Session ID: 
192

Fueling an Innovation Engine to Deliver Alternative Payment Models

6:00pm - 7:00pm Wednesday, March 7
Las Vegas - Venetian Convention Center
Palazzo K

Description

Cleveland Clinic is renowned for its world class care. Part of what makes this possible is the Clinic’s commitment to Innovation, which is considered a cornerstone and core value of Cleveland Clinic. In this new era of value-based care, it has become increasingly imperative to demonstrate value and outcomes in order to be reimbursed. When Cleveland Clinic sought to develop a way to automate bundled payments around their Centers of Excellence and specialty care procedures, they needed to identify people, process, and technology to build and implement the right bundles. Then, to maintain cost-effective success and scale over the long term, a bundled payment solution was necessary to ensure consistent and accurate administration of the bundling. With an innovative fabric as part of Cleveland Clinic culture, the Caregiver team ignited a fire to develop and translate the bundle initiative from idea to implementation.

Learning Objectives: 

  • Display innovation framework to translate ideas to implementation
  • Share journey of bundles, an alternative payment model and its relation to care redesign
  • State and compare lessons learned from bundles implementation: expected and unexpected

Speaker(s): 

Senior Director, Payment Innovation,
Cleveland Clinic
Senior Director, Innovations,
Cleveland Clinic
Continuing Education Credits: 
AAHAM
1.00
ABPM
1.00
ACHE
1.00
CAHIMS
1.00
CME
1.00
CNE
1.00
CPHIMS
1.00
PDU
1.00

Audience: 

C-Suite
Healthcare Financial Professionals
Management Engineer and Process Improvement Prof.

Level: 

Intermediate

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