David W. Johnson

CEO, 4sight Health
Author, Market vs. Medicine: America’s Epic Fight
for Better, Affordable Healthcare

Investment banker and author. Expert on healthcare reform disruption and market-driven transformation

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Biography

David W. Johnson believes that the future of American healthcare depends on delivering superior patient care while cutting waste. He makes the compelling case that to successfully eliminate undesirable outcomes — like medical errors, over-treatment, under-treatment, patient mistrust, misdirected research investment — and their associated human and financial costs, healthcare and related companies must adopt new business models.

“Dave Johnson … brings a practical reality to a discussion that often times can become academic or impractical. He outlines a compelling diagnosis for the problems bedeviling American healthcare and then highlights several high leverage areas that can be transformative to those problems.”
— John Koster, M.D., Former CEO, Providence Health & Services

The author of Market vs. Medicine: America’s Epic Fight for Better, Affordable Healthcare, Johnson's expertise extends to health policy, academic medicine, economics, statistics, behavioural finance, disruptive innovation, and organisational change. He employs this background to posit real-world, market-driven solutions to today's most pressing healthcare issues.

Whether the topic is the balance of information exchange between doctors and patients, the value of healthcare pricing transparency, the cost of health insurance, or the wisdom of exploiting environmental factors vs. genetic research to treat and prevent disease, Johnson provides an engaging, deeply knowledgeable, multi-disciplinary perspective. The solutions he offers to one the country's most pressing issues are exceedingly practical and, at the same time, radically disruptive.

Johnson is the founder and CEO of 4sight Health, an industry consultancy. An investment banker for over 28 years, he managed over $30 billion in healthcare revenue bonds and led significant strategic advisory engagements for his health system clients.

The author-in-residence at MATTER, a Chicago-based healthcare incubator, as well as at the Health Management Academy, he is a monthly contributor to Cain Brothers’ Industry Insights and a regular commentator for Modern Healthcare's digital edition. His civic and professional affiliations have included board and committee positions at Harvard School of Public Health; Harvard Medical School; the Chicago Council on Global Affairs; the University of Chicago; the Health Management Academy; CHRISTUS Health; and the Terence Cardinal Cooke Health Center.

Johnson holds a Master's Degree in Public Policy from Harvard University. A former Peace Corps volunteer, he maintains his own health, in part, by running marathons.

Books

Market vs Medicine

America's Epic Fight for Better, Affordable Healthcare

David W. Johnson

U.S. healthcare is too expensive, asset-heavy and tolerant of excessive performance variation. It is over-invested in acute/specialty care and under-invested in prevention, primary care, behavioral health and chronic disease management. It makes too many mistakes and refuses to learn from them. Our long-term quality of life, standard of living and social mobility depend on converting America’s “sickcare” system into a true healthcare system. Strong incumbents dominate an expensive and fragmented system that is financially unsustainable, delivers mediocre health outcomes and fails to address the root causes of America’s chronic disease epidemic. This medical empire is fighting to maintain the status quo and its vested interests. Its day of reckoning has come. New competitors and business models are emerging to challenge entrenched, inefficient and ineffective business practices. They’re relentless. They fight to win customers every day by delivering better, more convenient and more affordable healthcare services. Market vs. Medicine goes beyond diagnosis to consider how sustaining and disruptive innovation will make U.S. healthcare better at diagnosing and treating illness while developing care management capabilities that promote prevention, behavioral health and chronic disease management. In the epic battle underway, market-driven reform, more than regulatory change, will transform and improve America’s broken healthcare system. The marketplace will differentiate winners and losers. Value rules.

CreateSpace Independent Publishing Platform (8 Jun 2016)

Praise

“Dave Johnson is like a master pathologist looking through a microscope. He identifies one of the key drivers of inefficiency in US healthcare— a healthcare system, revolving around hospitals, that has exploited the generosity of public payments to become bloated and inefficient; large hospitals are cost-centers in search of revenue streams. This sophisticated diagnosis motivates a range of solutions that emphasize competition and payment reform to disrupt the status-quo. In the process we may be able to save money and save lives. ”
— Amitabh Chandra,Malcolm Wiener Professor, Harvard University

“Dave Johnson is a student of American healthcare. He not only has insatiable curiosity, but also has deep and broad connections to those who are actually engaged in transforming healthcare. He brings a practical reality to a discussion that often times can become academic or impractical. He outlines a compelling diagnosis for the problems bedeviling American healthcare and then highlights several high leverage areas that can be transformative to those problems. There are many things that are uncertain regarding the future of American healthcare, his premise that value will drive transformation is not one of those uncertainties.”
— John Koster, M.D., Former CEO, Providence Health & Services

Videos

Webinar: Patient Payments: New Opportunities for a Changing Marketplace | HealthiPASS

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