The future of healthcare systems with Richard Church

The future of healthcare systems with Richard Church 
Podcast by Teleios Collaborative Network; by Chris Comeaux; 10/15/24 
In this conversation, Chris Comeaux interviews Rich Church, the Chief Growth and Strategy Officer of Parkview Health in Ft. Wayne, Indiana.  Chris and Rich discuss the future of nonprofit healthcare systems.  Rich explains that nonprofit systems need to think like for-profit organizations in the future in terms of managing their finances, but the difference lies in how they use their margins to invest back into their communities. Nonprofits use their margins to provide care to those who may not have access otherwise, while for-profits distribute their margins to stockholders.  Rich also emphasizes the importance of innovation and simplification in healthcare, as well as the need for a cultural shift that encourages risk-taking and learning from mistakes.  The conversation explores the importance of preventing high acuity care and keeping patients healthier to bend the cost curve in the long run.