Of all the transformations reshaping American health care, none is more profound than the shift toward value.
Economic pressures and the growing numbers of uninsured are cutting hospital margins. Meanwhile, quality and patient satisfaction are being factored into Medicare reimbursement, while private payers are pushing for performance and risk-based payment structures, capitated contracts, and pay-for-performance incentives.
Through HFMA’s Value Project, healthcare finance leaders are joining their clinical partners to shape this transformation. Launched in 2010, the Value Project is now in its second phase.
The Value Journey: Organizational Road Maps for Value-Driven Health Care. All healthcare organizations face common challenges in transitioning to value-based payment and care delivery. But different types of organizations also have unique challenges and opportunities in the transition. Working with 35 hospitals and health systems, HFMA has defined value road maps for:
- Academic medical centers
- Aligned integrated systems
- Multihospital systems
- Rural hospitals
- Stand-alone hospitals
Value Project Resources
What are healthcare purchasers expecting in terms of value, and how are provider organizations working to deliver value? How does the business model for value differ for different types of hospitals and health systems? See how leading provider organizations are answering these questions in resources from Value Project Phase 2.
View Phase 2 Resources
What is the value equation from the purchaser's perspective, and what key capabilities should healthcare provider organizations develop to prepare for a value-driven future? Find the answers in HFMA's Value Project Phase 1 reports and web tool.
View Phase 1 Resources
The Leadership Conference on Value
View presentations from the conference, held March 29–30, 2012.
Download a report from the conference, "Business Intelligence in an Era of Reform: Strategies for Improvement."