Colin Powell told an audience of healthcare finance professionals that their acknowledgment that healthcare needs reforming will drive that reform forward. Powell addressed the opening session of the Healthcare Financial Management Associations Annual National Institute in San Diego. Touching on his military and diplomatic careers, Powell spoke about the duties of leaders to inspire their subordinates, to give them the training and resources they need to succeed, to reward the good performers and prune the poor ones. The former secretary of state said that healthcare must adopt modern information tools and take it to the extreme, not only to make existing processes run faster, but to completely change the way their organizations do business.
Powell also discussed Revolution Health, a company started by AOL co-founder Steve Case. Powell serves on the board of the Washington-based company, which operates an Internet portal that brings together a patients electronic health records and information about providers and diseases. Powell mentioned that Revolution Health officials have had some discussions with HFMA officials, including its president and chief executive officer, Richard Clarke. An HFMA spokesman said there is no formal relationship between the HFMA and Revolution. HFMA officials are always willing to listen to companies that are doing something interesting in healthcare, spokesman David Opon said.
The conference will continue through Wednesday, June 27. -- by Vince Galloro