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Healthcare symposium gathers academic, government & business leaders at MIT Sloan

Healthcare SymposiumModerator Jay Levine, ECG Management Consultants (far left) with healthcare symposium panel members, from left to right: Retsef Levi, J. Spencer Standish (1945) Professor of Management; Ann Prestipino, SVP of Massachusetts General Hospital; Dr. Kevin Tabb, president and CEO of Beth Israel Deaconess Medical Center; Dr. Jack Cochran, executive director of The Permanente Federation; and Thomas Kochan, George Maverick Bunker Professor of Management

In May, MIT Sloan hosted its first-ever symposium focused on alternative healthcare policy options. Joining the conversation was a diverse range of state government officials (including Governor Deval Patrick), executives from the healthcare and insurance industries, doctors, community leaders, students, faculty, and media.

Discussions explored the structural changes needed to address rising healthcare costs and the role of organization design in delivering affordable, quality care. The title of the symposium, “Collaborating to Control Costs and Deliver Quality: The Role of Organization Design and Capabilities in Healthcare Policy,” spoke to the importance of working together—hospitals, insurers, officials—to find solutions to these pressing challenges.

David Schmittlein, John C Head III Dean, emphasized this point, saying that multiple perspectives “offer a path forward to a place that is patient centered, mission oriented, and financially sustainable.”

A panel discussion featured MIT Sloan Professors Thomas Kochan and Retsef Levi; Dr. Jack Cochran, executive director of The Permanente Federation; Ann Prestipino, SVP of Massachusetts General Hospital; and Dr. Kevin Tabb, president and CEO of Beth Israel Deaconess Medical Center, and was moderated by Jay Levine of ECG Management Consultants. During their conversations, the importance of organizational considerations, population health, and workforce strategies was discussed as these topics relate to issues of healthcare cost, quality, and access.

In his keynote address, Dr. Gary Gottlieb, president and CEO of Partners HealthCare, stressed the importance of rethinking the American healthcare system. “Our vision is to deliver the right care in the right place—in the communities where our patients live,” Gottlieb explained. “We believe better coordination will lead to improved quality and will lower the entire cost of a person’s healthcare needs.”

MIT Sloan was a natural host for this groundbreaking symposium. As then-MIT President Susan Hockfield shared in her opening remarks, there are more than 20 MIT Sloan faculty members and other faculty across the Institute working on healthcare-related research. “We have a very deep commitment to using the Institute’s resources and our distinctive strengths to solve really hard problems in service to the nation and the world,” she said. “The opportunities for strategic collaborations across a wide range of disciplines are enormous.”

To see videos of the symposium, click here.