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Before and After
Posted By craigc1 On May 14, 2012 @ 3:53 pm In Inside Business,Spring 2012 | No Comments
The Vanderbilt Health Care Conference and Career Fair hosted more than 500 participants and 35 companies at a one-day session in Nashville this past fall. It was the fourth year for the student-organized conference, which is designed for anyone interested in the intersection of business and health care.
Headlining the October event was Nancy-Ann DeParle, Deputy Chief of Staff to President Barack Obama. Drawing on her experience as Director of the White House Office of Health Reform, DeParle outlined the contrast in the national health care system prior to passage of the 2009 Patient Protection and Affordable Care Act and what it will look like once the plan is fully implemented.
“Even after spending almost twice as much per capita on health care as every other industrialized country in the world, we continue to rank near the bottom when it comes to health care outcomes,” DeParle said. “Those of you working in health care understand that this is bad for business. Imagine you’re selling cars. If cars become more expensive, but the quality stays the same, or even gets worse, you don’t need an MBA … to realize that you’re in trouble.
“Health care isn’t like most other industries. If people can’t afford insurance, they don’t stop coming to the hospital. They just stop paying for the care they receive. So to tweak the analogy that I just used, not only are customers not buying cars, but you have to hand them out for free. That’s not sustainable.”
“I’m not saying it’s going to be easy for us to make all of these changes,” DeParle said. “But what I’m saying is the framework is there and the incentives are there in this new law.
“Do we embrace this new law, this new world of health reform, as a first step and work together to make it better? Or do we fight to restore an unsustainable status quo that left millions of our neighbors on their own in their time of need?”
A version of this article originally appeared in VB Intelligence  on Nov. 17, 2011.
Article printed from Vanderbilt Business: http://www.vanderbilt.edu/magazines/vanderbilt-business
URL to article: http://www.vanderbilt.edu/magazines/vanderbilt-business/2012/05/before-and-after/
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 VB Intelligence: http://www.owen.vanderbilt.edu/vanderbilt/faculty-and-research/vanderbilt-business-inbrief/index.cfm
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