Archive for the ‘CMIO Role Definition’ Category

Anthem CEO Joseph Swedish to retire

Icon Written by Alex on November 3, 2017 – 9:16 pm

Joseph Swedish is retiring from his post as CEO of Anthem, the second-largest health insurer in the nation.  Swedish will be succeeded by Gail Boudreaux, the former CEO of UnitedHealth Group’s insurance arm.   The leadership shift has been in the works for a year, Swedish said, and the company plans to make the announcement Monday. It […]

Delivery system reform hampers ACO progress on risk-based contracts

Icon Written by Alex on October 16, 2017 – 9:54 am

Accountable-care organizations are participating more and more in risk-based contracts, but that progress has been stalled by sluggish care-delivery changes, a new survey suggests. Roughly 50% of ACOs are involved in at least one downside risk contract, such as shared savings and capitation contracts, according to a Leavitt Partners and National Association of ACOs report recently published […]

Hawaii Medicaid waiver seeks reimbursement for helping house the homeless

Icon Written by Alex on October 2, 2017 – 6:40 pm

Hawaii has asked the CMS to help it care for chronically homeless people more efficiently by addressing a major social determinant of health: housing. The state’s waiver asks for federal reimbursement for Hawaii’s efforts to help homeless Medicaid recipients find and maintain housing. Both states and providers are looking for new ways to address social issues that […]

Cleveland Clinic names new CEO

Icon Written by Alex on September 5, 2017 – 12:24 pm

The Cleveland Clinic has named Dr. Tomislav “Tom” Mihaljevic as the health system’s next president and CEO. Mihaljevic, now CEO of Cleveland Clinic Abu Dhabi and one of the Clinic’s prized cardiothoracic surgeons, will start Jan. 1, 2018

Ascension to acquire Presence Health

Icon Written by Alex on August 27, 2017 – 12:08 pm

Chicago-based Presence Health has signed a letter of intent to merge into Ascension, combining the largest Catholic-sponsored healthcare system in Illinois with the nation’s largest Catholic health system, the companies announced Tuesday. If the deal is completed, 12-hospital Presence will be owned by Ascension but operate in a joint venture called Amita Health that Ascension […]

Cardinal Health profit declines as generic drug prices deflate

Icon Written by Alex on August 3, 2017 – 7:41 pm

Cardinal Health reported an 18% drop in earnings in its fourth quarter, driven by dwindling generic drug prices, the company said Wednesday. The Dublin, Ohio-based pharmaceutical and medical products distributor saw its earnings fall to $274 million for the quarter ended June 30, down from $333 million from the same period the year before. Revenue […]

Peter McCanna – Baylor Scott & White in a new leadership position

Icon Written by Alex on July 11, 2017 – 1:01 pm

Peter McCanna – Baylor Scott & White in a new leadership position.  Dallas-based Baylor Scott & White Health has created a new leadership position to be filled by Peter McCanna, the organization announced Monday. McCanna will assume his role as president of the Office of the President in mid-September, taking on some responsibilities of CEO […]

Memorial Hermann’s CEO resigns after less than a year

Icon Written by Alex on June 19, 2017 – 6:50 pm

Memorial Hermann Health System President and CEO Dr. Benjamin Chu resigned to pursue a role in crafting health and public policy, the health system announced Monday. The resignation was effective immediately. Chuck Stokes, executive vice president and chief operating officer, has taken over as interim CEO. Chu landed the top office at the Houston-based health […]

Value-based contracts key to solving U.S. drug pricing ‘crisis’

Icon Written by Alex on June 14, 2017 – 5:45 am

AUSTIN, Texas—Paying for certain high-cost drugs based on the patient outcomes they deliver is becoming increasingly necessary in the face of skyrocketing drug costs in the U.S., the CEOs of a health insurance company and a pharmaceutical giant agreed Thursday. The two industries rarely see eye to eye. Harvard Pilgrim Health Care CEO Eric Schultz […]

Kaiser hits $1 billion operating gain in Q1

Icon Written by Alex on May 15, 2017 – 8:37 pm

Kaiser Permanente Monday posted a record $1 billion operating gain in its first quarter, just days after holding its largest-ever bond offering.The Oakland, Calif.-based health plan and hospital giant eclipsed the $1 billion barrier on revenue of $18.1 billion. That compared with an operating gain of $701 million on revenue of $16.3 billion in the […]