The Hospital-Physician Integration Challenge
Successful hospital-physician integration is considered a core element of any effective response to mounting demands for higher-quality and lower-cost patient care. This infographic illustrates dozens of strategies being pursued by hospitals and physicians—from gainsharing to employment—as they experiment with various degrees of integration.
Care Transitions Risk Assessment
To identify patients at high risk of readmission, nurses at OSF HealthCare use an assessment tool to evaluate eight factors that can cause patients to return to the hospital. OSF has reduced readmissions from skilled nursing facilities to 11 percent in 2013 (from 27 percent in 2012) using a combination of strategies. Visits to the ED also have been cut by more than half.
Minnesota-based HealthPartners has set a very high bar: achieving the best health outcomes locally and nationally as well as the lowest healthcare costs in the region, says Mary Brainerd, CEO of the integrated system, which insures 1.4 million members nationwide and includes five hospitals and a 1,700 member multispecialty group practice.
One of the strategies that HealthPartners is using to attain this vision is virtuwell™, a 24/7 online and mobile medical clinic. Without ever stepping inside a clinic, patients can now get a diagnosis (aided by cell phone photos, if necessary) and treatment for simple conditions like pinkeye, bladder infections, and rashes. It costs no more than $40 per diagnosis, depending on the patient’s insurance, and comes with a money-back satisfaction guarantee.
CEO-Led Quality Meetings Boost Patient Outcomes
Keith Granger, president and CEO of Trinity Medical Center, Birmingham, Ala., regularly leads meetings with hospital quality managers and administrators to tackle quality and cost challenges. Granger uses seven strategies to identify and solve problems during the meetings, including sending performance results to participants before the meeting and drilling down to reveal root causes of problems.
J.P. Morgan: Managing Cybersecurity and Protecting Patient Data
Brian DiPietro, Managing Director, Commercial Bank Technology, JPMorgan Chase & Co., discusses the importance of evaluating your cybersecurity protocols to help prevent malicious data breaches.
TransUnion Healthcare: Smarter Revenue Cycle Solutions
Gerry McCarthy, President of TransUnion Healthcare, discusses industry trends contributing to higher bad debt and what to do about them. Gerry is responsible for the strategic direction of the healthcare business and expanding its footprint in the healthcare market overall. He has more than 20 years of experience in healthcare information technologies.
Deloitte: Creating Value with Effective Care Management
Scott Kolesar, principal and senior leader in Deloitte Consulting LLP's Value Based Care practice, and David Wennberg, MD, MPH, adjunct associate professor of The Dartmouth Institute and former chief executive officer, Northern New England Accountable Care Collaborative, discuss the challenges and competencies involved in creating a care management organization.
American Express: Streamlining Supplier Payments and Boosting Revenue
Andrew Jamison, vice president in the Global Corporate Payments division of American Express, discusses trends and opportunities in supplier payments.
Deloitte: Realizing the Potential of Your CDI Program
Suzanne Whitworth, director at Deloitte & Touche LLP, and LaVerne Romberger, MSN, CCM, CCDS, clinical operations manager-Seton Healthcare, share leading practices for maximizing the potential of clinical documentation programs under value-based care.
RevSpring: Customizing a Technology Platform to Drive Patient Payment
Martin Callahan, Senior Vice President, Healthcare Solutions, RevSpring, describes key industry trends affecting how patients engage with the revenue cycle and ways payment processes are changing as a result.
KPMG: Readying for Healthcare Today and Tomorrow
Dion Sheidy, a partner in KPMG's Healthcare Advisory practice, discusses healthcare's changing landscape and how having the right advisor can help organizations navigate challenges and opportunities.
Huron Healthcare: Readying Your Organization for Transformation
Gordon Mountford, executive vice president, Huron Healthcare, discusses business imperatives for undertaking transformative change.
Xtend Healthcare: A Custom Approach to Optimizing Revenue Cycle Performance
Tom O'Neill, CEO of Xtend Healthcare Advanced Revenue Solutions, discusses key areas where organizations risk revenue leakage and ways they can use outsourcing to better protect cash flow and support accurate payment.
KeyBank: Helping You to Realize Your Strategic Vision in Changing Times
Victoria Terekhova, senior strategist for Enterprise Healthcare at KeyBank, discusses key challenges when developing long-term strategy in a rapidly changing industry, and the role the right banking partner can play in helping healthcare providers navigate the opportunities before them.