Omar Ishrak @MedtronicCEO
Ishrak joined Medtronic as CEO in 2011, and with vision, restructured and reformed the med-tech giant. His biggest accomplishment, to date, was the acquisition of Covidien, last year. The merger was a $49 billion endeavor that increased Medtronic’s revenue by 60%. The business deal also gained some attention for the crafty decision to headquarters out of Covidien’s home in Dublin, Ireland, while retaining Medtronic’s base of operations in Minnesota. This is expected to create a cost savings of $840 million a year due to lower corporate tax rates. This move rankled some in Washington as it was criticized by President Obama as having “gamed the system.” Ishrak was named to the Modern Healthcare’s 100 Most Influential Leaders of 2015.
Why he is a thought leader.
Ishrak has been an outspoken advocate of bundled payment systems that he and many other feel will lead to the focus being on patient care instead of financing.
His Twitter feed shows that he is an avid outdoorsman who cares deeply for his family. He is clearly a proponent of value-based health care and shares often his insight into government, business and health care.
08 May 2016 @MedtronicCEO (…) value in health care means better outcomes for patients & lower costs for the system. This can only be good for all stakeholders, including patients
Kent Thiry @KentThiry (CEO DaVita Healthcare Partners)
Known for his unique leadership style, adopting early the concept of “workplace engagement.” Thiry says the most impactful business advice he ever got was, “They don’t care how much you know until they know how much you care.” Caring has become the primary value proposition of his company. DaVita is the second-largest provider of dialysis in the United States. In 1999, however, when Thiry was picked to run the company, known then as Total Renal Care, it was headed toward demise. Struggling with high employee turnover, lawsuits and impending bankruptcy, the strategy was simple; start with intent.
“We learned that if you state the intent out loud, most people feel a huge obligation to do what they say; and, therefore, if you get people to talk about ideals or values or a mission out loud, they’re far more likely to want to pursue it.”
Why he matters.
Thiry is interested in governmental healthcare reform at the most practical level. Around 90% of the patients who use his company’s services are dependent on government for healthcare assistance. He understands that the issue goes beyond financing to the more important factor of what he calls a “deep misunderstanding, in the government, of healthcare delivery.”
Often retweeted by industry greats, Kent Thiry’s twitter feed is an amalgam wit and wisdom. He seems to care deeply for his 67,000 employees as well as the many thousands of his company’s patients.
9 Jul 2016 @KentThirySpeak your dreams, it makes them much more likely to come true. No one climbs a mountain accidentally.
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