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Last Updated: 11/29/2022

2008 Health Care Leader Forum: The Value Chain Approach—Maximizing Value

On April 14–15, 2008, the Federal Reserve Bank of Chicago and the Detroit Regional Chamber sponsored a forum examining the "value chain" perspective of health care delivery in the U.S. The program discussed how the value chain approach would lead to improvement in health care quality, reduction in costs, and increased user accessibility.

Our speaker at the evening reception on April 14, 2008, was Ron Gettelfinger, president of the United Auto Workers, UAW. In light of the new collective agreement of 2007, the UAW membership will become a recipient as well as a major provider and payer of health care services. We had a most interesting and thought-provoking evening, as Gettelfinger discussed the prospective issues that need to be addressed and the challenges that this new arrangement has created.

The featured speaker was Professor Elizabeth Teisberg who described how focusing on creation of value to the patient will create greater competition and efficiency in the health care delivery system. In addition, there were a series of speakers and panels that examined the value chain issue more closely from the prospective of the consumer, provider, regulator and, of course, the medical professional.

Monday, 04/14/08
6:00 PM
Reception and Keynote Speaker
Ron Gettelfinger, President, United Auto Workers
Tuesday, 04/15/08
7:00 AM
8:00 AM
8:30 AM
Keynote Speaker
Elizabeth Olmstead Teisberg, PhD, University of Virginia, Darden School of Business and Harvard Business School, Institute for Strategy and Competitiveness
9:45 AM
10:00 AM
Value Chain Approach: Provider's Perspective
William Testa, Vice President and Director of Regional Programs, Federal Reserve Bank of Chicago
David Creen, National Account Manager, Pfizer
A. Mark Frederick, M.D., Professor, University of Michigan Center for Value-Based Insurance Design
Ewa Matuszewski, M.D., Cheif Executive Officer, Medical Network One
Nancy Shlichting, President, Henry Ford Health System
Kevin Seitz, Blue Cross Blue Shield Michigan
11:30 AM
Value Chain Approach: Employer's Perspective
Eric French, Senior Economist, Federal Reserve Bank of Chicago
Catherine Baase, Global Director of Health Services, Dow Chemical Company
David R Groves, Director of Wellness, MGM Mirage
Kate Kohn-Parrott, Director Integrated Healthcare, Chrysler LLC
Phil Schloop, Business Manager, Operating Engineers Local 547
12:30 PM
1:15 PM
Medical Technology: A Tool or Just a Pretty Face?
Eliezer Geisler, Distinguished Professor and Director, Center for the Management of Medical Technology, Stuart School of Business, Illinois Institute of Technology View Bio
2:15 PM
Political Solutions: Federal and Local Suggestions
Peter Pratt, Senior Vice President, Public Sector Consultants
3:15 PM
Closing Remarks
3:30 PM
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