Premier Health’s new business name signifies the start of a transformationfor Dayton’s largest health system, said James Pancoast, Premier president and chief executive officer.
Premier Health dropped “Partners” from the end of the organization’s name. The rebranding comes after about a year of planning and represents the system’s efforts to shift from a group of hospitals that take care of sick people to a network of doctors and services that focus on helping people live healthier lives, Pancoast said.
The changes mean the physicians, hospital administrators and others within the organization are spending more time learning how to work together to keep people healthy, Pancoast said.
“The transformation is hospitals will still be a big part of the health system, but out in front of it will be physicians leading the way,” Pancoast said.
Key provisions of the federal health care reform law go in effect in 2014, increasing the number of people with insurance coverage and changing the way hospitals and other health care facilities are reimbursed for their services. Health providers in the future will be paid based on meeting quality and outcome measures. Now pay is based on the volume of patients seen.
“The country believes the cost of health care in the United States is too high. There’s all these opinions on the Affordable Care Act, whether it’s good or bad, but I think it’s started in my opinion a movement in the country to lower costs of health care,” Pancoast said.
“Population health is really the only way we can get there,” he said.
Population health management means providers like Premier are looking at how to help patients exercise more, eat well and know their numbers as far as blood pressure and other things.
It’s a different way of doing things and if done right, as much as 20 to 30 percent of hospital admissions could be prevented, said Pancoast.
He’s quick to point out that 70 percent of admissions will still happen.
“No matter what the country does, people will still get sick. Helping people when they’re sick will always be a component of what we do,” Pancoast said. “In the future we believe health systems like ours have to help people stay healthy” as well.
Premier Health, a nonprofit formed in 1995, is comprised of four hospitals: Middletown’s Atrium Medical Center, Miami Valley Hospital downtown including Miami Valley South in Centerville, Dayton’s Good Samaritan Hospital and Upper Valley Medical Center in Miami County, as well as outpatient locations and doctor practices throughout the region.
Premier Health with more than 14,000 employees is the Dayton metro’s second largest employer behind Wright-Patterson Air Force Base.
We broke the news of Premier’s name change and are the first to interview CEO James Pancoast about the change. Count on us for in-depth coverage of Premier Health and other area health organizations.