Colorado hospitals and health systems, participating in a three-year quality improvement project led by the Colorado Hospital Association (CHA), prevented 2,800 patient harms for an estimated cost savings of $14.8 million. The results are based on data collected from 32 acute care hospitals from January 2012 through June 2014.
A new infographic by CHA breaks down each of the 11 areas targeted for improvement and the impact these improvements had on healthcare utilization and costs.
If one trend has transformed the healthcare industry post-ACA more than any other, it is the market’s new business model rewarding value over volume.
Value-Based Reimbursement Answer Book: 97 FAQs on Healthcare Models, Measures and Methodology provides a framework for healthcare’s new value proposition, with advice from thought leaders steeped in the delivery and reimbursement of value-based care.
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Tags: health utilization, Healthcare Costs, Quality Improvement
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