Northwell CEO Says Health Care Model Must Change
Channel: Bloomberg Television
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Read a transcript preview of “Northwell CEO Says Health Care Model Must Change” from Bloomberg Television, uploaded on 2026-10-17.
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Language: English (original, creator captions)
[0:00] Health care is one of the biggest and most expensive sectors of The US economy. If
[0:04] patients are struggling with affordability, hospitals are under financial pressure, and access remains a challenge. It's
[0:10] the topic of this week's c suite segment.
[0:12] Yeah. Joining us now is doctor John D'Angelo. He's the CEO of Northwell Health, New York
[0:16] State's largest health care provider and private employer. Welcome. Welcome to the studio.
[0:21] Well, thanks for having me.
[0:22] Sure. Sure. Now David kind of set it up nicely talking about a lot of the
[0:25] issues that the health care industry is going through. Is the tradition... I wanna start broad
[0:30] stroke here. Is the traditional health care model, do you think it's sustainable? And and and
[0:35] if not, what does a restructuring look like in your eyes?
[0:38] Sure. I think that the short answer is no. It's not sustainable. You know, we have
[0:43] an affordability crisis that's affecting all stakeholders. And I think we need to address that challenge
[0:51] holistically without breaking the things that you also alluded to in the opening, without breaking access
[0:58] or quality or outcomes. So we need a patient centered, patient focused road to affordability, which
[1:07] I'm very determined to help help guide.
[1:10] I just had my annual physical. My doctor about to retire, so we talked a lot
[1:13] about the challenges of getting new primary care physicians. But something he says, there's a lot
[1:17] of talk in government and policy at the high level. People opining about what needs to
[1:21] change. I'm so looking forwar