Future payment systems in the NHS – Healthcare Financial Management Association (HFMA) – 28 August 2013

Posted on August 30, 2013. Filed under: Health Economics | Tags: , |

Future payment systems in the NHS – Healthcare Financial Management Association (HFMA) – 28 August 2013

Extract

“The Healthcare Financial Management Association (HFMA), in conjunction with The King’s Fund and Monitor, held a one-day workshop for NHS finance leaders in May 2013 to debate a future NHS payment system. The future of the system is critical to support the NHS in transforming services and improving their quality, while at the same time managing within tight financial constraints.

The workshop brought together finance leaders from NHS organisations across the acute, specialist, mental health, community and ambulance sectors, as well commissioners, Monitor and the Department of Health. Participants considered the important design features of a new payment system and how it could be made to work in practice.”

… continues

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The Value Journey: Organizational Road Maps for Value-Driven Health Care – hfma – Healthcare Financial Management Association – November 2012

Posted on December 12, 2012. Filed under: Health Economics | Tags: , |

The Value Journey:    Organizational Road Maps for Value-Driven Health Care – hfma – Healthcare Financial Management Association – November 2012

Extract from the Executive Summary
  
“The value journey’s destination is clear. As healthcare costs have begun to outpace improvements in the quality, a value gap has emerged. Healthcare provider organizations must work to close the value gap by improving quality while reducing the total cost of care to the purchaser.

As part of its Phase 2 Value Project research, HFMA has worked with a group of 35 hospitals and health systems to better understand their road maps to value. These organizations have been divided into five organizational cohorts: academic medical centers, aligned integrated systems, multihospital systems, rural hospitals, and stand-alone hospitals. HFMA’s research has identified common challenges that all healthcare providers will face in the value journey, as well as common capabilities, strategies, and tactics that will help them on their way. It has also identified unique challenges and opportunities that define cohort-specific road maps to value.   …

This report provides a common road map for value, identifying action steps organizations should take to build competencies and skills within the four value-driving capabilities of people and culture, business intelligence, performance improvement, and contract and risk management identified in HFMA’s Phase 1 Value Project research.”  … continues

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