Dowling on Insurance

Crain’s Health Pulse
January 8, 2014
Dowling on Insurance

Michael Dowling, president and CEO of the North Shore-LIJ Health System, shared his views on his new CareConnect subsidiary in this week's Modern Healthcare. Mr. Dowling said he is "convinced that you have to move away from fee-for-service and you have to get into the risk business. You have to be able to create the competency within your organization to be able to manage populations of people. … If you look at some of the large organizations across the country that are in the top echelon of successful organizations, they all have a health plan. Look at Intermountain. Look at Geisinger. These are the places that a lot of people talk about as being at the cutting edge, and one of the things that they have been able to do successfully is to get into the risk business via an insurance entity." Mr. Dowling said NS-LIJ has spent heavily "hiring the right people with insurance backgrounds. You have to hire people with actuarial backgrounds, with risk-management backgrounds, with utilization-management backgrounds. We've spent a lot of time in the past year hiring a lot of talented people from insurance companies who are now here with us to provide the core of our insurance business."

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