Hospital COPD Bundle Curbs Costly Readmissions
University of Cincinnati Medical Center used improvement science to develop and implement a ‘COPD care bundle’ for COPD patients who are often readmitted due to care-delivery failures.
Healthcare Executives Dissatisfied with Cost Transformation Progress
A Kaufman Hall survey found that 75 percent of healthcare executive respondents rate their cost transformation success as average to below average.
Inflammatory Disease and Diabetes Treatment Top the List of Drug Spending Increases Through 2019
Increased utilization will drive a 10-13 percent increase in drug spending through 2019. The biggest increases will occur in drug spending for inflammatory diseases and diabetic treatment.
New Survey Finds Current Cost Transformation Initiatives Lack Required Urgency
Healthcare executives responding to a recent survey overwhelming agree that transforming costs is a “significant” or “very significant” need, but more than 50 percent have no cost reduction targets for the next five years or have a goal of 1-5 percent—a range that is far below what will be required to transform cost structures.
How Price Transparency Can Lower Healthcare Costs
Joseph Sanginiti explains how healthcare providers, health plans, and consumers must work together to manage the cost of health care.
$28M in Healthcare Costs Associated with Opioid Epidemic
Health care accounts for about one-third of the total $78.5 billion costs attributable to the prescription opioid epidemic.
Finding Cost Savings in the Era of Value
The transition to value requires healthcare organizations to control costs while maintaining quality and patient satisfaction.
Managing the Cost of Quality
Healthcare leaders need to provide relevant stakeholders organizationwide with transparency into quality-related costs to drive performance improvement progress. The right tools and processes make the needed visibility possible.
Children’s Hospital Uses EHR to Save $6 for Every $1 Invested
Nationwide Children’s Hospital piloted a continuous improvement program that reduced total inpatient days, admissions, and emergency department visits. A major success factor was the capture of specific data with every patient encounter, creating systematic opportunities to improve patient outcomes and deliver care more efficiently.
Video: Consciously Lowering the Cost of Care
Gordon T. Edwards, CFO for Marshfield Clinic Health System, discusses the high cost of hospital care and how Marshfield treats patients outside the hospital care setting at a lower cost.