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Blue Innovations: What’s Working?. Alliance for Health Reform June 12, 2012 Scott P. Serota , President & CEO. Strategies to Bend the Cost Curve. Payment Incentives. Engaging Patients. Partnering with Clinicians. Changing Payment Incentives. Prevented 42 wrong-site surgeries
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Blue Innovations:What’s Working? Alliance for Health ReformJune 12, 2012 Scott P. Serota,President & CEO
Strategies to Bend the Cost Curve Payment Incentives Engaging Patients Partnering with Clinicians
Changing Payment Incentives • Prevented 42 wrong-site surgeries • hospital-acquired infections • Saved up to $57M fromCentral-line infections MRSA cases
Changing Payment Incentives • 6% readmissions • 17% inpatient admissions • $26M radiology savings
Partnering with Clinicians • 15% readmissions • 50% inpatient stays > 20 days • $15.5M annual savings
Engaging Patients • 32% bypass readmissions • 21% angioplasty readmissions • $2,200-$2,500 cost savings per procedure