Creating Shared Value
Creating Shared Value in the Continuum of Care
“The New Global Health is filled with many challenges, and healthcare providers are attempting to discover new ways to provide efficient, quality care.” ~ Johonniuss Chemweno, CEO
Healthcare providers, hospitals, pharmaceutical companies, medical device companies, ancillary providers, home health providers, and most importantly the payors are pivotal to tackling the challenges of today and tomorrow to create clinical and economic value.
As healthcare cost continue to increase for the patient and both employers and tax-payers, where should we turn?
Increasingly, providers and hospitals have attempted new ways to reduce complications and readmissions in order to reduce expenses to the insurance carrier or third-party payor.
Finding a hybrid approach to preventative and curative methods is the key to optimal, cost-effective, and quality patient-care.
The Continuum of Care in a Shared Value Environment
“Businesses and non-profit entities need to perform due diligence by creating a patient-centric model to increase patient-outcomes and incorporate preventative models simultaneously. Re-defining the integrative approach to reducing costs by a reduction of post-acute complications, which lead can lead to readmissions, is pivotal in The New Health.” ~ Johonniuss Chemweno, “Creating Shared Value in the Continuum of Care”
In the 1970’s, the Center for Medicare and Medicaid Services defined our healthcare system as a curative model and dismissed in total a preventative health model. Today, the curative dominates the United States healthcare system. Throughout those fifty years, costs have increased substantially to cure medical conditions in an aging population.
Fortunately, promising signs are inherent and technology is here to take advantage of. Providers and hospitals are prioritizing the current healthcare landscape and market conditions by utilizing post-acute care providers. They work to provide greater oversight within their patient-care by enhancing service lines and reducing readmissions.
We have seen a shift of clinicians providing a clear communication channel and transparency with their hospital partners. This shift also incorporates a clear message: patient satisfaction is a clear indicator of increased clinical outcomes and patient retention.
The time is now for clinicians to implement specific partnerships and implement new ways for healthcare delivery, and incorporate a shared value in the continuum of care.