Read this article about Blue Cross Blue Shield of Michigan, one of our finalists, in the category Best Achievement of Operational Excellence in Healthcare, selected by the independent judging panel, for the 2019 Business Transformation & Operational Excellence Industry Awards program. Click here to read articles on other finalists.
Early in the decade, Blue Cross Blue Shield Michigan (BCBSM) faced rising competition in a challenging and uncertain industry landscape — the Affordable Care Act significantly changed the regulatory and market environments, competition from large, for-profit insurers was increasing, and the rising cost of care was a growing burden for individuals and employers. These developments created threats to BCBSM’s market position, but also presented opportunities to strengthen its competitive position and the company’s performance. In response, BCBSM embarked on an enterprise transformation centered around three areas of emphasis:
The results of the transformation were impressive – more than $1 billion in total business value delivered, consistently exceeded targets, and double-digit improvements. Behind the astounding results, is the vision of a leadership team that understood the critical importance of blending Customer Experience, Operational Excellence and Corporate Culture – not as three initiatives, but as inseparable parts of the transformation itself – all aligned with the organization’s Mission, its core customer commitment and its social mission.
The BCBSM mission is to be its members’ trusted partner, providing affordable, innovative products that improve their care and overall health. Doing this with a relentless customer-focus, BCBSM aspires to clear and simple communication, that helps members make the right choices for themselves and their families. Therefore, the ultimate measure of success is customer satisfaction. Since 2014, BCBSM has measured this with its annual Member Score – a single metric that scores the entire member experience through “Easy, Useful, Enjoyable.” Despite rising member expectations, and an increasingly complex health care environment, the BCBSM Member Score has remained steady – an impressive achievement, evidenced by the organization earning the 2018 J.D. Power and Associates for “Highest Member Satisfaction among Michigan Commercial Health Plans.”
Because BCBSM is a non-profit mutual company, it holds itself to standards beyond its financial performance – the primary objective of for-profit organizations. Stable finances are critical to effective operation and sustainability, but since BCBSM is owned by its policyholders, there are no traditional shareholders within its stakeholders, so it is able to serve a broader social mission as well. BCBSM leads efforts in Michigan to address the opioid crisis, and BCBSM has contributed $355 to the Michigan Health Endowment Fund over the past four years and made a total commitment of $1.56 Billion to this fund, to improve the health of all citizens of the state.
Through its operational excellence, BCBSM has not only transformed its own culture to ensure sustainable customer-focused, excellence-driven business operations, it has strengthened its ability to expand access to quality health care for all, address unique health needs of diverse populations and enable sustainable communities.
The Business Transformation & Operational Excellence Awards have been established to showcase globally the most outstanding organizational achievements through the application of Operational Excellence programs. Click here to view the Press Release.
The winners for all categories and for The Platinum Awards will be announced at The Business Transformation & Operational Excellence Summit & Industry Awards on Wednesday March 20th, 2019, from 6.30pm, in the Venetian Ballroom at the Loews Portofino Bay Hotel at Universal Orlando Resort®.
The Business Transformation & Operational Excellence Awards are open to all organizations, both private and public sector, across the globe, which have implemented Operational Excellence programs to deliver outstanding business results.
The 2019 Awards will be held in conjunction with the Business Transformation & Operational Excellence World Summit on March 20, 2019 in the Venetian Ballroom at the Loews Portofino Bay Hotel at Universal Orlando™
BTOES is the industry’s biggest and best, senior-level, cross-industry gathering of Business Transformation & Operational Excellence industry leaders and senior executives.
It also hosts the Business Transformation & Operational Excellence Awards, which showcase globally the most outstanding organizational achievements through the application of Operational Excellence programs.
The summits hosts a number of private forums for C-Level & Global corporate-level leaders as well as business unit heads.
With over 150 speakers, over 100 sessions, 12 Keynotes, 9 Track Themes, 5 parallel tracks, 60+ track sessions, 50 roundtable discussions, 20 Interactive Workshops, 6 Thought Leader Panels, 5 Leaders Boardrooms, 5 co-located events, the Industry Awards Program, Site Visits, 20+ hours of social networking including 2 gala cocktail parties, dinners, numerous group activities, this is the ultimate event to benchmark, network and drive Operational Excellence to the next level.
There is a strong focus on Cultural Transformation, Customer Delight, Sustaining an Operational Excellence program, Need for end-to-end Business Transformation, Keeping up with new technologies/impact of digitalization and Leadership Buy-in & Understanding. We dedicated two tracks to advanced technologies, such as AI, Machine Learning, RPA, Predictive Analytics, Blockchain, Cloud infrastructure etc.
The agenda is designed to encourage active meaningful conversations though all day enhanced networking and interaction opportunities, including
All-day Refreshment & Themed Breaks
1¼ Hour Hot Breakfast Networking Sessions
1½ Hour Hot Plated Networking Lunches with Topic & Industry Sector focussed tables
1½ Hour Roundtable Sessions by Topic & Industry Sector.
Keynote & Themes Panel Sessions
Hosted Welcome Receptions from 5.30pm
Expanded more lavish Awards Program
Newly launched Night Summit for attendees to meet after dinner
For more information or to discuss the summit in more detail please schedule a call below,
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Full-length speaking sessions from the Business Transformation & Operational Excellence World Summit, accompanied by featured articles from the Speakers themselves.