Health Economics

Remedy and Regence Collaborate on Innovative Member-Centered Program Using Episodes of Care

Monday, November 18, 2019 - 3:30pm

"We're honored to support Regence's groundbreaking Episodes of Care program," said Kyle Armbrester, CEO of Remedy.

Key Points: 
  • "We're honored to support Regence's groundbreaking Episodes of Care program," said Kyle Armbrester, CEO of Remedy.
  • Episodes of Care puts Regence at the forefront of innovation in how to pay for health care.
  • Remedy is America's leading episodes of care company, which connects employers, insurance companies, and health care systems to deliver more cost-effective care and improved consumer experiences.
  • Remedy delivers software and services enabling health care providers and health insurers to organize and finance health care around patient episodes of care.

Health Literacy Incentive Program Using Healthwise Health Education Is Potential Breakthrough in Effort to Lower Health Care Costs

Monday, November 18, 2019 - 1:00pm

A research paper published in the Journal of Medical Internet Research details the studys outcomes, and points to the MAIT Program as a potential breakthrough in the effort to improve public health and lower overall health care costs.

Key Points: 
  • A research paper published in the Journal of Medical Internet Research details the studys outcomes, and points to the MAIT Program as a potential breakthrough in the effort to improve public health and lower overall health care costs.
  • Researchers compared outcomes from the two years prior to implementing the MAIT Program to the three years after implementation.
  • Health literacy is an important social determinant that correlates with health status, life expectancy, care utilization, medication compliance, care plan adherence, and readmissionsall of which affect the optimal delivery of care, public health, and overall health care costs.
  • This patented system, called the Mutual Accountability and Information Therapy (MAIT) Program, has been proven to improve health and health care, and lower costs, an objective often referred to as the Triple-Quadruple Aim.

Healthcare Architecture Firms, Simone Health, Discusses 4 Factors to Keep in Mind When Designing an Emergency Department

Friday, November 15, 2019 - 10:00am

Healthcare architecture firm, Simone Health, has developed an extensive amount of emergency departments, giving them the expertise to know how to provide the best patient experience and avoid common pitfalls.

Key Points: 
  • Healthcare architecture firm, Simone Health, has developed an extensive amount of emergency departments, giving them the expertise to know how to provide the best patient experience and avoid common pitfalls.
  • Below, healthcare architecture firms , Simone Health discusses 4 major factors to keep in mind during the design process for a successful emergency department.
  • Patient & Visitor Volume: One of the biggest factors affecting a patient's first impression of an emergency department is the amount of people in the waiting room.
  • Paying attention to patient and visitor volume and how it can grow over time is a key point to keep in mind when designing an ED.

Direct Contracting with Employers for Health Care: Henry Ford Health System Shares Insights on Ground-breaking Program with General Motors

Thursday, November 14, 2019 - 12:01pm

A panel discussion on lessons learned in direct contracting at the National Alliance of Healthcare Purchasers Annual Forum in Washington, D.C. provided insight into the direct to employer healthcare contract announced last year between Henry Ford Health System and General Motors.

Key Points: 
  • A panel discussion on lessons learned in direct contracting at the National Alliance of Healthcare Purchasers Annual Forum in Washington, D.C. provided insight into the direct to employer healthcare contract announced last year between Henry Ford Health System and General Motors.
  • Henry Ford is an active participant in the Council of Accountable Physician Practices (CAPP) , a coalition of visionary medical groups and health systems that support integrated health care delivery.
  • When these concepts are incorporated into health care delivery, quality goes up and costs are better managed.
  • Pollet noted that the program was a first for both Henry Ford and GM, and required a high degree of collaboration, transparency and mutual learning.

ASTHO and George Mason University Innovate to Improve Public Health through a New Academic and Practice Collaborative

Wednesday, November 13, 2019 - 3:41pm

ARLINGTON, Va., Nov. 13, 2019 /PRNewswire/ -- Association of State and Territorial Health Officials (ASTHO) and the George Mason College of Health and Human Services announced the formation of the ASTHO-Mason Collaborative for Applied Public Health Practice, a groundbreaking initiative to prepare the next generation of research and practice leaders in public health.

Key Points: 
  • ARLINGTON, Va., Nov. 13, 2019 /PRNewswire/ -- Association of State and Territorial Health Officials (ASTHO) and the George Mason College of Health and Human Services announced the formation of the ASTHO-Mason Collaborative for Applied Public Health Practice, a groundbreaking initiative to prepare the next generation of research and practice leaders in public health.
  • "The Collaborative reflects the increasing complexity of global public health and the demand for flexible, lifelong learning pathways for public health practitioners and academics.
  • The Collaborative builds upon the strengths of both ASTHO and George Mason to ensure that the next generation of public health professionals is prepared to advance health equity and protect and promote health nationwide.
  • ASTHO members, the chief health officials of these jurisdictions, are dedicated to formulating and influencing sound public health policy and to ensuring excellence in public health practice.

Insurers and healthcare groups collaborate to help providers and patients better understand health insurance benefits

Wednesday, November 13, 2019 - 3:35pm

TORONTO, Nov. 13, 2019 (GLOBE NEWSWIRE) -- The Canadian Life and Health Insurance Association together with the Extended Healthcare Professionals Coalition (EHPC), a group of leading healthcare associations, have produced a new guide that will help healthcare providers and their patients better understand how private health insurance works.

Key Points: 
  • TORONTO, Nov. 13, 2019 (GLOBE NEWSWIRE) -- The Canadian Life and Health Insurance Association together with the Extended Healthcare Professionals Coalition (EHPC), a group of leading healthcare associations, have produced a new guide that will help healthcare providers and their patients better understand how private health insurance works.
  • The guide released today during Financial Literacy Month, will support providers of health services covered through private health insurance plans.
  • It is intended to help healthcare providers understand the private health insurance environment so they can in turn help their patients understand the services they receive through their insurance plan.
  • The guide, Supplementary Health Insurance Explained for Healthcare Providers , describes the kinds of benefit plans patients may present to their healthcare provider and how they work, including healthcare spending accounts, and explains many terms and concepts commonly used by health insurers.

Apixio Celebrates 10 Years of Healthcare Data Analytics Innovation, Grows Client Base by 35% in 2019

Wednesday, November 13, 2019 - 2:02pm

Within a frenetic healthcare startup climate, the company has delivered risk and quality solutions that solve immediate and pressing business problems.

Key Points: 
  • Within a frenetic healthcare startup climate, the company has delivered risk and quality solutions that solve immediate and pressing business problems.
  • As a result, Apixio has grown its client base and increased revenue by 50 percent every year over the past five years.
  • "We saw an opportunity to use advanced analytics to link all that newly-minted electronic data to improve healthcare.
  • In 2019, Apixio increased its industry footprint by expanding its market share by adding 17 new large payer and provider partners.

Annual Supply Chain Savings Opportunity Reaches $25.7 Billion for U.S. Hospitals, Navigant Analysis Finds

Wednesday, November 13, 2019 - 1:00pm

Unnecessary U.S. hospital spending on supply chain products and related operations and procedures has reached approximately $25.7 billion a year, according to an annual analysis by Navigant , a Guidehouse company.

Key Points: 
  • Unnecessary U.S. hospital spending on supply chain products and related operations and procedures has reached approximately $25.7 billion a year, according to an annual analysis by Navigant , a Guidehouse company.
  • The potential savings opportunity represents a 11.8% or $2.7 billion surge from 2017 , the study of 2,127 hospitals finds.
  • For individual hospitals, the average total supply expense reduction opportunity by percent remained steady at 17.4%, but the dollar savings opportunity jumped 22.6% from 2017 to $12.1 million.
  • Supply chain savings opportunities continue to be lower for high performers in Medicares Hospital Value-Based Purchasing Program and Hospital-Acquired Condition Reduction Program.

Chapters Health System Names New Chief Business Development Officer

Tuesday, November 12, 2019 - 7:20pm

TAMPA, Fla., Nov. 12, 2019 /PRNewswire-PRWeb/ -- Chapters Health System , one of the nation's premier not-for-profit, community-based healthcare organizations headquartered in Temple Terrace, names Paola Bianchi Delp, MHA, MBA, ACHE, as the organization's new chief business development officer.

Key Points: 
  • TAMPA, Fla., Nov. 12, 2019 /PRNewswire-PRWeb/ -- Chapters Health System , one of the nation's premier not-for-profit, community-based healthcare organizations headquartered in Temple Terrace, names Paola Bianchi Delp, MHA, MBA, ACHE, as the organization's new chief business development officer.
  • Delp will be responsible for overseeing and expanding relationships with payors, hospital systems and assist in the development of additional strategic partnerships for Chapters Health.
  • "For us at Chapters Health, Paola brings more than 25 years of experience in leading hospitals, medical groups, integrated delivery systems and health plans in terms of their operations, management, business development and strategic programs.
  • As a progressive leader and premier health system, Chapters Health System is dedicated to delivering innovative home health, palliative and hospice care along with durable medical equipment and pharmacy services.

Statewide Network For Clinical Data Sharing Reduces Healthcare Costs By An Estimated $160-195 Million Annually

Tuesday, November 12, 2019 - 6:17pm

"Numerous studies have already shown the improvement in health care and reduction in unnecessary healthcare spending that can result from the wide and meaningful use of health information exchange," said Valerie Grey, Executive Director of NYeC.

Key Points: 
  • "Numerous studies have already shown the improvement in health care and reduction in unnecessary healthcare spending that can result from the wide and meaningful use of health information exchange," said Valerie Grey, Executive Director of NYeC.
  • "This statewide estimate for New York gives us a sense of the magnitude of the current impact and what tomorrow could bring as the SHIN-NY continues to grow and evolve."
  • The SHIN-NY is a statewide network that facilitates secure and confidential electronic sharing of patient data across the healthcare system to improve outcomes.
  • "Real time access to patient information when I need it is vital to my clinical decision-making and presents clear value to the healthcare system."