On Wednesday, June 17, a packed room of more than 200 Leadership Health Care members heard from Tom Scully, general partner at Welsh, Carson, Anderson & Stowe and chairman of naviHealth. naviHealth provides post-acute care (PAC) management services to more than one million beneficiaries in all regions of the country through partnerships with health plans and health systems.
Scully opened the conversation with an overview of naviHealth’s strategy for managing PAC and the work the company is doing to drive down costs and increase the quality of care. He cited naviHealth’s programs as reducing costs by 18 percent and readmissions by 15 percent, while improving patient satisfaction by 85 percent.
With experience in health care advisory roles for both President George H.W. Bush and President George W. Bush, Scully moved into discussion of health care’s role in the current political scene. He gave his perspective on the positive and negative aspects of the Affordable Care Act and the effect it will have on the 2016 general election.
Lastly, Scully gave his opinion on the current Supreme Court case King v. Burwell and the effects that ruling could have on subsidiary recipients.
Scully is a general partner with Welsh, Carson, Anderson & Stowe, the most active U.S. private equity investor in health care. He served as the administrator of the Centers for Medicare & Medicaid Services (CMS), from 2001 to 2004, where he had an instrumental role in designing and passing Medicare reform and Medicare Part D legislation and in making the vast agency more open and accountable to the public.
This executive briefing is part of ongoing programming for the Council’s Leadership Health Care initiative, offering members insights from national industry and policy leaders in an interactive setting. For more information about Leadership Health Care, visitwww.leadershiphealthcare.com.