Knowledge Center

The ISM® Hospital Report On Business® is the first ISM® report to focus on the healthcare sector. It is being established in partnership with AHRMM, and with the assistance of the Strategic Marketplace Initiative (SMI).

Healthcare delivery systems in the U.S. have traditionally targeted health intervention strategies at individuals rather than populations. However, the transition to value-based care necessitates that healthcare providers develop population health management strategies to improve disease management. This article outlines the ways in which population health management can benefit both the healthcare system and the health of the communities it serves. By: Michelle Kurta, Mary Beth Lang, Benjamin Collier, and Scott Mullins

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. Download Article

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. Download Article

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. Download Article

By: Michael Deluca Download Article

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. Download Article

By: Karen Conway Download Article

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Healthcare reform is driving unprecedented changes in the management, funding and delivery of care as hospitals develop and implement strategies to achieve higher quality care at lower cost. The problem many hospitals face involves the gaps in data between costly supplies, and how they are managed in the item master and chargemaster. Having links and systems in place to audit and validate the item to charge accuracy is crucial. Without this foundation, providers lose the ability to trust their physician quality outcome assessments and episodic care analytics.