Healthcare in the US is in an in-between place. Reform legislation has passed, but the key provisions have yet to become reality. Mark Vachon, President & CEO, GE Healthcare Americas, believes this particular moment creates an unprecedented opportunity for the industry to gain perspective, rethink strategies, and be more inventive in devising solutions. To this point, Vachon has authored a whitepaper, released this week, that predicts four new areas of opportunity.
In Reforming the Healthcare System From Within, Vachon identifies four areas that are "ripe for improvement" in most healthcare organizations: cost control, capacity management, quality and safety, and strategic planning.
He says, "While preserving cash and freezing spending have been the priority over the last year, those tactics will not drive more sustainable, long-term competitive advantages in an organization. In many cases, there just has not been the stomach for making core changes that would disrupt the 'usual and customary' ways of operating — disruption that leads to true transformation."
Mark Vachon has led several of GE's businesses since joining the company in 1982. Prior to his current role as president and CEO for GE Healthcare for the Americas region, he headed up GE Healthcare's Global Diagnostic Imaging organization. Mark is dedicated to supporting clinicians around the world re-imagine new ways to predict, diagnose, inform, treat and monitor disease, so people can live their lives to the fullest.