The JP Morgan Healthcare Conference took place this week in San Francisco. While most of the updates you’ll find from this conference focus on public, private-equity backed and venture-backed companies, the nonprofit track of the conference focuses on hospitals — and there were some pretty interesting and consistent takeaways.
During the conference, CEOs and CFOs from over 20 major healthcare delivery systems presented for 30 minutes each. Organizations include Downers Grove, Ill.-based Advocate Health Care, Milwaukee-based Aurora Health Care, Dallas-based Baylor Scott & White Health, Cleveland Clinic, Danville, Pa.-based Geisinger Health System, Salt Lake City-based Intermountain Healthcare, Chicago-based Northwestern Medicine, Boston-based Partners HealthCare, Nashville, Tenn.-based Vanderbilt University Medical Center and University of Wisconsin Health, based in Madison. Clearly an impressive and important group of players.
As stated by many at the conference many times, perhaps what was most remarkable was the consistency in strategy. In other words, health systems know what they want to and need to do. From this point forward, it’s all about execution.