2021 GI Outlook (GO) Conference | November 2021-Evolving Reimbursement & the GI

Video Transcription

Video Summary

In this video, Jim Levitt, president of GastroHealth, discusses the evolving reimbursement and the gastrointestinal (GI) field. He emphasizes that it is not reimbursements that are evolving, but rather the marketplace. Levitt highlights the need to understand the changing marketplace in order to effectively address reimbursement issues. He discusses the challenges and causes of rising costs in healthcare, including care fragmentation, lack of coordination, overutilization, and the incentivization of expensive technology. Levitt argues that healthcare reform is necessary and emphasizes the importance of physicians leading the reform. He suggests that physicians need to focus on providing accountable care and competing on value rather than cost. Levitt explores the role of technology, data analytics, and consolidation in improving healthcare outcomes and controlling costs. He also mentions the potential partnership with private equity as one way to achieve these goals. Levitt concludes by stating that physicians need to have a clear vision, strong leadership, and the ability to adapt to change in order to succeed in the evolving healthcare landscape.

Asset Subtitle

James Leavitt, MD

Keywords

reimbursement

changing marketplace

rising costs

healthcare reform

physicians

technology