Cost Effectiveness of Health

Cost Effectiveness of Health Report, February 2023

April 28, 2023 2:16 pm

The February 2023 issue of HFMA’s Cost Effectiveness of Health Report, sponsored by Kaufman, Hall &  Associates, LLC, highlights efforts of health systems and other organizations focused on addressing issues of health inequity that plague our nation.

Health equity

Norton Healthcare and other health systems are making big moves to reduce health inequity
By Lola Butcher 
Health systems that are leading the way in addressing health inequities offer examples to other health systems that have been uncertain about how best to act on this important societal challenge.

Care coordination networks offer path to addressing social determinants of health and improving cost effectiveness
By Caitlin L. Murphy, MSPH, Ernest L. Carter, MD, PhD, and Donna R. Perkins, MPH
An initiative in Maryland, called the Health Enterprise Zone project (HEZ), exemplifies how effective care coordination networks can improve quality of care, help reduce costs and, ultimately, promote health equity.

Leadership

What’s cost effectiveness of health going to take?
By Aaron Crane
HFMA’s Chair Crane describes the key ingredients for success in achieving cost-effectiveness of health including a shift in focus from solving direct-cause issues to addressing root-cause issues.

Value-based care

4 reasons why now is the time to revisit value-based care
Sponsored by Kaufman Hall
By Sarah Wiley and Joyjit Choudhury
Lessons from the pandemic, investment trends, shifts in Medicare policy and technological change suggest that now may be the time to reconsider and revisit value-based care.

News story: In federal ACO programs, advocates see signs of slow but steady progress
By Nick Hut
The latest ACO participation data doesn’t present noteworthy reasons for optimism about the industry’s transition to value, but supporters say ongoing changes should provide a boost.

Artificial Intelligence

AI and the rise of human-machine collaboration in healthcare 
By David W. Johnson 
The U.S. healthcare system is at the threshold of adopting an integrated care delivery and operational model that uses human-machine collaboration to optimize staffing, anticipate problems, eliminate administrative tasks, and prep caregivers on patients’ specific wants, needs and desires.

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