As the organization moves from volume to value, it is imperative to understand not only the clinical risks of the population but also the true and total cost of care by population across the care continuum. This session will describe an approach to measuring the healthcare value and the corresponding costs during the care delivery process, in order to optimize the value.
Identify the true cost of care from a clinical activity to episode levels, and direct and indirect personnel/patient care costs
Minimize variations in care delivery. Benchmark performance and quality measures to value
Employ necessary data, systems and process changes