Healthcare is consuming the US economy and while innovation and delivery standards are high, it is becoming increasingly unaffordable to users. This represents an existential threat to the healthy workforce of the future and future economic prosperity and growth for businesses and households. Oversight of talent is an important responsibility of boards as an intrinsic part of the risk culture of an organization.
Join us for a discussion with board leaders from large healthcare provider and insurer organizations on what they are doing to address service delivery, quality, affordability and transparency, and why the balance of board composition is critical to success.
Deepen your understanding of where, when and how directors should engage with management in overseeing healthcare as part of organizational talent and risk management.
This event bestows 1 certification credit based on the content presented.
Elaine Batchlor, MD, MPH, is the Chief Executive Officer of Martin Luther King, Jr. Community Hospital, a state-of-the-art private safety net hospital providing compassionate, quality care to the South Los Angeles community. Her innovative work to increase access for underserved populations has been recognized nationally, earning her recognition as an Irvine Foundation California Leader, a Becker’s Review listing among the top 26 women physician executives in the country, and membership in the National Academy of Medicine.
Before assuming leadership of Martin Luther King, Jr. Community Hospital, Dr. Batchlor served as Chief Medical Officer of L.A. Care Health Plan, the nation’s largest public health plan providing care to a safety net population. She has also served as Vice President of Finance, Organization and Operations at the California HealthCare Foundation, where she developed and oversaw research, policy analysis and programs aimed at improving health care financing and delivery. Early in her career Dr. Batchlor served as Medical Director for the Los Angeles County Office of Managed Care and as a Chief Medical Officer for Prudential Health Care.
Dr. Batchlor is an active community volunteer, serving on multiple community and health care boards. She is a member of the Board of Directors of the Integrated Healthcare Association, the Hospital Association of Southern California, the UCLA Fielding School of Public Health Advisory Board and the Hospital Quality Institute, among others. As a Harvard University alumna, Dr. Batchlor serves the university as an interviewer for the Los Angeles area.
Dr. Batchlor holds a Bachelor of Arts degree from Harvard University, a Masters of Public Health from the University of California, Los Angeles, and a Doctorate of Medicine from Case Western Reserve University. She is board-certified in both internal medicine and rheumatology.
Dr. Elaine Batchlor is the proud mother of twin boys, and married to an attorney who works as a Los Angeles County public defender.
Thomas M. Priselac is President and Chief Executive Officer of the Cedars-Sinai Health System and its flagship organization, Cedars-Sinai. He has served as President and CEO of Cedars-Sinai since 1994 and was also named President and CEO of the Cedars-Sinai Health System when it was formed in 2017.
The Cedars-Sinai Heath System includes the nationally-recognized Cedars-Sinai Medical Center and its affiliated physician network, major programs in physician and health professions education and the highly-regarded Burnes and Allen Medical Research Institute; Torrance Memorial Medical Center and its affiliated physician network, the market leader serving Torrance and the beach cities of Los Angeles; and Cedars-Sinai Marina Del Rey Hospital, a 133-bed community hospital. Through the Cedars-Sinai Medical Center, the Health System also has joint venture partnerships with the California Rehabilitation Institute, a 138-bed Rehabilitation Hospital in Los Angeles and the Providence Cedars-Sinai Tarzana Medical Center, a 249-bed community hospital in Tarzana, California.
An author and invited speaker on policy issues regarding the delivery and financing of healthcare, Mr. Priselac has served the health care field in various roles during his career at Cedars-Sinai. He is a past Chair of the American Hospital Association Board of Trustees and past Chair of the Association of American Medical Colleges. The holder of the Warschaw/Law Endowed Chair in Healthcare Leadership at Cedars-Sinai Medical Center, Mr. Priselac also serves as an adjunct professor at the UCLA School of Public Health.
A native of Pennsylvania, Mr. Priselac obtained a bachelor’s degree in Biology from Washington and Jefferson College in Pennsylvania, and a master’s in Public Health, Health Services Administration and Planning, from the University of Pittsburgh.
Leonard D. Schaeffer is the founding Chairman & CEO of WellPoint (now Anthem), one of the nation's largest health benefits companies. He is currently the Judge Robert Maclay Widney Chair and Professor at the University of Southern California (USC) and is a Senior Advisor to Starr Investment Holdings, a private equity firm.
Schaeffer was Chairman & CEO of WellPoint from 1992 through 2004 and continued as Chairman through 2005. In 1986, Schaeffer was recruited as CEO of WellPoint’s
predecessor company, Blue Cross of California, when it was near bankruptcy. He managed the turnaround of Blue Cross and the IPO creating WellPoint. During his tenure as CEO, WellPoint completed 17 acquisitions and endowed four charitable foundations with assets of over $6 billion. Under Schaeffer’s leadership, the value of the company grew from $11 million to over $49 billion.
Under Schaeffer’s leadership, WellPoint was selected by Fortune as America’s Most Admired Health Care Company for six consecutive years; named by BusinessWeek as one of the 50 best performing public companies for three consecutive years; and identified by Forbes magazine as America’s best large health insurance company. Schaeffer was selected by BusinessWeek as one of the Top 25 Managers of the Year and by Worth as one of the “50 Best CEOs in America.”
Schaeffer's public service included appointments as Administrator of the federal Health Care Financing Administration (now CMS) where he was responsible for the Federal Medicare and Medicaid programs, Assistant Secretary for Management and Budget of the federal Department of Health, Education and Welfare, Director of the Bureau of the Budget for the State of Illinois, Chairman of the Illinois Capital Development Board, and Deputy Director of the Illinois Department of Mental Health.
In 2009, Schaeffer established the Schaeffer Center for Health Policy and Economics at USC which uses an interdisciplinary approach to research and analysis to support evidence-based health policy. In 2014, he established the Schaeffer Fellows in Government Service program which supports 50 undergraduates in high-level, summer government internships. He has endowed chairs in health care financing and policy at the Brookings Institution, Harvard Medical School, the National Academy of Medicine, U.C. Berkeley and USC. He is the Vice Chair of the Board of Trustees at the Brookings Institution.
Previously, Schaeffer served as President & CEO of Group Health, Inc., EVP & COO of the Student Loan Marketing Association, (Sallie Mae) and as a Vice President of Citibank.
Schaeffer is a graduate of Princeton University where he now serves on the President’s Advisory Council. He was the Regent’s Lecturer at the University of California at Berkeley, a Gilbert Fellow at Princeton, and a Williams Fellow at RAND. He is a member of the National Academy of Medicine (NAM) and is the Chair of the Roundtable on Quality Care for People with Serious Illness. Mr. Schaeffer was awarded a Doctor of Humane Letters (Hon) from USC and received the inaugural Sol Price Award for his lifetime achievements as a business leader, policy expert and philanthropist.
Currently, Schaeffer serves on:
• Brewster Foundation: Chairman, Board of Trustees
• The Brookings Institution: Vice Chair, Board of Trustees
• Harvard Medical School: Board of Fellows
• Health Affairs: Editorial Board
• National Academy of Medicine (NAM) of the National Academies, Member
• NAM Roundtable on Quality Care for People with Serious Illness: Chair
• Princeton University President’s Advisory Council
• RAND Corporation: Board of Trustees
• scPharmaceuticals Inc.: Board of Directors
• USC Board of Trustees
• USC Health System Board: Chair
• USC Schaeffer Center for Health Policy and Economics: Chair, Advisory Board
Dr. Jacque Sokolov is chairman and chief executive officer of SSB Solutions, Inc., a diversified US based healthcare company with four strategic business units: SSB Solutions a Management Consulting Company; SSB Investment Funds; SSB Financial Services; and SSB Governmental Contracting.
He started his career as Vice President of Healthcare and Chief Medical Officer for Southern California Edison and currently serves on multiple public, private and not-for-profit healthcare boards.
Dr. Sokolov received his BA and MD Degrees from the University of Southern California and completed his internal medicine residency at the Mayo Graduate School of Medicine followed by his fellowship in cardiovascular diseases from the University of Texas-Southwestern Medical School.
He previously held and currently holds academic appointments and advisory board responsibilities in the Schools of Medicine, Pharmacy, Business and Public Health at Harvard, the Massachusetts Institute of Technology, the University of Pennsylvania, the University of California, Los Angeles, and the University of Southern California.