Katy Reed

Senior Director of Healthcare Strategy

Seattle, WA, US

12062010748

Katy is a senior director of healthcare strategy at Milliman with over 15 years of experience. She joined Milliman in 2023. Katy's focus is on strategy and business advisory services for hospitals, health systems, medical groups, and other provider organizations.

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Experience

Katy has worked with clients across the country, ranging from small critical access hospitals to large health systems on a wide variety of programmatic initiatives. Her experience as a healthcare management consultant includes:

Organizational and programmatic strategy
Business plan and new program development
Market assessments and demand analyses by specialty, market, and/or service area
Provider network planning
Financial services, e.g., feasibility studies, financial projections
Compensation and productivity benchmarking and plan design
Hospital and physician partnership planning, design, and negotiation

Katy enjoys using and developing data analytical tools to help clients enhance patient care while accoutning for capital constraints and evolving care delivery models. Example projects include:

Helping a large national health system understand its current and future patient demand for healthcare services through the development of a successful, more consistent provider network strategy
Negotiating and designing a hospital-hospital joint operating agreement for their combined cardiovascular and neuroscience service lines; required developing a financially integrated service line and funds flow model, as well as a detailed set of financial projections to determine the optimal ownership structure
Developing a new primary care concierge model for a large medical center's employees and patients
Developing a multispecialty provider compensation plan for a critical access hospital transitioning to a new value-based payment model
Preparing a detailed business plan and set of financial projections for the approval of a new liver transplant program

Publications and Presentations

"Will Amazon’s Acquisition of One Medical Force Health Systems to Reinvent Their Primary Care Delivery?" ECG Blog, July 2022.

"Developing an Integrated Approach to Workforce Planning and Physician Network Design." ECG Whitepaper, October 2021.

"Collaborating to Realize the Value of Clinical Service Line Partnerships," The Governance Institute, April 2021.

"Collaborating to Realize the Value of Your Rural Hospital." The Governance Institute, April 2021.

"Cardiac Catheterization in the ASC: Strategic Considerations for Hospitals/Health Systems." Becker's Hospital Review, July 2020.

Education

BA, Biology, University of Texas at Austin
MBA, Strategy and Finance, Foster School of Business

Affiliations

Member, Healthcare Financial Management Association
Member, American College of Healthcare Executives

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Publications

Read their latest work

Article

Select approaches to measuring effectiveness in healthcare delivery

11 November 2024 - by Katy Reed, Austin Barrington, Kit Powell

With the rapid growth in new healthcare treatments, products, and care pathways, organizations need a robust approach to measure their effectiveness.

Article

Strengthening healthcare networks: How physician needs assessments and performance-based data can guide provider network planning

20 March 2024 - by Katy Reed

We discuss how physicians needs assessments can serve as a powerful tool for informed decision-making and the equitable distribution of healthcare resources.

Experience

Organizational and programmatic strategy
Business plan and new program development
Market assessments and demand analyses by specialty, market, and/or service area
Provider network planning
Financial services, e.g., feasibility studies, financial projections
Compensation and productivity benchmarking and plan design
Hospital and physician partnership planning, design, and negotiation

Katy enjoys using and developing data analytical tools to help clients enhance patient care while accoutning for capital constraints and evolving care delivery models. Example projects include:

Helping a large national health system understand its current and future patient demand for healthcare services through the development of a successful, more consistent provider network strategy
Negotiating and designing a hospital-hospital joint operating agreement for their combined cardiovascular and neuroscience service lines; required developing a financially integrated service line and funds flow model, as well as a detailed set of financial projections to determine the optimal ownership structure
Developing a new primary care concierge model for a large medical center's employees and patients
Developing a multispecialty provider compensation plan for a critical access hospital transitioning to a new value-based payment model
Preparing a detailed business plan and set of financial projections for the approval of a new liver transplant program

Katy Reed

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Experience

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Read their latest work

Select approaches to measuring effectiveness in healthcare delivery

Strengthening healthcare networks: How physician needs assessments and performance-based data can guide provider network planning

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Katy Reed

Experience

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