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Cape Fear Valley is a 765-bed regional health system serving a six-county region of Southeastern North Carolina, with more than 935,000 patients annually. A private not-for-profit organization and the state’s 9th largest health system, it includes Cape Fear Valley Medical Center, Highsmith-Rainey Specialty Hospital, Cape Fear Valley Rehabilitation Center and Bladen County Hospital.

Friday, January 20, 2012

Cape Fear Valley CEO Talks To Wall Street About Healthcare Reform

NEW YORK – Cape Fear Valley CEO Mike Nagowski spoke before Wall Street executives today as part of an expert panel discussion on the healthcare industry.

The event was held by the Premier healthcare alliance and touched on topics, ranging from emerging healthcare trends and strategic partnerships to reducing costs and physician practices.
Nagowski spoke before the 99 executive analysts about healthcare reform and its burgeoning effects. The healthcare industry is consistently looking for news ways to improve performance while receiving less reimbursement from insurance providers.

Cutting costs is a tenuous option in the healthcare industry, where patient care quality is always a priority.

“Cape Fear Valley has been preparing for healthcare reform for years through our collaboration with Premier,” Nagowski said. “We’re focusing quality and safely reducing the cost of care through a number of initiatives.

“Our Transition of Care Clinic for congestive heart failure patients is a good example of how we are caring for patients outside the hospital. It’s not only a sound strategy for healthcare reform, it’s an effective way to improve the health status of our community.”

Cape Fear Valley Health and the Premier alliance of more than 200 other hospitals have partnered for several years to improve healthcare by collecting and analyzing performance data. The resulting best practices are then shared with more than 2,500 U.S. hospitals nationwide and 76,000 other healthcare offices and clinics.

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