Last week I participated in a panel for Biz Now, a meeting with real estate brokers, developers and others from the local real estate community and some healthcare leaders. Also on the panel with me from healthcare was Bonnie Phipps, President and CEO of St. Agnes Hospital. The topic for discussion was healthcare real estate. The discussion was lively and centered on the changing healthcare real estate needs as they relate to healthcare reform, the affordable care act, accountable care organizations and value-based purchasing.
I raised the point that it’s a problem that the business community doesn't understand the dilemma of our national healthcare system. I explained that our country’s need for healthcare reform really has nothing to do with politics. Whether you’re a fiscal conservative or a wide eyed liberal you should be concerned that we’re spending 40% more on healthcare than any other country. And, the business community should be demanding reform regardless of whether or not they are for or against the affordable care act. To fight against reform is absurd, especially when healthcare impacts businesses just as much as individuals.
We went on to talk about the playing field and the fact that some Maryland hospitals get higher prices than others, but that with insurance exchanges and the notion of restricted networks, this is starting to change. We also explored the concepts of the GBMC transformation and our focus on the patient centered medical home as the fundamental building block of the healthcare system.
As I talked about GBMC’s transformation I was extremely proud when Bonnie Phipps told the audience that GBMC is way out in front in the evolution to accountable care organizations and with our work developing the patient centered medical home model. This was really nice to hear and is important for everyone at GBMC to know…
The business community is slowly waking up to the need to demand greater value for their healthcare dollar and this panel discussion was a great exchange of information. I was glad to have had the opportunity to educate these real estate professionals about the changing tide of national healthcare and GBMC’s role in creating a value-driven system. I believe that there are a few more business leaders who now see a new roadmap for change and their role in designing a new and better system.