Gary Herschman, Member of the Firm, speaks on a panel, “Private Equity & Venture Capital Drivers of Change in Our Health System,” at the Healthcare Leaders of New York’s (HLNY) 6th Annual Mini-Congress.
The traditional boundaries between public, private, and federal health care delivery have become less rigid and more permeable as health care requirements have changed. Gone are the days when a health care system could define its beneficiary population as belonging to its system alone. Patients cross the boundaries between health care systems for reasons such as access, capacity, and cost. Traditionally, this migration between health care systems would be discouraged through financial measures or by threat of disenrollment.
Today, health care systems rely on each other to provide services that they cannot provide for financial, geographical or accessibility reasons. The Veterans Administration and Department of Defense both rely on partnerships with public and private health care systems to provide care to Veterans, Service Members and dependents beyond the capability of the Federal system. Likewise, public and private health care systems enter into affiliation agreements with Federal sector health care systems for academic and research based support.
In this session, participants gain an understanding of the complexities related to documentation of episodes of care, reimbursement for completed care, and information technology challenges; the interoperability and cooperation of public, private, and federal health care systems during natural or manmade disasters; and the future of Public, Private and Federal Healthcare Delivery as it relates to the continued homogenization of their respective patient populations.
For more information and to register, please visit HLNY.org.