Health care leaders continue to face the pressures of predicting, measuring and communicating accurate benefits and threats associated with the shift to value-based agreements. Executives’ ability to ensure success under these agreements requires a predictive outlook that heavily depends on the merging of clinical and financial data, which can be a new and unfamiliar territory for some organizations. Leaders must have an understanding of their strengths and vulnerabilities before they take on risk.
Modern Healthcare Custom Media discussed provider and payer sentiment around the shift to value-based arrangements with executives from Optum Advisory Services, who offered best practices for leaders actively considering value-based deals. Their responses provide insight for health care leaders looking to manage risk and make the right decisions when considering a potential agreement.
Jeremiah Reuter, ASA, MAAA, MS
Vice President, Optum Advisory Services
Jeremiah Reuter’s primary career focus has been in the area of U.S. health care consulting for providers. Jeremiah assists provider organizations in identifying and managing risk and is also currently consulting with health care providers as they continue to expand their risk portfolios.
Greg Warren, FSA, MAAA, FCA
Senior Vice President, Risk Management and Growth Advisory, and Chief Actuary, Optum Advisory Services
Greg Warren has worked as a health care actuary for nearly 25 years, providing strategic and financial risk guidance to payers, providers and employers in the public and private health care markets.