Knowledge Center

Most of us have heard the term “population health” but is it simply a healthcare buzzword or a program that can truly drive better costs, quality, and outcomes? AHRMM assembled a task force comprised of experts in the fields of healthcare supply chain, finance, and value analysis to examine the current population health management landscape in order to determine what impact these programs are having on the physical and behavioral health of people and the financial health of hospitals, health systems, and other health-related community organizations.

This case study provides a review of Grady Health System’s transformation from traditional Value Analysis Joint Product Review Team structure to Value Based Selection Committees which promote shared governance including system wide physicians and executives focusing on full integration of cost, quality, outcomes analysis to ensure selection of products offering the greatest overall value for cost reduction and improvement of outcomes.

This article is from the March/April 2017 issue of the AHRMM member-only magazine, Supply Chain Strategies & Solutions. At St. Francis Hospital, HealthTrust advisors and the cardiovascular team implemented successful processes producing consistent door-to-balloon times of less than 35 minutes, slashed costs associated with renal failure by 90 percent, and reduced readmissions below the national benchmark. HealthTrust is a sponsor of the Cost, Quality, and Outcomes (CQO) Movement.

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

The safe use of health technology—from infusion pumps to complex imaging systems—requires that healthcare facilities recognize the possibility of danger or difficulty with those technologies and that they take steps to minimize the likelihood of adverse events. Download Article

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.

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.

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. Download Article

This article is from the November/December 2016 issue of the AHRMM member-only magazine, Supply Chain Strategies & Solutions. Unlocking individual silos in healthcare organizations is a key step toward delivering the optimal value in patient care at the appropriate cost. Multidisciplinary sourcing teams with the right software platform can elevate the role of healthcare supply chain. The result: stronger negotiating processes with suppliers and better contract terms.

In 2014, AHRMM hosted the first Cost, Quality, and Outcomes (CQO) Summit to bring healthcare thought leaders together and discuss particular supply chain issues and concerns. The results of those conversations were used to develop the first task force and to shape the agenda for the second CQO Summit, held in 2015.

Increasing federal regulation compliance costs and declining reimbursements have compressed hospital profitability. This is leading hospitals to turn to Supply Chain to reduce direct costs for supplies, devices, drugs, and purchased services. Traditionally Supply Chain has aggressively pursued these cost reductions through price reduction tactics. These techniques, however, are yielding diminishing savings returns.

By: Karen Conway Download Article