Mercy Health – Lorain and Youngstown Chief Clinical Officer James Kravec, MD, who also serves as the system medical director, Graduate Medical Education for Bon Secours Mercy Health, recently joined health care leaders from around the country to discuss the most pressing health care challenges facing the industry, according to a news release.
Kravec spoke on two panels during the four-day conference – “Physician Alignment and Acquisition Strategies for the Next 5 Years” and “How to Build a Data-Driven Culture and Deliver Value to Inundated Providers.”
This conference also featured keynote addresses from the 43rd U.S. President George W. Bush, and first lady Laura Bush.
The “Physician Alignment and Acquisition Strategies for the Next 5 Years” panel, which was moderated by Scott Becker, JD, founder of Becker’s Healthcare and partner at McGuire Woods LLC, focused on the evolution of physician alignment strategies over time and how health care systems can utilize various blueprints to meet the health care needs of their communities.
Also on the panel were Ronda Lehman, president, Mercy Health – Lima, and Randy Zarin, senior vice president and chief strategy officer, Orthopedics, UTHealth Houston.
“Physician alignment strategies change over time, and they vary by location and the health care demands of that market,” Kravec said in the release. “This has been true in my leadership in Youngstown, Ohio, over the past 10 years and in Lorain, Ohio over the past two years.
“From employing physicians to aligning with independent practices to Accountable Care Organization alignment and back to physician employment, there are many strategies that can be tested and deployed to best meet the needs of a community. There is no one-size-fits-all strategy, and many times, multiple strategies are engaged.
“Graduate medical education programs are the best pipeline to attract and retain top physician talent to a hospital or market.”
During the “How to Build a Data-Driven Culture and Deliver Value to Inundated Providers” panel, Kravec and fellow panelists discussed the essential needs in building a data-driven culture that delivers value and benefits providers who face many demands, the release said.
Panelists also included: Paul Entler, regional chief medical officer, University of Michigan Health; Natasha Mumford, controller, The Rehabilitation Institute of Ohio – Premier Health, Encompass Health; and moderated by Molly Gamble, vice president, Editorial, Becker’s Healthcare.
“Data-driven cultures must have several key components,” Kravec said. “There must be transparency with the data.
“This includes transparency in understanding how tools are measuring information, as well as the intent behind utilizing the data, why it matters and the conversations it fuels. Errors or misunderstandings can arise when data is run with different definitions for the metrics, which ultimately can impact how goals are met or performance is measured.”
The 11th annual Becker’s Healthcare CEO and CFO Roundtable brings together CEOs, CFOs and executives from top hospitals and health systems to address the most pressing issues in healthcare today at this exclusive, world-class event. C-level executives attend for engaging conversations and debate about the best strategies to shape the future of health care.
Learn more about the event at https://conferences.beckershospitalreview.com/ceocfo-2023/3548644.
