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Why convergence is part of the future of healthcare

In a phone interview, Andy Slavitt, one of the keynote speakers at the MANOVA summit in Minneapolis on October 8-11, discussed why healthcare encompasses much more than just medical factors.

It’s common knowledge that healthcare is far from simple. Not only are there numerous moving parts within the system, but what the field encompasses is also complex. Healthcare doesn’t just mean medical care anymore — it includes so much more.

The convergence of numerous industries and areas is a key part of what the future of medicine looks like. This concept will be part of the discussion at MANOVA, a summit hosted by 2023 Partners and Medical Alley Association taking place in Minneapolis on October 8-11. The event will include three days of talks, as well as MedCity’s INVEST Twin Cities conference on the fourth day.

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One of MANOVA’s keynote speakers is Andy Slavitt, who previously served as acting administrator of CMS under the Obama administration and currently heads up Town Hall Ventures. In a phone interview, he chatted about where healthcare is headed.

“What I can say is there is a growing recognition that … it’s not wise to separate people’s lives and treat each component individually,” Slavitt said.

The things that influence one’s health often aren’t related to medicine. Aspects like transportation, nutrition, income level and education have an impact on whether a person is sick or healthy. If we can learn to reshape our thinking to include these determinants, we will be making steps in the right direction.

“Bringing together not just other industries, but a different way of thinking that puts an individual’s health in the context of their entire life is a very important step,” Slavitt said.

As far as the future of healthcare, Slavitt believes industry stakeholders are currently stuck thinking about healthcare through their own lens, which is likely a financial one. Going forward, the field should focus on investing in keeping people healthy and out of hospitals, which requires collaboration amongst various parties.

Photo: Dmitrii_Guzhanin, Getty Images