Lessons Learned: Best Practices for Designing Accountable Care Financial Systems

Date and Time
Sunday, June 24th, 2012  8:00 – 11:30 a.m.

(PCW4) Lessons Learned: Best Practices for Designing Accountable Care Financial Systems (3.5 CPEs)

Based on effective strategies and lessons learned by a large health system in creating an accountable care organization (ACO), this session offers a ‘how-to’ primer on developing critical financial systems and integrating them effectively with clinical programs and technology initiatives. This presentation will cover financial performance indicators, clinical quality measures, clinical integration strategies, and key technology resources.

Topic Area
Financial Management: CFO Strategies

After this session, you will be able to:

  • Establish clinical and financial measures for organizational accountability
  • Plan clinically integrated programs that reduce costs and improve outcomes for specific populations
  • Combine clinical outcomes measures with claims data to track the cost of care
  • Negotiate accountable care contracts using a risk-based, value purchasing or performance-based model


Level
Advanced

Prerequisites/Prework
Familiarity with current and proposed reimbursement models, basic health IT systems, basic concepts of evidence-based medicine and population health; general knowledge of accountable care, clinical integration, and risk-based managed care contracting

Tools and Takeaways
Sample medical practice metric reports to track and manage accountable care initiatives, examples of clinical integration program initiatives, goals, and performance measures for multiple stakeholders

Speaker
Daniel Marino
President/CEO
Health Directions, LLC