rachel (Rae) Woods invites Advisory Board experts Isis Monteiro, Miles Cottier, and Paul Trigonoplos to discuss what is next for the future of surgery, and what it will actually take for health systems to make surgical care profitable again. They discuss innovations in the OR, opportunities to improve efficiency, and why it might be time to think differently about the future of surgery.
Links:
Mentioned in the interview (15:00): Open source code that optimizes operating room efficiency
Ep. 142: The dire state of hospital finances (Part 1: Hospital of the Future series)
Ep. 193: Is health system growth still possible?
General surgery service line outlook – 2023
[Webinar on Feb. 27] How health systems are preparing for the future of surgery
Use the Market Scenario Planner tool
Learn more about Advisory Board's 2024 Revolutions in Specialty Care Summit
A transcript of this episode as well as more information and resources can be found on radioadvisory.advisory.com. -
195: Site-of-care shifts: It's time to go on offense
The data doesn't lie: site-of-care shifts are accelerating. Health systems rely on surgical volumes as a major revenue driver, but as more procedures take place outside of the hospital, systems are not necessarily positioned to capture the shift in volumes – or revenues. So, what should health systems do?
To answer that question, host Abby Burns talks with Advisory Board experts Nick Hula and Sebastian Beckmann. They discuss why health systems need to transition from a "defensive" to "offensive" approach to capture shifting volumes and identify service- and market-level factors systems should consider when putting this mindset shift into action.
Links:
Site-of-care shifts: The next savings opportunity for health plans?
Ep. 193: Is health system growth still possible?
5 trends (re)shaping site-of-care shifts
What's happening with joint replacement volumes?
Learn more about Advisory Board's on-demand courses
Learn more about the Advisory Board Fellowship at: advisory.com/fellowship
A transcript of this episode as well as more information and resources can be found on radioadvisory.advisory.com.
Customer Reviews
Loved episode 121!!
Really loved the experts in 121! Need to bring back Tara
Diluted value
Bloated delivery of industry truisms and corporate speak packaged as insight, constantly interrupted by the host’s pointless, agreeable interjections.
Interesting podcast and subject matters covered
Love the podcast and the subjects you cover. Just listened to episode 125 and the perspectives on nursing