The shift to bundled payments in health care continues to push the supply chain to a more central position in the overall operations and capabilities of progressive health systems.
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In the spectrum of payment models, with fee-for service on one end and capitation on the other, bundled payments is somewhere in the middle. No single payment model has been completely successful in the past, but there is no dispute that cost reduction must be one of the primary goals of any model that all stakeholders can agree on.
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Bundled payments provide a single payment for a defined episode of care that is shared among the caregivers involved in the delivery of care, with the risk shifting primarily to hospitals. The logic is that this will promote better care coordination among the various providers, while reducing wide variations in both the cost of care and how care is delivered.
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This is an executive summary of the case study published in the 2016 AHRMM CQO Report. Access to the full report is a member-only benefit. Not an AHRMM member? Join today.
This is an executive summary of the case study published in the 2016 AHRMM CQO Report. Access to the full report is a member-only benefit. Not an AHRMM member? Join today.
This is an executive summary of the case study published in the 2016 AHRMM CQO Report. Access to the full report is a member-only benefit. Not an AHRMM member? Join today.
This is an executive summary of the case study published in the 2016 AHRMM CQO Report. Access to the full report is a member-only benefit. Not an AHRMM member? Join today.
This is an executive summary of the case study published in the 2016 AHRMM CQO Report. Access to the full report is a member-only benefit. Not an AHRMM member? Join today.
This is an executive summary of the case study published in the 2016 AHRMM CQO Report. Access to the full report is a member-only benefit. Not an AHRMM member? Join today.
This is an executive summary of the case study published in the 2016 AHRMM CQO Report. Access to the full report is a member-only benefit. Not an AHRMM member? Join today.
Overview
As the Institute for Healthcare Improvement’s (IHI) Triple Aim continues to be adopted by hospitals and health systems as a framework for implementing major improvements, AHRMM has established a clear and important connection between AHRMM’s Cost, Quality, and Outcomes (CQO) Movement and the goals of the Triple Aim.
Consumerism in healthcare has been on the rise as the impact of healthcare reform translates to narrower networks, higher deductibles and co-payments for patients, coupled with the shift toward value-based reimbursements for providers. With these changes, supply chain needs to work more closely with finance, clinicians, physicians, and health plans in this new healthcare economy.
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By: Michael Deluca
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How often have you heard that supply chain is involved in patient care from the moment the patient walks in the door to discharge? Well, now that concept has gone a step further, and we need to think out of the box and as a patient ourselves.
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This article is from the November/December 2016 issue of the AHRMM member-only magazine, Supply Chain Strategies & Solutions. As the hospital pharmacy landscape continues to become more and more complex, hospitals and health systems need to understand that better management of the medication supply chain will help balance ever-evolving fiscal challenges.
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This article is from the November/December 2016 issue of the AHRMM member-only magazine, Supply Chain Strategies & Solutions. In the healthcare field, products that are labeled with RFID tags help both the provider and supplier be more efficient and effective in managing inventory levels. In turn, this improved inventory management helps healthcare systems and suppliers have better, more accurate conversations about what products are being consumed at the bedside. Cook Medical is a sponsor of the Cost, Quality, and Outcomes (CQO) Movement.
An article from the November/December 2016 issue of the AHRMM member-only magazine, Supply Chain Strategies & Solutions. This article will discuss the shift from technology simply being used to source goods and services (i.e. reverse auctions, electronic RFPs/RFIs, online contract authoring) to how leading-edge technology is now used to enforce compliance and utilization of contracts.
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This article is from the November/December 2016 issue of the AHRMM member-only magazine, Supply Chain Strategies & Solutions. When supply chain analytics are enabled by the right data collection technology, they have the power to help hospital leaders better predict, trend and analyze product utilization information at every touch point throughout the enterprise.
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This article is from the November/December 2016 issue of the AHRMM member-only magazine, Supply Chain Strategies & Solutions. As 2016 comes to an end, we can look back and see that this year has brought a lot of new opportunities to help facilities achieve better patient outcomes, implement the Triple Aim framework, and new mobile applications patients can access to keep up with their health.
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