Health Systems Innovation Lunchtime Seminar Series: Matt Mullaney, MBA '03

December 5, 2019, 11:45am-1pm, E62-346, RSVP

How Value-Based Care Could Save or Destroy the Foundation of Primary Care for Low Income Americans

Federally Qualified Health Centers (FQHCs) are the foundation of health care for low income populations in the United States.  Health centers provide care to 1-in-3 persons living in poverty in the U.S., and 1-in-6 Medicaid beneficiaries.  They provide high quality care and lower total cost of care than other primary care settings.  Like many providers, however, health centers rely on per visit, fee-for-service (FFS) payment for almost all of their revenue.  The market trend known as “value-based care” seeks to overcome payment impediments to population health by paying per person for health and health outcomes rather than per visit.  In 2017, 34% of U.S. health care payments were made in some type of value-based care arrangements.  

Are health centers ready to participate in value-based care?  Community Care Cooperative was formed as a health center governed ACO, and like its participating health centers, is a 501(c)(3) non-profit organization.  This talk focuses on how health centers are threatened by value-based and how they could thrive in it, and how we are overcoming the limitations of our non-profit status to capitalize the organization to take risk and to grow.

Matt Mullaney is the Chief Finance and Strategy Officer for Community Care Cooperative (C3), an ACO governed by 18 Federally Qualified Health Centers. Matt has more than 25 years’ experience leading strategy, business development, operations, and finance functions in insurance, provider, biotech, and venture capital organizations including Community Care Cooperative, Harvard Pilgrim Health Care, Seniorlink, and The Boston Consulting Group. Matt grew up in Boise, Idaho, and now lives in Needham, Mass. He loved his time at MIT Sloan (MBA 2003) and earned a BA in History and Literature on the other side of Cambridge at Harvard.

Lunch will be provided. Please RSVP