panel discussion: surviving and thriving in a value based ... · henry ford health system five...

Post on 05-Aug-2020

6 Views

Category:

Documents

0 Downloads

Preview:

Click to see full reader

TRANSCRIPT

Panel Discussion: Surviving and Panel Discussion: Surviving and Thriving in a Value Based WorldThriving in a Value Based World

Mary WhitbreadVice President, Finance

Henry Ford HospitalHenry Ford Hospital

Henry Ford Health SystemHenry Ford Health SystemFive hospitals – combined 1,767 bedsHenry Ford Medical Group – 1,200 physicians24,000 employees3.3 million annual outpatient visits89,000 surgical procedures performedExtensive health-related services 200+ care delivery locationsHealth Alliance Plan – 630,000 subscribers2011 Malcolm Baldrige National Quality Award

Measures of HarmMeasures of Harm

Infection-related harmProcedure-related harmMedication-related harmFallsPressure Ulcers Healthcare-acquired acute renal failureEmployee injuries

ResultsResults

Overall harm has dropped 32%, which translates to 189 fewer harm events per monthInfection-related harm has dropped 41%Medication-related harm has dropped 43%Falls have dropped 13%Pressure ulcer-related harm has dropped 21%

HFHS Overall No Harm Results

Quality Pays

Harm reduction produced a $10 million variable cost reduction over 4 years

Over 10 years, malpractice expense was cut by 60%, saving more than $26 million per year

88

Contact InformationContact Information

Mary Whitbreadmwhitbr1@hfhs.org

Baldrige requests:Michelle Turylo

mturylo1@hfhs.org

top related