University Hospitals Parma Medical Center’s Post

I was honored to be a member of a roundtable of stakeholders convened by AHCA/NCAL and National Association of ACOs to address the challenges and develop recommendations on how LTPAC providers can more effectively participate in ACOs, representing ATI Advisory. We have released recommendations that aim to increase participation of long term and post-acute care providers in accountable care organizations. The recommendations focus on two priority areas. First, how can existing value-based care models be improved to increase SNF participation. Second, how can models better incorporate episodic-based payment models work within broader ACO arrangements. Specifically, AHCA/NCAL and NAACOS suggest: 1. Improve Alignment for Beneficiaries Residing in Long Term Care Facilities CMS should allow attribution at the facility level recognizing the important role nursing facility staff play in coordinating care for institutional beneficiaries. 2. Better Account for LTPCA Patients in Financial Methodology CMS should account for the sickness of patients in ways that are more appropriate for long term care patients. 3. Provide More Appropriate Quality Measures Given their unique challenges, the LTPAC population necessitates a distinct set of quality metrics that are clinically pertinent and meaningful to their long-term care. 4. Share Data More Regularly CMS should more regularly share utilization and cost data for attributed beneficiaries throughout the performance period. The full white paper is available here:

The Hospital VBP Program isn't just about incentivizing high-quality care; it's also closely linked to the Hospital Inpatient Quality Reporting (IQR) Program. Learn how hospitals meeting IQR goals can maximize their potential for earning incentives under VBP. https://loom.ly/pq1Fr_k #HVBP #IQR #HealthcareQuality #APM

Here’s a look at how patients rated their stay at 40 hospitals in the Philadelphia region. Where does your local hospital rank?

Prices Versus Costs: Unpacking Rising US Hospital Profits, Vivian Ho, Derek Jenkins,Sasathorn Tapaneeyakul at Rice University's Baker Institute for Public Policy, This report compares the commercial operating costs, net patient revenue from commercial patients, and commercial operating profits of hospitals with different price levels to examine if higher prices are charged to cover higher costs, or instead to generate higher profits. Results suggest that high prices are not simply a response to high operating costs; rather, they are associated with larger hospital operating profits. https://lnkd.in/gkTbJdKi

If you are in any doubt as to what sets EIDO apart from the ‘DocuSign’ newcomers in the digital consent space, please read this post!

Chief Value Officers in healthcare: Maximizing value for patients   Chief Value Officers (CVOs) serve as central figures in the healthcare industry, driving initiatives aimed at enhancing patient safety, improving clinical outcomes, and ensuring a positive and supportive experience for patients.   This article from Mayo Clinic underscores their significance, highlighting the organisation's commitment to exceptional healthcare. Mayo Clinic consistently achieves top grades in patient safety and outstanding ratings for patient experience, demonstrating its dedication to delivering outstanding care. Central to Mayo Clinic's success in maintaining these high standards is the role of the CVO. The CVO plays a crucial role in overseeing various aspects of healthcare delivery to ensure that value is maximised for patients. This involves optimising the balance between quality of care and cost-effectiveness, as well as focusing on patient-centred care models. By collaborating with healthcare teams across the organisation, the CVO helps Mayo Clinic continuously innovate and adapt to evolving patient needs and industry standards. Mayo Clinic's ongoing success underscores the crucial role played by Chief Value Officers in driving excellence and patient-centred care within the organisation. Do you know a CVO who excels in their role? Nominate them now: www.cvosvanhetjaar.nl! #CVO #ChiefValueOfficer #Innovation #Impact #Excellence #Healthcare https://lnkd.in/eSMWJaUX  

A recent analysis by Kaufman Hall reveals that the average 425-bed hospital could save over $20 million annually in operating expenses by reducing unnecessary hospital days. Hospitals across the U.S. are grappling with capacity issues, leading to prolonged patient stays and increased costs. The February 2024 analysis by Kaufman Hall highlights that reducing the length of hospital stays not only improves financial performance, but also enhances patient flow and reduces unnecessary expenses. Biofourmis' Timely Discharge solution enables patients to be discharged 24-48 hours earlier than their anticipated length of stay, enabling them to continue care from the comfort of their homes. This comprehensive care delivery solution ensures seamless transitions for patients from acute care to post-discharge monitoring, including in-home clinical services and orchestration. Learn more: https://lnkd.in/gqftzSpB. https://lnkd.in/eTTkFARC I #LengthOfStay #HospitalAtHome #HospitalCapacity #CareCoordination Becker's Healthcare

Becker’s Hospital Review highlights recent insights from Ken Kaufman: how hospitals can improve financial performance by reducing the average patient length of stay. #patientsafety #patientstay Becker's Healthcare https://lnkd.in/eTTkFARC

ASCs are a great option for many patients, and their rise in popularity reflects that. Not only do ASCs tend to be more convenient and cost-effective compared to hospitals, they're also generally more personalized and patient-centric. #ASC #Healthcare #PatientCare

I'm proud to be a member of and lead one of the highest performing ACOs, Privia Quality Network— Georgia. Recently, I had the opportunity to highlight Privia's ACO successes with Andis Robeznieks from the American Medical Association. We discussed how successful ACOs are transforming healthcare, my personal journey in medicine, and my thoughts on how connectivity in physician-patient relationships makes the difference in the workflow for independent physicians and value-based care as a whole. Read the article here: https://lnkd.in/e3rxDZrY #priviahealth #priviaproud