Joint venture removes provider, patient and payer barriers
A joint venture between Banner Health and Aetna aligns value-based care with economic incentives to reduce the cost of care.
Coordinated care reduces hospitalizations
Aetna joint ventures reduced unnecessary hospitalizations by 7% in the first four months of 2018 as compared to CY17, according to Brigitte Nettesheim, president, North Central Region & Joint Ventures for Aetna. Nettesheim says the improvement in hospitalization rates is supported by coordinated care and direct contact with patients and their physicians. “As an example,…
Dental center prevents ED visits, provides hospital referrals
St. Bernard Hospital Dental Center offers comprehensive and hard-to-access oral health services and surgeries to pediatric and adult patients on Medicaid, particularly special needs patients, which reduces costly emergency department visits and offers referral opportunities to other hospital services.
Focus on care transitions brings substantial new LOS-reduction opportunities
Hospitals can derive multiple operating and financial benefits from focusing care improvement efforts on reducing patients' length of stay in acute care.
Integration supports Presbyterian’s ‘Complete Care’ program
Presbyterian Healthcare Services, based in Albuquerque, is a locally owned, not-for-profit health system of nine hospitals, a statewide health plan and a growing multispecialty medical group. We serve one in three New Mexicans through our healthcare services and insurance coverage. For Presbyterian patients with serious, complex medical needs, we offer a high-touch program that combines primary,…
5 tactics to reduce clinical costs and improve performance
Learn about clinical cost reduction strategies and examples.
Example from the field: Managing clinical costs at a large, academic health system
One healthcare provider recognized that it would be impossible to make a material impact on clinical costs without also addressing related areas such as operational expenses and revenue cycle optimization.
Mayo Clinic Laboratories uses data, clinician teams to identify cost savings
Just one lab utilization initiative can have a massive financial impact, says Andrew Cousin of Mayo Clinic Laboratories. Don’t be so overwhelmed by the scope that you do not take that first small step.
Reducing Clinical Variation to Drive Success in Value-Based Care (Part 1)
Engaging physicians and implementing risk adjusted analytics are two of the strategies that healthcare providers can use to address clinical variation in efforts to improve the value of care.
Specialty practices use predictive analytics to enhance value-based care
Specialty physician practices embarking on value-based care initiatives should start by expanding their ability to collect and synchronize data.