4 giant nonprofit well being programs — Baylor Scott & White Well being, Memorial Hermann Well being System, Novant Well being and Windfall —have shaped 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 mild on element, it stated Longitude “will tackle healthcare’s most complicated challenges and alternatives.”
Paul Mango, former Chief of Employees at Heart 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 Government Officer and Board Member of Longitude Well being.
The Longitude Well being board is comprised of the chief government 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 programs tried to take action themselves,” stated McCanna, in an announcement. “We goal to set a brand new commonplace, demonstrating that new approaches can optimize organizations’ efficiency and high quality and drive constructive systemic change to learn sufferers.”
The founding members will collectively put money into initiatives over the subsequent 5 years. Within the quick time period, Longitude Well being intends to make a number of strategic investments centered on areas that may create impression 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 hitch the group over time.