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Member Perspective: Jack Lynch

Posted Wednesday, January 11th, 2017

Economy, Health Care

Guest Commentator: Jack Lynch, President & CEO, Main Line Health

What economic trends or issues will create opportunities or challenges for our region’s health care industry in 2017?

As we enter 2017, payment reform, lower reimbursement rates from all payers and decreased inpatient discharges in our region are all evolving elements that will continue to affect health systems in the Delaware Valley and across the country.

The speculation about what the repeal of the Affordable Care Act (ACA) might mean for the future of health care economics and expanded insurance coverage for millions of Americans is dominating the news. I am of the mindset that we need to wait and see how decisions are made and what changes are put into place before making assumptions about how President-elect Trump will change health care in America.

However, the uncertainty around the unknown future of ACA has created a level of chaos and ambivalence that we cannot ignore. Recently, The New York Times reached out to Main Line Health for comment on the current climate and what may come; the article has insights related to the Philadelphia region.

I recently wrote a letter to our Medical Staff and patients reaffirming what I know to be certain — Main Line Health’s unwavering commitment to our organizational Mission, Vision and Values, which focus on improving the quality of life for all in the communities we serve.

While the rules and regulations affecting our industry may change, a commitment to delivering equitable care and to fostering a safe, respectful, inclusive and welcoming environment for staff and each and every patient we serve remains the primary responsibility of every not-for-profit hospital and health system. In fact, as mission-driven organizations, we have an obligation to firmly uphold these humanitarian principles in service our community members.

We are blessed in this region to have a large number of safe, high quality health care providers. Consumers have choices which will require all of us to stay focused on what is important to our community. Safe, high quality, efficient, equitable and consumer centric care is what is expected from all of us.

On behalf of Main Line Health and my hospital and health system colleagues throughout the region, I wish Greater Philadelphia peace, health and happiness in 2017.

 


 

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Jack Lynch, along with other business leaders, will be speaking about the upcoming economic trends that will affect our regional business community at the Chamber’s 19th Annual Economic Outlook Conference, presented in partnership with Firstrust Bank. The program’s three-part agenda features results from the Federal Reserve Bank’s economic forecast survey of Chamber members, a discussion of the state and future of the global economy and markets from keynote speaker Kai Ryssdal and a panel of regional business leaders spotlighting the key economic trends that will shape our region in 2017. Learn more and register »

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