June 13, 2019, 2:00 PM ET: Assessing the Value of Age-Friendly Health Care
- Victor Tabbush, PhD, Adjunct Professor Emeritus, UCLA Anderson School of Management
- Robert Scott Dicks, MD, FACP, Chief, Division of Geriatric Medicine and Gerontology; Director, Geriatric Medicine, Hartford Hospital
Christine Waszynski, APRN, Coordinator, Inpatient Geriatric Services, Hartford Hospital
Suzanne Engle, RN, BSN, Director of Care Coordination, St. Vincent/Ascension
Jennifer Allbright, RN, BSN, Manager, Center for Healthy Aging, St. Vincent/Ascension
As health care delivery in the United States gets increasingly linked to value-based payment, health systems cannot afford to waffle in their efforts to provide the best and safest care to their patients. Money is on the line. At the same time, it's up to each health care organization to figure out how improvements might benefit them financially. Better health, better health care, and better outcomes may be cost effective for society as a whole, but it takes careful planning on the ground for a specific hospital or office practice to realize savings or gains in revenue.
A case in point is the Age-Friendly Health Systems (AFHS) initiative, which currently has 126 health systems in 37 states engaged in improving care for older Americans. Many of these systems are aligning their work in four areas, known as the 4Ms, with solid business goals. We're going to hear from two hospitals actively demonstrating the business case on the June 13 WIHI: Assessing the Value of Age-Friendly Health Care. We hope you'll tune in.
The WIHI panel will be headed up by Dr. Victor Tabbush, lead author of a new IHI and AFHS report, The Business Case for Becoming an Age-Friendly Health System. This resource, along with two Return on Investment (ROI) calculators Dr. Tabbush created – one for the inpatient and one for the outpatient setting – are serving as critical tools for doing the improvement math. Just ask Bob Dicks and Chris Waszynski from Hartford Hospital, and Jenny Allbright and Suzanne Engle from St. Vincent Hospital, who will join Dr. Tabbush on the WIHI. At Hartford, progress in preventing and treating delirium has yielded significant cost savings; at St. Vincent, expanding access to an outpatient Medicare benefit, the Annual Wellness Visit, is generating new revenues from this opportunity to address often overlooked health issues with appropriate, needed services.
It hasn't always been easy to talk about the business case for quality improvement, let alone isolate the financial benefit. Now, there's a way to do both, in the context of transformative, age-friendly care. Please join the discussion on the June 13 WIHI!
Please click here to create a calendar invite for the 2:00 PM ET broadcast.
Age-Friendly Health Systems is an initiative of The John A. Hartford Foundation and the Institute for Healthcare Improvement, in partnership with the American Hospital Association and the Catholic Health Association of the United States.