Healthcare Finance News’ Post

The program is years ahead of schedule.

This week, we're analyzing the latest updates on Risant Health, the nonprofit health system created by Kaiser Permanente in April 2023. Kaiser announced its Q2 earnings, closely followed by unveiling new plans for North Carolina-based Cone Health.    If you missed our previous post about Risant Health, catch up here: https://lnkd.in/eWgfXAXT   Our three things that matter:    1. Risant’s decision to acquire Geisinger in March of this year indicates strong returns. Kaiser reported $7.4B in first-quarter income, with about $4.6B attributed to a non-recurring operating gain from the acquisition. Additionally, experts posit that the acquisition is accelerating Kaiser’s performance and operations. The company’s financial reports parallel this theory: in the second quarter, Kaiser’s operating margin rose to 3.1%, up from 2.9% during the same time last year.    2. Kaiser is establishing a strong foothold in value-based care across diverse markets, particularly as it seeks to revolutionize healthcare delivery and access. Risant’s acquisition of Cone Health is expected to be finalized in early 2025, pending regulatory approval. This marks the second major acquisition for Risant, following Geisinger. While the immediate financial impact on Kaiser’s bottom line may be limited due to its size, the acquisitions create a strategic pathway for Kaiser to establish itself as a leader in the value-based care sector.    3. Risant plans to invest $1B in Cone Heath over the next five years, underscoring Kaiser’s commitment to this venture and the potential long-term impact of this substantial capital infusion. The investments will focus on facility upgrades and health equity initiatives. Additionally, the allocation of up to $400 million for integration into the network and $300 million for growth opportunities signals a proactive approach to ensuring Cone Health’s successful assimilation into the Risant ecosystem. As Risant continues to expand its influence in value-based care, what do these developments mean for both patients and other healthcare organizations? Will any challenges arise in integrating these new systems? Source: Healthcare Dive #ro3llc #RisantHealth #KaiserPermanente #ConeHealth #Healthcare #ValueBasedCare

An exciting few days in Colorado! After meeting leaders from Medicare Advantage plans in #RiseWest I look forward to the #NHPCO conference. I will be there to discuss palliative care and hospice with leadership from all over the country. #Epilog is promoting earlier palliative care, at scale, with a digital, patient centric approach. Reach out or meet me in Denver! Epilog Ron Sabar Dan Ariely Tal Shapsa Heiman Or Bar Tal

Refreshing to see how management capacity & capability is proven to be an effective solution for NHS productivity. "research shows that improved management practices in hospitals are associated with significantly lower mortality rates and better financial performance.” At Buckinghamshire Healthcare Trust we are proud and lucky to have been investing in our 3 Peaks management and leadership development programme to support our manager's capacity & capability as best we can to both save money and improve care. #BHT, #Leadership, Elaine Pope FCMI CMgr, Dony Philip, Chris Rusz, Christine K.

We are lucky to have a leader and organization that focuses on making impact! Please listen to this episode, there are many great takeaways!

Great to hear about Sir Keir Starmer’s pledge to bring back the family #GP However clearly no economics to support this With more and more GPs - being made redundant - and wanting to change careers / leave GP So how to make up the quoted 8k GP shortfall? 🤔 Where’s the voices of GPs in this? Do we have enough effective leadership amongst GPs to influence the outcome? We have a lot of GPs interested in our Doctors in Industry Fellowship who recognise that to have a future career with full autonomy - they need to invest in themselves enabling influence at scale and in a non-clinical capacity as a leader - not just one patient at a time. All #doctors are #leaders. Problem is that too many doctors don’t see that in themselves.

The ladder is out, the lattice is in. Executive career advancement inside and across highly matrixed organizations often means moving sideways or diagonally rather than upward. In this new article, Jason Petros and Keshia Harris show how healthcare leaders can navigate the lattice while keeping their eyes on their ultimate goals. #executivecareer #impactfulleadership

Do you have the right mindset to advance your career? My colleagues, Keshia Harris and Jason Petros, share their recommendations to navigate your career path: forget climbing the ladder and start scaling the lattice! Great tips for those in healthcare and other matrixed organizations. #impactfulleadership

moving forward

interesting article and so true!!