Thank you steve. Good afternoon everybody. Welcome to our dc members and or guests. It is wonderful to be here at the Detroit Economic Club. Organization is long attracted some of the nation his most distinguished thinkers and innovators. It is my privilege to introduce todays participants. Well engage us to the capitated rating discussion about the future of healthcare. The may begin by introducing our guest speakers, someone who ive known for monday years and consider him a mentor and a friend. Scott promises the president and ceo of the Blue Cross Blue Shield Association National federation the source 36 independent communitybased and locally operated Blue Cross Blue Shield companies. Including Blue Cross Blue Shield of michigan. The Blue Cross Blue Shield system through his federation of insurers, covers one out of every three americans. I think this is the very important statistic. What else does this frankly. It serves every zip code in the united states. In every zip code in ame
Decade, peloton tracking lower thats straight ahead. Stephanie is back. Some encouraging signs on the economy particularly in housing. We talk about this endlessly about the consumer being strong, manufacturing being weak really benefiting from low Interest Rates home sales at a 32 month high. Thats impressive. The other thing is nasdaq is up. This is where the momentum is in our economy. People are wondersing about the consumer i think its a very good sign. I own dr horton, home depot, stanley, black and decker. Im in this trade for sure dr horton is the home builder. We were talking about valuations youre talking about 12 times earnings, one and a half times book value i think theres a lot of pent up demand especially if rates stay low. You have the whole new generation, millennials starting to buy more. S p and dow down 0. 1 russell and nasdaq down more lets go to the ipos we went to peloton wild week for Companies Looking to go public and some names have already recently hit the ma
Instead of having your Diabetic Management Program happen through Insurance Company x, it is now happening through Venture Capital backed technology organizational wide. For hospitals and providers area and, i mean, an example of a disruptors telemedicine. Finding the opportunity, if you are a telemedicine organization to say we know individuals are not getting as much primary care, or at least lets say in that moment of need, it is 2 00 a. M. , child wakes up crying, you know, holding the ear. The telemedicine organization would say we are going to disrupt by not just assuming that persons should go person should go to the emergency room at 2 30 a. M. They can use their smart phone to patch into a physician who, with some information, can look through the phone, possibly prescribe an antibiotic to help the child because of a probable ear infection. Those are a couple of examples. I think it is disrupting in both ways. I understand the impact. I guess the word is weird to me. But anywa
This conversation with the Bipartisan Policy Center lasts about 45 minutes. Good morning and thank you for joining us for this live discussion on the state of Mental Health in the u. S. According to the most recent data from the nih or more thn 57 million americans are living with a Mental Illness. Thats just over one and five. Despite its prevalence the can remain out of sight. For too many, stigma, and despite medical advances far too often it is left untreated. This week we saw senator John Fetterman return to work on capitol hill after being hospitalized for depression. His candid remarks about the experience restates praise from his colleagues and the public. Reminded us of the toll Mental Illness can take and the stigma that continues to be attached to it. This is not a political issue. It is not defined by your point of view of where you live. At the Bipartisan Policy Center this is one of the many issues we focus on. We publish detailed reports with policy recommendations on a
Payment model. And transitioning from a fee for service to a value based reimbursement system. This event was hosted by the National Institute for Healthcare Management foundation. Its about two hours. Good afternoon. So wed like to go ahead and get started. Im nancy chockley. President and ceo of foundation and im just dlieded to welcome you all here today. We have an incredible panel of business and policy leaders. They come at the problems from different perspective. But one unifying theme between all of them is their concern for what rising healthcare costs do to americans. And the need to increase value in our Healthcare System. So each of them will present their own ideas of how to increase value or how they are increasing value in the Healthcare System. A nonprofit nonpartisan organization. And we believe by bringing people together with different perspectives, we can improve healthcare through evidence and collaboration. We have a wonderful audience today. I recognize some of y