The Future of Elder Care

Last weekend I moderated an amazing group of presenters for Harvard Business School ' s 17th Annual Healthcare Conference, debating the future of elder care throughout the world.Discussants wereGeoff Price - Oak Street Health, Chief Operating OfficerSusan Diamond - Humana, President of Home SolutionsNeil Wagle - Devoted Health, Chief Medical Officer We started with a statement of the problem - in many countries such as Japan, the Nordics, Germany, Italy, and the United States, societies are rapidly aging.  Birth rates are declining.   Costs are rising and access to clinicians is becoming more challenging We delved into several major themes - the role of home care, the rise of digital health, and the evolution of financial models that incentivize wellness over sickness.Mayo Clinic is building home hospital capabilities and, later this year, will evaluate these efforts in two sites.   Through this early work, we ' ll learn about the supply chain, telemetry, command center capabilities, staffing, and the characteristics of patients best suited to home hospital care.  All of the panel members agreed that the future belongs to delivering high quality care in the right setting at the right cost.  Medicare Advantage reimbursement models, accountable care organizations, and alternative quality contracts all focus on reducing total medical expense while sustaining quality/safety/patient satisfaction.   If home ...
Source: Life as a Healthcare CIO - Category: Information Technology Source Type: blogs