Richard Di Benedetto

Richard di Benedetto is President Aetna International. In this role, Mr. di Benedetto has responsibility for one of the largest global health benefits businesses, serving more than 500,000 members living and working in nearly every country in the world. Aetna International provides expatriate health benefits and collaborates with health care systems, government entities and plan sponsors to design locally appropriate solutions to measure and manage wellness, and improve health, quality and cost outcomes worldwide.

Mr. di Benedetto came to Aetna in June 2013 from Euromedic International, where he served as chief executive officer for one of the largest European private medical services providers in the field of diagnostic services, laboratories and cancer treatment. Euromedic operates 130 centers in 15 countries and employs more than 3,000 people. Joining Euromedic in 2010, he successfully oversaw a transformation of the company internally and externally in just three short years with a focus on organic growth in priority countries.

Prior to Euromedic, Mr. di Benedetto spent 15 years with GE Healthcare. During his time with GE, he held a variety of leadership roles with increasing responsibility, including general manager, Medical Systems, for Eastern European Operations, and vice president Sales Europe, Middle East, and Africa for the Medical Equipment division. Most recently he served as the president and chief executive officer of their Eastern and Africa Growth Markets. Based in Istanbul, he grew the business 27 percent in the first year and expanded the company’s global footprint (80+ countries) in emerging markets through a combination of organic and inorganic growth.

Mr. di Benedetto also worked for the Econocom Group SA based in France and Germany from 1987 to 1994.

I was delighted to speak at the 2015 European MedTech Forum. This event is always a great opportunity to connect with old friends and colleagues and to be part of lively and innovative debates. This year, I had the opportunity to discuss the need for a new healthcare system in order to build a healthier world. Improving existing healthcare systems and developing new ones is a vital part of Aetnas’s vision. The aim? To make populations and individuals healthier for longer, more economically viable and also happier. So, in broad terms, where is healthcare today? It’s a 60 years old rats’ maze that, according to the Institute of Medicine, wastes $800 billion every year in the US alone, and isn’t actually focused on getting people healthy. In fact, I would argue that the system results in frustrated doctors and patients and a focus on episodic care. We need to start a holistic approach focusing on health and not just treatment . The challenge is a big one: the cost of care worldwide continues to increase chronic disease is becoming more prevalent as nations develop and there is a growing shortage of healthcare professionals to keep up with demand. The solution, however, is clear: a simpler healthcare system built around the customer. We need to change the whole healthcare ecosystem and move from a medical system to an integrated health system. We also must move from paying for treatment to paying for good health and build a system designed to keep populations healthy and address the continuum of care needs. Our blueprint for a future healthcare system comprises five interrelated components: - Proper system design – analyse the needs ofpopulations using big data to provide the care that’s needed; - Health IT – the future healthcare model incorporates sophisticated IT as...