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We are joined by Robert K. Smoldt, Chief Administrative Officer emeritus of Mayo Clinic and Associate Director of the Arizona State University Healthcare Delivery and Policy Program. Robert has been involved in healthcare administration for over 30 years — both with the U.S. Air Force and Mayo. Mr. Smoldt joined Mayo in 1972, and he has worked in a variety of administrative positions in both medical and surgical departments. Prior to his CAO role, he served as chair of the Department of Planning and Public Affairs.
The topics discussed with Robert are alternate payment systems, including pay for value. We do a deep dive into P4P (pay for performance) and P4V (pay for value), elicit comparisons with healthcare in Japan, and ponder integrated care models and the future of health policy.
We also discussed “provider-specific benchmarks that reward improvement rather than the level of performance,” and several other unintended consequences of Advanced Payment Models (APMs). We’re sure you will find Robert’s edifying insights a vital part of top-level dialogue on the future of health care finance.
The Week in Health Law Podcast from Frank Pasquale and Nicolas Terry is a commuting-length discussion about some of the more thorny issues in Health Law & Policy. Subscribe at Apple Podcasts, listen at Stitcher Radio, Tunein and Podbean, or search for The Week in Health Law in your favorite podcast app. Show notes and more are at TWIHL.com. If you have comments, an idea for a show or a topic to discuss you can find us on Twitter @nicolasterry @FrankPasquale @WeekInHealthLaw.