SlideShare a Scribd company logo
1 of 11
ACOs Are Defining the Problem. Should
 Pharma Reposition its Solutions?
Written by Anthony D. Slonim, MD, DrPH, Executive Vice President and Chief
Medical Officer, Barnabas Health. Executive Director, Barnabas Health ACO-
North, West Orange, New Jersey

                                October 1, 2012
                            www.cmrinstitute.org
What are ACOs?
 • Aim to improve the value of healthcare by controlling the
   healthcare costs and improving quality
 • Focus on the total patient
 • Aim to improve coordination of healthcare across an entire
   continuum of providers
 • Accept responsibility for managing the care of a
   population of patients, and for both the clinical and
   financial outcomes of that care
Five Key Elements of the ACO Model
 •   Coordinated care
 •   Patient-Centered care
 •   Evidence-based & outcomes-based care
 •   HIT (Health Information Technology) enabled care
 •   Value-based payment for care
Benefits of Coordinated Care
 • Eliminate waste and inefficiencies (eg, by avoiding duplicated tests)
 • Decrease adverse events (eg, by lessening the likelihood of drug
   interactions from multiple prescribers)
 • Establish accountability (by defining who is responsible for each
   aspect of patient care and increasing each caregiver’s awareness of
   how that impacts all other aspects of care)
 • Facilitate patient transitions from one care-setting to another (eg,
   from hospital to rehabilitation center to home)
Benefits of Patient-Centered Care
 • Improve care coordination
 • Help to more meaningfully define goals and desired
   outcomes, so success can be measured
 • Help increase the chances for successful outcomes— by
   making the patient an active partner in the
   treatment/management process
 • Better respond to more-informed, more discerning
   patient-consumers
Evidence-based & outcomes-based care:
 • Enables coordination of care— by providing a basis for
   consensus as to goals and treatment-paths
 • Enables improvement of care —by providing a basis for
   evaluating current practices and formulating best practices
 • Enables value-based reimbursement of care— by
   providing quality and cost-effectiveness measures
Health Information Technology Enables:
 • Coordination of care
 • Active involvement of the patient
 • Tracking of patient outcomes
 • Adherence to best practices and avoidance of adverse
   event
 • Measurement and analysis of outcomes and costs across a
   patient population
 • Tracking of outcomes and treatment costs
Value-based care:
 • Rewards coordination of care
 • Rewards improvements in quality and cost-effectiveness of
   care
 • Enables a different perspective for assigning value to
   treatment alternatives
For more information or to download the
              white paper:
      Please visit www.cmrinstitute.org

More Related Content

What's hot

Payment Reform: The Cure for Health Spending Growth
Payment Reform: The Cure for Health Spending GrowthPayment Reform: The Cure for Health Spending Growth
Payment Reform: The Cure for Health Spending GrowthDetroit Regional Chamber
 
Things to Know About Patient Experience
Things to Know About Patient ExperienceThings to Know About Patient Experience
Things to Know About Patient ExperienceQuality Reviews Inc
 
Health System Efficiency and Sustainability in Australia, Canada, France, Ger...
Health System Efficiency and Sustainability in Australia, Canada, France, Ger...Health System Efficiency and Sustainability in Australia, Canada, France, Ger...
Health System Efficiency and Sustainability in Australia, Canada, France, Ger...Office of Health Economics
 
Redefining the role of patient support programs: Shifting the focus towards p...
Redefining the role of patient support programs: Shifting the focus towards p...Redefining the role of patient support programs: Shifting the focus towards p...
Redefining the role of patient support programs: Shifting the focus towards p...SKIM
 
Patient Experience and Feedback
Patient Experience and FeedbackPatient Experience and Feedback
Patient Experience and FeedbackGregory Kinch
 
Leveraging Patient Support Programs in Biologic-Biosimilar Competitive Landscape
Leveraging Patient Support Programs in Biologic-Biosimilar Competitive LandscapeLeveraging Patient Support Programs in Biologic-Biosimilar Competitive Landscape
Leveraging Patient Support Programs in Biologic-Biosimilar Competitive LandscapeAlex Xiaoguang Zhu
 
Patient Experience by Kousik Rajendran
Patient Experience by Kousik RajendranPatient Experience by Kousik Rajendran
Patient Experience by Kousik RajendranKousik Rajendran
 
Initial post week 12
Initial post week 12 Initial post week 12
Initial post week 12 rraquedan
 
Outcomes research
Outcomes researchOutcomes research
Outcomes researchTony Ngo
 
Decisive Health
Decisive HealthDecisive Health
Decisive Healthncgauthi
 
Week 12 presentation
Week 12 presentationWeek 12 presentation
Week 12 presentationNicknat07
 
case management job description
case management job descriptioncase management job description
case management job descriptionLesa Mathews
 

What's hot (20)

Week 12 assignment
Week 12 assignmentWeek 12 assignment
Week 12 assignment
 
Coordinated Care
Coordinated CareCoordinated Care
Coordinated Care
 
Payment Reform: The Cure for Health Spending Growth
Payment Reform: The Cure for Health Spending GrowthPayment Reform: The Cure for Health Spending Growth
Payment Reform: The Cure for Health Spending Growth
 
Things to Know About Patient Experience
Things to Know About Patient ExperienceThings to Know About Patient Experience
Things to Know About Patient Experience
 
Health System Efficiency and Sustainability in Australia, Canada, France, Ger...
Health System Efficiency and Sustainability in Australia, Canada, France, Ger...Health System Efficiency and Sustainability in Australia, Canada, France, Ger...
Health System Efficiency and Sustainability in Australia, Canada, France, Ger...
 
Redefining the role of patient support programs: Shifting the focus towards p...
Redefining the role of patient support programs: Shifting the focus towards p...Redefining the role of patient support programs: Shifting the focus towards p...
Redefining the role of patient support programs: Shifting the focus towards p...
 
Patient Experience and Feedback
Patient Experience and FeedbackPatient Experience and Feedback
Patient Experience and Feedback
 
Leveraging Patient Support Programs in Biologic-Biosimilar Competitive Landscape
Leveraging Patient Support Programs in Biologic-Biosimilar Competitive LandscapeLeveraging Patient Support Programs in Biologic-Biosimilar Competitive Landscape
Leveraging Patient Support Programs in Biologic-Biosimilar Competitive Landscape
 
Patient Experience by Kousik Rajendran
Patient Experience by Kousik RajendranPatient Experience by Kousik Rajendran
Patient Experience by Kousik Rajendran
 
Initial post week 12
Initial post week 12 Initial post week 12
Initial post week 12
 
Medical efficiency
Medical efficiencyMedical efficiency
Medical efficiency
 
Decisive Health Slides
Decisive Health SlidesDecisive Health Slides
Decisive Health Slides
 
**Sloan - Promoting Evidence-based Healthcare in Accountable Care Organizations
**Sloan - Promoting Evidence-based Healthcare in Accountable Care Organizations**Sloan - Promoting Evidence-based Healthcare in Accountable Care Organizations
**Sloan - Promoting Evidence-based Healthcare in Accountable Care Organizations
 
Outcomes research
Outcomes researchOutcomes research
Outcomes research
 
Decisive Health
Decisive HealthDecisive Health
Decisive Health
 
Week 12 presentation
Week 12 presentationWeek 12 presentation
Week 12 presentation
 
Clinical practice guidelines
Clinical practice guidelinesClinical practice guidelines
Clinical practice guidelines
 
case management job description
case management job descriptioncase management job description
case management job description
 
Minimally disruptive care
Minimally disruptive careMinimally disruptive care
Minimally disruptive care
 
WakeMed_PH_Poster
WakeMed_PH_PosterWakeMed_PH_Poster
WakeMed_PH_Poster
 

Viewers also liked

Viewers also liked (6)

Alvarado gallegos hugo daniel
Alvarado gallegos hugo danielAlvarado gallegos hugo daniel
Alvarado gallegos hugo daniel
 
Presentatie
PresentatiePresentatie
Presentatie
 
Android
AndroidAndroid
Android
 
Gebeurtenis
GebeurtenisGebeurtenis
Gebeurtenis
 
EcoStart-konsultointipalvelu
EcoStart-konsultointipalveluEcoStart-konsultointipalvelu
EcoStart-konsultointipalvelu
 
EcoStart yritysesimerkit
EcoStart yritysesimerkitEcoStart yritysesimerkit
EcoStart yritysesimerkit
 

Similar to ACO Presentation

Methods for Fostering the Widespread Implementation of Shared Decision Making
Methods for Fostering the Widespread Implementation of Shared Decision MakingMethods for Fostering the Widespread Implementation of Shared Decision Making
Methods for Fostering the Widespread Implementation of Shared Decision MakingInformed Medical Decisions Foundation
 
Anne Bracken Univ of South AL - aco rural health
Anne Bracken   Univ of South AL - aco rural healthAnne Bracken   Univ of South AL - aco rural health
Anne Bracken Univ of South AL - aco rural healthSamantha Haas
 
Main Value-Based Care Metrics for Healthcare Practices
Main Value-Based Care Metrics for Healthcare PracticesMain Value-Based Care Metrics for Healthcare Practices
Main Value-Based Care Metrics for Healthcare PracticesPracticeBuilders2
 
Using Clinical Outcome Data to Improve Patient Care
Using Clinical Outcome Data to Improve Patient CareUsing Clinical Outcome Data to Improve Patient Care
Using Clinical Outcome Data to Improve Patient CareBureau of Health Information
 
Clinical Transformation: Fundamentally Changing Clinical Processes to Achieve...
Clinical Transformation: Fundamentally Changing Clinical Processes to Achieve...Clinical Transformation: Fundamentally Changing Clinical Processes to Achieve...
Clinical Transformation: Fundamentally Changing Clinical Processes to Achieve...Huron Consulting Group
 
How to Define Effective and Efficient Real World Trials
How to Define Effective and Efficient Real World TrialsHow to Define Effective and Efficient Real World Trials
How to Define Effective and Efficient Real World TrialsTodd Berner MD
 
How to design effective and efficient real world trials TB Evidence 2014 10.2...
How to design effective and efficient real world trials TB Evidence 2014 10.2...How to design effective and efficient real world trials TB Evidence 2014 10.2...
How to design effective and efficient real world trials TB Evidence 2014 10.2...Todd Berner MD
 
Innovation in Care Delivery: The Patient Journey
Innovation in Care Delivery: The Patient JourneyInnovation in Care Delivery: The Patient Journey
Innovation in Care Delivery: The Patient JourneyJane Chiang
 
Michigan Hospital Association Governance meeting
Michigan Hospital Association Governance meetingMichigan Hospital Association Governance meeting
Michigan Hospital Association Governance meetingMary Beth Bolton
 
Working with Regulators: A Focus on CMS | June 24, 2014 | All Slides
Working with Regulators: A Focus on CMS | June 24, 2014 | All SlidesWorking with Regulators: A Focus on CMS | June 24, 2014 | All Slides
Working with Regulators: A Focus on CMS | June 24, 2014 | All SlidesCancerSupportComm
 
5s-CQI-TQM For Hospital Quality Improvement
5s-CQI-TQM For Hospital Quality Improvement5s-CQI-TQM For Hospital Quality Improvement
5s-CQI-TQM For Hospital Quality ImprovementZulfiquer Ahmed Amin
 
Research Priorities for Differentiated Care
Research Priorities for Differentiated CareResearch Priorities for Differentiated Care
Research Priorities for Differentiated CareHopkinsCFAR
 
Value-based Healthcare Systems
Value-based Healthcare SystemsValue-based Healthcare Systems
Value-based Healthcare SystemsImad Hassan
 
Federal healthcare slides
Federal healthcare slidesFederal healthcare slides
Federal healthcare slidesLayton Lang
 
SAFTINet Overview for EDRC
SAFTINet Overview for EDRCSAFTINet Overview for EDRC
SAFTINet Overview for EDRCMarion Sills
 
North highland himss_hardwiringclinicalfinancialperformance_041315
North highland himss_hardwiringclinicalfinancialperformance_041315North highland himss_hardwiringclinicalfinancialperformance_041315
North highland himss_hardwiringclinicalfinancialperformance_041315North Highland
 
Συστήματα αποζημίωσης ιατρών της ΠΦΥ. Ποια είναι η βέλτιστη επιλογή;
Συστήματα αποζημίωσης ιατρών της ΠΦΥ. Ποια είναι η βέλτιστη επιλογή;Συστήματα αποζημίωσης ιατρών της ΠΦΥ. Ποια είναι η βέλτιστη επιλογή;
Συστήματα αποζημίωσης ιατρών της ΠΦΥ. Ποια είναι η βέλτιστη επιλογή;Evangelos Fragkoulis
 
UK Presentation September 2014 pdf
UK Presentation September 2014  pdfUK Presentation September 2014  pdf
UK Presentation September 2014 pdfCraig Tanio
 

Similar to ACO Presentation (20)

Methods for Fostering the Widespread Implementation of Shared Decision Making
Methods for Fostering the Widespread Implementation of Shared Decision MakingMethods for Fostering the Widespread Implementation of Shared Decision Making
Methods for Fostering the Widespread Implementation of Shared Decision Making
 
Anne Bracken Univ of South AL - aco rural health
Anne Bracken   Univ of South AL - aco rural healthAnne Bracken   Univ of South AL - aco rural health
Anne Bracken Univ of South AL - aco rural health
 
Main Value-Based Care Metrics for Healthcare Practices
Main Value-Based Care Metrics for Healthcare PracticesMain Value-Based Care Metrics for Healthcare Practices
Main Value-Based Care Metrics for Healthcare Practices
 
Using Clinical Outcome Data to Improve Patient Care
Using Clinical Outcome Data to Improve Patient CareUsing Clinical Outcome Data to Improve Patient Care
Using Clinical Outcome Data to Improve Patient Care
 
Clinical Transformation: Fundamentally Changing Clinical Processes to Achieve...
Clinical Transformation: Fundamentally Changing Clinical Processes to Achieve...Clinical Transformation: Fundamentally Changing Clinical Processes to Achieve...
Clinical Transformation: Fundamentally Changing Clinical Processes to Achieve...
 
How to Define Effective and Efficient Real World Trials
How to Define Effective and Efficient Real World TrialsHow to Define Effective and Efficient Real World Trials
How to Define Effective and Efficient Real World Trials
 
How to design effective and efficient real world trials TB Evidence 2014 10.2...
How to design effective and efficient real world trials TB Evidence 2014 10.2...How to design effective and efficient real world trials TB Evidence 2014 10.2...
How to design effective and efficient real world trials TB Evidence 2014 10.2...
 
Innovation in Care Delivery: The Patient Journey
Innovation in Care Delivery: The Patient JourneyInnovation in Care Delivery: The Patient Journey
Innovation in Care Delivery: The Patient Journey
 
Michigan Hospital Association Governance meeting
Michigan Hospital Association Governance meetingMichigan Hospital Association Governance meeting
Michigan Hospital Association Governance meeting
 
Working with Regulators: A Focus on CMS | June 24, 2014 | All Slides
Working with Regulators: A Focus on CMS | June 24, 2014 | All SlidesWorking with Regulators: A Focus on CMS | June 24, 2014 | All Slides
Working with Regulators: A Focus on CMS | June 24, 2014 | All Slides
 
5s-CQI-TQM For Hospital Quality Improvement
5s-CQI-TQM For Hospital Quality Improvement5s-CQI-TQM For Hospital Quality Improvement
5s-CQI-TQM For Hospital Quality Improvement
 
Value based care.
Value based care.Value based care.
Value based care.
 
Research Priorities for Differentiated Care
Research Priorities for Differentiated CareResearch Priorities for Differentiated Care
Research Priorities for Differentiated Care
 
Value-based Healthcare Systems
Value-based Healthcare SystemsValue-based Healthcare Systems
Value-based Healthcare Systems
 
Federal healthcare slides
Federal healthcare slidesFederal healthcare slides
Federal healthcare slides
 
SAFTINet Overview for EDRC
SAFTINet Overview for EDRCSAFTINet Overview for EDRC
SAFTINet Overview for EDRC
 
Robert _highly_organized_primary_care_2
Robert  _highly_organized_primary_care_2Robert  _highly_organized_primary_care_2
Robert _highly_organized_primary_care_2
 
North highland himss_hardwiringclinicalfinancialperformance_041315
North highland himss_hardwiringclinicalfinancialperformance_041315North highland himss_hardwiringclinicalfinancialperformance_041315
North highland himss_hardwiringclinicalfinancialperformance_041315
 
Συστήματα αποζημίωσης ιατρών της ΠΦΥ. Ποια είναι η βέλτιστη επιλογή;
Συστήματα αποζημίωσης ιατρών της ΠΦΥ. Ποια είναι η βέλτιστη επιλογή;Συστήματα αποζημίωσης ιατρών της ΠΦΥ. Ποια είναι η βέλτιστη επιλογή;
Συστήματα αποζημίωσης ιατρών της ΠΦΥ. Ποια είναι η βέλτιστη επιλογή;
 
UK Presentation September 2014 pdf
UK Presentation September 2014  pdfUK Presentation September 2014  pdf
UK Presentation September 2014 pdf
 

ACO Presentation

  • 1. ACOs Are Defining the Problem. Should Pharma Reposition its Solutions? Written by Anthony D. Slonim, MD, DrPH, Executive Vice President and Chief Medical Officer, Barnabas Health. Executive Director, Barnabas Health ACO- North, West Orange, New Jersey October 1, 2012 www.cmrinstitute.org
  • 2. What are ACOs? • Aim to improve the value of healthcare by controlling the healthcare costs and improving quality • Focus on the total patient • Aim to improve coordination of healthcare across an entire continuum of providers • Accept responsibility for managing the care of a population of patients, and for both the clinical and financial outcomes of that care
  • 3.
  • 4.
  • 5. Five Key Elements of the ACO Model • Coordinated care • Patient-Centered care • Evidence-based & outcomes-based care • HIT (Health Information Technology) enabled care • Value-based payment for care
  • 6. Benefits of Coordinated Care • Eliminate waste and inefficiencies (eg, by avoiding duplicated tests) • Decrease adverse events (eg, by lessening the likelihood of drug interactions from multiple prescribers) • Establish accountability (by defining who is responsible for each aspect of patient care and increasing each caregiver’s awareness of how that impacts all other aspects of care) • Facilitate patient transitions from one care-setting to another (eg, from hospital to rehabilitation center to home)
  • 7. Benefits of Patient-Centered Care • Improve care coordination • Help to more meaningfully define goals and desired outcomes, so success can be measured • Help increase the chances for successful outcomes— by making the patient an active partner in the treatment/management process • Better respond to more-informed, more discerning patient-consumers
  • 8. Evidence-based & outcomes-based care: • Enables coordination of care— by providing a basis for consensus as to goals and treatment-paths • Enables improvement of care —by providing a basis for evaluating current practices and formulating best practices • Enables value-based reimbursement of care— by providing quality and cost-effectiveness measures
  • 9. Health Information Technology Enables: • Coordination of care • Active involvement of the patient • Tracking of patient outcomes • Adherence to best practices and avoidance of adverse event • Measurement and analysis of outcomes and costs across a patient population • Tracking of outcomes and treatment costs
  • 10. Value-based care: • Rewards coordination of care • Rewards improvements in quality and cost-effectiveness of care • Enables a different perspective for assigning value to treatment alternatives
  • 11. For more information or to download the white paper: Please visit www.cmrinstitute.org

Editor's Notes

  1. Not-for-profit – CMR Institute’s status is unique -- similar to universities and other institutions of higher learning. We are an independent, not-for-profit organization and proceeds from all educational programs are re-invested into maintaining and updating our expert educational content.   Physician origin/foundation – CMR Institute was founded by physicians who wanted to “raise the bar” for representatives. Their vision was for all representatives to be a resource with improved therapeutic knowledge through scientific education; superior communication skills to facilitate effective clinician interactions; and enhanced business expertise to truly understand of issues and challenges that physician’s face in providing patient care. Our mission has always been and remains to advance knowledge to enhance healthcare.