Moving Forward
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Special Advertising Supplement MOVING HEALTH CARE FORWARD Today’s CEO Mindset 4 Nashville Health Care Reach is Wide, Diverse 12 Rising Stars: Meet 3 Bright, Young Leaders 28 HEALTHCARE EXPERTISE. FROM THE INSIDE OUT. We are fortunate to be part of a large, diverse healthcare community known for its innovative and collaborative CONGRATULATIONS spirit. Some of the world’s greatest NASHVILLE HEALTH CARE COUNCIL ON thinkers and doers promote what we at Parallon and HealthTrust have known for decades—collaboration drives success. We are proud to support the WONDERFUL YEARS WE’RE PROUD TO BE A PART Nashville Health Care Council and its e orts to bring insights and solutions to healthcare. Leading Providers of Healthcare Business and Operational Services Revenue Cycle Services | Workforce Solutions | Technology Solutions | Consulting Supply Chain and Group Purchasing by HealthTrust 855-478-7255 | parallon.com | healthtrustpg.com HEALTH CARE MOVINGSpecial Advertising Supplement FORWARD TABLE OF CONTENTS LEGACY IMPACT Celebrating 20 Years of Serving Health Care............02 The CEO Mindset .....................................................04 How Council member CEOs view the economy, By Bill Gracey business growth and healthcare industry trends. Council Board Chairman President and CEO, Healthcare Happens Here .......................................08 BlueCross BlueShield of Tennessee Healthcare is Nashville’s largest and fastest growing industry, according the latest economic impact study completed by the Nashville Health Care Council and Middle Tennessee State University in August 2015. Nashville’s Expertise Will Lead the Nation’s Health Care Into the Future ....................................06 By Former Sen. Bill Frist, M.D. History of Healthcare in Nashviile .........................10 FUTURE A timeline of the major milestones since 1968. Finding Solutions to Healthcare’s Nashville Health Care Council Greatest Challenges ................................................22 Member Directory ....................................................32 The Nashville Health Care Council Fellows initiative engages, educates and fosters leadership among those Nashville Health Care Council who will carry the industry forward. Board of Directors 2015 -16 ....................................35 Leadership Health Care Grows 60% in 5 Years ....26 With nearly 1,000 members representing over 350 companies, Leadership Health Care is the premiere organization for emerging industry leaders. Membership is open to all motivated emerging healthcare leaders in BEYOND NASHVILLE Nashville and nationwide. Nashville Health Care Reach is Wide, Diverse......................................................................12 The city is home to multiple healthcare industry sectors, including senior living, ambulatory services, behavioral health, technology and hospital management, all of which collaborate and innovate in a manner that establishes Nashville as a global hub for healthcare advancement. Nashville’s Tech, Innovation Improving Care Across the Country .................................................16 With a connected network of business leaders and access Rising Stars..............................................................28 to capital, Nashville companies Meet three of Nashville’s brightest young leaders in are making health care better healthcare: An entrepreneur bringing more transparency throughout the nation—one app, to the industry; an admired CEO leading a fast-growing electronic health record and fertility operation; and a technology guru who can’t wait clinical trial at a time. for healthcare consumerism to arrive. NASHVILLE HEALTH CARE COUNCIL N1 HEALTH CARE MOVINGSpecial Advertising Supplement FORWARD Legacy Celebrating 20 Years of Serving Health Care his year, the Nashville Health Care an opportunity to learn from the high Council celebrates 20 years of concentration of their peers in the area. T serving our city’s dynamic health care None of this happened overnight, of community. In my role as Council board course. Nashville’s identity as the national chairman, I am excited to join industry leaders leader in health care is rooted in its across the country in honoring this milestone tremendous legacy, unmatched by our peers and the tremendous legacy Nashville’s health in terms of size, impact and infl uence. Those care pioneers have created. early leaders shaped today’s health care The scope and infl uence of Nashville’s system, and in doing so, turned Nashville from William M. Gracey health care industry is profound. With nearly “Music City” into America’s health care hub. President and CEO, 300 Council member organizations employing This unique entrepreneurism continued BlueCross Blue Shield of Tennessee more than 628,000 people globally, this city with the founding of the Council in 1995, truly stands alone in its impact on our nation’s ( establishing a gathering place to foster health care system. some of the industry’s most important conversations. Today, the Council works not only to strengthen Nashville’s position as the The Council unites an nation’s health care capital, but also to fortify extraordinary collection it, by playing a prominent role in developing of leaders, from yesterday, the next generation of industry leaders. today and tomorrow, The Council unites an extraordinary collection of leaders, from yesterday, today working collaboratively and tomorrow, working collaboratively toward a better health toward a better health care system. Healthier care system. communities, higher quality care and lower costs — those are the industry’s goals. Nashville is where we achieve them. ( More remarkable to me, however, is the collaborative spirit and entrepreneurial William M. (Bill) Gracey is president and environment I witness fi rsthand among CEO of BlueCross BlueShield of Tennessee, Nashville’s health care organizations. The overseeing operations of the company’s interconnectedness of the community—in government and commercial business units. He addition to a shared understanding that has spent most of his 37-year career as a leader the health care industry requires constant in the health care industry in Tennessee. He adaptation—has created a diverse assembly was announced board chairman of the Nashville of leaders from health care organizations Health Care Council in July 2015. of all sizes, all of whom still appreciate N2 NASHVILLE HEALTH CARE COUNCIL Care for communities from the home of health care. Community Health Systems is proud to be a vital health resource in cities and towns across the U.S. We’re also proud to call Nashville our home. As a member of the Nashville Health Care Council, we join with other leading health care comp anies in the quest for quality, innovation, and a strong health care system. Because we know what we do in Nashville can improve the quality of life in every community we serve. Congratulations to the Nashville Health Care Council on 20 years of service. www.chs.net >P[O HMÄSPH[LKOVZWP[HSZZLY]PUNJVTT\UP[PLZPU Z[H[LZ CHS and Community Health Systems are trademarks/tradenames of CHSPSC, LLC which provides management services to aliates of Community Health Systems, Inc. 15mh0410.pdf RunDate: 08/24/15 Full Page Color: 4/C HEALTH CARE MOVINGSpecial Advertising Supplement FORWARD The CEO Mindset The healthcare industry’s future is bright, according to Council member CEOs. A Bureau of Economic Analysis survey asked CEOs of Council member organizations about their confi dence in current and future economic conditions. The results paint a positive picture: 79% 50% 95% of Council member CEOs of Council member of Council member CEOs expect the Nashville companies expect their indicate that a Nashville economy to improve organization to grow presence is important in 2015 organically in 2015 to their business Of CEOs who expect fi nancial gains in the healthcare Which health care sectors promise growth? industry, here are the primary reasons for their optimism: Other Increase in marketReduction demand in operating costs New technologyPartnerships and innovationImproved and consolidation regulatory environment Increase in price of services or products Not expected to have an increase in fi nancial gains “95% of Council member CEOs know that a Nashville location is important to their business. As the health care industry transforms, there are tremendous opportunities for innovation and investment, particularly here in Nashville. The Council fosters a collaborative environment so we can move the industry forward.” – Wayne T. Smith, Chairman and CEO, Community Health Systems N4 NASHVILLE HEALTH CARE COUNCIL . OF TENNESSEE, FOR building healthier communities. Inc., an Independent Licensee of the BlueCross BlueShield Association ©BlueCross BlueShield of Tennessee, BlueCross supports over 270 organizations dedicated to creating a better, healthier state. Investing over $14 million annually and impacting hundreds of thousands of Tennesseans. BlueCross BlueShield of Tennessee is for Tennessee. Learn more about our community impact programs at BetterTennessee.com BetterTennessee.com 15mh0404.pdf RunDate: 08/24/15 Full Page Color: 4/C HEALTH CARE MOVINGSpecial Advertising Supplement FORWARD Legacy Nashville’s Expertise Will Lead the Nation’s Health Care Into the Future am constantly inspired by the sheer volume infl uencers in the health care world, inspiring of creativity in Nashville, much of which is collaboration and disruptive innovation among I channeled toward shaping a smarter, more the group. This year’s