At the April 2016 annual meeting of Widener University’s Alumni Association for its Graduate Program in Healthcare Management (Chester, PA), AMS President Jo Surpin presented how payment approaches changed since the formation of DRGs in New Jersey in the early Read More
This March we will see gainsharing take center stage at two regional HFMA meetings, as well as presenting a poster at ACHE Congress. The events demonstrate the power of aligning the incentives of physicians and hospitals to drive physician engagement necessary to succeed under value based payment systems. The educational sessions will present case studies that show how organizations use gainsharing to not just reduce internal costs, but to improve quality.
On March 22, at HFMA Central Pennsylvania Chapter 10th Annual Hospital and Physician Collaborative at the Lancaster Convention Center in Lancaster, PA, I’ll be co-presenting with April Venable, Director of Population Health at Inspira Health Network (Vineland, NJ). Inspira needed to engage their physicians as they prepared Read More
In autumn, the normally frenetic activity of hospitals and health systems accelerates into high gear. Autumn is also marked by major conferences as executive teams “harvest” for new ideas. That’s appropriate as autumn used to be known as “harvest” before the dawn of the Industrial Revolution when the population moved to cities!
Gainsharing was prominently featured on the conference circuit this year. With 5 states in various stages of implementation of the AMS Performance Based Incentive System, there is much interest in the success of gainsharing. We presented at regional, national, and international conferences, and university programs in healthcare management. Needless to say. I’m very proud that our organization is changing healthcare by lowering costs while improving quality and outcomes. It’s gratifying to see this interest.
When I joined AMS nearly 2 years ago, I was finishing my doctoral research that examined the impact of CMS’ Pay for Performance (P4P) system on the relationship between hospital costs and the patient experience. This P4P system provides a financial reward or penalty for hospitals that will reach as high as 2% of Medicare Read More
In the March 2015 edition of the American Hospital Association’s Trustee magazine, AMS VP Anthony Stanowski and I authored “Two Paths to Savings”. The article reviews the relationship between shared savings programs (ACOs, Bundled Payment Programs, and Patient Centered Medical Homes) and gainsharing programs. Four basic questions that trustees and hospital executives wrestle are examined: