Cost:

Free for HFMA Members
Buy Using Complimentary Registration Code

Date:

Apr 15, 2020

Time:

11:30 AM CST

Length:

1 Hr 0 Min

Audience:

Hospitals and Other Providers
Physicians and Other Practitioners

Career Level:

Executive
Experienced Professional
Mid-Senior

Recommended for:

Clinical Operations
Cost Containment
Data Analytics
Financial Planning
Nursing
Population Health

Delivery Method:

Group Internet Based

Advance Preparation:

None

Prerequisites:

None

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Live Webinar | Overview | Quality Improvement

The business case for quality

Hosted by HFMA

Live Webinar | Overview | Quality Improvement

The business case for quality

Speakers

Description



The Healthcare Financial Management Association (HFMA) and the National Association of Healthcare Quality (NAHQ) are honored to collaborate on this webinar series to provide education and actionable solutions that build The Business Case for Quality and a pathway towards high quality, low cost healthcare.

As the financial bases of the healthcare system moves from fee-for-service to a payment system based on value-optimizing quality cost-leaders are aligning finance and quality infrastructures. New payment models are increasingly tying payments to quality metrics with the potential to significantly impact the financial results and sustainability of organizations across the continuum of care. Building a business case for quality presents a challenge in quantifying cost savings associated with improved patient outcomes. It is nonetheless critical for organizations to do so in order to maintain solvency.

This program will highlight quality and financial partnerships that produced organizational process and performance improvements while also quantifying a financial return. Learn through case examples how healthcare organizations are bringing quality and finance teams together to reach a shared understanding and common language around a case for quality initiatives, opportunities to enhance their collaboration, and overcoming obstacles to achieving alignment.

In this first webinar you will hear from executives at VCU on their approach to collaboration working on ERAS (Enhanced Recovery After Surgery) as well as the results achieved.
After this program, you'll be able to..
  • Describe the trend toward value-based payment models and the increasing role of quality and outcome measures in the healthcare payment system
  • Articulate the value of finance and quality alignment and collaboration within provider organizations
  • Illustrate process improvement strategies between quality and finance that enhanced patient care and optimized costs and resources to improve value