Action For Better Healthcare

A healthcare improvement blog from Premier Inc.

  • UDI Implementation: Are You Ready?

    UDI Implementation: Are You Ready?

    Not too familiar with the unique device identification (UDI) system? It may be time to get up close and personal. The Food and Drug Administration (FDA) established the UDI system to identify and...

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  • What You Can Do Now to Prepare for BPCI Advanced: Smart Episode Selection

    What You Can Do Now to Prepare for BPCI Advanced: Smart Episode Selection

    One thing the Centers for Medicare & Medicaid Services (CMS) is good at is making us wait. For providers participating in the CMS Innovation Center’s Medicare Bundled Payment for Care Improvement...

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  • Building Blocks of Success for Two-Sided Risk Models– Part 2: Value-Based Contracting

    Building Blocks of Success for Two-Sided Risk Models– Part 2: Value-Based Contracting

    How to Identify Revenue and Margin Targets In an on-going blog series on building two-sided risk models, Premier experts are providing insight on how to ready your health system for a successful...

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  • Integrating Quality Improvement Collaboration and Research

    Integrating Quality Improvement Collaboration and Research

    As a result of the rapidly changing healthcare environment, coupled with the need to address escalating costs and improvements in health outcomes, healthcare leaders are increasingly seeking...

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  • Building Blocks of Success for Two-Sided Risk Models– Part 1: Aligned Strategy, Leadership and Infrastructure

    Building Blocks of Success for Two-Sided Risk Models– Part 1: Aligned Strategy, Leadership and Infrastructure

    The timeline to value-based payment is an uncertain and daunting one, particularly when you assume financial risk. None-the-less, we know value-based payment is coming and there are critical steps...

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  • Finding Value in New Perioperative Surgical Care and Payment Models

    Finding Value in New Perioperative Surgical Care and Payment Models

    Perioperative care is highly fragmented and overly expensive, accounting for an estimated 52% of hospital admission costs in the U.S. But that’s changing. With the rise of value-based payment...

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  • Time is of the Essence: Why Providers Should Apply Now for BPCI Advanced

    Time is of the Essence: Why Providers Should Apply Now for BPCI Advanced

    On January 9, the Centers for Medicare and Medicaid Services (CMS) Innovation Center announced a new, voluntary bundled payment model called Bundled Payments for Care Improvement Advanced (BPCI...

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  • Pennies in the Couch: How Health Systems Can Maximize Savings through Standardizing Purchased Services

    Pennies in the Couch: How Health Systems Can Maximize Savings through Standardizing Purchased Services

    Have you ever experienced the joy when finding a lost dollar after doing a load of laundry, or spotting loose change within the couch cushions? While it may not be much to start, these buried...

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  • ACOs and Bundled Payments: Three Things You Should Be Doing Now

    ACOs and Bundled Payments: Three Things You Should Be Doing Now

    The Centers for Medicare & Medicaid Services (CMS) recently made three significant announcements, signaling a strong commitment to continuing value-based care delivery initiatives. First, we...

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  • Are You Using Too Much Blood? Curbing Unnecessary Blood Transfusions

    Are You Using Too Much Blood? Curbing Unnecessary Blood Transfusions

    Picture this: Your father goes in for a routine hip replacement surgery. Before he even enters the operating room, medical staff consult him on how to prepare. They discuss getting a physical,...

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  • Ready, Risk, Reward: Building Successful Two-Sided Risk Models

    Ready, Risk, Reward: Building Successful Two-Sided Risk Models

    The migration toward a value-based payment system—and away from payment for services rendered—continues to evolve, and it is clear that a complete reorientation across the healthcare industry is...

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  • Healthcare Valuations: Two Ships Passing in the Night

    Healthcare Valuations: Two Ships Passing in the Night

    Throughout my 40 years in healthcare, I have witnessed numerous acquisition transactions and valuations. One major and consistent challenge with these transactions is that neither party seems to...

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  • Harmonizing Healthcare

    Harmonizing Healthcare

    Each player in the healthcare industry is like a musician. On their own, each can perform a lovely solo. But much like musicians, when we work together in unison and strive for excellence with...

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  • What Can We Do About the Rise of Maternal Deaths in the U.S.?

    What Can We Do About the Rise of Maternal Deaths in the U.S.?

    How is it that in the U.S., a country where we spend billions of dollars on healthcare using some of the most advanced medical treatments available, we have one of the worst maternal mortality...

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  • Bundled Payment Models Take the Limelight in Value-Based Care

    Bundled Payment Models Take the Limelight in Value-Based Care

    Bundled payment models, part of the movement away from fee-for-service and toward value-based payment, are generating positive results with industry leaders going on record to support their...

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  • Up for the Challenge: The Case to Spread and Scale Biosimilars Across the U.S.

    Up for the Challenge: The Case to Spread and Scale Biosimilars Across the U.S.

    Across the board, drug costs have risen to the highest level in a decade, with specialty drugs for inflammatory conditions being the most expensive drug class in 2016. Despite over 15 medication...

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  • Bringing Clinicians and Health Systems Together to Transform Cardiovascular Care

    Bringing Clinicians and Health Systems Together to Transform Cardiovascular Care

    Healthcare is in flux. Hospitals, health systems and clinical practices are rethinking care delivery amidst the push toward value-based care. Patient expectations for healthcare are evolving. And...

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  • What is the Future of Value Analysis? Hint: Not New Product Approvals

    What is the Future of Value Analysis? Hint: Not New Product Approvals

    As we make the shift from fee-for-service to value-based payment, providers have an increasing need for expertise, benchmarking and support to reduce acquisition costs, assess the overall...

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  • Shelter From the Storm

    Shelter From the Storm

    In just the last few weeks, two disastrous hurricanes have wrecked parts of the Southern United States, leading to dozens of casualties and billions in damages. As these communities work to get...

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  • The Sepsis Crisis and What it Takes to Survive

    The Sepsis Crisis and What it Takes to Survive

    Imagine losing your home, your job, parts of your body or even your life due to an illness that could have been prevented. In too many cases, that’s the result of sepsis. Not only does sepsis kill...

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