Ronald Reagan Building | Washington, DC | September 19, 2017
The Future of Health Care: Unlocking & Supporting Value
As far back as the introduction of the HMO, the US health care system has been trying to find ways to incentivize high-value care and discourage low-value care. In this breakfast briefing, Bloomberg convenes health care sector CEOs, government, and thought leaders to discuss how escalating health care costs and the growing financial burden facing many patients are demanding greater acceleration of the move toward a value-driven health care system.
Unlocking and supporting value
As far back as the introduction of the HMO, the US health care system has been trying to find ways to incentivize high-value care and discourage low-value care. That trend has accelerated in recent years with the advent of novel tools for generating and assessing data on value, broader payer and provider engagement in value-based reimbursement models, and now, outcomes- and performance-based payment arrangements for biopharmaceuticals.
In this breakfast briefing, Bloomberg convenes health care sector CEOs, government, and thought leaders to discuss how escalating health care costs and the growing financial burden facing many patients are demanding greater acceleration of the move toward a value-driven health care system. We will explore how organizations are working together across the health care ecosystem to find and reward value, what needs to be done to create an infrastructure that can support value-driven care, as well as look at what’s being done to keep momentum amid changing policy.
September 19 - Tuesday
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Speaker
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Stephen J. Ubl
President & CEO, Pharmaceutical Research and Manufacturers of America (PhRMA)
Registration and Networking Breakfast
Collaborating on High-Value Care and Treatment
CEOs discuss the case for clearing the path toward a value-driven health care system, including evolving current infrastructure to support it. How can players across the health care system interact and change how care and treatment are paid for with a focus on rewarding what works for patients, and what technology, methods, regulations, and metrics are needed to capture and analyze information that will keep the movement toward value-driven care moving forward.
Moderator
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David Gura
Co-anchor, "Bloomberg Markets Americas" & "Bloomberg Surveillance", Bloomberg
Speakers
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Delos M. Cosgrove
Chief Executive Officer & President, Cleveland Clinic
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Stefano Pessina
Executive Vice Chairman & Chief Executive Officer, Walgreens Boots Alliance
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Ian C. Read
Chairman of the Board & Chief Executive Officer, Pfizer
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Gary M. Reedy Gary M. Reedy
Chief Executive Officer, American Cancer Society, Inc.
How it works
Executives from a pharmaceutical company and a health care payer company, that are currently partnering on a value-based contract, share insights on how care and treatment are paid for with a focus on rewarding what works for patients. This discussion will focus on how these companies are innovating away from the traditional volume-based payment model to improve outcomes for patients, manage costs, and invest in better treatments for the future.
Moderator
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Drew Armstrong
Senior Editor, U.S. Health Care, Bloomberg
Speakers
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Joaquin Duato
Executive Vice President and Chairman, Pharmaceuticals, Johnson & Johnson
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Harold L. Paz
Executive Vice President and Chief Medical Officer, Aetna
Driving Progress
Policy changes will continue to challenge the way the health care industry operates. In this fireside chat, we will explore how the system can insure that it continues to move towards value and is not held back while adjusting to these changes, and look to define what can be done to increase dynamism and drive progress in healthcare through partnerships, pilot programs, and funding initiatives.
Moderator
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Anna Edney
Health Regulation Reporter, Bloomberg
Speakers
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Amy P. Abernethy, M.D., Ph.D.
Principal Deputy Commissioner of Food and Drugs, FDA
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Mark McClellan
Robert J. Margolis Professor of Business, Medicine, and Policy & Director, Duke-Margolis Center for Health Policy at Duke University
Event Concludes
Speakers
Mark McClellan
Robert J. Margolis Professor of Business, Medicine, and Policy & Director Duke-Margolis Center for Health Policy at Duke UniversityAmy P. Abernethy, M.D., Ph.D.
Principal Deputy Commissioner of Food and Drugs FDAAnna Edney
Health Regulation Reporter BloombergHarold L. Paz
Executive Vice President and Chief Medical Officer AetnaJoaquin Duato
Executive Vice President and Chairman, Pharmaceuticals Johnson & JohnsonDrew Armstrong
Senior Editor, U.S. Health Care BloombergGary M. Reedy Gary M. Reedy
Chief Executive Officer American Cancer Society, Inc.Ian C. Read
Chairman of the Board & Chief Executive Officer PfizerStefano Pessina
Executive Vice Chairman & Chief Executive Officer Walgreens Boots AllianceDavid Gura
Co-anchor, "Bloomberg Markets Americas" & "Bloomberg Surveillance" BloombergStephen J. Ubl
President & CEO Pharmaceutical Research and Manufacturers of America (PhRMA)Delos M. Cosgrove
Chief Executive Officer & President Cleveland ClinicBiopharmaceutical innovation is advancing faster than ever before, and we need to make sure we have a payment and reimbursement system that is as innovative as the medicines. That is why the biopharmaceutical industry launched The Value Collaborative to bring researchers, caregivers, patients, payers and policymakers together to advance solutions that will enable the private sector to lead the move toward a value driven health care system.