Inside The 2019 Forbes Healthcare Summit

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Inside The 2019 Forbes Healthcare Summit
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Seema Verma is the administrator of Centers for Medicare & Medicaid Services. Her team spends a lot of time unraveling past policies that no longer apply to the way healthcare works today, she said ForbesHealth

, portfolio manager of health sciences at BlackRock, told the audience what to expect in healthcare's near future: More big tech companies in healthcare, more data science and genomics and new classes of therapies.explained his strategy for his first year as CEO: centering the company on research and science by focusing on only six classes of drugs, which has so far resulted in better phase-two clinical trial outcomes—and a high growth rate for the company.

Seema Verma is the administrator of Centers for Medicare & Medicaid Services, but she doesn’t think her office has all the answers in healthcare. “Government is not the solution, and government is often the problem,” she said. Her team spends a lot of time unraveling past policies that no longer apply to the way healthcare works today, she said.

Moderator Moira Forbes joked with Sir Andrew Witty, President of UnitedHealth Group and CEO of Optum, about the mystery surrounding his company. “It is one of the biggest healthcare companies that no one knows anything about,” she said. Yet while many people may not know the inner workings of Optum, it touches millions of healthcare consumers across the U.S.

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