MYTHBUSTERS: Better Care Is Most Cost Effective

Thursday, August 3rd, 2017 | 1:00PM - 2:00PM CT

In the effort to improve the quality of care and increase affordability, health systems need to empower their clinical leadership with Actionable data. Cost-accounting systems have become fundamental tools for health systems to reduce clinical variation…and for the first time actually providing the data to prove that better care IS most cost effective. Key to the success of these initiatives are partnerships with clinicians to improve the quality of care while using resources more effectively, as seen in the initiatives of organizations such as Yale New Haven Health (YNHH). Using metrics called quality variation indicators to translate negative quality outcomes into measurable costs, organizations can create a basis for communication on improving quality and reducing costs. Join this webinar to see how organizations are taking steps to ensure their clinical, financial and operational leaders all have access to data so they can work in collaboration versus live in conflict.

Attendees will be able to:

• Illustrate how robust cost-accounting data allows healthcare provider organizations to make smarter financial and clinical decisions
• Analyze strategies and processes that bring together quality and cost data
• Improve your understanding of costing methodologies and the need for cost accounting across the entire continuum of care

Presenters:

• Tushar Pandey, VP of Decision Support Practice, Strata Decision Technology
• Jennifer Ittner, Director of Continuous Improvement, Strata Decision Technology