Cost Effectiveness of Health Report, November 2021

The November HFMA’s Cost Effectiveness of Health Report, sponsored by Kaufman Hall, features stories that explore the growing trend toward delivery of healthcare at home, as reflected in CMS’s Acute Hospital Care at Home waiver and a unique senior-care-at-home approach in Southern California that has national implications. The report also includes features that explore leading health systems’ innovative venture investing strategies and the need for more proactive approaches to addressing workforce challenges facing the industry.

Healthcare at Home

Hospital-at-home care promises to reshape healthcare delivery in the United States|
By Eric C. Reese, PhD
Two leaders of health system hospital-at-home programs describe how the acute hospital care at home model represents an important change in how our nation approaches healthcare delivery, because it has been shown to yield improved care outcomes and greater patient satisfaction.

Venture Investing

Healthcare venture investing: how to succeed in a white-hot market
By David G. Anderson, PhD, Mary Jo Potter and Dudley E. Morris
U.S. health systems can best promote cost effectiveness of health through innovation and a commitment to ensuring the ongoing financial sustainability of the healthcare enterprise. Health systems are increasingly turning to venture investing to achieve these goals. Read this expanded version of an article published in the November issue of hfm.

How a health plan is taking primary care to seniors in their homes
Eric C. Reese, PhD
Two healthcare leaders describe a new model of geriatric care being developed in Southern California and the Southwest, designed to deliver a full range of primary care services to seniors in their homes. This model may set the stage for the emergence and adoption of this innovative approach to in-home healthcare nationwide. The model is a practical response to a proven demand among seniors for such an approach.

Hospital Performance

COVID-19 pandemic continues to adversely impact hospital performance improvement efforts
Sponsored by Kaufman Hall
Lance Robinson
Supply chain disruptions, labor shortages and rising expense costs caused by the COVID-19 pandemic continues to efforts of the nation’s hospitals and health systems to improve their performance, a Kaufman Hall survey found.

Workforce Issues

How to address the looming healthcare employment crisis
By Bruce Bolger and Hieu Bui.  MD, MBA, FACHE
Healthcare organizations can best prepare for an anticipated labor shortage and other workforce challenges by adopting a holistic and proactive approach to human capital management as a discipline, with the goal of promoting greater employee engagement and satisfaction.