Jones Partners Thought Leadership Series

Tuesday, November 12, 2013
Thought Leadership Series
Jones Partners
Value Based Care: Keeping Patient Values and Patient Dollars Our Focus
6:00 PM – Presentation (Shell Auditorium)
7:15 PM – Reception (Anderson Family Commons)
Jones Graduate School, McNair Hall, Rice University  
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Dr. Marc Boom
President and CEO,
Houston Methodist

Dr. Richard R. Batsell
Associate Professor of Marketing,
Jones Graduate School of Business
 


Dr. Marc Boom will provide an overview of the issues our nation faces regarding health care delivery including the elements and impact of health care reform and other health care trends. He will talk about why those in the industry have a responsibility to lead efforts to transform our delivery system, to help influence health related policy, and design new ways of delivering care that provides value while keeping the patient at the center of all we do. In the second half of the presentation, Dr. Randy Batsell will be describing a new methodology for analyzing health care cost data. The methodology, Cost Difference Decomposition Analysis, is particularly useful in explaining differences between health plans, or any other groups of organizations, which pay the bills from physicians and hospitals for care received by the covered patients.

About Dr. Marc Boom
Marc L. Boom, M.D., M.B.A., F.A.C.P., F.A.C.H.E. currently holds the position of President and CEO of Houston Methodist. Houston Methodist is a 1000+ bed hospital network ranked nationally by US News & World Report. Methodist has affiliations with a number of academic institutions that support its teaching and research initiatives. These include Weill Cornell Medical College, New York Presbyterian Hospital, Baylor College of Medicine, University of Houston; Texas A&M and UT-Health Science Center.

Dr. Boom holds a B.S. in Biology with High Honors from the University of Texas at Austin, an M.D. with High Honor from Baylor College of Medicine, and an M.B.A. from The Wharton School of the University of Pennsylvania. He completed a residency in internal medicine at Massachusetts General Hospital, Harvard Medical School, and fellowships in geriatric medicine and general medicine at the Hospital of the University of Pennsylvania. He is board certified in both internal medicine and geriatric medicine, and is a Fellow of the American College of Physicians.

Dr. Boom is also an Assistant Professor of Medicine at Weill Medical College of Cornell University, an adjunct professor of management, policy and community health at The University of Texas School of Public Health, and previously an Adjunct Professor of Management at Rice University. He represents The Methodist Hospital within the University HealthSystem Consortium (UHC) on the Board of Directors. He maintains a part-time clinical practice where his special interests are preventive medicine, lipid disorders, and hypertension.

About Dr. Richard R. Batsell
Dr. Richard R. Batsell received his BA in Mathematics (with honors), his BBA in Statistics and Operations Research (with honors), and his Ph.D. in Marketing, all from the University of Texas at Austin. After serving 4 years on the faculty of the Wharton School at the University of Pennsylvania, he joined the faculty in the Jones School at Rice in 1980. He has also taught in the Executive MBA Program jointly offered by Washington University in St. Louis and Fudan University in Shanghai. Over the last several years his primary teaching has been in Data Analysis.

Dr. Batsell's research interests primarily include Mathematical Models of Choice Behavior and the use of data and analytical methods to make better decisions. Over the years, his research has been published in many different journals, most notably, Marketing Science, Journal of Marketing Research, Journal of Consumer Research, Journal of Marketing, and the Journal of Mathematical Psychology. On a personal note, his wife and second son are alumni of the Jones School, both his older boys received their undergraduate degrees from Rice, and his 7 and 9 year old boys will likely be future applicants. He enjoys his family, teaching, jogging, tennis, water skiing, snow skiing, fishing, hunting, and helping companies figure out how to use data to make better decisions.

About The Jones Partners
The Jones Partners is a committed group of business professionals working to open doors and increase collaboration between the Jones School and the Houston business community.

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