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Wednesday, October 1, 2014

11:10 a.m. - 12:10 p.m.
Track: Health Care View Track

THE MISSED OPPORTUNITIES OF NARROW NETWORKS

Michael McMillan, Executive Director, Market and Network Services, CLEVELAND CLINIC
Scott Wallace, Visiting Professor, Family and Community Medicine, DARTMOUTH’S GEISEL SCHOOL OF MEDICINE

ObamaCare has accelerated the formation of narrow networks. Health plans, seeking to offer the lowest cost options to subscribers, have touted narrow networks as a low-cost option that doesn’t sacrifice quality. But are they delivering on this promise? In this session, value-based health care delivery expert Prof. Scott Wallace of Dartmouth’s Geisel Medical School and Michael McMillan, Executive Director, Market and Network Services at The Cleveland Clinic,will delve into the pros and cons of narrow networks and explore strategies that can allow value to triumph. Drawing on case examples of companies that shifted to value-based care models, including Lowe's, Boeing and PepsiCo, they will look at how to rethink narrow networks and seize on the so far missed opportunity of plans and employers who contract direct contract to improve value – better health outcomes for employees and lower costs for employees and employers.

 

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