The Price of “Value”
April 18, 2010
Posted by chcablogadmin in : Cost Reduction, Quality
I read in Atul Gawande’s recent post in The New Yorker that the reform package emerged with a clear recognition that the U.S. system is one that pays for the quantity of care rather than the “value” of it. In fact, the very act of delivering better care for less is currently financially penalized. Make sure you read the reference to challenges of the asthma program at Children’s Hospital Boston.
It made me think about your relationship with CHCA and our shared vision to deliver value – not increased activity. Over the next several months, members of CHCA’s senior leadership team and I will be meeting with many of you in person to share the 2009 Value Summaries. This report is a snapshot of the benefits your hospital received from being an Owner of CHCA in 2009 and a discussion point to drive that value even higher in 2010.
Like the new Center for Medicare and Medicaid Innovation Gawande refers to, your leveraged relationships through CHCA will help you do what the drug and device companies and the public and private insurers have failed to do so — deliver quality care at reasonable costs. That is our real value.
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