As we continue to move towards a healthcare model that delivers on value, we need to focus on those being served and how we create shared value. If we want to make an impact, we must focus on how we create a culture of health. A recent article by Chandra et al in Health Affairs, Drivers of Health… Read More »
There is rising debate of whether or not America has a doctor shortage. As with most vigorous discussions, there is data to support both sides of the argument. When the data is presented around the aging of our population and the number of physicians retiring, compared to the number of new doctors joining the work force and their… Read More »
People with depression cost 3 times more to treat We all know that mental and behavioral health play a critical role in not only the cost of healthcare, but also in how well a person can function both at work and at home. We looked at the higher costs of care associated with depression, despite a person’s underlying… Read More »
I recently read an article, What is Disruptive Innovation? by Clayton M. Christensen, Michael E. Raynor, and Rory McDonald from the Harvard Business Review, that got me thinking about disruptive innovation in healthcare and why it is so difficult. Incumbents, or the supply side, focus on improving their products to their present customer base and inherently ignore the… Read More »
Personal, human care needed to address both physical and emotional needs My wife recently went to visit her very active parents. Her dad, while out walking the dog before light, tripped and fell. As he is on blood thinner, and he took a hard fall, they proceeded to go to the emergency room. Through the course of the… Read More »
Embedding a liaison to help transition people from SNFs to home lowers costs Whether you are an accountable care organization (ACO) or operate under a bundled payment, or any type of value-based payment model, skilled nursing facility utilization and cost are a major area of focus. Not only is it a major source of healthcare expenditure, but people… Read More »
As we move to value-based care models, where we place our focus becomes very important. With limited resources both in dollars and human capital, knowing where to spend our energy is dependent on knowing information driven by data. Sometimes dictum is driven more from thought than fact. We focus a great deal on those with multiple chronic diseases,… Read More »
There is a great deal of discussion around the cost of care at the end of life. The spectrum ranges from, “this is where we need to put all our focus,” to the press around “death panels.” In order to really understand the scope, we need to look and see what the data tells us. It is estimated… Read More »
Value’s variables often affect each other Value has three variables: quality, service and cost. Many times we confuse one of these variables for the other. As these different variables each affect value differently, it’s important to understand what activities falls under each variable and how they interact. For example, we want to increase quality and service while decreasing… Read More »
Debate over rights and true consumers hinders achieving value Healthcare costs have been on the rise for many decades and there have been multiple attempts and models to curb spending. We are presently shifting to value-based payment models under the theory that unlike previously in a fee for service world, paying only for what increases quality and satisfaction… Read More »