Latest / Becker’s Payer Issues Podcast / Inside MD Live: Improving Healthcare Access, Affordability & Outcomes
Transcript
- 0:00This is Haley Recker with the Becker's Payer
- 0:02podcast, and we are recording live at the
- 0:04Becker's third annual spring Payer Issues roundtable.
- 0:07I am thrilled today to be joined by
- 0:09doctor Eric Weil, who is the chief medical
- 0:11officer at MDLIVE by Evernorth.
- 0:14Hi, Eric. Thank you so much for having
- 0:15this discussion with me today. Can you go
- 0:17ahead and introduce yourself and share a little
- 0:19bit about your background?
- 0:20Sure. Thanks for asking. My name is Eric
- 0:22Weil. I'm the chief medical officer for MD
- 0:25Live by Evernorth.
- 0:27I am a practicing primary care physician
- 0:31who has overseen the clinical infrastructure
- 0:35and strategy for our virtual solution for the
- 0:37past two plus years.
- 0:40My career began
- 0:41in general primary care and through a relatively
- 0:45circuitous path. I found myself in medical leadership,
- 0:49and then in home based care.
- 0:51Interestingly, though, when I went into home based
- 0:53care, it was right at the beginning of
- 0:55the COVID pandemic,
- 0:56and we rapidly
- 0:58were forced to pivot into a strategy that
- 1:01was primarily
- 1:02telemedicine based.
- 1:04And in that context, I really learned about
- 1:08both the value and the opportunity of,
- 1:11virtual care
- 1:12and have been running in that
- 1:15race ever since. I wanna make sure that
- 1:17we have an opportunity to talk a little
- 1:19bit about the company that I support, MD
- 1:21Live.
- 1:22MD Live is an Evernorth health services company
- 1:24and one of the leading providers
- 1:26of telemedicine and virtual care in The United
- 1:29States.
- 1:30We offer services in primary care, in urgent
- 1:33care, in dermatology,
- 1:35in behavioral health, and we have an employee
- 1:37assistance program.
- 1:39The MD live intervention, the MD live program
- 1:43supports 62,000,000
- 1:44individuals. They have access to MD live as
- 1:47a covered benefit through their health plan. And
- 1:49the way that we offer services is either
- 1:51through video,
- 1:53through telephonic care, or through asynchronous care, which
- 1:56we call e treatment.
- 1:58We have over 2,000 board certified physicians and
- 2:02licensed therapists that are trained to deliver care
- 2:04virtually,
- 2:05and we are dedicated to delivering exceptional,
- 2:08accessible, and personalized health care through a seamless,
- 2:11smoothly connected virtual platform.
- 2:14That's awesome. Thank you so much for that
- 2:16brief introduction.
- 2:18Now moving on, balancing affordability
- 2:21and quality is a constant challenge for health
- 2:23plans. How is your organization innovating to manage
- 2:26the cost of care while maintaining or improving
- 2:29member outcomes?
- 2:31So I like to break down
- 2:33our approach to
- 2:35the balance of affordability and quality into three
- 2:37different domains. We use
- 2:40efficiency,
- 2:41prevention, and access.
- 2:43Efficiency allows us to deliver a high quality
- 2:45care at,
- 2:47at a better price point
- 2:49through,
- 2:50economy of scale, but also through technologies that
- 2:53streamline the experience and improve communication for patients
- 2:56and providers.
- 2:58We also
- 2:59leverage technology
- 3:00to support our administrative
- 3:02responsibilities.
- 3:03So for example, when you deliver over
- 3:061,500,000
- 3:08visits a year, you wanna be able to
- 3:09deliver quality at scale. And the way that
- 3:11you do that is by using an AI
- 3:14intervention, for example, to help with quality chart
- 3:18reviews. And that allows us to
- 3:20manage our leadership workforce and at the same
- 3:23time as that support
- 3:25the oversight of quality and safety,
- 3:28at a volume that's much higher than one
- 3:29would ordinarily be able to support.
- 3:32We focus very much on optimizing processes, and
- 3:35and we have a
- 3:37continuous process improvement philosophy that allows us to
- 3:41take any existing
- 3:42programs or interventions that we have and focus
- 3:45on making them even more impactful.
- 3:47The second area that we focus on is
- 3:48prevention.
- 3:49And the concept here, of course, is that
- 3:52in order to
- 3:54reduce the total cost of care, you have
- 3:55to keep people healthy. You have to keep
- 3:57people from
- 3:59utilizing more expensive health care services, and you
- 4:01have to prevent them quite frankly from, needing
- 4:04to miss work.
- 4:05And so our interventions
- 4:07not only
- 4:08deal with care in the moment,
- 4:10but are very strategically focused on thinking about
- 4:14the future needs of an individual. So when
- 4:17a patient comes in for their virtual primary
- 4:19care, for example, we're not just managing their
- 4:22complaint in the moment. We're thinking about what
- 4:24preventive screenings they need, what we can do
- 4:27to ensure that their diabetes is well controlled,
- 4:29and that is
- 4:30a chunk of the work that we do
- 4:32at any given time.
- 4:34And then the third area is access because
- 4:36you can't
- 4:37have good health care if you can't access
- 4:40health care.
- 4:41So we have a twenty four seven
- 4:44strategy
- 4:45that allows us to deliver primary care at
- 4:4810:00 at night or on a Saturday morning.
- 4:51If you have an urgent care need, you're
- 4:53gonna see us within twenty minutes.
- 4:55If you need routine care, even in primary
- 4:59care, we have the ability to offer that
- 5:01the same day. If you are in need
- 5:03of behavioral health services, we can actually manage
- 5:06those within
- 5:07within a week. Our physicians can refer patients
- 5:10to in network specialists,
- 5:12which means that we can help to,
- 5:15ensure access and connectivity to the health care
- 5:18providers that are within an individual's network. And
- 5:21because we also show cost transparency, we actually
- 5:24show the cost of the visit in advance.
- 5:26We allow individuals to make the decisions that
- 5:28they need to make with regards to how
- 5:30and when and where they wanna access care.
- 5:32And then the last point I would say
- 5:34is that the approach that we've chosen to
- 5:36use
- 5:37means that patients are not pursuing health care
- 5:40in other
- 5:42venues.
- 5:43About twenty percent of our MD live patients
- 5:45indicate that they would have delayed care if
- 5:47we had not been available to them. MD
- 5:49live had not been available to them as
- 5:50a service.
- 5:51Well, I'd love to go deeper into this
- 5:53conversation about quality of care. So in an
- 5:56ever evolving regulatory landscape, what best practices or
- 6:00tools does your organization rely on to keep
- 6:02quality of care at the forefront?
- 6:05I appreciate you asking the question. It's important
- 6:08to recognize that in the DNA of MD
- 6:11live,
- 6:12quality and safety are the top focus.
- 6:15When we have a business review, when we
- 6:18review
- 6:19performance,
- 6:20we don't start with financials. We don't start
- 6:22with utilization. We start with quality and safety.
- 6:25We we talk about whether or not there
- 6:27have been safety events. We talk about how
- 6:29our physicians are performing
- 6:31from a quality point of view. That's where
- 6:33we always start, And that message is delivered
- 6:36to
- 6:37our entire team, whether that's marketing
- 6:40or strategy or product,
- 6:42quality and safety come first. When we develop
- 6:45clinical interventions,
- 6:47we are always using evidence based guidelines.
- 6:51When we develop interventions, we ensure that they
- 6:54are being reviewed, embedded, and produced by licensed
- 6:57health care professionals, physicians, therapists, and other.
- 7:01When we select physicians or therapists to be
- 7:03in our network,
- 7:05they are all board certified and are robustly
- 7:08vetted.
- 7:09And
- 7:10when we develop new clinical interventions,
- 7:12they're reviewed every single year.
- 7:15Nothing that we do becomes outdated because we
- 7:17are constantly looking at what we offer
- 7:20to ensure that it is up to date
- 7:22with the most recent literature.
- 7:25Finally,
- 7:26what I would say is that the platform
- 7:28that we've created
- 7:29is designed in such a way as to
- 7:31make it easier for physicians or therapists to
- 7:34do the right thing.
- 7:35The platform
- 7:37helps to facilitate
- 7:39thoughtful clinical decisions.
- 7:41It helps to facilitate
- 7:43ease of decision making in such a way
- 7:45that we worry less
- 7:48about whether or not a physician is going
- 7:51to make the right decision because we are
- 7:53confident that it's going to happen just because
- 7:55of the way we're structured.
- 7:56Thank you so much for sharing. And looking
- 7:59ahead,
- 8:00what do you see as the biggest opportunity
- 8:02for payers to lead the charge in transforming
- 8:04care delivery and driving better outcomes for all
- 8:06stakeholders? How can leaders take a step in
- 8:09this direction now?
- 8:11You know,
- 8:12I would make the argument that
- 8:15we should be acknowledging and embracing the fact
- 8:19that change is happening and is going to
- 8:21continue to happen.
- 8:23For example, if you think about the length
- 8:25of stay in the hospital for a heart
- 8:27attack in 1990, it was between nine and
- 8:30ten days.
- 8:31When you think about the length of stay
- 8:33in the hospital today for a myocardial infarction,
- 8:36it's three days.
- 8:37A hip replacement in 1970, you were in
- 8:40the hospital for seventeen to twenty days, and
- 8:42now it's a same day procedure.
- 8:44Every
- 8:45step of the way,
- 8:46care is being moved from being
- 8:49in a hospital to being in an ambulatory
- 8:52setting. And now health care is being moved
- 8:54in an ambulatory setting from a specialist to
- 8:56primary care, and then it moves into the
- 8:59virtual space.
- 9:01And our role is to recognize that that
- 9:03is the direction that health care is is
- 9:05moving in, and our role is to make
- 9:08sure that we are
- 9:10well positioned to support the movement of
- 9:13that care to the home, to a virtual
- 9:15space. And so the way that we do
- 9:16this is
- 9:18we focus on
- 9:20enhancing and personalizing the patient experience.
- 9:23We
- 9:24work as much as we possibly can to
- 9:27broaden the number of clinical capabilities
- 9:30that we can offer even in a home
- 9:32based environment through through a virtual platform, and
- 9:35that includes things that you historically would have
- 9:37gone into the office for. Some of those
- 9:39are around managing
- 9:41chronic disease,
- 9:42hypertension,
- 9:44diabetes,
- 9:45obesity.
- 9:46And some of those are focusing on other
- 9:48areas that are very much priorities
- 9:50for,
- 9:51men and women in the course of their
- 9:54daily health experience,
- 9:56women's health, menopause care, contraceptive management.
- 9:59Our role is to ensure that our clinical
- 10:02capabilities and specialized care are expanding,
- 10:06and that we're offering more optionality in terms
- 10:09of referrals, for example. Absolutely. I would say
- 10:12that we're also
- 10:13redefining the referrals so that it's not just
- 10:15to,
- 10:16in person care,
- 10:17but also to other virtual services.
- 10:20And now you mentioned
- 10:21diabetes care and weight loss
- 10:24medication. So I'd really like to hear your
- 10:26thoughts on the recent explosion,
- 10:28in popularity of direct to consumer
- 10:30virtual care services
- 10:32that promote easy access to prescription medications
- 10:35to treat everything from weight loss to hair
- 10:37loss to ED.
- 10:39Thank you for asking the question.
- 10:41The first point
- 10:43that is worth keeping in mind when we
- 10:45think about
- 10:46the trend towards direct to consumer care is
- 10:49that health care
- 10:51is a service industry. It's a service industry
- 10:54with consequences, however, because if you're not receiving
- 10:57the service you need, then you may not
- 10:59be receiving crucial health care or you may
- 11:01be delaying it in some fashion or another.
- 11:03So that's point number one. Point number two
- 11:06is that
- 11:07patients want more control over their health care.
- 11:10They want more control in the decisions that
- 11:12are being made. They wanna be more informed
- 11:14than perhaps in the past, and they're willing
- 11:17to pay for it. With that, however, there
- 11:19is a component of risk because
- 11:22if
- 11:23those decisions are not informed decisions
- 11:26and a patient is willing to pay, then
- 11:28they could go down a pathway of receiving
- 11:30care that is not in their best interest.
- 11:33So the direct to consumer
- 11:35journey
- 11:36is one that is going to become increasingly
- 11:38more prevalent in The United States,
- 11:41and our role within MD Live is going
- 11:44to be to
- 11:45to be a partner acknowledging
- 11:47the need and the desire for control, but
- 11:50to do so in a way that ensures
- 11:53high levels of quality and safety.
- 11:55And if an individual's priorities may not entirely
- 11:59align with
- 12:01what a physician might recognize
- 12:03as a priority in their health care. Our
- 12:06role
- 12:07is to help support a journey that both
- 12:09meets the patient's needs and at the same
- 12:11time as that keeps them healthier, makes them
- 12:13healthier.
- 12:14So our model, which is
- 12:16not just focused on direct to consumer, but
- 12:18it's a more comprehensive and more holistic approach,
- 12:21would focus on a patient's priorities
- 12:25and at the same time as that, their
- 12:27clinical needs.
- 12:28Most of the time, that's also covered by
- 12:30their insurance.
- 12:32And if necessary, we have the ability, and
- 12:34if desired, to share that information
- 12:36with their
- 12:38primary care provider or their specialist provider in
- 12:41the community.
- 12:42Alright. Well, thank you. Again, this is Haley
- 12:44Recker with the Becker Payer Podcast recording live
- 12:47at the Becker's third annual spring payer issues
- 12:49roundtable. Thank you so much for joining me
- 12:52today. Thanks.