Brave Health’s Post

An Interesting 3 year outlook on the landscape of US Healthcare. ASC’s are well positioned for growth as healthcare delivery continues to evolve, with mounting market pressures, payer mix shifts and increased adoption of Value Based Care. Ultimately this further enables us to continue to deliver on improvements in cost and quality outcomes over the coming years.

Really cool to see one of my early career employers, Newton-Wellesley Hospital, as a participant in MGB's 6-month pilot that validated AI's usage to identify referrals for palliative and hospice care. By boosting a referral rate by just .5%, this would equate to 15 additional referrals to hospice per year, at a savings opportunity north of $400K annually for the health system’s Medicare Shared Savings Program Accountable Care Organization (MSSP ACO). The results are nothing short of astounding: Pre-pilot rate: 3.7% (below national referral rate of 4.2%); Post-pilot rate: 9% (!!!) or 40 patients receiving inpatient palliative consults. An estimated 17 of those would have been missed without the Radial AI tool. If 13 identified patients enroll in hospice, the hospital will gain $850,000 in Total Medical Expenditure savings, equal to $2 million annualized, but even more importantly, this will while drastically improve patients’ (and caregivers') quality of life. https://lnkd.in/eHCGy7Qq

End-of-life care is not a #sideline issue but a core #component of #compassionate, patient-centered #healthcare. By improving #palliative #care #literacy among #medical #professionals, we can ensure that #patients receive the #support and #respect they deserve in their final #days. This extends beyond #medical #care, and refers to the #ability to #communicate with #empathy and #clarity, guiding patients and their families through some of the most challenging #decisions they will ever face. As #providers, our #goal should be to create a healthcare #environment where #conversations about #death are not avoided but instead are #approached with #sensitivity and #competence. This approach can improve #outcomes for patients and families, #reduce the #emotional #burden on healthcare #providers, and ultimately reflect a more #holistic and #personalized #approach to #medical care. Death is an #inevitable part of #life, and our healthcare system must be better equipped to handle it. By #fostering open, #honest, and compassionate #discussions about end-of-life care, we can provide patients with more #dignity throughout their #experience. Or, at the very least, we can meet patients at the #bedside with #tact and #grace when supporting their wishes and needs near the end of their lives.

As the stepdaughter of a primary care physician and someone with over 12 years of experience in healthcare marketing, I've always emphasized the importance of self-advocacy in healthcare to friends and family. Exciting new studies now confirm what I've long believed: seeking second opinions not only saves lives but also benefits the bottom line. It's empowering to see how advocating for yourself can make a tangible difference in your health outcomes and healthcare costs. Let's continue to spread awareness about the value of second opinions in healthcare—it's a crucial step towards better care and greater peace of mind for everyone involved. Check out what Cleveland Clinic is doing to address this issue. #HealthcareAdvocacy #SecondOpinionsSaveLives

Interesting and insightful read from #mckinsey

2024 trends to be expected in the healthcare workspace. Increasing cost of labor, ongoing shift to ASCs from inpatient and HOPDs, AI engagement in workflow, and the high cost of capital will delay capital projects and new growth.

A comprehensive analysis on the what lies ahead for US healthcare by McKinsey & Company. Some key trends for MedTech clients: -accelerated site of service shifts to ASCs -AI and automated workflow -Continued labor inflation -Adoption of value based care programs and risk share programs -Continued high cost of capital making/delaying infrastructure and denovo growth plans more costly. Medtech executives are challenged to refine their 2024 business plans to the reality of their customers operating and capital budget constraints.

As our population ages and psychosocial issues grow more complex LOS in acute care is a growing concern. This article is on point highlighting reducing LOS by even a portion of a day can have big financial impacts. Several years ago when working at a large healthcare system we designed, piloted, and implemented a patient mobility program at a 800 bed facility. Simply getting patients up daily for intentional walking and movement reduced our LOS by 0.7 days within 6 months. That’s a win win to have patients moving and increasing independence while reducing LOS. This is laser focused quality case management leadership.

🆕Blog🔔 Navigating Palliative Care Challenges: How Technology is the Key to Success

Words matter. In person centered care, it is important to engage your residents and patients, being respectful of of that individual and their personal journey. No matter your time in the profession, it's always helpful to have a reminder of terminology that helps not only drive the person centered care (the WHY), but also the culture change (the HOW). This is also a great reference to provide loved ones so that they understand the care that is being provided. https://loom.ly/1xTbS0o