Value-Based Care Flashcards

1
Q

Value-Based Care

Purpose

A
  • Improve patient experience
  • Reduce per-capita medical spend
  • Improve population’s health
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2
Q

Value-Based Care

Value-Based Care Framework Capabilities

A
  • Strategy
  • High-Performance Network Management
  • Population Health Management and Quality
  • Enterprise Risk and Financial Management
  • Data Management
  • Consumer Engagement
  • Analytics and Reporting
  • Enabling Technology
  • Business Operations Excellence
  • Product Leadership
  • Organizational Change and Talent Acquisition
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3
Q

Value-Based Care

Value-Based Care Framework Capabilities

A
  • Strategy
  • High-Performance Network Management
  • Population Health Management and Quality
  • Enterprise Risk and Financial Management
  • Data Management
  • Consumer Engagement
  • Analytics and Reporting
  • Enabling Technology
  • Business Operations Excellence
  • Product Leadership
  • Organizational Change and Talent Acquisition
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4
Q

Value-Based Care

Strategic Considerations

A
  • Overall strategy objectives
  • Provider strategic motivation
  • Balance risk appetite
  • Financial Implications for Providers
  • Possible Outcomes by Modeling:
    • Traditional Financial Levers
    • Clinical Interventions
    • Underlying cost structure of providers
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5
Q

Value-Based Care

8 Medication-Use Quality Measures on Which to Evaluate Pharmacies

A
  • Medication Adherence
    • Hypertension
    • Cholesterol
    • Diabetes
  • Dx Management
    • Statin use in persons with diabetes
    • Suboptimal control of asthma
    • Absence of controller inhaler in asthma patients
    • Pharmacist health coaching
  • Patient Safety
    • High risk Medication in Elderly
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6
Q

Value-Based Care

Reasons Initial Metrics were Selected for Pharmacy Initiative

A
  • Address areas of high priority
  • Can be directly impacted by pharmacists
  • Easy to track and understand
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7
Q

Value-Based Care

Initiative Phases

A
  1. Performance Reflection (Reflect on scorecards)
  2. Performance Disclosure (Final scores)
  3. Performance Accountability (Tie pharmacy reimbursement to overall performance)
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8
Q

Value-Based Care

Initial Objectives of Pharmacy Initiative

A
  • Assist pharmacies to identify most high-need patients for intervention
  • Support evolution of pharmacy profession to delivery high-quality patient-centered care
  • Performance feedback to facilitate improvement
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