Forbes December 6, 2019
In a conversation about value-based care and cost containment at the 2019 Forbes Healthcare Summit, three health executives agreed the policy Medicare-For-All jeopardizes the ability to provide health care for everyone. Panelists, Michael Dowling, President & Chief Executive Officer, Northwell Health, Laurie H. Glimcher, M.D., President & Chief Executive Officer, Dana-Farber Cancer Institute and Farzad Mostashari, Founder and CEO of Aledade described the financial gymnastics and negotiations needed to ensure privately and publicly-insured patients have equal access to care, particularly when up to 64% of revenues from public payers are non-negotiable. According to Mostashari, “Commercial payers help close cost gaps and support the financial short falls incurred by public insurance. What happens if commercial insurance goes away?” In the absence...
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