COVID; Why the Economics of Healthcare Will Never Be the Same | Laura Glenn | TEDxTraverseCity

As a leader in a community health system, Laura talks about how the COVID 19 pandemic has affected the economics of healthcare. Laura Glenn joined Munson Healthcare as the Vice President of the Physician Network in December, 2017. In July, 2019 her role expanded and she was appointed the President of Ambulatory Services and Value Based Care. In this role, she remains responsible for integration of the employed and aligned physician practices across the system. In addition, she is responsible for advancing population health strategies including the Munson Clinical Integration Network and other value based payment models as well as providing leadership to the home health division, MHC’s clinical service lines and clinical business intelligence.

Prior to joining Munson, Laura served as the Senior Vice President & Executive Director of Beaumont Health Physician Partners. In this role, she had responsibility for the integrated Beaumont Medical Group which was comprised of approximately 1,000 employed physicians and 200 advanced practice providers across the 8 Beaumont Health Hospitals and over 180 ambulatory sites across Southeast Michigan. In addition, she was responsible for physician compensation and contracting and led the implementation of the system’s strategies around value based payment models. Laura joined Beaumont Health System as an administrative intern in 2004 and served in numerous leadership roles during her tenure.

[JogBird]

the fact that americans call it the healthcare 'industry' is the problem

[rudig]

Let’s all recommend this video in 10 years from now, then we can check the information and reflect on it 🤓

[ARasputinaFan]

I work in a community MHC and I understand where she's going with the nonprofit thing at the beginning, but then she lost me. Most of our income is from government supported insurance, and now patients don't have to pay copays and insurances aren't paying what they used to before COVID. It's sad, you can't afford to pay the employees you have enough to keep them and now they will be laid off.... The salon I work at part time is also seeing a decrease in income/clients. CARES funding is gone and there is no more help coming. I wish I knew what the future holds...

[TwoGrainsOfGold]

She said things I’ve already figured out for myself living here in this country! If you’re covered by an HMO place that Kaiser that profits from NOT providing services, then they’ll NOT give you services with the excuse that they focus on “preventative care”. If you’re at a regular “fee for service” doctors office with that kind of PPO plan, you’ll get upselled like you’re at a car mechanic! Bottom line: Take care of your *own* physical and mental health. As the Jim Caviezel character John Reese says in Person of Interest “In the end, you’re alone, and no one is coming to save you.”

[practicemedia]

'Healthcare Industry" read Healthcare mafia/cartel

[ricks]

I haven't been to a doctor in 20 years. Thank you salad greens and exercise

[cutlsenc]

The most important decision you make every day is what you put into your body. And, the result is either very costly, or not. Until we change the types of things we eat, nothing will get easier or less expensive. McDonald’s (ie Corp America) is killing America.

[happyg.]

When you sign up on Medicaid, they will claim all your assets and property when you die. So don't have anything in your name. Experiencing this right now. Look up " Medicaid Estate Recovery".
How ironic that this came out today as I am in the midst of dealing with family hardship because of this very system at the moment.

[rickbartley]

This talk dances around the core issue, Healthcare providers want to maintain infrastructure and staff while providing less in delivered services and be paid the same or more than when volumes were higher. In other words, get paid more for line item services. Maybe there should be more shared infrastructure? Perhaps an imaging center or surgical center should be shared by multiple providers in a geography instead of every provider maintaininging their own? Why is healthcare so much more affordable in other countries. Family members and I are ordering some long term medications for chronic issues from India or Europe with cash for much less than we can purchase them here, even with our prescription insurance. Very sad statement for the US healthcare system.

[jameskulevich]

Let’s put down the Cinnabon, shut off Netflix, get down on the floor and start stretching your body. Start a basic exercise program. Take care of yourself, America...

[julieeanderson]

Thanks a lot for making such a wonderful video. I’m looking forward to more informative posts further, and I wish you all the best.

[andrewgonzales]

I’ve worked in COVID testing and I’ve had to take and pass an economics course (it was at the AP level, and that was my choice) to graduate. I’ve tried to integrate knowledge in my career, and this also involves a decision making process based on rational choice theory when I have worked in these positions.

[Menozification]

Seeing shift in response from our doctors. 3 week's for blood work responce even when they say they have results. No call back after 3 calls. No response for bp med renewal now going on 1 week no callback to change supplier from Acme to Wallgreens. Going to run out. Called 2 times no response. Covid. Whats going on?

[stevehain]

America:
UK: 😂😂😂😂😂 NHS, sorted. Free healthcare for all, properly coordinated without profiteering.

[bulletnutz]

Nice vid! 0-1 dead per day and 1-2 new people per day in to ICU care in Sweden right now - no lockdown, no maskes, no closed schools, no panic, no fearmongering, no wrecked economy, no evictions - just buisness as usual👍

[d.glasby]

My question would be, isnt this what doctors and specialists are already doing and were doing precovid? Where are the future savings coming from? If you continue to download services to one lower level, or direct more people to urgent care, those positions will begin require additional education and training, - which has many valuable benefits for both employer and employee - but also an expectation of higher compensation. And are there not already urgent care, centres, and little clinics in grocery stores?

I'm not entirely sure what value reimbursement is, but it almost sounded like "we aren't doing as much but want the same money because we weren't charging you enough in the first place. '

[HarbindBrar]

Damn, this lady is packing some serious HEAT. Look at those guns. 💪🏻

[foursite]

So why not let nurse practitioners work independently in each state? This will help decrease your cost of care delivery in primary care and psych. Good job to the state of

[beenright]

If efficiency and quality are improved, what is being cut to make that happen? If funding isn't increasing, where are the resources being taken to improve efficiency and quality? Especially since those are often competing goals.

[Teeeheehaha]

The problem is greedy hospital administration and middle men in the form of pharmacy benefit managers and insurance companies. The most important problem is obesity in America and people not wanting to make lifestyle and diet changes