2011 Yale Healthcare Conference

The Yale Healthcare Conference is a joint effort between the Yale School of Management and the Health Professional Schools at Yale University that brings together professionals, academics, and students to engage in an instructive conversation concerning current healthcare issues. This will be the 7th consecutive year and they expect the conference to continue growing to over 450 participants.

April 1, 2011 - 9AM - 4:30PM / Omni New Haven Hotel At Yale

With the recent, historic passage of healthcare reform legislation, the U.S. healthcare system is experiencing its most significant transformation in the last 40 years. Restructuring of the healthcare system will have significant implications for how healthcare is delivered, financed and regulated. The conference offers a perfectly-timed opportunity to illuminate the changes that key stakeholders will face with reform, also expanding upon how excellence can be fostered in a modified system. Specifically, the conference will examine:

Learn about health systems

How well do you understand health systems? We are in the midst of significant changes in the economy, government, and in the healthcare system. Well, if you're interested in learning more about health systems, you may want to listen to these free podcasts produced in partnership with IBM, Healthcare IT News, and Healthcare Finance News. It's called the "Smarter Healthcare Series" and you can listen to these podcasts directly from your computer. Or, if you prefer, you can download the MP3 file and listen to it on your iPod or other MP3 player.

These series will cover the following topics:

• Growing expectations for value from increasingly costly health systems.
• Broad global awareness of quality and patient safety challenges.
• Increasing need for citizens to make better health and wellness choices.
• Emerging approaches to promoting health and delivering care such as e-health and medical tourism.
• Expanding resource challenges.
• Increasing cost sharing among public and private health insurers and individuals.
• Worldwide healthcare reform acceleration fueled by economic stimulus dollars.

Want to learn more? Then visit this link to listen to Episode 1. Episodes 2 and 3 are coming later. If you're interested in pursuing a career in health IT, then these types of educational podcasts can be very helpful. I also suggest that you keep up with all the recent news that's surrounding the changing world of health IT.

How Much Does a Chief Medical Officer Make?

You can be a CEO overnight if you start your own business. However, you can't be a CMO overnight. According to Sullivan, Cotter and Associates, Inc., a Chief Medical Officer (CMO) has a median base salary of $373,000 if you work in a healthcare system and a median base salary of $286,000 if you work in an individual hospital. That's just the base salary. Once you include other compensation figures, that number can be significantly higher. Are these numbers accurate? Surprising? What do you think?

I'm putting together something that will address some of the salary figures that are commonly found in the pharmaceutical and biotech industry, so stay tuned.