Medical Experts Discuss State of Healthcare in NJ
President & CEO of the New Jersey Hospital Association, Betsy Ryan, and Larry Downs, CEO, Medical Society of New Jersey, talk about the state of healthcare in NJ and the New Jersey Healthcare Executive Leadership Academy, created in partnership with Seton Hall University. Ryan and Downs hope the Academy will change the way future leaders in the industry manage medical practices, hospital operations and insurance.
"I don't get tired of that opening. It's really great. Welcome to State of Affairs. I'm Steve Adubato. Coming to you from the Agnes Varis NJTV Studio in beautiful downtown Newark, New Jersey. It is my pleasure to introduce two very special friends of this series. Betsy Ryan, who is president of the New Jersey Hospital Association, and Larry Downs, CEO of the Medical Society of New Jersey. Thank you so much for joining us. Big picture healthcare hospitals. But before we talk ACA, what may or may not be going down in Washington, its impact on those of us in New Jersey, repeal, replace, who knows? But there is a new initiative that has just started. I read about it in some of the trades. It's called the New Jersey Healthcare Executive Leadership Academy. Two of you are part of the organizations. What is it? Why does it matter? So we're... the Medical Society and the Hospital Association have partnered with the Association of Health Plans to create a leadership academy to bring together the emerging leaders in each industry in a shared learning collaborative. I think the goal is to break down the barriers that exist between us naturally. We fight a lot in Trenton, and we wanted to bring together and have some shared learning leadership, and work on a very important issue to the state of New Jersey. Larry, Seton Hall University is involved in this, correct? Yes. Seton Hall is our academic partner. Again, we're trying to bring together three pretty disparate industries that are encased in the healthcare industry. So physicians who are providing care on the ground facilities, the hospitals, long term care facilities, and then insurers who are paying for the care. And so play this out for a second. So these healthcare executives come together, and I saw the list, and by the way, go online, people can go online and find out who these folks are, but they're healthcare executives from all different arenas, right? They go through this academy, they're trained by healthcare executives and professionals, they come out as better leaders, how does that impact the rest of us? I think the most promise we have is to be able to build relationships where relationships don't currently exist. Our hope is... What do you mean they don't exist? Our hope is after the completion of this academy, folks will have relationships to the point where they can... a doctor can pick up the phone and call healthcare executives to work through a problem, call..."