Transcript

René Lerer, M.D. President, GuideWell

o Serves 15 million people across 14 states with over 5 million in Florida

o $12 billion revenue

o 11,000 employees

o A data warehouse with approximately 45 terabytes of data

o Significant available capital

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Health Insurance Business

Shift to value-based world

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o  Fee-for-service: volume based

o  Independent practices practicing independently, often in silos

o  Limited clinical integration & information sharing

o  Reactive “sick-care”

o  Aligned incentives via value-based contracts across multiple products

o  Common governance & shared data

o  Emphasis on wellness, prevention & population health management

o  Proactive “health care”

o  Integrated & aligned partners that unlock the value of the partnership

o  Division of responsibilities to each party based on who’s best positioned to serve the patient

o  Next-generation insurance products with unique value propositions & patient experience

What are the benefits?

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o  Create value from clinical integration and physician acquisitions

o  Better access to longitudinal data & real time information on patient populations

o  Less “mother-may-I” care management

o  Better financial alignment with payors and less zero-sum gain negotiations

What hospitals expect

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o  Reduced bad debt from patient liability

o  Solutions that reduce the number of Floridians without insurance coverage

o  Ambulatory care services (rad, lab, surg) in-migration vs. out-migration

o  Support to transition from volume to value

o  Serve as patient’s health care quarterback in a model that makes it financially viable to do so

o  Improved cost and quality data to make more informed referral decisions for patients

o  Reduced bad debt from patient liability

What physicians expect

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o  Less “mother-may-I” care management

o  Technology and back-office solutions that allow the option for practices to remain independent in an industry that is rapidly consolidating

o  More patient time and less administrative hassle

o  Support with coding and documentation for accurate risk adjustment and STARs performance

o  Leverage provider partners with feet on the street, multidisciplinary care management models for high-risk patients

o  Engaged primary care partners and select specialists to serve as the patient’s medical home

o  Mitigation of unit cost pressure

What payors expect

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o  Less provider consolidation for the wrong reasons / price arbitrage

o  Delivery partners able to turn their data into patient-specific action for STARs scores

o  Launch next-generation insurance products/solutions that leverage the value of accountable care

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Physician-Centered Value-Based Care

Accountable Care Organizations (ACOs) with Major Health System

Using data as an asset: To power accountable care Data transparency provided in a variety of formats:

Daily o  Inpatient Census Reporting (Admissions &

Discharges for Attributed Members)

Monthly o  Attribution Reports o  Care Gaps o  Attributed Member Participation in DM/CM

Programs o  Raw Claims for Attributed Members

(Medical & Pharmacy) o  Various Utilization Reports (ER, Inpatient,

GDR, No Visits, High Dollar, New Members)

Quarterly o  PMPM Financial Performance Reporting o  Quality Metric Performance Reporting o  Additional Member Level Reports (Chronic vs.

Other Quality Metric and PMPM Performance)

What we are looking for in a partner

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Our ACO progress and results…

o  Industry consolidation: Hospitals, Physicians and Payors –  What is the impact to the consumer?

o  A rapidly growing B2C world where consumers’ expectations are very different than employers’

–  How do we meet their needs ?

o  The role of: –  Telehealth and remote monitoring –  Retail health: CVS, Walgreens, Walmart, Target, etc. –  Digital engagement, navigation and decision support

o  Where does disruptive innovation come from and can the establishment disrupt itself?

o  ACO structures –  Hospital vs. non-hospital led ACOs

Open issues for the Industry

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