With the launch of the West Health Policy Center, Gary and Mary West have added another front in their philanthropic assault on the institutional inefficiencies of the health care system.
This time they are establishing a presence in Washington DC focused on enticing the most talented post-doctoral research fellows to compete for one of five fellowships targeted to the goal of using empirical data to identify $100 billion worth of systemic inefficiencies in the health care delivery system.
Independently funded by a multi-year, multi-million dollar commitment from the Wests, the Policy Center is the only non-profit, non-partisan organization with the single aim of lowering health care costs. Among other things, the Policy Center will initially work to create an efficient medical marketplace by advancing;
- Infrastructure Independent Care
- Price Transparency
- Rational Reimbursement
- Practical Regulation
- Appropriate Care Utilization
The Center’s first fellow is Dr. Peter Neumann, an internationally renowned researcher on the user of cost-effectiveness analysis in health care decision making. He currently serves as the Director of the Evaluation of Value and Risk in Health at the Institute for Clinical Research and Health Policy at Tufts Medical Center in Boston.
The Center’s Chairman Don Casey is quoted in the Washington Post as saying, “You can’t move people out of the expensive places of care if you don’t set up a system that allows data and biometrics to be gathered conveniently and pushed through algorithms to a health provider so that he or she knows when someone is moving to a danger zone,” Casey said.
“We will be churning out primary research that we look forward to bringing to policymakers,” Casey said. “We want to change the paradigm to a system that combines mobile health into a bundled payment for insurers. That would give us far better outcomes at a dramatically lower cost.”
The day after its launch, the policy center announced it had formed a strategic partnership with the Humedica, a clinical informatics platform which is also a portfolio company of the West Health Fund.
The Policy Center is co-hosting, along with the Centers for Medicare and Medicaid (CMS) and Health Affairs, the Care Innovations Summit in Washington DC on January 26th.