On Being ReWired… with Karen Walker Johnson || EP. 156

On Being ReWired… with Karen Walker Johnson || EP. 156


Laurie McGraw is speaking with Inspiring Woman Karen Walker Johnson.

 

In this 2024 WBL (Women Business Leaders) Series, Karen begins our conversation talking about her path to sorting out retirement. What I learned from Karen is that she is exceptional at just about everything she has ever set her mind to with the minor exception of retirement.

 

Welcome to Karen Walker Johnson’s world of “reWIREment”. I am here for all of it.

 

Karen is a nurse… and she is a lawyer… and then decided she wanted to run a health plan. So she did that. She wasn’t lucky. She was clear and determined. She had a mentor who believed in her. He gave her opportunities. She took every one of them.

 

In this Inspiring Women conversation you are going to hear about an exceptional woman who has a strong interest in making a difference. In doing great work that serves vulnerable underserved populations. Someone who is grounded in family (Karen points to her 88 yo father as her greatest cheerleader and champion) and is committed to bringing the next generation along with her.

 

In talking about the trends to pay attention to, Karen points out that value based care is here and ensuring there is demonstrable focus on health equity is coming along with it.

 

Aiming to find a way to deal with the aftermath of George Floyd, Karen put her energy towards action and leadership. Karen turned her attention to Board Service where she is a Director at a number of organizations which she does today. We also spent time laughing about Karen’s desire to retire…which led her to her current role as CEO of another health plan . For Karen, retirement really just means reWIREment.

 

As we are speaking at the WBL Summit, Karen also talked about the importance of finding an active network of senior executive women committed to supporting each other just as she did at WBL.

 

 

Guest Bio:

A change catalyst and innovative problem solver, with a 35-year track record of driving organizational transformation in the healthcare industry. Having worked with Fortune 50 companies, experience encompasses P&L management, market share growth, product development, hospital administration, health plan operations, and sales serving Medicare, Medicaid, Long Term Care, and Commercial populations.

As an established strategic leader, pursues her passion for leadership development and positively impacting and improving the health status of vulnerable populations. Has consistently demonstrated the ability to drive innovation, market share growth (double-digit year over year), and superior quality outcomes as evidenced by achieving the coveted Medicare 5-star rating. Previously responsible for developing innovative clinical care models and end-of-life programs.

Currently serves on public and private boards.

[00:00:00] In this case, they really have to demonstrate that they're making a demonstrable improvement in outcomes.

[00:00:07] It's tying their successes, if you will, to how much they're paying. And I think that's here to stay.

[00:00:14] And I think that's a really good thing because, as I said, having gone through all the various

[00:00:19] aspects of a payer, one of the ones that really resonated with me is the quality piece. I

[00:00:24] worked in quality improvement. I worked in terms of really being able to demonstrate that what we

[00:00:31] were doing, what we were providing to our members actually made a difference in their health outcomes.

[00:00:37] And so when you think about value-based contracting, it really does tie and align very well to quality

[00:00:44] outcomes. So I think that's here to stay. That's a trend that is being just embraced more.

[00:00:48] I even see it now, not only in with primary care physicians, but you see it in specialty

[00:00:54] areas as well that specialists are also going to be paid that way.

[00:01:03] This is Inspiring Women and we are at the WBL annual summit. And I am here today talking

[00:01:09] with Karen Walker Johnson. And we are going to be spending a little bit of time talking about

[00:01:14] this idea of retirement because Karen says she's retired. There is literally nothing

[00:01:19] that suggests that she is. She is 35 years in healthcare as a senior executive. She's been

[00:01:25] an executive of payers and she has been and is a board director, a chair of a board,

[00:01:31] many different boards. And now additionally is back in the CEO saddle. So Karen, thank you

[00:01:37] for being on Inspiring Women. Thank you so much for having me.

[00:01:40] All right, well, let's um, why don't we start with sort of like a little bit of the biosketch?

[00:01:44] So how does a nurse turn lawyer, turn into payer executive, turn into board director and all the

[00:01:51] things you do back in the CEO seat? So tell us a little bit about that. Well, first of all,

[00:01:56] I wish I could say that it was intentional, but it really was not. I started my career as a nurse,

[00:02:02] a pediatric nurse specifically, and decided pretty early on that I thought I wanted to

[00:02:07] go to law school. And so I completed my program in nursing and went to law school.

[00:02:13] And I think what happens often when you're really young, you think you know what you want to do

[00:02:17] for the rest of your life. And I quickly realized that practicing law wasn't

[00:02:21] what I wanted to do, but I really enjoyed healthcare. And so with my background, I kind

[00:02:27] of fell into managed care and to risk management because I had the nursing and the law degree

[00:02:32] and that's really how I ended up in and working for a managed care company.

[00:02:37] Over the course of my career, what did become intentional for me is I knew that I wanted to

[00:02:43] quote unquote run a health plan. I really enjoyed working for them. I loved all the variations

[00:02:49] and the different aspects of a health plan. And so with that, I took upon myself

[00:02:57] to work in every aspect of a health plan that you can, including sales and marketing

[00:03:02] and underwriting just things that really weren't comfortable for me. But I thought they were

[00:03:07] really important if I was going to have overall responsibility as a general manager.

[00:03:11] And that's sort of what happened. And so I often took lateral moves just so I could get that

[00:03:18] wide breadth of experience and ultimately ended up having the privilege quite honestly of leading

[00:03:25] the health plan. Okay, so Karen, I want to double click on a couple things there. So you are a nurse

[00:03:29] and then you went and you got your law degree and I know that your parents are very important to you.

[00:03:35] So how happy were they with you when you said, okay, forget this degree. I'm now going to go

[00:03:40] do something else. Was that like, was that a welcome move? And like, what was that?

[00:03:44] I will say that probably my dad most specifically because he was someone who, you know,

[00:03:51] retired from a place he had been for 40 years. He was a civil servant and, you know,

[00:03:56] he retired with a pension, et cetera. And every time I made a move to somewhere else,

[00:04:01] he kept saying, how are you going to have a pension? What are you thinking?

[00:04:06] So as much as I think he was definitely inspired, if you will, by the different things that I

[00:04:12] did, it made him a little uncomfortable. What's really interesting though is my father now,

[00:04:16] he's 88 years old and he is my biggest cheerleader. And he often says to me, you know what, honey?

[00:04:24] I'm so glad that you were willing to take risk, that you were willing to do things differently

[00:04:29] because I couldn't be more proud of the impact that you've made because I have been very intentional

[00:04:34] about the type of work I've done though. And that's been primarily with vulnerable

[00:04:38] populations underserved, et cetera. And that was something that was really important to me.

[00:04:42] And so my dad, I think he likes that. Well also, you know, I mean, let's just,

[00:04:48] you know, state it. I mean, staying very specifically that you wanted to run a health

[00:04:53] plan. You wanted the top job at a health plan. There aren't a lot of people, black women leaders,

[00:05:00] like you, who were doing that. So when you stated that out loud, I mean, how do people

[00:05:06] react to that? I mean, that is so unusual. And when you say that you are intentional,

[00:05:10] I mean, that is incredibly intentional. Well, I have to say that I had some really,

[00:05:17] really good mentors. And there's a gentleman that just keeps popping up at tip nine of a white gentleman

[00:05:25] who really took me under his wing and I shared with him. He had that job himself in a health

[00:05:31] plan. And I shared with him that I wanted to one day do that. And he helped me quite a bit.

[00:05:36] He helped me. He gave me really good constructive feedback. He allowed me to participate in many

[00:05:44] leadership development programs and every opportunity that I could join him for meetings,

[00:05:49] etc., he would bring me along. And so that's it a lot to me. It said that he believed in me

[00:05:55] that my desires were not unrealistic and that, you know, people are willing to help you.

[00:06:02] And that has been my experience, honestly. Yeah. And I know it is also your experience in

[00:06:06] terms of giving back to others and bringing up additional generations. So, okay, Karen,

[00:06:12] so let's like talk about payers just like more broadly and you're back leading a payer again

[00:06:18] as a CEO, as a retired person. Okay, that is just like funny to me.

[00:06:24] So but like the payer landscape has changed very, very significantly over the past 20 some odd

[00:06:29] years where they are truly the power players, they are brokering, you know, the care delivery,

[00:06:34] access and everything else. So what are the sort of industry trends that you're paying attention to

[00:06:40] today? And how do you see the landscape shifting? What are you excited about? What are

[00:06:44] you worried about? I'd love your perspective. Probably the thing that comes to my most is

[00:06:49] value based contracting. It's bantered around quite a bit. And first of all,

[00:06:56] I believe that it is here to stay. There are a lot of providers who probably hope that it isn't

[00:07:00] they're used to getting you know, fee for service, they do something and they get paid, right?

[00:07:05] In this case, they really have to demonstrate that they're making a demonstrable improvement

[00:07:11] in outcomes. It's tying their their successes, if you will, to how much they're paid. And

[00:07:18] I think that's here to stay. And I think that's a really good thing. Because as I said,

[00:07:23] having gone through all the various aspects of a payer, one of the ones that really resonated with

[00:07:28] me is the quality piece. I worked in quality improvement. I worked in terms of really being able

[00:07:35] to demonstrate that what we were doing, what we were providing to our members actually made a

[00:07:41] difference in their health outcomes. And so when you think about value based contracting, it really

[00:07:46] does tie in line very well to quality outcomes. So I think that's here to stay. That's a trend

[00:07:52] that is being just embraced more. I even see it now, not only in with primary care physicians,

[00:07:58] but you see it in specialty areas as well, that specialists are also going to be paid that way.

[00:08:03] Yeah. Another trend that I think is really important and you see a lot more now,

[00:08:08] emergence is around health equity. Yep. It is it is that you have all of your federal programs

[00:08:13] now that are requiring that within the contract, the way they're evaluated, etc. How does that

[00:08:20] tie back to health equity? Are people getting access? Are they getting access to the right things?

[00:08:26] And so I think that that again is another really plus, particularly when I think about

[00:08:31] something that I just recently got involved in about a year ago and that was the March of Dimes,

[00:08:36] which is around infant and mom mortality and morbidity. We have some of the worst outcomes

[00:08:42] in this country. And so when you start to think about what are important trends,

[00:08:48] health equity, because if you look at women of color, they're three to four times more likely to

[00:08:53] die. Yeah. Three to four more times their babies to be born premature. And so I think it has really

[00:09:00] captured, if you will, and rightfully so the medical community, but not just the medical

[00:09:06] community, the community in whole around what we do and how we take care of our moms and

[00:09:12] babies. So health equity is something that's very important. And I see it in a lot of different

[00:09:16] areas. And then a final area that I think is emerging and where payers really are stepping

[00:09:22] and leaning in, is what you will hear referred to as a pay fighter. And it's basically when you have

[00:09:29] a provider group, if you will kind of work alongside partner with very closely a payer.

[00:09:36] And that's very powerful when you are the payer as well as the provider. And you're seeing

[00:09:42] more and more that because it gives leverage in contracting. You can take care of larger

[00:09:47] populations. So I think that's another trend. Yeah. And I think these trends are,

[00:09:52] you know, I really appreciate you sort of putting the light on the macro trends because

[00:09:56] along the way it's bumpy. I mean, we've been moving towards value based care and contracting

[00:10:01] for probably 20 years, we've been talking about it, but it seems like it's starting

[00:10:04] to cross that cast on in terms of the number of contracts that are out there.

[00:10:08] Despite all the resistance fee for services, it's a lot easier to perhaps to understand

[00:10:13] as a provider and the health equity. I also appreciate you pointing that one out because

[00:10:18] that one there has been this huge spotlight on it. And for things that have been known,

[00:10:24] but not as well talked about or whatever, but it's going to take some time to work through

[00:10:29] that. So the data collection, working those things into contracts is going to be obviously

[00:10:34] a big step. I want to come back to you and just talk about the, you know, despite being retired,

[00:10:40] ha ha ha, you have spent some time moving into board service. And so that was also an intentional

[00:10:47] move for you. So could you just talk about when you determine that becoming a board chair,

[00:10:55] a board director and, you know, advisor to like Google Ventures, all the things

[00:11:00] that you do, how did you go about preparing for that? How did you go about making that happen for

[00:11:06] yourself? Well, this is one where I wish again, I could say that this was something I had in the

[00:11:14] back of my mind years and years ago. It was not. In fact, what was really the precipitating

[00:11:19] factor for me was what happened with George Floyd. I was always involved in not-for-profit boards.

[00:11:25] That was just something that was really important to me to give back, to be able to

[00:11:30] excuse me, to contribute to my community. But when that happened and there were so many repercussions

[00:11:37] as a result of that, and it was right, as you, what we call the pandemic, we were at home. I was

[00:11:42] working from home and I really started to think about a couple of really important things, one of

[00:11:47] which unfortunately my stepmom had been diagnosed with Alzheimer's. And so I knew my father needed

[00:11:54] help. I had already been thinking about maybe it might be time to think about when I might

[00:11:58] like to stop working and my husband had already retired. And so it was just like this perfect

[00:12:04] storm. George Floyd happened. I kept thinking about the fact that there was a need to have people

[00:12:12] who look like me in the room to do all kinds of things. I was thinking about how I could help

[00:12:18] my dad with my stepmom. And I just said, you know, I think it's time for me to retire.

[00:12:24] And so I said, well, I can't do it immediately. But perhaps within the next couple of years, and I

[00:12:29] said, okay, but what will that look like? Particularly because I like to be stimulated intellectually

[00:12:34] quite honestly. I thought I can't imagine myself just being quote unquote retired doing nothing.

[00:12:39] And so what will I do? And it just seemed to me it was natural that given that I had experience

[00:12:46] in governance, in terms of in the not for profit side as well as the fact that

[00:12:52] you know, I was seeing everything that was a fallout, if you will, of what it occurred with

[00:12:57] George Floyd. I said, I think I want to see how I could be more impactful. And I think I can do

[00:13:03] that by board participation. And so being probably a overachiever, some might describe me as,

[00:13:11] rather than just saying I can join a board, I thought it was really important for me to

[00:13:15] prepare. And so I actually sought out and participated in some very organized, structured

[00:13:22] coursework around board governance. I really wanted to feel good and probably as a little bit of

[00:13:28] that imposter syndrome quite honestly, thinking that perhaps I didn't necessarily have what was

[00:13:33] needed. And so I took and participated in two different programs. And, and so that was

[00:13:40] really important. But the other piece that I learned while I was doing the programs was

[00:13:44] the importance of networking. And I will tell you that I am probably a very, very strong introvert.

[00:13:51] People who know me well say that I work really hard to be extroverted during the day, but I'm

[00:13:55] naturally an introvert. And so networking really scares the machinibis out of me quite honestly.

[00:14:01] The last thing I want to do is walk into a room with people I don't know and introduce myself.

[00:14:05] But I realized that that was important in terms of if I really wanted to serve. And so I started to

[00:14:11] really kind of cultivate my network and I reached out to some mentors that I have to help me as to

[00:14:18] how to do that well, because it wasn't something that was natural. So the combination of, you

[00:14:23] know, taking the courses as well as intentional networking were kind of what led me along that

[00:14:30] path. Well, I tell you what, the thing that is so inspiring about everything that you just

[00:14:35] said is that you take the crisis of George Floyd in terms of the national impact and the choice

[00:14:42] that you made was to step further into leadership. That was your action. And I just think that is

[00:14:50] so incredibly powerful. So the idea that you prepared and you did the hard things in terms

[00:14:56] of being an extrovert, but the important thing is you moved into the next level of leadership

[00:15:02] as a way to deal with that horrific time and occurrence and, you know, putting a spotlight

[00:15:09] on something that is now known by many that was, you know, always, always there. So

[00:15:16] that's just awesome. That is just really, really awesome. You know, we're here at the WBL summit

[00:15:22] and when I talked to powerful women like yourself, one of the things that I often hear

[00:15:29] is that networking is still important and buildings that have like other colleagues,

[00:15:34] lifelong learning, those are the types of things that are important to them. So Karen,

[00:15:40] in terms of WBL, and we're here at this summit, what is important to you about WBL and why are

[00:15:47] you here? Well, I joined WBL about three years ago and it was at the invitation, if you will,

[00:15:56] of Mary Ann Mason, who most everyone knows me, Mary Ann, the ultimate connector. And I met with

[00:16:03] Mary Ann through a mutual frit who introduced us. And when she told me about the organization,

[00:16:09] I didn't quite honestly know that it existed. You know, unfortunately I didn't. And she said,

[00:16:15] you know, you really should consider it and I joined. And the first thing that struck

[00:16:19] me was the warmth, the warmth of the members. But equally as important to me was I had never

[00:16:26] had the opportunity to participate in an organization that was really focused on

[00:16:32] female healthcare executives. I had been a part of programs, but nothing where it was all women

[00:16:38] who were there to support each other, who all had made significant impacts in their own right.

[00:16:43] And so it was, I mean, literally like your show, it was very inspiring. And so as soon as I could,

[00:16:50] and it was kind of during still the pandemic. So I participated virtually. The first time I had

[00:16:55] an opportunity to go to something in person I did. And what brings me here? This is my first

[00:17:01] attendance at a summit. I wasn't able to come last year. I had a conflict, but I was really

[00:17:06] looking forward to it for a number of reasons because I'd been to a couple of other events

[00:17:10] and new again, just kind of the warmth. But I'm so impressed by the caliber of women that are in

[00:17:16] the organization. But all of that aside, it is really about how willing and genuine women are

[00:17:24] about helping each other here. And so I thought, well, now I have to call myself rewired as opposed

[00:17:29] to retire. My family told me I couldn't call myself retired. So as a rewired female executive,

[00:17:36] I think it's really important for me to give back. And one of the things that I've enjoyed is that

[00:17:41] people are so willing to ask you for assistance. And so I think people kind of comb, you know,

[00:17:47] the directory they see, perhaps what you are aligned with or what some of your experiences

[00:17:52] have been and then think about reaching out and there's no hesitation to do that. And I

[00:17:57] am so happy to be able to reciprocate because people have done that for me. Mary Ann did

[00:18:02] that for me, introduced me to people when I came to my first event. Continues to do so.

[00:18:08] And so I was excited about coming to this as a first time attendee. I was signed a navigator,

[00:18:15] which was really awesome. And everyone says I got the star. And Jeanine, excuse me,

[00:18:25] Rivette. And so I am just already yesterday ahead of all, and I'm looking forward to the

[00:18:32] really good sessions too, you know, the people who will be speaking the panels. So everything

[00:18:38] about it is awesome. Well, it's inspiring to meet you and to have you as a fellow member

[00:18:43] and something that I can look to. So Karen, as we close out on inspiring women, I love

[00:18:48] to always ask again, powerful leaders, if you look back at things that worked for you

[00:18:54] along the way, things change, right? Like people don't need to walk in all the same footsteps

[00:19:02] that you laid down. But what advice has stuck with you that you think would be really useful for

[00:19:08] younger women who are looking to be Karen Walker, John Samlin, they grow up?

[00:19:14] Being authentic. One of the things that when I always think back, so Karen, how did you get

[00:19:20] here? You know, I mean, I'm the obvious. I'm an African American woman, right? And

[00:19:28] often, almost all the time, it I was the only person in the room for a lot of things. And

[00:19:34] though it was uncomfortable, I always was Karen. That was really important to me. I thought that

[00:19:41] people just needed to know me and to be my authentic self. So I think that's really

[00:19:45] important. Another thing is to be patient. You know, I think sometimes particularly younger

[00:19:51] people, they've grown up in this world of everything is instantaneous. But you have to have some

[00:19:56] patience to get to where you ultimately want to go. And I definitely had a lot of patience

[00:20:02] when I think back now. And I think that's really important. A final thing I would say is

[00:20:07] it's about being willing to take some risk, you know, not unreasonable risk,

[00:20:13] but to take risk by that. I mean, you know, take a roll on that may not necessarily be something

[00:20:19] that you would have thought you could do. I did a lot of lateral moves in my career,

[00:20:23] just so I could get a different set of experiences and competencies. I think that's

[00:20:28] really important to do as a leader, particularly as a female leader, because you bring so much

[00:20:35] more if you will to the party by having that broad set of experiences. So I think

[00:20:41] being willing to take some risk and to be patient and to be their authentic self.

[00:20:47] Well, that is just fantastic advice. And I really appreciate it. I've been talking to

[00:20:51] Karen Walker Johnson, the rewired Karen Walker Johnson. I'm inspiring women. Thank you so much,

[00:20:57] Karen. Thank you. This has been an episode of Inspiring Women with Laurie McGraw.

[00:21:03] Please subscribe, rate and review. We are produced by Kate Cruz at Executive Podcast

[00:21:09] Solutions. More episodes can be found on inspiringwomen.show. I am Laurie McGraw and

[00:21:15] thank you for listening.