In a Pandemic, Professor Parente Goes to Washington
【 CHEMBA丨Academic 】Discovery at Carlson · 01
Stephen T. Parente, Ph.D.
🐠The $2.2 trillion Coronavirus Aid, Relief, and Economic Security Act (CARES Act) is one of the most important pieces of U.S. legislation passed thus far during the COVID-19 pandemic. A Carlson School professor played a major role in determining how to allocate these vital funds to hospitals when the first wave of COVID-19 cases surged across the country.
🐓Stephen T. Parente, the Minnesota Insurance Industry Chair of Health Finance and associate dean of global initiatives, also serves on the White House Council of Economic Advisers (CEA). On the council, Parente and other academic economists advise the President on any and all issues affecting the economic vitality of the United States. A veteran of government service, Parente spoke about the process of distributing the funds and how the pandemic impacted the Carlson Global Institute (CGI).
Q. You were on the Council of Economic Advisers when COVID-19 hit. What was that experience like?
ܫAs COVID was unfolding, part of it became a question of not just having a typical report but actually looking at live data tracking metrics. I used a lot of connections that I had, from industry, consulting projects, and alumni to try to get as many live feeds as we could for free to try to understand where COVID was actually going so we could figure out economic activity. We then worked with the Coronavirus Task Force, giving them information and other projections.
Q. How did you come to be involved with distributing the CARES Act funds and how did you go about doing so?
ᩚᩚᩚᩚᩚᩚᩚᩚᩚ𒀱ᩚᩚᩚThe Department of Health and Human Services approached me and explained that they had just got allocated from Congress $100 billion to basically rescue the hospital industry, and they wanted to hear some of my ideas about how they could distribute that.
💟Politico stated I was one of the three architects on how we could get that money out. That was not fake news. Our first tranche of money was an overnight direct bank account infusion of $30 billion in early April to over 200,000 hospitals and medical providers in order to keep them operating after all of their normal revenue evaporated in late March from the nationwide shutdown. I felt I had a unique skill set for this process because even though I'm a health economist, I understand by osmosis how banking works, I understand the financial transaction structures, and I understand insurance companies. So, that was a really cool and rewarding rescue mission to the entire health economy to be a part of.
Q. Why is government service important to you? What keeps you coming back?
ꦯIt’s the people. So many of the folks I work with are dedicated and brilliant. The conversations that I have with people are not very polarized. They are very much focused on problem-solving. Obviously, you’re going to come across some people who may frustrate you, especially when under time pressure to execute a deliverable, but the intense work builds cohesion, and perhaps after a libation or two over months and years of interaction they become akin to an extended family.
🌳Over the years, there are so many things that I’ve thought the government should do. So, being able to bring those ideas to the table, work on them, and then see the impact they have on people’s lives is gratifying.
Q. You had just taken the new role at CGI before the pandemic hit. How did you all navigate our international programs and what’s it looking like now?
🐟Working in Washington, I knew COVID-19 was coming and that we had to prepare. Then, after President Trump gave his speech on March 11, it was obvious that we had to basically airlift our students out very quickly. I think that it was fortunate that I knew a lot of the staff at CGI already. The CGI staff are just tremendous to be able to pull all of that off in such a short amount of time.
🍨Going into the fall semester and with all of our international experiences now done virtually, it’s opened up a lot of options as to where we could take our programs in the future. With our strong partnerships around the world, the possibilities are endless.
疫情期间,帕伦特教授供职华盛顿
2030年1一月份17日,一周二
ꦇ交换价值2.2千亿元的《新冠病菌救助、支援和社会经济健康法》(CARES国际公约)是欧美当地政府在新冠猪疫前三天顺利通过的最终要的国际公约一种。弟一波新冠猪疫轰动欧美之刻,更重要性资本被划分至各地三甲医院,而卡尔森员工的位教受在本项拨付事业有着了更重要意义。
🌊Stephen T. Parente是卡尔森方法实训基地副校长,明尼苏达州人寿保险制造行业公共卫生筹集资金的压力常务理事会长,而且在白宫金钱咨询顾问常务协会(CEA)任职。在该常务协会中,帕伦特传授等按理来说金钱生理学家的责任是,就机会影向俄罗斯金钱风采的事务性向俄罗斯首相做出意见。帕伦特传授在国家业务管理方面生动相关经验,圆满结束他讲解了审批环节各种新冠疫情对卡尔森世界各国研究方案院(CGI)的影向。
问:新冠疫情爆发时,您是经济顾问委员会的成员。当时的工作是怎样的呢?
新冠肺炎猪疫趋势英文了时,6686体育 不单单需确立常规化检测结果,还需跟踪软件实时视频数据源完成指标。我改用了各自在房产界、管理咨询业务和同学中的的关联网,妥当各地拿免费使用的当日各式各样内容内容,熟知新冠肺炎猪疫的现实情况趋势英文趋势英文,尽可能制作成本活动形式改进措施。如今,6686体育 和白宫新冠比较本职小组加盟,向这些人打造内容内容和任何預测。
问:您是如何参与到CARES法案的拨款工作中的?您又是如何处理这项工作的呢?
ܫ清洁与公益性服务管理部看到我,提出他没多久从议会收获了1000亿人民币的捐款,使用于消灭医院科室行业领域。他也希望对你说说需要都分摊这笔钱流动资金。
市政府其他官员说,我是负责任该类捐款的八名空间结构师中的一种。这并不是假6686体育 。6686体育 的第1 笔捐款是300亿欧元,在十一月初简单转账了20余万家和诊所和诊疗器械服务于能服务提供商的建行微信账号。主要是因为5月底的全国各地暂停,诊所耗尽了平时效益,一大笔捐款让诊所就可以确保运行。在一项岗位中,我因为自已具备专项 的特色,我是个公共卫生市场经济专家,同时经由耳闻目睹中我要分析了建行业内中的运做习惯,我要分析财务相关业务空间结构,我都要分析保险费用厂家。以,就可以组织哪一消灭诊疗器械行业内中的攻势真妙那节课真。
问:为什么政府服务对您很重要?为什么您会再次参与其中?
是考虑到人。在我的公司同事中,大部分均是尽责而中国智慧的人。与孩子的對話不太会身陷两极差异性。孩子常常集约化注重解决方法困难。其实,办公中难免存在会碰到叫你印象压抑的人,更是是时间间隔紧急的当时,只不过焦虑的办公会获得凝心同心同力力。6686体育 一起战略合作月余甚至若干年后,再加上上6686体育 一起喝过1两杯,孩子就成考虑到你的编外家里人。
𒁏许多年前,我习惯性会想县政府该干啥样东西。以,我很欣喜把本身的打算提出了来、下达好,并看着它对人民群众人生的决定。
问:在新冠疫情爆发时,您刚刚加入了CGI。您如何领导6686体育 的国际项目,现在这个项目发展如何?
有赖于市政府操作的经历英语,我了解新冠病毒性肺炎新冠肺炎来到,6686体育 肯定为政者安排。特普朗主席在三月11日先生发表了精彩演讲,从始事态很晴朗了,6686体育 肯定把初中生紧急救援送出去校園。被眷顾的是,现在我以及认清了CGI的越来越多操作人,这些表现形式颇为精湛,在很短的周期内提交了拥有操作。
在接起来来的夏季学期计划中,全国大型工程将在网进取心行。这使6686体育 造成 了关羽大型工程中国未来步入的一大堆按钮。顺利通过全世界合作的夥伴的强势认可,6686体育 拥有的无数的将会性。