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Chief Strategy Officers Meet to Address Future of Health Care Systems

Wednesday, April 21, 2010 General News J E 4
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ST. LOUIS, April 20 Chief strategy officers from more than twenty health systems across the U.S. will convene at the Innovator's Studio May 3 -4, 2010 in Chicago, Illinois to address the implications of health care reform and other emerging market forces on health system design. The Innovator's Studio was founded in 2007 by Navvis & Company to provide a unique invitational forum where health executives work collaboratively to foster innovations in health system strategy, leadership and performance.

"The first significant overhaul of our nation's health care system since the introduction of Medicare in the mid-1960s, has health systems deliberating the impact of market and government-led reform initiatives on financing, quality, access, growth and long term survival under the current prevailing business models," said Karen Corrigan, chief strategy officer for Navvis & Company. "The degree of uncertainty is high, prompting some organizations to take a "wait and see" approach in addressing change. This is a risky proposition at best. The more proactive health systems are more likely to shape the environment in their favor."

The May work session for health system chief strategy officers will focus on scenario planning as a method to help healthcare leaders make better decisions in the face of uncertainty. Traditional forecasting techniques fail to predict significant impact when change is turbulent and information limited; insights about the future and transformational ideas come from deep, informed strategic conversations among leaders regarding opportunities and possibilities in a future framed by a confluence of market forces including government-mandated reform, advances in science and technology, an aging population, a recovering economy and more.

"The breadth and depth of knowledge and experience represented by these health system senior strategy executives is significant," said Corrigan. "When they come together in a structured, collaborative and creative environment, the output is phenomenal."

Guest catalysts for the May meeting of the Chief Strategy Officers' Innovator's Studio include Doug Pollei, vice president of Internet Strategy and Corporate Development for IKANO Communications, Inc. a portfolio of Insight Venture Partners NYC (recent investors in Twitter and Yelp); Martyn Howgill, founding executive director of The Institute for Health Technology Studies (InHealth), a Washington, DC-based non-profit foundation that serves as an objective and authoritative source for research, analysis and education about the social and economic impact of medical devices and diagnostics; Linda MacCracken, vice president of product management at Thomson Reuters, a leading source for business intelligence in the health, financial, legal, media and other industries; Saad Allawi, president of Navvis & Company's Performance Transformation practice, which provides counsel, project design and execution support for organizational performance improvement and cost restructuring; and Betty Plevney, founder of Plevney and Company and founding member of the Headwaters Leadership Group, a collaborative of leading consultants in strategic and scenario planning, change processes and process redesign.

For additional information regarding the Chief Strategy Officers' Innovator's Studio, contact Karen Corrigan at kcorrigan@navvisandcompany.com or (757)640-8515.

Navvis & Company(TM) is a management consultancy specializing in competitive market strategy in the health services industry. The firm provides strategic counsel and professional services to health systems, hospitals and physician groups on the development of innovative, market-linked strategies to build future ready health systems, cultivate tomorrow's leaders and strengthen strategic performance. Navvis & Company is headquartered in St. Louis, Missouri with offices in Norfolk, Orlando and Tampa. Learn more at www.navvisandcompany.com.

SOURCE Navvis & Company
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