Winter 2025 | Volume 14 | Number 1 | |
The Business Case for Chief Medical Officers: Why Companies Can’t Afford to Ignore Health
Leadership
Biotech and Biomedical Failure: It's Not the Science - Part 2
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With the start of a new administration in the White House, we can anticipate many major changes in the healthcare system. Time will tell how broad and deep.
You can count on the Wharton Healthcare Quarterly to keep you informed on the key issues in 2025 and ways to adapt to continue to reach your goals!
Z. Colette Edwards, WG’84, MD’85
Managing Editor
Contact Colette at: colette@accessinsightmd.com
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See what our alumni have been up to.
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Contributor: Katherine Clark, MD'15, WG’15
As we move into the new year, the WHCMAA board members continue to strive to strengthen our alumni community. We hope the more intimate events offered in 2024 and at the JPM Conference provided the opportunity to connect on a deeper level, share industry insights, and build the supportive community we all value. Read more.
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This eclectic standing column features insightful musings, words of wisdom, life lessons, and stepping-stones to business success. This month's philosopher is Smita Jain, WG’05, Partner at Sage Tree Collective, a consulting firm which offers a health tech accelerator, biotech market evaluations, patient access journeys, and strategy from access to execution. Read more.
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Affidavit: Healthcare and the Law - Litigation over Employer Health Plan Management: Considering Fiduciary Duties When Negotiating Group Health Care Plan Pharmaceutical Benefits | |
Contributors: Sean Zabaneh and Victoria Hawekotte
Employees and health plan participants have recently filed lawsuits in two separate cases against their employers, Wells Fargo and Johnson & Johnson (“J&J”), alleging the companies and group health plan fiduciaries mismanaged group health plans by paying excessive fees for pharmaceutical benefits. While both cases are still pending, they serve as a notice to healthcare businesses of the potential for similar litigation. Read more.
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Not a Freudian Slip: The Evolution and Future of Musculoskeletal Care - Part 4: The Critical Connection Between Behavioral Health and Musculoskeletal Care | |
Contributor: Arpit Khemka
Addressing anxiety, depression, and other mental health concerns is crucial in providing effective treatment for musculoskeletal conditions. In Part 4 of this article series, we will explore the interconnection between behavioral health and MSK care and discuss the importance of addressing mental health concerns in the management of musculoskeletal conditions. Read more.
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An Entrepreneur's Guide: Optimizing D2C Telehealth - Strategies for Elevating the Customer Care Experience | |
Contributor: Ben Katz, WH'02, W'02, NURS'02
In recent years, telehealth has transformed the way patients access medical care, making it more convenient and accessible than ever. And, as with any service, patient satisfaction hinges on the quality of the customer care experience. Learn tips from Wharton HCM grad, Ben Katz, a serial entrepreneur and CEO and co-founder of Happy Head. Read more.
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Downloading Success: An Emerging Healthcare C-Suite Role - Chief Physician Advisor | |
Contributor: Carl Fitch
Although Physician Advisors have been around for a little over a decade, since the dawning of the two-midnight rule in 2013, it is still a relatively new and evolving physician specialty role. It is rapidly gaining in recognition and importance due to its potential to significantly impact the bottom line and improve physician well-being for many healthcare systems. Read more.
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CyberVitals:
AI, ML,and LLM...Oh My!
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Contributor: Vidya Murthy, WEMBA’42
The integration of artificial intelligence (AI), machine learning (ML), and large language models (LLMs) into healthcare has impacted many aspects of patient care and operational efficacy but also introduced new challenges. Read more.
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Disruptors - Part 2: Electronic Health Records (EHRs) | |
Contributors: Wren Keber, Lisa Soroka, and Z. Colette Edwards, WG'84, MD, 85
Electronic health records (EHRs) have long been heralded as a transformative technology in healthcare, promising to streamline operations, enhance patient care, collect data, and improve overall efficiency. Learn some keys to success for EHR disruption in Part 2 of this series. Read more.
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The Neuro-Revolution: Overhaul Society and Unlock Human Potential - Part 2 | |
Contributor: Jillian Bowman
In Part 2 of this article series, I will cover the changes needed to overcome man-made barriers which limit not just the ADHDer but also negatively impact us all collectively. One such crucial area is the need for the scientific community and society at large to adopt a more balanced and nuanced understanding of ADHD. We need to start investing in studies that determine optimal environments for all neurotypes to thrive. Read more.
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Innovating for Impact - Merging Technology and Human Care in Healthcare Transformation | |
Contributor: Michael J. Charlton
The traditional healthcare model, designed to manage care and the flow of operations within the four walls of its facilities, is outdated and no longer sustainable. At AtlantiCare, we are committed to leading the change that healthcare needs through Vision 2030, our ambitious six-year strategy plan that reimagines how healthcare is delivered – prioritizing patients’ well-being and community wellness first. Read more.
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Purpose-Filled Work as a Protective Factor Against Physician Burnout | |
Contributors: Linda Roszak Burton, ACC, BBC, BS and Betsy Chapin Taylor, FAHP
The concept of burnout encompasses emotional exhaustion, depersonalization, and a decreased sense of personal accomplishment. However, a powerful protective factor exists — meaning derived from purpose-filled work. Read more.
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From Culture Reset to Culture Preset | |
Contributors: Carey Gallagher and Tom Bonner
A culture preset is a way to take the temperature of an organization, going beyond employee engagement to understand the kinds of specific working agreements and success factors that have laid the groundwork for the current state. The preset can give leaders data on what kinds of things will be disrupted by the change ahead, and a way to flag focal points as the environment changes for their people. With these insights, leaders can develop an action plan for strengthening trust through a time of uncertainty. Read more.
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Biotech and Biomedical Failure: It's Not the Science - Part 1 | |
Contributors: Barbara Handelin, Ph.D. and Karyn Polak
The biotech and biopharmaceutical (biomedical) industries are failing us, medically and economically. We have the science to serve us better; but we need the right market participants to truly deliver greater coverage, access, and outcomes. Read more.
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Wharton Around the Globe: Wharton Global Health Volunteers (WGHV) Tackle Health Challenges in India and Beyond | |
Contributor: Christian DiGiacomo, WG’25
Last semester (Spring 2024), WGHV partnered with two client organizations in Bangalore, India, to solve some of their most impactful business problems – (1) Wysa, a company focused on improving mental health for previously underserved groups through its app-based, artificial intelligence-supported chatbot that provides clinical-level mental healthcare and (2) Proactive for Her, a leading provider of women’s healthcare services in Bangalore. Read more.
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Disclaimer: The opinions expressed within are those of the authors and editors of the articles and do not necessarily reflect the views, opinions, positions or strategies of the Wharton School and/or the University of Pennsylvania, and/or their respective organizations. Publication in this e-magazine should not be considered an endorsement. The Wharton Healthcare Quarterly and WHCMAA make no representations as to accuracy, completeness, currentness, suitability, or validity of any information in this e-magazine and will not be liable for any errors, omissions, or delays in this information or any losses, injuries, or damages arising from its display or use.
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