Overview
As the year end approaches, hospital and health system executives and their governing boards would do well to examine the lessons learned over the course of this unprecedented year. On this episode of the Governing Health podcast, we examine various aspects of the impact of the pandemic from the corporate healthcare point of view. McDermott Will & Emery healthcare governance partner Michael Peregrine engages in a year end retrospective with top healthcare strategist Ken Kaufman, co-founder, Managing Director and Chair of Kaufman Hall, regarding where the healthcare system stands right now, the challenges it’s likely to face in the coming year and suggestions on how to navigate those challenges, including:
- The value of revisiting statistics and identifying lessons learned from initial COVID-19 responses
- Insights into the role of healthcare boards in the evolution of mitigation strategies and the distribution of a COVID-19 vaccine
- Lessons learned from initial actions regarding elective surgeries
- The impact of the pandemic on previously competitive hospitals as well as with big tech companies
- Which transformational aspects of telehealth will be implemented and funded in a post-COVID-19 environment
- The likelihood of a corporate response to the COVID-19 pandemic regarding business resiliency and reimagining the healthcare system
- Changes to the board-management relationship and the expectation of board members speaking out on social justice issues
- Consequential actions that need to be taken regarding underperforming boards
- Governance elements that have the potential to change with the Biden-Harris administration
