Erhardt Preitauer: Establishing transformative values to deliver life-changing
It takes vision and determination to challenge the norm and change the conventional direction of an industry. Due to its complex nature, many transformative changes in healthcare require careful attention to detail, but there are significant opportunities for disruptors to provide smart solutions that make people’s lives better. When erhardt Pretoria Joined Care source in 2018 He sees his two decades of transformative leadership and government-sponsored health planning skills suited to the organization.
As a skilled healthcare executive with a track record of significant growth, profitability, innovation and performance, Erhardt was able to gain extensive experience in building and leading mission-driven healthcare organizations to quickly adapt to leadership roles. Institutions. He replaces the founding CEO, who led the organization for 30 years and quickly adapted to the role. After only a year in this position, Glasdor has named Erhard as one of the highest rated CEOs in the country, along with some family names. She ranks # 20 on the annual list based on the merits of employee reviews.
Erhardt credits employees for being the heart of the mission-oriented company. CareSource is a non-profit health plan with over 2 million members in six states Founded in 1989, CareSource manages one of the largest Medicaid-managed care plans in the United States and offers health insurance, including Medicaid, the health insurance marketplace, Medicare benefits, and dual-qualified programs.
At its core, CareSource understands the challenges consumers face in navigating the healthcare system and is transforming healthcare with industry-leading programs that improve the health and well-being of its members.
Growing up on a small Hawaiian island with a diverse community based on solid but simple values, Erhard made his way. It gave him a perspective that helped him face a number of challenges in his professional and personal life. Knowing he took on this challenge “It will be cut too” And it took him to the right place. In his view, the challenges he faced laid the groundwork for navigating the epidemic in the last two years.
Erhardt believes that life is short so he prefers to integrate fun into everything he does. He credited his success to being surrounded by notable people and stressed the importance of this: “It’s all about people“Erhardt considers himself fortunate for the incredible opportunities he has had throughout his career and feels he is exactly where he wants to be. “I’ve worked for a few big national companies, but carers are where my heart is. I am really grateful to be able to lead this amazing and unique company. “
Healthcare with Heart
CareSource is unique in that it is the only organization that focuses on fully independent, non-profit and fully government-sponsored healthcare, such as Medicaid, Marketplace and Medicare. With $ 12 billion in revenue, Erhardt highlights that Caresource is large enough to invest in its people and communities and nurture the industry’s most powerful mission-based organization — but pivot small enough to innovate and drive fast. Respond to new opportunities with little bureaucracy or conflict. The company also decides differently and on different timelines, allowing for a highly transparent, straightforward and long-term outlook.
Erhardt believes that these unique elements, along with some of the strongest performance and quality metrics in the industry, will advance the vision of being a leader in serving them with the most complex needs, as well as achieving the goal of changing everyone’s life and community. People who serve it.
A transformative effect
In the pursuit of the best of the best, careers leadership thinks in two ways First, it likes to raise the bar for everyone by entering a market. Second, it helps the whole system in the same market এমনকি even when it does not directly benefit the carers. At the end of the day everyone benefits.
Erhardt is particularly proud of Caresource’s recognized programs that help people integrate their lives outside of healthcare, commonly called the social determinant of health. It helps many people get a job and quit the Medicaid program altogether. He notes, “We are the only organization that will invest in getting people from our membership list. We partner with mission-aligned community-based organizations and help gain access to additional funding. Often, these companies do not have the necessary business infrastructure or the ability to write grants. Helping these organizations benefits the entire ecosystem এমনকি even our competitors. We are also one of the best operating and most innovative companies in the industry. We often work with states to raise the bar for what stakeholders expect about health plans, which means everyone wins. “
Adoption of technology
Technology has advanced rapidly over the last few years, and Erhard sees huge opportunities to use technology in new and better ways. There are many traditional uses of technology in industries such as telemedicine, data integration and clinical platforms. Caresource is investing heavily in this area, but also in less traditional areas. This includes engaging people behind the walls of social media, supporting doing more at home or in the community, and using AI to help people make decisions and communicate. Erhard says, “Involving people is a big issue for us. Although my team sometimes thinks I’m crazy, I also want to think ahead with a little time and resources – Metavers can have a lot of potential for what we do. I understand that these ideas are quite mundane to the average person in Silicon Valley. In the healthcare world, it’s fairly forward-looking – which brings me back to the fact that there are so many opportunities. “
Erhard also has a bold approach to the complexities of the industry. Looking at various pillars of healthcare such as health plans, doctors, hospitals, pharmacies, accessory vendors, PBM, Big Pharma and many more, he wonders if these companies have created unnecessary complexities and costs to protect their place in the ecosystem. Lack of transparency can add to the challenge. He insisted “There’s been a lot of talk about how to align these different columns, but I’m not sure if it’s happening as fast, or as transparently as it should be. I think about our mission, how we make decisions, our corporate form, our approach, our focus on lifting the whole system; We have to play a role in this. And we. We’ve built our market share and initiatives that are truly unique in helping to better align the system in a completely transparent way. “
Looking at the data, Erhardt believes that it will help future states to serve populations with complex needs. He sees an opportunity to make a big difference in people’s lives, improve quality and influence the overall cost of care. Carers are preparing for this in every case of the organization. Its platforms are optimized for complex populations, it runs specialized programs and employs many nationally renowned complex care professionals. In addition, it has acquired a company with a history of complex care. It is clear that this is a problem that Erhard is passionate about. He notes, “There are people with complex needs in every department and population in government-sponsored health plans. There is no clear leader in this area today কিন্তু but I believe there will be one soon. . “
When considering where he might be in the future, Erhardt finds himself in care. He envisions continuing the mission of CareSource and making a positive impact on people’s lives. He said “I love the difference we make, I love the people I can work with, I love the company and I love the communities we serve.”
Erhardt advised future leaders aspiring to be entrepreneurial in healthcare to point forward, whatever. He reflected on his conversations with a famous poker player. He told Erhart, “Any fool can win when the cards are running well.” In the end, the decision between a successful gambler and a failed gambler is how they played when things were not going their way. Erhard believes that this also applies to life; How you play when everything is not going well determines your success. Concerned neo-hippies and their global warming, i’ll tell ya. “It simply came to our notice then. Don’t become institutionalized. Shake things occasionally. Surround yourself with amazing people who want to make a difference. Do the right thing for the right reason. “
CareSource is a non-profit, multinational health plan recognized as a national leader in managed care. Founded in 1989, CareSource operates one of the largest Medicaid-managed care plans in the country and offers lifetime access to healthcare through Medicaid, including the health insurance marketplace, Medicare benefits and dual-qualified programs. Headquartered in Dayton, Ohio, CareSource serves 2 million members in Georgia, Indiana, Kentucky, Ohio and West Virginia. CareSource is also a partner of PASSE, which serves Arkansas people with complex behavioral health and people with intellectual and developmental disabilities. CareSource understands the challenges consumers face in navigating the healthcare system and is transforming healthcare with industry-leading programs that improve the health and well-being of our members.
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