The State of Philadelphia Healthcare

DR. STEPHEN KLASKO is a transformative leader and advocate for a revolution in our systems of healthcare and higher education. His 2018 book is titled, Bless This Mess: A Picture Story of Healthcare in America – an account of how the USA was elected to the Intergalactic Council of Cool Health Systems by 2035. As President and CEO of Philadelphia-based Thomas Jefferson University and Jefferson Health since 2013, he has steered one of the nation’s fastest growing academic health institutions based on his vision of re-imagining health care and higher education. His 2017 merger of Thomas Jefferson University with Philadelphia University creates a pre-eminent professional university that includes top-20 programs in fashion and design, coupled with the first design thinking curriculum in a medical school, and with the nation’s leading research on empathy. His track record of success at creating and implementing programs that are shaping the future of health care earned him a place among Fast Company’s 100 Most Creative People in Business, Becker’s Hospital Review’s 100 Great Leaders in Healthcare in 2018 and on Modern Healthcare’s list of the 100 Most Influential People in Healthcare and Most Influential Physician Executives in 2017. That same year, his entrepreneurial leadership and success at recruiting helped Thomas Jefferson University Hospital achieve a #16 ranking – and elite Honor Roll status – on U.S.News & World Report’s Best Hospitals list. In 2018, Jefferson was invited to join the World Economic Forum. Dr. Klasko is a nationally recognized advocate for healthcare transformation, having served as dean of two medical colleges, and leader of three academic health centers before becoming President and CEO at Jefferson. He is author of 1999’s The Phantom Stethoscope, 2016’s We Can Fix Healthcare in America, and editor in chief of the journal “Healthcare Transformation.” Under his leadership, Jefferson Health has grown from a three hospitals to 14 with revenues that grew from $2.2 billion to more than $5.1 billion, annualized. The new Jefferson focuses on managing the health of populations in southeastern Pennsylvania and southern New Jersey. Jefferson has the largest faculty based tele-health network in the country, the NCI-designated Sidney Kimmel Cancer Center, and an outpatient footprint that is among the most technologically advanced in the region. This rapid growth led in 2017 to GE Healthcare signing with Jefferson Health the largest risk-shared partnership in the U.S., aimed at saving more than $500 million over eight years. Jefferson has 2018 annualized post-merger revenues of $5.1 billion, more than 30,000 employees, 7,800 students, 6,600 physicians/practitioners and 4,400 faculty. Through a unique four pillar model, academic-clinical-innovation-philanthropy, Jefferson has attracted both venture capital and transformational gifts. Sidney and Caroline Kimmel donated $110 million to Jefferson on June 18, 2014, the largest gift in the University’s history. Philanthropy and innovation have also resulted in the addition of the Marcus Institute of Integrative Health, nationally recognized for its modern medical and integrated therapies, and the Jane and Leonard Korman Respiratory Institute, a unique partnership between Jefferson Health and National Jewish Health. Previously, as CEO of USF Health and Dean of the Morsani College of Medicine at the University of South Florida, Dr. Klasko built the nation’s largest “assessment of technical and teamwork competence” center known as CAMLS (Center for Advanced Medical Learning and Simulation). He also led a partnership with the country’s largest retirement community, The Villages, to create “America’s healthiest hometown,” an innovative primary-care-driven, patient-centric, Medicare-based accountable care model. Dr. Klasko is ideally suited to lead such initiatives, having completed a grant after receiving his MBA from the Wharton School of Business of the University of Pennsylvania on selecting and educating physicians to be leaders of change. His unique medical education program at USF, called SELECT (Scholarly Excellence, Leadership Education, Collaborative Training), is recognized for its focus on choosing medical students based on emotional intelligence and leadership potential. Dr. Klasko also serves on the board of Teleflex (TFX), a NYSE global medical device company with a market cap of $12 billion. He has served on both the audit committee and governance committee and has been a director since 2008. He also is a trustee of Lehigh University, one of the nation’s leading engineering and business schools. He is married to Colleen Wyse, a fashion leader and founder of The Philadelphia Trunk Show, and has three children: Lynne, David and Jill.

Fady brings 20 years of healthcare consulting and design to his role as Practice Leader of Strategy Advisory Services for Array Advisors. He works with a wide range of healthcare organizations; community and children’s hospitals; and academic medical centers. Fady’s expertise focuses on strategic and capital planning; market assessment and clinical alignment; and real estate and physical asset portfolio optimization. When not tending to his clients’ asset opportunities, Fady can be found spending time traveling with his wife and three children.

As AKF’s Director of Healthcare, Michael is focused on developing long-term client relationships, providing a full range of mechanical design, coordination, and implementation services from planning through construction, often on multiple projects. With more than 13 years of healthcare engineering expertise, he is valued for his ability to clearly explain options to help clients make informed decisions. Mike maintains in-depth knowledge of current codes, standards, and new technologies and their impact on operational systems. He is also responsible for internal staffing for AKF's Mechanical Engineers.

As Vice President of Facilities Development, Julie Herb oversees all design and development, construction, and real estate for Virtua Health. Virtua is South Jersey’s largest health system with five hospitals and approximately 300 additional locations throughout the region. Having worked on a multitude of projects and negotiations over her career, including the region’s first Proton Therapy Center, Julie’s current responsibilities include executive oversight for care transformation initiatives at Virtua Our Lady of Lourdes Hospital and Virtua Mount Holly Hospital. Over the past twenty-five years, Julie has proven to be an industry leader in the health care real estate and development space. Among the many accomplishments throughout her leadership journey, Julie has led the facilities efforts for the Epic transformation across the multi-hospital system, the integration of numerous properties from acquisition activities, the disposition of facilities from a variety of initiatives, as well as billions of dollars of capital construction, renovation, and infrastructure projects. As a graduate of Franklin and Marshall College and the Business Management Program of the Wharton School of the University of Pennsylvania, Julie holds a professional designation with the Counselors of Real Estate, serving as Chapter Treasurer, and is also a Member of the Board of Trustees with Oaks Integrated Care.

Katie Jacoby is Executive Vice President, Strategy and Development for Anchor Health Properties, and is based in the firm's Wilmington, DE, office. Katie is responsible for leading and managing the Eastern U.S. development team as well as developing and implementing the Company's corporate strategic initiatives across the country. Ms. Jacoby has been with the Company for more than 10 years and in her previous roles has managed all aspects of the development process project concept through building opening. Prior to joining Anchor, Ms. Jacoby worked for a consulting company in Northern VA in their financial services division. She received a BBA degree in Finance from James Madison University.

Ben is a managing director in the Philadelphia office of JLL Capital Markets, Americas and a member of JLL’s national healthcare practice. He joined JLL as part of the HFF acquisition and specializes on the sale of and equity placement for medical office buildings, physician and hospital monetization, re-capitalizations and joint venture equity. Ben has advised on medical office and healthcare transactions of more than $1.7 billion. His clients include core funds, public and private REITs, pension fund advisors, developers, family offices, healthcare systems, fund managers and private equity firms.