Changes in the model and delivery of health care and its potential impact on businesses and their employees will take center stage Thursday, Sept. 20, at the latest seminar presented by The Daily News.
“The Business of Health Care,” moderated by The Daily News publisher Eric Barnes, will begin at 3:30 p.m. in the auditorium of the Memphis Brooks Museum of Art, 1934 Poplar Ave.
A panel of local experts will participate in an in-depth discussion about the health care industry, including challenges, opportunities and the outlook through 2013.
Panelists for the event are Susan Berry-Buckley, president and CEO of Lifeblood; Denise Burke, an attorney with Butler, Snow, O’Mara, Stevens & Cannada PLLC; and Kevin M. Spiegel, CEO and administrator at Methodist University Hospital.
The seminar’s keynote speaker will be Dr. Michael Lachina, chief medical officer at Saint Francis Healthcare of Memphis and Bartlett, who practiced as a pediatrician for more than two decades before transitioning to health care administration.
“The central theme, since I’m really staying on top of the transformational changes in our business, is centered around the new model of health care that I feel will continue to evolve throughout this decade,” said Lachina, who completed his undergraduate work and medical school at the University of Alabama, and holds a Master of Medical Management degree from Tulane University School of Public Health and Tropical Medicine.
He will discuss the ways in which the new model has become instrumental in driving business decisions for health care organizations.
“The new model is going to be a very different approach to delivering health care and getting paid in a different way, and that’s very much pertinent to talking about the business of health care,” said Lachina, who previously worked at Baptist Health System of East Tennessee in Knoxville and FirstHealth of the Carolinas in Pinehurst, N.C., before joining Saint Francis Healthcare.
Lachina said he will present a brief review of past, present and predicted models of health care in the United States.
“I thought this was going to be a five- or 10-year journey, but I’m seeing these changes happen much quicker, which is really surprising for health care,” he said. “We’re traditionally very slow to change.”
The seminar discussion will touch on the impact of the Affordable Care Act and the Supreme Court’s ruling on health care reform.
“I’m going to stress what’s called the ‘Three Points of the Iron Triangle,’ the cost, quality and access piece,” Lachina said. “The Affordable Care Act is really about that, and I think those three things pretty much encompass what we’re going to be challenged with: how to best manage the cost, improve quality and ensure access. It’s an oversimplification, but it’s really the essence of the Affordable Care Act.”
As for the panelists, Berry-Buckley leads Lifeblood, a regional, nonprofit, volunteer blood center that each year supplies more than 100,000 units of blood to and blood products for patient transfusion.
Burke specializes in the areas of health care law, regulatory compliance counsel and advice, and government investigations.
And Spiegel, board-certified in health care administration and a fellow in the American College of Healthcare Executives, has served as administrator and CEO of Methodist University Hospital in the Memphis Medical District since 2008.
Horne LLC and Butler Snow are sponsors of Thursday’s seminar.
The next seminar presented by The Daily News will be its “Commercial Real Estate Review & Forecast” Nov. 1, which will examine how commercial real estate has fared during 2012 and a preview of industry expectations for 2013.
To register for upcoming seminars, visit seminars.memphisdailynews.com.