Lowering the cost of healthcare and enabling successful aging for our nation's seniors
Why does healthcare cost so much? Why does the United States pay so much more for so much less than other developed countries? How does cutting benefits for those most vulnerable, including seniors and the poor, make sense for a country as successful and caring as ours? These are all questions that deserve answers, especially now.
On February 21, 2018, West Health is convening an innovation summit in the nation’s capital focused on solving America’s healthcare cost crisis. The Summit brings together key stakeholders including policymakers, healthcare providers, health systems, economists, regulators, drug companies, pharmacy benefit managers and advocacy groups.
The Healthcare Costs Summit is the fifth installment of West Health’s Health Care Innovation Day (HCI-DC) series. Previous HCI-DC events have highlighted wireless and telehealth innovations with the Department of Veterans Affairs (2010), wireless medical device regulation with the U. S. Food and Drug Administration and Federal Communications Commission (2011), care delivery and payment solutions with the Centers for Medicare & Medicaid Services (2012), and interoperability with the Office of the National Coordinator for Health Information Technology (2014).
The 2018 Summit will feature keynote speakers, including Steve Forbes, Chairman and Editor-in-Chief of Forbes Media; Sanjay Gupta, MD, Chief Medical Correspodent for CNN; Surgeon, Writer and Public Health Researcher, Atul Gawande, MD, MPH; Andy Slavitt, Former Acting Administrator for the Centers for Medicare & Medicaid Services; and Mark McLellan, Director of the Robert J Margolis Center for Health Policy and the Margolis Professor of Business, Medicine and Health Policy at Duke University. It also includes collaborative networking sessions and expert panel discussions.
Solely funded by Gary and Mary West, West Health includes three nonprofit organizations all with a singular mission of enabling seniors to successfully age in place with access to high-quality, affordable health and support services that preserve and protect their dignity, quality of life and independence.
The commitment West Health has made over the past decade to arrive at its important successful aging mission is one that has always been rooted in the need to lower the cost of healthcare. Seniors, especially the most vulnerable, significantly bear the brunt of the high cost of healthcare, and we have seen this first-hand through our work at the West Health Institute, West Health Policy Center and Gary and Mary West Foundation.