Unlock the secrets behind the impact of Certificate of Need (CON) laws on healthcare providers, especially in rural areas, with our special guest, Tom Campanella. Drawing from his extensive experience at Blue Cross and Blue Shield of Ohio, Tom sheds light on the frustrations and inefficacies associated with these regulations. We delve into the critical balance between maintaining an optimal number of healthcare providers and fostering a competitive marketplace. Tom passionately argues that competition is key to driving value-based care and discusses how government regulations can sometimes be more of a hindrance than a help.
Ever wondered how non-compete clauses and NDAs are stifling innovation and patient care in the healthcare sector? Join us as we examine the Federal Trade Commission’s (FTC) recent ruling against non-competes, exploring its potential to drive innovation, enhance patient choices, and reduce unnecessary legal expenses for practices. We also tackle the pressing issue of cybersecurity, emphasizing the urgent need for a national strategy to combat ransomware attacks and data breaches. The growing demand for cybersecurity consultants across industries is also highlighted, underscoring the evolving landscape of healthcare security.
To wrap up our enlightening discussion, we shift gears to the complexities of value-based care and its intricate relationship with value-based reimbursement. Drawing parallels to outdated but still prevalent communication methods in healthcare, we scrutinize different reimbursement methodologies and the challenges faced by hospital CFOs in transitioning to value-based care. Don’t miss this engaging and thought-provoking episode.
Guest: Thomas S. Campanella, J.D., M.A. - Healthcare Executive in Residence, Baldwin Wallace University
Tom is the Healthcare Executive in Residence at Baldwin Wallace University in Cleveland, Ohio. He teaches and speaks on health economics and policy, as well as finance issues at the regional and national level. Tom writes blogs, white papers and conducts webinars on a variety of healthcare related topics.
Previously, he served as the Associate Dean of Clinical & Community Services for Ohio University Heritage Osteopathic Medical School and Chief Operating Officer of their five clinical sites in Southeast, Ohio. He was also the Executive Director of a regional healthcare collaborative that focused on population health initiatives in multiple Appalachian counties in Southeast, Ohio.
Tom was also the Vice-President of Health Care Finance and Care Management for Blue Cross & Blue Shield of Ohio/Medical Mutual from 1985 to 1997 and prior to that he was a consultant for Ernst & Young.
Tom has his BA/MA in Economics from Ohio University and his law degree from Cleveland State University. He is also a CPA (inactive) and is licensed by the State of Ohio as an Agent to engage in the business of Health and Life Insurance (inactive).