Joint Taskgroup for Value In Health

The Joint Taskgroup for Value In Health was organized by the Medical Banking Project and the Automotive Industry Action Group (AIAG) to organize pilot programs that demonstrate how banks can improve healthcare quality, and not just reduce transaction costs.

At MBProject's 2006 DC Leadership Forum, a spokesperson for the 1600-employer strong AIAG suggested that banks could impact healthcare in ways that go beyond reduction in costs. Entitled "I Have A Dream", Joe Fortuna, MD, (Delphi Corporation), outlined new directions for banking. Dr. Fortuna is the AIAG representative on the Advisory Board of MBProject's C.O.M.B.A.T. Initiative.

After several meetings and a feasibility session that met in Detroit with the major automakers, large banks, a state medical society, a hospital forum and others, MBProject and AIAG decided to launch a new joint effort that will promote the bank's role in fostering "value in health". This effort looks beyond reducing transaction costs to utilizing the entire enterprise to support better choices for health and healthcare.

The two groups will foster an open dialogue through multiple sessions - including the MBProject Leadership Forums and the AIAG AutoMed show. In addition, the Joint Taskgroup is scheduling meetings throughout 2007. As pilot programs are executed, results will be made available through educational sessions at the Medical Banking Institute series and summaries will be communicated through the appropriate channels.

The mission, strategy and objectives of the group are currently being drafted. The Joint Taskgroup is open to invited parties, and is expected to formally support one or more Use Cases that will be implemented as part of the C.O.M.B.A.T. Initiative.

Director: James F. Patterson, Director, Total Health Management , ArvinMeritor Inc.

About James F. Patterson...more

Co-Director: Brad Kirkpatrick, Senior Vice President, Business Development, Best Doctors Inc.

About Brad Kirkpatrick...more

Co-Leader: Matthew Carberry, Vice President, Payments Divison, New Business Development, The Bancorp Bank.

About Matthew Carberry...more

Participants : (as of May 2008)

Automotive Industry Action Group

ArvinMeritor

Bank of New York Mellon Treasury Services

Best Doctors Inc.

DaimlerChrysler

Fifth Third Bank

Fiserv Health

Ford Motor Company

MBProject

MBProject's President's Council

Michigan State Medical Society

Novartis

PNC Bank

PPG Industries

PricewaterhouseCoopers LLC

Sanofi-aventis

The Bancorp Bank

US Bank

Wachovia N.A.

WebMD Health Services

Related Industry News:

Joe Fortuna, MD: Q&A with AIAG Health Steering Committee...more