Sg2 Perspectives

Ventas - Healthcare Real Estate

Two industry leaders from Ventas: Margie McHugh, Senior Vice President of Advisory Services, and Shane Seitz, Senior Investment Officer, join me to discuss trends in healthcare real estate including the shifting profile of investors, new types of investments, and forcing health system executives to answer the question "are you in the real estate business?"

Show Notes:

[01:28] How real estate is shifting in the health care industry.

[06:02] The evolution and ‘retailization’ of health care.

[09:04] Discussing the complexities of health care real estate.

[12:14] New types of investments and the investor profile.

[15:48] Changing demographics and understanding how it impacts real estate.

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Cardiovascular Trends

Chad Giese, Associate Principal, Cardiovascular, Sg2 and Josh Aaker, PhD, Director, Cardiovascular, Sg2

Our cardiovascular service line leaders, Chad and Josh, talk about a few of the trends our members are asking about most frequently including procedural shift to outpatient settings, learnings from bundles, challenges managing heart failure patients and advances in structural heart programs. 

Read more from Chad and Josh on our blog

Sg2 members can tap into more CV resources at intel.Sg2.com.

Show Notes:

[02:35] Three big takeaways about the future of CV care.

[05:36] The benefits and challenges of the hospital-to-ambulatory shift.

[10:01] What’s next for BPCI advanced.

[14:22] The difficulty in managing congestive heart failure.

[21:02] Guidelines and the future of structural heart.

[23:22] Managing volume at multiple hospital organizations.

 

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Women's Health

Karyl Kopaskie, PhD, Senior Director, Women’s Health and Pediatrics, Sg2 and Jeremy Miller, MD, Fellow, Sg2

Our Women's health service line leaders, Karyl and Dr. Miller, discuss and debate how health systems are responding to emerging trends including consumerism, changing preference for wellness visits, as well as modest yet hopeful strides we are making in public health around maternal and infant mortality.  

Read more about these topics on our blog or watch Karyl on YouTube

Sg2 members can tap into more Women's health resources at intel.Sg2.com

Show Notes:

[01:01] Three big takeaways about women’s healthcare.

[01:54] Why patient relationships are changing in women’s healthcare.

[03:32] Aging baby boomers and their outlook on women’s healthcare.

[05:22] Types of goals and perspectives on setting health care goals for building better relationships with female clients.

[08:00] Patient interests - are they aligning with physician interests?

[11:20] The opportunity to link data with consumer preferences and what this information can tell us.

[15:40] America is at the bottom of the list of developed countries for infant mortality.

[17:00] States which are invested can move the needle on maternal mortality.

[17:47] Healthcare organizations need to work in tandem to create a better healthcare setting for lower socioeconomic female patients.

[18:56] Asking women what they think the barriers are to access to health.

[24:09] Virtual setting for high-risk OBGYN clients.

 

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Procedure Sites of the Future

Lisa Slama, PhD, Associate Principal, Intelligence, Sg2 and Amanda Olderog, Senior Director, Orthopedics and Surgery, Sg2

Sg2 experts, Lisa and Amanda, roll up their sleeves and explore the pace and variability of change in sites of care for different procedures across markets. 

You can learn more about this topic by watching Lisa discuss our Impact of Change forecast on YouTube

Sg2 members can read more at intel.Sg2.com.

Show Notes:

[01:02] Where future growth is going to be in terms of procedures for hospitals.

[02:05] Where you can expect to find growth in outpatient procedures.

[03:11] Procedures which will stay in the hospital and procedures which will become outpatient.

[04:22] Status of the physician, how this impacts patient care and the types of ambulatory care centers.

[06:17] Factors which are included in the “perfect migration storm”.

[08:55] Understanding the specifics of a market and how to advise professionals on where to start.

[11:23] Future shifts in orthopedic outpatient procedures.

[13:21] Maintaining profitability and staffing within your practice.

[16:40] Physicians who do not have community partnerships see shifts more slowly.

[20:19] Why academic institutions have additional inefficiencies.

[21:10] Balancing your mission, along with care, which is not as profitable and providing care collaboratively.

[21:06] Patients don’t understand the types of centers they can have procedures.

 

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Innovation

Henry Soch, Principal, Intelligence, Sg2 and Chris Cornue, former Chief Strategy and Chief Innovation Officer, Navicent Health

Chris and Henry share the themes and key takeaways from the Sg2 event "Innovation: Moving From Silos to Scale." They also put the exciting presentations from the event into the broader context of how health systems are pursuing innovation work.

Read more from Henry about how health systems are tackling innovation here

Sg2 members can tap into more innovation resources at intel.Sg2.com.

Show Notes:

[01:26] The context of innovation within healthcare.

[04:11] Why it’s important to have innovation tied to your strategy.

[05:28] Linking strategy with innovation to guide the organization.

[06:13] An example of how innovation isn’t effective in the healthcare industry.

[08:03] Broad aspects of innovation, including removing waste and not falling into the shiny new technology for the sake of technology.

[09:15] Creating change within your organization.

[10:35] Asking the right questions to create change in your organization.

[13:21] Mission-driven industries and the broader mission of curing cancer.

[16:31] How to be impactful when using innovation.

[17:33] Leveraging intellectual property in the life sciences industry.

[19:09] Value-laden change in the healthcare industry.

 

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Grill Bill

Bill Woodson, Senior Principal, Intelligence, Sg2

In the first episode of the new Sg2 podcast, Sg2 Perspectives, we jump right in with thought-leader Bill Woodson to pick his brain about a subject we continue to work with members on: the progress and promise of scale. Consolidation among health care providers continues, but the challenging work of true integration and clinical scale remain, in most cases, as aspirational rather than immediate goals.

We tackle the tough questions:

• How are health systems moving towards the promise of scale?
• What lessons have been learned thus far?
• Could there be an impetus to really accelerate change?

Visit Sg2's blog for more on scale from Bill Woodson.

Sg2 members can read more in our resource kit from the 2019 Executive Summit (login required).

Show Notes:

[01:21] How Bill decided to talk about scale as a feature for this episode.

[02:21] Vision and scale: how does Bill see leaders evolving around the concept of scale.

[03:02] What leaders are saying publicly and behind the curtain about expanding healthcare systems.

[03:47] Problems in healthcare which are solved by scale.

[04:36] The potential for healthcare systems to lower costs in the near future.

[08:23] Two levers which need to be taken to achieve the promise of healthcare.

[10:23] Strategic capital and fixed capital needs of healthcare over the next decade.

[13:21] Creating scale in independent practices and vertical integration.

[17:11] Clinical scale and Bill’s thoughts on execution of clinical scale.

[21:19] Closing thoughts on long-term vision of healthcare and scale.

 

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