Thursday, June 13, 2013
For
New Doctors: The New Commencementarians
Commencementarian
– A person accomplished in the practice
of new beginnings
I dreamt last night
I gave a commencement talk before graduating medical students.
Here is what I had to say.
You are about to enter a brave new medical world convulsed by
health reform. As a person who has
tracked health reform over the last 30
years, here is what you can expect.
It will be a new world, full of new beginnings.
Consolidation
–
You can expect to work for an organization,
either as an employee or as its leader. For the most part, hospitals or “integrated healthcare
organizations” will own these organizations.
You will will be expected to comply within the organization’s
rules. You will be expected to comply
with government regulations. You will be
expected to be creative in making the organization more efficient, more patient-oriented, safer, and more competitive with a larger
market share. By 2015, these large organizations will own 75% of
physician practices, for only large
organizations will have the capital,
resources, and technologies to function
in the new reform environment.
Coordination
- You can expect
to hear a lot about “coordination” and to be an integral part of “coordinated, “ integrated,” and “aligned”
organizational activities. These
activities will revolve around providing more comprehensive, essential,
accountable, and measurable practices
focusing on prevention, genesis,
genomics, and treatment of chronic disease. You can expect that “big data” will be used to measure the
success of these activities. As W.
Edwards Deming (1900-1993), the father of modern statistics, declaimed, “ In
God we trust, all others bring data.”
You will be expected to follow protocols, guidelines, and
algorithms. If you are a primary care
physician, you will be expected to lead
the clinical team, to be knowledgeable in “population health,” and to be skilled in health information technologies.
Commentarianism
- If you belong to an independent maverick, entrepreneurial, risk-taking subgroup, you will be expected to provide
cost-lowering,
convenience-generating, disruptive-producing
ideas that change practice and the
status quo as we now know it. If your ideas have mass applications, your ideas can be expected to attract venture
capitalists. You can expect most of these
ideas will involve information
technologies, to lend themselves to finger clicks and flicks of your fellow
physicians and healthcare entrepreneurs. Many of these innovations or apps will fall within
the realm of telemedicine, monitoring
patients outside the hospital, creating
new virtual doctor-patient communications
not requiring the physical presence
of either party, and in new payment mechanisms, such as concierge
practices, cash-only arrangements, and bundled-payments, outside the reach of private and government
third parties.
Tweet: This
year’s medical school graduates can expect a Brave New World, with consolidation, coordination, and entrepreneurship as main
themes.
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