EMERYVILLE, Calif.--(BUSINESS WIRE)--How hospitals can make the challenging shift from fee-for-service payment (FFS) models to be successful in a value-based care (VBC) system was one of the key questions addressed at CEP America’s 40th Annual Partnership Meeting this past September.
Held in Los Angeles, the three-day meeting was attended by more than 1,000 of the nation’s leading hospital and health system CEOs, administrators, physicians, nurses and other industry thought leaders. Speakers presented innovative strategies for managing increasing complexities in care and payment systems and insights into improving care as the healthcare industry nationwide faces its largest reform in modern history. Topics addressed included: improving operational efficiencies to provide value; integration of patient care across the acute care continuum; how to achieve medicine without walls; and creating a true team approach to patient care.
“We are positioning our physicians and advanced care practitioners to be leaders in helping our clients build the value-based hospitals of the future,” said Wesley Curry, MD, Chief Executive Officer/President, CEP America, speaking at the Partnership Meeting. “Each is focused on realizing the triple aim as their strategy and patient care model for the communities they serve. While fee-for-service using alternative payment models will remain for some time, the transition to value-based care is changing the ways in which patient care is going to be delivered in the future. To remain viable and relevant as healthcare reform unfolds, hospitals need to partner with physicians and nurses in new ways to improve outcomes and the patient experience, while at the same time achieving performance metrics greater than the standards today.
“In our hospital partnerships across the U.S., we consistently find that hospitals that focus on integration and close collaboration at every level of the care continuum - from medical offices to clinics to emergency departments and inpatient care - and that also emphasize physician leadership through every phase of care, are able to better achieve their organizational goals.”
At the meeting, CEP America showcased best practices from over 100 unique hospitals and acknowledged partner hospitals with outstanding achievements in providing faster emergency care, reducing readmissions, improving Case Mix Index (CMI), and increasing patient satisfaction.
“We congratulate these organizations on their success and commitment to providing the best care possible to their communities and patients,” noted Curry. “They are representative of the results that CEP America’s physician leaders are achieving by working hand-in-hand with hospitals across the U.S. to achieve better care, ensure healthy populations and manage for long-term success in today’s challenging environment.”
The award-winning practices include:
-
Practice of the Year - Adventist
Health Central Valley Network, CA. Nine integrated
practice locations across four practice lines: Emergency
Department/Hospital Medicine/Skilled Nursing Facility/Ambulatory &
Urgent Care.
- For the first time, the Practice of the Year award is received by a network of integrated multispecialty practices. This network of physicians manages patients with acute care conditions who are hospitalized - including those needing skilled nursing care - and post discharge follow up, all coordinated by a local CEP America physician in the role of Transitions of Care Director. The network has significantly decreased average length of stay (9% at one hospital alone) and achieved the highest Case Mix Index (measure of the relative cost or resources needed to treat the mix of patients) in history.
-
Distinguished Practice - Memorial
Hospital, Belleville, IL. Emergency
Department/Hospital Medicine.
- Among their many accomplishments, Memorial Hospital improved discharges before 11 a.m. by 70%; decreased readmission rates by 6%; reduced turnaround time to admission by 10%.
-
Distinguished Practice – Northwest
Community Hospital, Arlington Heights, IL. Emergency
Department.
- Northwest Community Hospital reduced already low 1.89% left-without-being-seen rate to 0.59%; reduced turnaround time to discharge by 27%.
-
Distinguished Practice – Palomar
Health/Pomerado Hospital, San Diego Metro Area, CA. Emergency
Department/Hospital Medicine /Skilled Nursing Facility.
- Palomar created a Patient Flow initiative, including a Centralized Patient Placement Center and Dashboard to manage the flow of patients across multiple sites and practice lines while reducing turnaround time to discharge by 50%.
-
Distinguished Practice – Rideout
Memorial Hospital, Marysville, CA. Emergency Department.
- Among CEP America partner sites, Rideout Memorial Hospital achieved the highest level of reductions in turnaround time to discharge; reduced time to provider from 18 minutes to five minutes; increased patient satisfaction by 5%.
Ted Kloth, MD, former Chief Business Officer for CEP America was presented with the Wacholder Award in recognition of his exceptional leadership and service to the partnership.
About CEP America
Celebrating its 40th anniversary this year, since its founding in 1975 CEP America has expanded to offer a wide range of clinical, staffing and administrative expertise designed to increase clinical quality and service excellence across the acute care continuum. Over the last forty years, CEP America has grown to include over 2,600 providers treating 5.2 million patients a year at over 140 unique practice locations specializing in urgent, emergency, inpatient, perioperative, and post-acute care. Visit www.cepamerica.com.
Follow CEP America on Twitter at twitter.com/CEP_America. Join the discussion using hashtag #onecarejourney.
