Peter Banko talks about Centura's embrace of virtual medicine the huge revenue opportunity in its active pursuit of payer partnerships and the level of transformation required.
Peter Banko has a grand plan for Colorado's Centura Health System.
Part of it includes encouraging people look at one of the state's biggest health systems as more than the sum of its 17 hospitals.
Banko took the reins of the system serving Colorado and western Kansas from Gary Campbell, who served as president and CEO since 2008.
Campbell will continue to serve as a special adviser to Banko, 50, who arrived as president and chief operating officer 17 months ago from Catholic Health Initiatives, one of Centura's two corporate parents. The other is Adventist Healthcare.
HealthLeaders recently spoke with Banko about his plans for leading the $3.5 billion (operating revenue) health system into the future. Following is a lightly edited transcript of that conversation.
HealthLeaders: Your plan focuses on the importance of aligning physicians, hospitals and payers. That's a common goal, but what does it mean to you?
Banko: In short, it means delivering value. To do that, first we want to achieve cost-consistency across our markets.
It's a delicate dance, but we started that journey over the past year. That way we're making changes before we find ourselves behind the eight-ball.
Philip Betbeze is the senior leadership editor at HealthLeaders.