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July 01, 2015 5:30 PM ET

Healthcare Providers and Services

Company Overview of Banner Health

Company Overview

Banner Health owns and operates acute-care hospitals and healthcare facilities in Alaska, Arizona, California, Colorado, Nebraska, Nevada, and Wyoming. It offers Alzheimer's, bariatric surgery, behavioral health, burn, cancer, emergency care, heart care, home care, hospice, insurance and Medicare, maternity, medical imaging, neurosciences and stroke, orthopedics, pediatrics, physician practices, poison and drug information, rehabilitation, research, sleep centers, surgical care, transplant, urgent and same day care, and women's health services. Banner Health was formerly known as Banner Health System and changed its name to Banner Health in April 2003. The company was founded in 1938 and is ...

1441 North 12th Street

Phoenix, AZ 85006

United States

Founded in 1938





Key Executives for Banner Health

Chief Executive Officer, President and Director
Age: 63
Chief Financial Officer and Senior Vice President
Chief Executive Officer of Washakie Medical Center
Chief Executive Officer of Banner Behavioral Health Hospital - Scottsdale
Chief Executive Officer of Page Hospital
Compensation as of Fiscal Year 2015.

Banner Health Key Developments

Arizona State University and Banner Health Launch Major Effort to Fight Neurodegenerative Diseases

Arizona State University and Banner Health announced a new research alliance to advance the scientific study, treatment and prevention of Alzheimer's, Parkinson's and other neurodegenerative diseases. The partnership between Arizona State University and Banner Health, includes the launch of a new Arizona State University-Banner Neurodegenerative Disease Research Center on ASU's Tempe campus. This effort capitalizes on Banner's internationally recognized programs in Alzheimer's disease research and patient care and ASU's rapid ascension as a research university. It also leverages Banner's close working relationships with other research organizations in Arizona. The new center at ASU will begin July 1 and the search for a scientific director will continue. As part of this partnership, ASU will invite six scientists from Banner Sun Health Research Institute to relocate to the Tempe campus where they will have access to other scientists, laboratory space and support to advance their research. The center is expected to rapidly grow to become a pre-eminent research center in both size and impact through aggressive recruitment of innovative research teams pursuing causes and treatments for neurodegenerative diseases. Banner will continue to grow its clinical and research programs at Banner Alzheimer's Institute and Banner Sun Health Research Institute (BSHRI). For instance, BSHRI plans to develop its clinical and clinical research programs for the study of Alzheimer's and Parkinson's disease, further develop its world-renowned Brain and Body Donation Programs for the study of these and other age-related disorders, and explore new opportunities to work with the rest of Banner and its organizational partners to expand and test new models of elder care. Together, Banner and ASU receive nearly $65 million in current research funding in the neurosciences. That number is expected to rise significantly with the recruitment of new researchers and funding.

Banner Health Announces Senior Leadership Changes at Banner Health Network and Banner Network Colorado

Banner Health has announced changes in leadership at Banner Health Network in Arizona and Banner Network Colorado as the organization focuses its efforts on strategic growth and industry leadership. Chuck Lehn, former chief executive officer for Banner Health Network and Banner Network Colorado, was named executive vice president of Strategic Growth for Banner Health in April. The following leadership changes, announced as a result of Lehn’s new role, are effective immediately: Lisa Stevens Anderson, formerly chief operating officer, has been named chief executive officer for Banner Health Network; Paul Kellogg, formerly Managed Care Physician Contract senior director, has been named vice president for Banner Network Colorado and Western Regional Business Development; Nishant (Shaun) Anand, MD, FACEP, formerly senior medical director for Banner Health Network, will now serve as chief medical officer. Stevens Anderson joined Banner Health in April 2013. Previously she was vice president of Provider Services at TriWest Healthcare Alliance. In that role she managed a network of 195,000 health care providers in 21 states, serving 3 million TRICARE beneficiaries. Kellogg joined Banner Health in 1998 and has served in a number of managed care and contracting roles. Most recently, he served as managed care physician contract senior director, where he was responsible for developing and implementing managed care strategies for 11 hospitals, more than 300 providers, ambulatory centers and home-based services. Dr. Anand is an accomplished physician leader at Banner Health, and is board certified in emergency medicine. Prior to his current role he was vice president of business development, then chief medical officer, for Emergency Professional Services in Phoenix.

Royal Philips and Banner Health Announce the Successful Results of their At-Home Telehealth Pilot Program for Patients with Multiple Chronic Conditions

Working together to address the shift toward value-based care and increased penalties for readmissions, Royal Philips and Banner Health announced the successful results of their at-home telehealth pilot program for patients with multiple chronic conditions. The Intensive Ambulatory Care (IAC) pilot program, part of the overall telehealth program at Banner, focuses on the most complex and high cost patients - the top 5% of patients who account for 50% of health care spend. The IAC program, first launched in 2013, aims to improve patient outcomes, care team efficiency, and prevent IAC patients from entering the acute care environment, where costs are significantly higher. As part of the pilot, Philips and Banner assessed the results of 135 patients to determine the effectiveness of the IAC program in meeting its clinical and financial goals. An analysis of the results of each patient's first six months demonstrated that the program: reduced costs of care by 27%. This cost savings was driven primarily by a reduction in hospitalization rates and days in the hospital, as well as a reduction in professional service and outpatient costs. Reduced acute and long term care costs by 32%. This cost reduction was primarily due to a significant decrease in hospitalizations. Reduced hospitalizations by 45%. Prior to enrollment in the IAC program, there were 11.5 hospitalizations per 100 patients per month; after enrollment, the acute and long-term hospitalization rate dropped to 6.3 hospitalizations per 100 patients per month. Acute short term hospital stays decreased from 7.7 hospitalizations per 100 patients per month to 4.9. Long term care, home health or other facility stays decreased from 3.9 hospitalizations per 100 patients per month to 1.4. Average number of days in the hospital per 100 patients per month also trended down from 90.2 to 65.8.

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