Washington, D.C., Jan. 24, 2018 (GLOBE NEWSWIRE) -- The Third Annual National Payment Innovation Summit, designed for clinical and financial executives from physician practices, health plans, and healthcare systems, will be held on February 21-23, 2018, in Denver, Colorado. This case-study-based conference, a joint partnership between the Healthcare Financial Management Association and the Altarum Center for Value in Health Care, focuses on improving quality and reducing the cost of care for high-need, high-cost patients.
“In healthcare circles, it’s well known that 5 percent of patients account for about 50 percent of healthcare spending in this country,” said HFMA President and CEO Joseph J. Fifer, FHFMA, CPA. “This conference brings together people from different sectors of health care who have had success addressing the needs of these patients or developing strategies to improve their health outcomes. This is one of the key challenges facing our nation’s healthcare system today.”
Opening general session speaker Karen DeSalvo, M.D., M.P.H., M.Sc., Former Assistant Secretary for Health, U.S. Department of Health and Human Services, will set the stage by sharing insights and leading an interactive discussion on the current state of the movement toward value-based care.
The case studies that anchor the conference will provide real-world examples of organizations that have successfully implemented a population health approach to primary care, navigated the population health corridor, and managed quality and financial risk at the enterprise level.
“Our field work in designing and implementing innovative payment models has consistently shown that physicians, hospitals, and health systems will improve their processes of care and positively impact outcomes for high-need patients when models have the right features,” said Francois de Brantes, M.B.A., M.S., vice president and director of the Altarum Center for Value in Health Care. “This conference is the only place where these groups can learn from others with on-the-ground experience in implementing these models.”
Other general session speakers include Katherine Trease, Vice President, Humana, and Mike Funk, President, Provider Development, Humana, on “Value-Based Models, Results, and Innovation;” Don Calcagno, President, Advocate Physician Partners, on “Organizing Care Delivery Models for High-Need Patients;” and Jay Want, M.D., Executive Director, Peterson Center on Healthcare, speaking on “The Components of Spread and Scale in the Face of Complexity.”
One of the two conference workshop options features health plan executives discussing their successes with value-based payment and highlighting how such programs are helping them improve collaboration and engagement with their provider partners. The second workshop option focuses on helping participants in bundled payment models avoid common mistakes and pain points associated with these models.
A discount registration offer expires on January 29. For more information or to register for this two-and-a-half-day conference, visit hfma.org/paymentsummit
About HFMA
With more than 38,000 members, the Healthcare Financial Management Association (HFMA) is the nation's premier membership organization for healthcare finance leaders. HFMA builds and supports coalitions with other healthcare associations and industry groups to achieve consensus on solutions for the challenges the U.S. healthcare system faces today. Working with a broad cross-section of stakeholders, HFMA identifies gaps throughout the healthcare delivery system and bridges them through the establishment and sharing of knowledge and best practices. The Association helps healthcare stakeholders achieve optimal results by creating and providing education, analysis, and practical tools and solutions. Its mission is to lead the financial management of health care.
About Altarum Center for Value in Health Care
The mission of the Altarum Center for Value in Health Care is to create a high value, sustainable, and equitable health care system through payment and health benefits innovation, behavioral incentives to promote health, and consumer engagement; and to advocate for broad system change and conduct research on effective ways to bring about that change.
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