4 giant nonprofit well being techniques — Baylor Scott & White Well being, Memorial Hermann Well being System, Novant Well being and Windfall —have fashioned Longitude Well being, a company created to reinforce core operational capabilities and rework well being system efficiency.
Though the press launch asserting the brand new group was gentle on element, it stated Longitude “will deal with healthcare’s most complicated challenges and alternatives.”
Paul Mango, former Chief of Employees at Middle for Medicare and Medicaid Companies, Deputy Chief of Employees for Coverage for the Division of Well being and Human Companies and McKinsey’s U.S. Well being Care Observe Chief and International Well being Care Observe Chief has been named Chief Govt Officer and Board Member of Longitude Well being.
The Longitude Well being board is comprised of the chief govt officers of the founding member organizations, along with Mango. Pete McCanna, CEO of Baylor Scott & White Well being, has been appointed because the board chair.
“Longitude Well being will scale the subsequent era of capabilities sooner and extra successfully than if particular person well being techniques tried to take action themselves,” stated McCanna, in a press release. “We purpose to set a brand new customary, demonstrating that new approaches can optimize organizations’ efficiency and high quality and drive optimistic systemic change to profit sufferers.”
The founding members will collectively spend money on initiatives over the subsequent 5 years. Within the brief time period, Longitude Well being intends to make a number of strategic investments centered on areas that may create influence over the primary 12 to 24 months of the group’s formation. As well as, the group will search different well being system members to affix the group over time.