Dr. Walter Lin is a seasoned physician leader with a passion for improving the health of frail elderly patients in senior living communities. As the Founder and Chief Executive Officer of Generation Clinical Partners (GCP), he leads a medical practice committed to improving the healthcare of seriously ill patients with complex chronic conditions and helping senior living organizations transition successfully to value-based care. GCP has grown to become the largest PALTC medical practice in the Greater St. Louis area, playing a pivotal role in advancing local, regional, and national value-based care initiatives.
Dr. Lin has extensive experience in value-based payment models and healthcare policy. He has provided strategic and clinical leadership to Accountable Care Organizations (ACOs), Institutional Special Needs Plans (I-SNPs), Bundled Payments for Care Improvement (BPCI) organizations, and hospice and home-based medical care programs. Additionally, he currently serves as Medical Director for multiple skilled nursing and assisted living communities.
Dr. Lin is an active member of PALTmed, where he serves on the Finance Committee, Revenue Optimization Task Force, and Public Policy Committee. At the state level, Dr. Lin has been a long-standing member of the Missouri Association of Long-Term Care Practitioners board of directors and recently completed his term on the LeadingAge Missouri board of directors. His federal policy work includes serving on the Physician-Focused Payment Model Technical Advisory Committee (PTAC) for the U.S. Department of Health and Human Services (HHS), where he evaluates and advises on Medicare payment reforms. He previously represented AMDA on the CMS Unified Post-Acute Care Payment System Technical Expert Panel.
Before founding GCP, Dr. Lin gained experience in healthcare finance and strategic leadership as a venture capitalist at Ascension Ventures, where he served on the boards of multiple portfolio companies, and as the corporate Director of Clinical Innovations for a multi-state hospital system.
Dr. Lin completed his internal medicine training at Yale University and earned his Doctor of Medicine from the University of California, San Francisco. He also holds a Master of Health and Medical Sciences from the University of California, Berkeley, a Master of Business Administration from the University of Pennsylvania’s Wharton School, and a Bachelor of Arts and Sciences from Stanford University.
Introduction
I am honored to be nominated for the Board of PALTmed at this pivotal time in the organization’s journey. As the Founder and CEO of Generation Clinical Partners (GCP), a medical practice dedicated to the frail elderly in senior living communities, I have spent the past decade of my career focused exclusively on post-acute and long-term care (PALTC). What began as a solo practice has grown into the largest PALTC medical group in the Greater St. Louis area, with nearly 20 providers delivering high-quality, value-based care in senior living in two states.
My motivation for joining the PALTmed Board stems from a deep commitment to advancing the field of PALTC medicine, improving our patient’s outcomes, and ensuring the long-term financial sustainability of the organization I consider my professional home. PALTmed is at a critical juncture, and I believe my experiences in medicine, business, and healthcare finance can contribute significantly to the organization's progress.
Value-Based Care and Practice Management Experience
GCP was founded over a decade ago with a clear and enduring mission: to help senior living organizations successfully navigate the emerging landscape of value-based care by providing responsive, high quality care to their residents. GCP has successfully developed a disciplined clinical model resulting in top-tier performance in a national long-term care ACO. Beyond GCP, I have played an active role in shaping other value-based programs focused on the seriously ill, serving in leadership roles for multiple organizations, including the provider arm of an Institutional Special Needs Plan (I-SNP), a PACE program, a hospice, and a home-based medical practice.
In 2021, AMDA nominated me to serve on HHS’ Physician-Focused Payment Model Technical Advisory Committee (PTAC), an independent federal advisory committee that makes recommendations to the Secretary of HHS on physician-focused payment models and related topics. My work on PTAC has provided me with a national perspective on healthcare policy and payment reform. Through PTAC, I have been able to raise national awareness on the importance of addressing the needs of patients with complex chronic conditions and serious illnesses.
If elected to the PALTmed Board, I will share the lessons I have learned from GCP’s value-based care journey, helping the organization position itself as a leader in the rapidly evolving healthcare landscape. I also bring hands-on practice management experience from scaling a single-provider operation into a leading regional PALTC medical practice. I believe my experience in operational growth, provider engagement, and financial sustainability will be valuable to PALTmed as it seeks to strengthen its support for PALTC professionals.
Financial Sustainability and Organizational Growth
My background in business and healthcare finance, including an MBA from The Wharton School of Business, has given me a deep understanding of the importance of financial strategy. Before founding GCP, I worked as a healthcare venture capitalist and served on multiple start-up boards, where I gained firsthand experience in ensuring financial viability, particularly in resource-constrained environments. I understand the critical need for organizations to adapt their financial models in response to changing market dynamics.
As a member of PALTmed’s Finance Committee and Revenue Optimization Task Force, I have gained insight into the financial health of the organization. In the context of recent annual membership declines, it is clear that PALTmed must continue to pivot from a primarily dues-based revenue structure to a more diversified financial model to remain sustainable. If elected to the Board, I will advocate for and support efforts to expand non-dues revenue sources, including but not limited to:
As someone experienced in strategic pivots, I will work collaboratively with the Board and management team to implement sustainable solutions that secure PALTmed’s financial future while accomplishing its mission and enhancing its value to members.
A Vision for the Future of PALTmed
The future of PALTC is bright under value-based care. My vision for PALTmed is one of long-term growth, sustainability, and leadership in PALTC medicine, which requires ensuring financial stability while continuing to provide unparalleled support to PALTC professionals. I believe my diverse expertise and experiences from bedsides to boardrooms—spanning direct patient care, practice management, value-based care, and healthcare finance—position me well to contribute to the Board in a meaningful way.
Thank you for your consideration.