There is “a massive opportunity for healthcare systems to reshape their economics as they see declining reimbursement on the inpatient side,” said Frank Williams, CEO Evolent Health.
Frank Williams joined Pat Salber (@docweighsin) at the 2014 HealthBeat conference in San Francisco. Frank is the CEO of Evolent Health, a fast growing company that helps hospital systems make the transformation from volume-based care (aka fee-for-service) to value-based care (payments incentivize improved clinical and financial outcomes).
According to their website, “Evolent Health helps progressive health care systems lead, build and own the path to value-based care.” This means developing and implementing strategies for both clinical and financial transformation.
But getting the job done can be daunting – it means new revenue models, new ways of working with physicians and delivering care, expertise and technology to manage populations, and more. Evolent provides consulting, their proprietary technology and feet on the ground (they have more than 650 employees) to do the work (together with the systems’ own staff) needed to manage patients (or members if the organization wants to set up its own health plan) in the new environment.
Watch the video to learn more about our conversation with Frank Williams on Evolent Health!
Read the full article on The Doctor Weighs In here: http://thedoctorweighsin.com/transforming-healthcare-frank-williams/.
This video is under BY-ND creative commons.