Fellow for Value Based Care Leadership
Oak Street Health is a rapidly growing, innovative company of community-based healthcare centers that provides high quality health and wellness care that improves outcomes, manages medical costs, and provides an unmatched experience for adults on Medicare in medically underserved communities. By providing holistic, comprehensive and integrated care right in our patients’ communities, we can keep our patients healthy and reinvest those cost savings in further care for those same communities and others. Since 2013, Oak Street Health has brought its singular approach to tens of thousands of people in Illinois, Indiana, Michigan, Pennsylvania, and Ohio. Oak Street Health now has nearly 50 locations and is attracting and cultivating team members who embody Oak Street values and are passionate about the mission to rebuild healthcare as it should be.
In partnership with the Kellogg School of Management at Northwestern University, Oak Street Health has a new exciting two-year Fellowship for Value-Based Care Leadership that is designed for physicians interested in clinical leadership. Enlightened clinical leaders require a comprehensive knowledge of the healthcare delivery system and an understanding of business operations to make informed decisions in a value-based model of care. Fellows will gain first hand leadership experience by working closely with executive leaders on high priority projects while rotating through our core business units: Population Health, Clinical Operations, and Comprehensive Care Delivery. Successful completion of this 24-month program will include a sponsored Master of Business Administration (MBA) degree from the Kellogg School of Management. Upon completion, fellows will be considered for a clinical leadership position with Oak Street Health.
This program is designed to help fellows integrate medical training with advanced principles of value-based care and business concepts to be an effective leader in a value-based care environment.
Fellows will provide patient care three days a week and will spend two days a week working with each core rotation. Each rotation will last six months, providing fellows with a deep dive of Oak Street Health’s core business units. Once all core rotations are complete, fellows will have the opportunity to select a three month elective rotation of interest (e.g., managed care operations, marketing, business intelligence, etc.). After all rotations are complete, fellows will gain field leadership experience serving as an interim medical director for three months at an Oak Street Health clinic.
Population Health: Under direct supervision of the Chief Population Health Officer, fellows will build interventions to contribute to a higher quality, more cost-effective care delivery system.
Clinical Operations: Collaborate with clinical leaders on projects centered around consistency in standard operations, promoting a high safety practice environment, and ensuring a seamless patient experience.
Comprehensive Care Delivery: Develop a deep understanding of managed care and the essential components (utilization management, transitional care, care navigation, etc.) of a value-based care model that extend beyond the patient’s visit to their primary care provider.
Capstone Venture: Upon completion of the core curriculum, fellows will have the opportunity to select a business unit of interest for a rotational experience.
Field Leadership: Upon completion of the core curriculum and electives, fellows may serve as a leader in the field at an Oak Street Health center in the Chicagoland area under the supervision of a Senior Medical Director. Responsibilities will include opportunities to manage and motivate teams, execute local projects and initiatives, and drive operational excellence.
Lecture Series: In a case-based format, fellows will study value-based care models, health policy, leadership and more.
Master of Business Administration (MBA): During the course of the fellowship, fellows will complete the requirements to earn an MBA in the evening and weekend program at Northwestern University’s Kellogg School of Management fully sponsored by Oak Street Health. Fellows will also receive credit toward their MBA for each successfully completed Oak Street Health rotation.
Mentorship & Executive Leadership Exposure
Over the course of the learning experience, fellows will work closely in regular mentorship meetings with a Senior Medical Director to understand the day to day challenges and experiences of medical leadership. Fellows will also have the exclusive opportunity to connect and build relationships with Oak Street’s c-suite through quarterly “Lunch and Learn” sessions with senior executives such as the Chief Executive Officer and Chief Operations Officer.
Oak Street Health offers our fellows advantages that simply can't be found in other traditional programs, including:
General Oak Street Provider Benefits:
- Generous compensation relative to other training programs in Chicago
- Outpatient responsibilities only
- Full malpractice coverage
- Generous benefits, including vacation time, health insurance, retirement benefits, and C.M.E. stipend
- Additional stipends for conference attendance
- 53 beautiful centers focused around the community
- Small patient panels for consistency and focus
- Cloud-based electronic health record and enterprise suite
- Innumerable support resources to help you provide outstanding care
Oak Street Fellow Benefits:
- Sponsored MBA degree from Northwestern University’s Kellogg School of Business
- Sponsored local and national conferences
- Regular exposure to executive leadership
- Longitudinal mentorship from a Senior Medical Director
- Rotations through value-based care business units including Population Health and Care Navigation
- Reduced clinical workload
Oak Street Fellow Activities
- Flexibility to choose an elective on a topic of interest (e.g., managed care operations, marketing, business intelligence, etc.)
- Develop advanced proficiency in analyzing data (e.g., Excel), with options for formal training
- Build and present business cases to executives
- Represent Oak Street Health at national conferences and other public events
- Participate in a longitudinal physician specific leadership development curriculum
- Participate in regional and national Oak Street Health leadership meetings
- Develop and drive pilots from beginning to end
Why does Oak Street Health offer all of these benefits? Because we know what it takes to deliver the highest level of care, and our care teams deserve the best resources to succeed and enjoy their work.
Ideal fellowship candidates will:
- Have a strong desire to gain meaningful leadership experience
- Have experience in or a strong interest in data analytics
- Have held a leadership position while in residency or medical school
- Have the ability to multitask and handle both clinical and non-clinical responsibilities
- Be self starters who are willing to take initiative to align projects with the organizational mission
- A strong interest for mentorship and team-development
- A passion for providing excellent primary care
- A supportive attitude toward our patient population of older adults
- Have outstanding interpersonal communication skills
- Be motivated to be a part of a fast growing, rapidly evolving organization with significant opportunities for growth and development
- A proactive and adaptable working style - able to cover tasks as they arise
- A problem-solving orientation and eagerness to identify process gaps and implement practical solutions
- A servant leadership style with a focus on building highly effective teams
- Have board certification/eligibility in Internal Medicine or Family Medicine
Oak Street Health embraces diversity and encourages all interested readers to apply. Applicants must be willing to relocate to Chicago, IL for this program.