As reform pressures continue to mount, the healthcare industry is rapidly shifting from “pay for volume” to “pay for value” business models. In fact, CMS projects that by 2018, bundled payments will be applied to 501 percent of all diagnosis-related groups, while 901 percent of all remaining fee-for-service care will be tied to patient outcomes. Organizations successfully migrating to value-based care know the importance of aligning internal processes with these new payment models.
We plan to share case studies involving hospitals that have successfully adopted a value-based approach to perioperative care – their highest area of spend. Find out how hospitals can partner with Industry to work toward preference card standardization, optimizing patient flow, and implementing Optimal Recovery Pathways, all which can influence clinical, operational and economic metrics.
You will hear about key obstacles these organizations have overcome and key successes they’ve achieved – from initial implementation through to ongoing data analysis. Learning objectives for this webinar are:
- Identify the relationship between clinical, operational, and economic performance.
- Explain how data can be used to reduce variability, improve outcomes, and sustain improvements over time.
- Understand the value of shared-savings models between hospitals and vendors.
1. Fact Sheet: Health Care Payment Learning and Action Network. (2015, February 27).