WIHI: Bundles and Buy-In for Value-Based Care

Date: March 12, 2015

Featuring:

• Mark P. Jarrett, MD, MBA, Chief Quality Officer, Sr. Vice President & Associate Chief Medical Officer, North Shore-LIJ Health System
• Susan Browning, MPH, FACHE, Vice President, Neurosciences, Head & Neck Surgery/ENT and Ophthalmology, North Shore-LIJ Health System
• Katharine Luther, RN, MPM, Vice President, Institute for Healthcare Improvement
• Mark Hiller, MBA, Vice President for Innovative Solutions & Leader, Premier Bundled Payment Collaborative, Premier
• Alice Ehresman, RN, Healthcare Quality Specialist, Baystate Health

 

Are your care teams ready for value-based payments? Does everyone understand the relationship between better patient care and potential savings? Are there some new skill sets and mindsets required of doctors and nurses and support staff that need to be called out and called for, rather than just taking everyone’s buy-in and readiness for granted?

 

There is more than a few questions to answer, and there’s no question that public and private payers in the US are moving towards more global payment arrangements with health care providers. But the picture of how health care delivery systems take up the challenge is still coming into focus. Forming or becoming part of an accountable care organization (ACO) has been one dominant response. And a growing number of health care organizations are redesigning common patient care procedures in order to enter into agreements that reward value over volume, and that tie payment to successful deployment of specific bundles of care.
 
It’s tempting to think of all this rejiggering as resting heavily on a hospital’s or office practice’s CFO or whoever draws up contracts with payers. But there’s so much more to it. We assembled a terrific panel, with leaders from pioneering health systems like North Shore-LIJ and Baystate Medical Center, to guide us through the challenges and triumphs in this new phase for health care payment and delivery.