Exploring the Digital Transformation of Healthcare
Payer perspectives on how technology and innovation will help achieve more affordable and higher quality healthcare
The U.S. healthcare industry is poised to undergo a significant transformation. Spending on healthcare has outpaced inflation and economic growth for many years, yet quality still lags on many fronts. This discussion will explore a few of the key trends that are helping drive the changing landscape including: unsustainable costs; the need for better patient information to support the coordination of care; creation of a consumer marketplace through public and private health insurance exchanges; movement from a fee for service reimbursement model for doctors and hospitals to an incentive based reimbursement model; and the need to more effectively engage a consumer in the management of their health.
The discussion will provide a perspective on how payers are reacting to these trends by leveraging a balance of technology and innovation to drive growth in the emerging consumer marketplace; transform business processes and analytics to support incentive based reimbursement; and leveraging an integrated patient health record, artificial intelligence and other decision-support tools to drive better patient outcomes. Finally a key to successfully improving quality and reducing cost is having an engaged consumer or caregiver and we will discuss some uses of mobile, social, medical devices and emerging technologies that will simplify and personalize the way in which that will be achieved in alignment with an individual patient’s needs.
Please note! At the event, we also hope to help connect entrepreneurs to the marketplace and give you open access to Lori Beer to ask her those questions you can’t find the answer to on any website. To help accomplish this, we are going to select 3 start-ups to give their 60 second pitch at the end of the event and get direct feedback from Lori Beer herself. If you would like to pitch, please answer a couple of quick questions here
Lori Beer is currently the Managing Director of L. A. Beer & Associates, which provides strategic advisory services to the healthcare and technology industries. Key areas of focus include helping growth stage companies define a strategic approach and execution plan to scale; enabling companies to drive growth in new markets; and leveraging new technologies and innovation to help transform business models.
Ms. Beer has more than 20 years of technology and related business experience, including more than 15 years at WellPoint. She has a proven track record of driving innovation, maximizing technology investments and delivering cost-efficiency.
Ms. Beer was executive vice president of Specialty Businesses and Information Technology for WellPoint, Inc. She was responsible for a $10 billion business unit which included WellPoint’s Specialty Products, including dental, vision, life, disability and workers’ compensation, and it’s consumer-centric business 1-800 CONTACTS; Federal Government Solutions; WellPoint’s research subsidiary, HealthCore; Information Technology; Information Management, and technology-driven innovation. Ms. Beer was responsible for developing the first commercial health care applications of IBM’s Watson technology, which is expected to help improve the delivery of quality, evidence-based health care to millions of Americans.
Ms. Beer served as executive vice president of WellPoint’s Enterprise Business Services, which included the company's operations, technology, real estate, information management, vendor partnerships, and strategic projects. In this role, she was responsible for driving the business, technology and service solutions to deliver innovative health care products and services to the more than 33 million members of the company's health plans. She led more than 50 percent of WellPoint’s associates and managed a portfolio exceeding $3 billion.
Ms. Beer was featured in MITSloan Management Review, The Digital Transformation of Healthcare, April 2013; Fortune Magazine’s Leadership Series, An Insurer’s High-Tech Reboot, September 2012; was named a Computerworld 2011 Premier 100 IT Leader and was the 2011 National Association for Female Executives Women of Excellence Health Care Champion.
Ms. Beer serves on the board of directors for Vantiv Inc., a payment processing and technology solutions provider. She earned a bachelor of science degree in computer science from the University of Dayton.