Reducing Readmissions through Provider and Supplier Collaboration
Member Price: Free | Non-Member Price: $99
CPE Credit: 1.0
Health care systems are facing an uphill battle trying to reduce costs and improve quality of care. Shared-value between providers and suppliers brings patient care collaboration and brainstorming to the top of all discussions. Advocate Health Care developed a provider-supplier partnership that reduced readmissions rates and improved quality of care inside and outside of the hospitals. Elements of the collaborative research and key clinical economic baseline and results will be shared, as well as how the quality improvement program components drove care process improvement.
The webinar will continue with a review of Advocate’s pursuit of the evolution of deeper supplier relationships to advance shared value. In addition, Advocate’s supplier segmentation definition and key set of associated behavior expectations will be reviewed along with specific examples of suppliers that fall into these segments that illustrate how partnership value and behaviors are being exhibited today in driving better CQO utility. Finally, a vision of what a supplier-provider shared value scorecard might look like in the future as well as key lessons learned thus far in advancing these relationships.
How this Session Relates to the Cost, Quality and Outcomes (CQO) Movement: CQO effectiveness can be increased by advancing supplier partnership models aimed at deepening collaborative, strategic or integrated relationships.
- Summarize how malnutrition management can impact clinical economic value.
- Demonstrate how clinicians, supply chain management and suppliers can interact to create new opportunities for improvement.
- Describe the importance of developing a supplier-provider operating model of collaboration.
Presenter: Thomas M. Lubotsky, Vice President Supply Chain, Allina Health