The reality is that there is no way to fix our broken healthcare system without first eliminating the unnecessary and counterproductive costs that exceed one-third of our total national spending on healthcare of $3.5 Trillion.
Longer-term, continually improving the health of the population and further reducing costs will require much more difficult changes …
Driving for Healthier Lifestyles (Resource Coming Soon)
... and will take longer to accomplish.
About the Author
Fred Gluck joined McKinsey & Co. in 1967 and led the Firm as its elected Managing Partner (Global Senior Partner) from 1988 to 1994. Upon retiring from McKinsey in 1995, he joined Bechtel and served as Vice-Chairman and Director. In 1998 he retired from Bechtel and rejoined McKinsey as a special consultant to the Firm serving in that capacity until 2004.
His extensive background in health care includes serving as the presiding director of HCA as well as on the boards of Amgen, RAND Health Care, and the Cottage Hospital System of Santa Barbara. He also served on the board of the New York-Presbyterian Hospital for over 30 years before achieving emeritus status in 2006. Fred was also the founding Chairman & CEO of CytomX Therapeutics (NASDAQ: CTMX) and LungLife AI, a private company pursuing early detection of lung cancer. He continues to serve on both of these Boards. He also served as Co-Chairman of TrueVision Systems, a world leader in computer guidance for microsurgery, prior to its recent sale to Alcon.
Fred has also written and spoken on health care reform dating back to his service on an Advisory Panel for the Budgeting for National Priorities project at the Brookings Institution in 2005-2006.