A New Reality: Controlling costs in your Cath Lab and preparing for cardiac bundled payments with analytics

Thursday, November 10, 2016 | 1:00pm - 2:00pm CT (2:00pm - 3:00pm ET)

With the shift from fee-for-service to value-based care, controlling spend on your high value supplies is becoming even more critical. Data analytics has the power to change behavior. What if your staff could actually see the accumulating cost of the case in real-time, as supplies are used in high cost procedural areas like the Cath Lab? That’s exactly the method hospitals are leveraging to build awareness for clinicians and physicians around the expense and episode-based costs that are flowing through the procedure area. Learn how RFID-enabled automation with a data analytics platform is empowering health systems to reduce variability, drive down costs, and prepare for managing CMS bundled payments for cardiac care.

Learning objectives:

  • Learn how automated RFID inventory management and predictive analytics can drive improvements, support quadruple aim initiatives and help you manage to your Medicare Margin.
  • Describe how the accurate management, tracking and monitoring of your high-value procedural inventory helps you advance supply chain excellence while reducing waste and variability.
  • Discover how to better control costs to align with CMS bundled payments.
  • Identify ways clinicians and supply chain can collaborate through the use of data to help standardize physician preference items.

Presenters: 

Jeff Porubcansky, Six Sigma Black Belt Certified Director, Trusted Advisement, Operations and Services, Cardinal Health™ Inventory Management Solutions

Peter Mallow, PhD, Director Health Economics, Outcomes Research, & Reimbursement, Cardinal Health