Can We Afford Value-Based Care Without Risk?
On Tuesday April 24th, several SVHP staff members (Edward Jones, Moriah Nelson, Michael Petroski and Colleen Swedberg) participated in The Connecticut Health Council’s forum which examined the critical importance of moving to value-based care models. As noted on CHC’s communications about the forum:
“The clock is ticking! The current system is financially unsustainable. New models of care delivery, focused on value and quality outcomes, must now re-shape the market.”
The forum included a lively panel responding to the issues of:
- Access to quality, affordable care is at risk. Health industry leaders discussed the critical importance of moving to value-based care models now!
- Contributors described effective and proven practices and strategies utilized throughout the State to shift from traditional fee-for-service to true value-based care.
See more about the Connecticut Health Council at: http://www.cthealthcouncil.com/
State of Connecticut Keynote Speaker
Victoria Veltri, JD, Executive Director, Office of Health Strategy
Value-based Health Care is Here, Now – Reports from Key Stakeholders included:
Eric Galvin, President and COO, Connecticare
Jeffrey Hogan, Northeast Regional Manager, Rogers Benefit Group
Jess Kupec, President and CEO, Saint Francis Healthcare Partners
Wendy Sherry, President, Cigna Connecticut and Payer Solutions
Thomas Woodruff, PhD, Director of Healthcare Policy & Benefit Services, State of CT
National Keynote Speaker
“The Answer is NO – But the Benefits are Worth It.”
Ruth Coleman, Founder, Health Design Plus
Steve Schutzer, MD – Medical Director of the Connecticut Joint Replacement Institute at Saint Francis Hospital and Medical Center
SVHP Spring Summit
SVHP Makes a New ‘Transition’
April 19th was the date of SVHP’s first ‘Summit’ held in the conference center at St. Vincent’s Medical Center.
Participants at this unique forum consist of key administrative and clinical stakeholders from the SVHP membership including representation from the acute, post-acute, emergency room, and primary care member organizations. The new President and CEO of St. Vincent’s Medical Center, Dawn Rudolph, was able to stop in at the Spring Summit to express her recognition of and appreciation for the value of this group.
The forum, formerly the ‘Transition Leadership Committee’ (TLC), has successfully focused for 3 years on building the work of effective transitions between all settings.
The TLC has been the significant working body within the CIN building working relationships across the continuum, determining the barriers preventing healthy transitions and devising strategies which have overcome or mitigated those barriers.
Over time the focus of the forum has evolved beyond ‘transitions’ to a broader scope encompassing all the key areas affecting network quality and integrity and it was time to make a change – that change is captured in the Spring Summit forum.
The agenda was packed with items presented by members and external partners speaking to initiatives currently in progress, as well as dialogue about newly available opportunities to move forward more effectively.
Thank you in particular to physicians Corina Marcu (St. Vincent’s Medical Center) for describing the progress on the Readmission Reduction strategy, Rahul Gupta (Goldfarb, Ranno & Associates) for speaking about the weekly SVHP wide Telephonic Huddle, Imran Siddiqui (St. Vincent’s Medical Center) for describing the merits of having this mature clinically integrated network in place for improved outcomes in surgical patients and Michael Hunt (St. Vincent’s Health Partners) for summarizing the timeliness of the work on the road to risk based contract arrangements.
Copies of key tools which have been widely distributed throughout the network were available and referenced including an Advanced Illness Checklist, RN to RN Calls Checklist, Social Work to Social Work Call Checklist and the SVHP One Stop Contact List.
To learn more about the SVHP Spring Summit please contact Pani Stanton, Associate Director for Medical Management at SVHP, firstname.lastname@example.org.
9th Annual Meeting: Becker’s Hospital Review
Kyle Lanning, Associate Director of Operations & Administration In-House Counsel, is attending the 9th Annual Becker’s Conference in Chicago this week, participating in the:
- VALUE BASED + PAYER ISSUES SUMMIT
- HEALTH IT + REVENUE CYCLE SUMMIT
It will focus on topics and strategies related to value-based care. It aims to connect hospital and health system executives, payers, and ACOs to address and discuss the shift from fee-for-service to a value-based model. It includes panel discussions and presentations on topics such as Key Issues for IDNs and Large Systems, Payer-Provider Issues & Relationships, Insurer Strategies, and much more.
In addition, it will focus on key topics and insights specifically related to the Health Information Technology space. It will include 8 different sessions on trending topics such as Technology Innovations, Telehealth, Clous, Predictive Analytics, Big Data, Data & Patient Care, Population Health, the Role of the CIO, CMIO, CNIO and CNO and many others.