.50
.75
1.00
1.25
1.50
2007 2008 2009 2010 2011
Compliance
ER
U
Ɵ
liza
Ɵ
on
Hospital
Admissions
John D. Sprandio, Consultants in Medical Oncology & Hematology
The Big 3 for Achieving Substantial Savings
THE PRACTICAL GUIDE TO BUILDING PRACTICE VALUE: PREPARE
YOUR PRACTICE FOR THE FUTURE OF ONCOLOGY AND HEALTH CARE
6 Core Principles:
Standardize
ग़
Streamline processes of
care to reduce varia
Ɵ
on
Simplify
ग़
Payment and
administra
Ɵ
ve systems
Make Clinically Relevant
ग़
Allow physicians to
focus on complex
medical decisions for
pa
Ɵ
ents
EngagePatients
ग़
Place pa
Ɵ
ent
educa
Ɵ
on, needs and
preferences at the
center of your care
Fix Accountability
ग़
Rede
Į
ne care team job
responsibil
ŝƟ
es with
physicians bearing
u
ůƟ
mate accountability
Process Improvement
ग़
Commit to ongoing,
data-driven con
Ɵ
nuous
process improvement
Medical Homes, ACOs, new physician-hospital rela
Ɵ
onships and new payment methodologies: it is hard to know
how to prepare for the uncertainty. Regardless of what speci
Į
cally happens in your market, improving your prac
Ɵ
ce
quality and e
ĸ
ciency is always good business.
ION Solu
Ɵ
ons and Oncology Management Services (OMS)
have partnered to develop a solu
Ɵ
on that will help you to
prepare your pra
ĐƟĐ
e for whatever the future has in
store. The Pra
ĐƟĐĂů
Guide to Building Prac
Ɵ
ce Value is
designed to prepare you to obtain NCQA Pa
ƟĞŶƚ
-Centered
Specialty Pra
ĐƟĐ
e (PCSP) recogn
ŝƟ
on, but is
Ň
exible
enough to
Įƚ
any quality focused model.
Health care costs are spiraling out of control and
approaching 20% of the GDP. An aging Medicare popula
Ɵ
on, narrower provider networks based on cost and quality
and government budgets are just some of the issues we face on a daily basis. In order to survive we must embrace
change, understand our market, u
ƟůŝnjĞ
our data, focus on the popula
Ɵ
on and manage risk.
The oncology medical home model is a physician-driven, pa
Ɵ
ent-focused value propos
ŝƟ
on that can really make a
di
ī
erence for pa
Ɵ
ents, oncologists and the cost of health care. Recent studies show it demonstrates a redu
ĐƟ
on of
the cancer spend by 7-13% with the biggest
Į
nancial impact coming from u
Ɵůŝnjŝ
ng evidence-based, cost e
ī
e
ĐƟ
ve
pathways, reducing emergency room visits and hospital admissions and a though
ƞ
ul approach to end of life care.
The model facilitates physician accountability, encourages clinical in
ƚĞŐƌĂƟ
on, enhances commun
ŝĐĂƟŽ
n for ACO
and PCMH and maintains focus on pa
Ɵ
ent and evidence-based care.
The struggle is balancing the current volume based reimbursement while
preparing for a shi
Ō
to value based models without a period of revenue
loss. Delaying this process will force you to make the transition on the
ŇLJ
,
guaranteeing a struggle to manage the risk and reward of value based
contracts. The Prac
Ɵ
cal Guide allows you to choose which modules you
want to do when and to focus on the ones that will have an immediate
pos
ŝƟ
ve impact on your pra
ĐƟĐ
e.
Content courtesy of: Fox, John V., Sprandio, John D., Barkley, Ronald.
“Understanding and Surviving the Transi
Ɵ
on to Value Based Oncology”.
Practical Guide to
Building Practice
Value
Oncology Quality
Management
Programs
OncologyQuality
anage ent
Programs