A New World Order: Your Pharmacy—the Secret to Margin Relief?
October 24, 2018
Clinician efficiency and medication management are two key areas of focus for hospitals to survive the no-end-in-sight margin compression nationally, according to a Health Care Advisory Board 2017 report. Downward pressures include changing reimbursement models, shifting payer mix, and rising expenses, particularly around drug costs, which have consistently grown by 3-5% a year.
If productivity or reduced cost is not achieved, the share of hospitals with negative profit margins will increase to 60% by 2025, according to a 2016 Congressional Budget report.
Drawing on the expertise of pharmacy teams, who typically fly under the radar, forward-looking hospitals have at their fingertips an important lever to control inpatient drug costs and improve clinical efficiencies.
By promoting pharmacist patient-care oversight across a single site or system, hospitals can assure the right drug is prescribed, to the right patient, at the right time to optimize medication usage and overall spending, while reducing variations in care.
Sign-up for this live webinar on October 24th at 1pm ET to learn how targeted, strategic efforts that leverage the skill sets of pharmacy teams—as well as the power of surveillance technology—can maximize those clinical efficiencies critical to continuously improve the health of patients, outcomes and your hospitals’ bottom line.
Analytics Driven Engagement Strategies as a Catalyst for Value-based Transformation
SCIO Health Analytics
September 25, 2018
Success in managing value-based transformation requires heightened attention on patient/member engagement with a significant emphasis on enhancing health status and reducing clinical and financial risk factors.
Delivering and gaining reimbursement on value-based contracts will be increasingly dependent on the effective use of innovative engagement techniques as a means to achieving performance targets and influencing long-term behavior change across at-risk populations.
SCIO Health Analytics (an EXL company) and EXL will share strategies for ensuring patient/member engagement is at the center of your value-based operations.
Sign-up for this live webinar on September 25th at 1pm ET to learn how providers and payers are looking to customize engagement strategies to meet the varying needs of their populations and learn how advanced data and analytics can help in creating 360-degree views of patients to inform a holistic–approach to engagement.
Good Chemistry: The Role of Engagement in Diagnosing, Treating, & Preventing Burnout Among Physicians and Staff
September 19, 2018
Providers and staff at healthcare organizations certainly aren't immune to burnout. In fact, more than half have been shown to exhibit the telltale signs - errors, low satisfaction, excessive turnover, and more. It's bad for patients, demoralizing for staff, and can be debilitating for organizations.
The good news: By utilizing engagement metrics and enhancements there are ways to diagnose, treat, and even prevent burnout.
With Hospitals facing growing challenges to control costs and remove unwanted care variation, the cardiac cath lab represents an ideal opportunity for which to address operational efficiencies and provide for a more patient centric approach to care delivery. Join us on Wednesday, June 27th at 1:00 pm ET as Dr. Amin, a leader in studying and publishing on cath lab economics, provides significant evidence as to where costs can be reduced, and the quality care and outcomes of patients can be maximized. Utilizing a patient centered approach, he discusses how risks and complications can be reduced and when a same day discharge is applied appropriately to the elective PCI patient, significant cost reductions can be achieved.
Why and how same day discharge can be used as a cost-effective tool to manage the elective PCI population.
Utilizing a patient centered approach can help mitigate complications and reduce intraoperative risks.
Costs associated with the PCI patient can be identified and appropriately categorized as direct variable cost, direct fixed cost, and total cost.
CMS Sepsis Reporting Is Going Public, Are You Ready?
June 21, 2018
In the wake of the October 2015 CMS reporting requirement for the sepsis management bundle, hospitals have been implementing sepsis management approaches – many with mixed results. Now, CMS is stepping up their efforts to curb the deadly condition by making hospital performance scores public via Hospital Compare on July 25, 2018. The effort shines a light on just how difficult it is to correctly assess true sepsis incidence. The speaker provides insight on why it is so challenging to detect sepsis and what hospitals need to consider as they move forward.
Join Wolters Kluwer Health’s Dr. Stephen Claypool and Robert G. Hussey, J.D. from RGH Health Consulting on Thursday, June 21st at 1:00 pm ET, as he provides perspective on the CMS timeline, the agency’s ongoing efforts around sepsis compliance bundles and the rationale for reporting sepsis data through the most recent effort. Dr. Claypool will also present a progressive model that can help hospitals with early, accurate detection and treatment of sepsis.
Participants of this webinar will learn more about:
The CMS timetable for public reporting of sepsis performance measures through Hospital Compare
The factors for hospitals’ slow progress in battling sepsis
An innovative model to meet CMS’ requirements and make a positive impact in patient care and outcomes
In the past year alone, a lot of ink has been signed vertically aligning healthcare payers, providers, and vendors with the aim of improving the quality and lowering the cost of patient care.
Add to the mix providers joining forces to take down big pharma, online retailers and hi-tech entering the space, payers changing policies and you have disruptions the like of which the healthcare market has never seen before. And this may only be the tip of the iceberg…
Join us or this live webinar on June 19th at 1pm ET as we discuss these healthcare disruptors.
Key learning points you'll walk away with:
An understanding of examples of vertical integration including payers in the healthcare market;
An overview of new players entering healthcare and the associated opportunities they bring with them;
Identifying the pros and cons for providers resulting from this change in the landscape.