|By PR Newswire||
|April 2, 2014 11:31 AM EDT||
WASHINGTON, April 2, 2014 /PRNewswire-USNewswire/ -- Speaking to a group of more than 600 health care providers, executives, and policy experts at the Care Innovation Summit on February 27, United States Secretary of Health and Human Services Kathleen Sebelius highlighted significant progress in moving toward a 21st century health care system while acknowledging that there is much more to be done. Archived video of Sebelius's presentation and other key sessions from the Summit are newly available at http://www.advisory.com/care-innovation-summit-2014/recording.
"We have moved an entire health system into a technological age," she noted, referring to the fact that over 50% of U.S. hospitals have adopted electronic health records systems. Lamenting the fact that for many patients seeking care in a doctor's office over the past four decades, "the only difference is the dates on the magazines in the waiting room," she also stressed that recent HHS initiatives have shown that "when you remove the barriers to innovation, you can actually hold down costs while lifting entrepreneurs up and getting better health results."
Further emphasizing the need for continued innovation and transformation in health care delivery, Patrick Conway, MD, Director of the Center for Medicare and Medicaid Innovation, presented attendees with a stark choice between innovating to deliver better value or be forced to endure painful financial choices, noting that, "we need to improve or make cuts that are not helpful." Dr. Conway highlighted the success of several innovative Medicare initiatives, such as a program to reduce hospital readmissions that helped decrease Medicare readmission rates from 20% in January 2012 to 17.5% in January 2013. While that translates to more than 130,000 avoided readmissions, Dr. Conway acknowledged the need to do more: "We are on the right path but need to increase the pace."
The importance of capital market signals and provider expectations was another theme at the Summit. Peter Orszag, Vice Chairman of Corporate and Investment Banking at Citigroup, observed that health care spending is slowing because, "the provider space in particular is looking out and projecting a significant change in how they are paid [with] half of facility revenue projected to be value-based in some fashion in the next three to five years and trying to get ahead of that." Mr. Orszag warned that if that shift does not happen as people anticipate, the success in slowing health care costs may not be sustained.
Improving Population Health through Data and Analytics
Other presenters noted the essential role of technology and innovative thinking in improving quality while reducing costs in health care. Jeffrey Brenner, MD, Director of the Camden Coalition of Healthcare Providers, remarked on the health industry's historically data-poor mindset, stating "Proctor and Gamble would not do it like this. Capitalism does not fly blind, only health care flies blind like this." He further described his group's efforts to develop a care model that fundamentally transformed traditional approaches to care, utilizing data to identify "super-utilizers" of care in the community and using personal relationship building and patient-centered interventions to prevent unnecessary hospital admissions.
Will Shrank, MD, Chief Medical Officer for Provider Innovation and Analytics with CVS Caremark, described CVS's efforts to utilize prescription data for its customers to better understand medication adherence and proactively address future gaps in care: "We think a lot about how to predict non-adherence, how to predict adverse outcomes so we can target the right kinds of interventions to the right people." In addition, Stephan Fihn, MD, Director of the Department of Veterans Affairs' Office of Analytics and Business Intelligence, described efforts to link clinical, operational, financial, and patient data for veterans at a national level. Dr. Fihn stated their vision is to "deliver the right information, to the right person, at the right time and I think that is really what is meant by actionable data."
Increasing Care Coordination
Many of the experts participating stressed the importance of coordination of efforts in both the private and public sectors as new care approaches are adopted. Chet Burrell, CEO of CareFirst BlueCross BlueShield, discussed examples of how a commercial insurance plan can drive payment and delivery changes that benefit all patients, citing his company's success in establishing patient-centered medical homes in partnership with the providers serving beneficiaries in CareFirst plans. In contrast, Dr. Conway referenced Bellin-Thedacare Healthcare Partners's ACO, a high-performing ACO that produced savings for Medicare but ultimately lost money because other payers were not willing to align payment models. Expressing dismay about Bellin's experience, Dr. Conway said, "We need to align incentives so that ... this becomes financially sustainable because we've aligned the private payer, the Medicaid and the Medicare market."
Focusing on the increasing role of health care consumers, Dena Bravata, MD, CMO and Head of Products at Castlight Health, emphasized the importance of giving consumers actionable data, commenting that consumers want the minimum necessary information, presented in a clear, precise way. Sarah Patterson, Executive Vice President and Chief Operating Officer of Virginia Mason Medical Center, described the health system's collaboration with employers to improve care quality and access while reducing overall costs of care. The system has implemented value-based benefit design and wellness programs to improve employee health, recognizing that improved employee health leads to lower health benefit costs and improved workforce productivity.
During a discussion of potential new areas of health care innovation, former Senators Tom Daschle and Bill Frist, MD, offered insights into future issues to be addressed and expressed optimism that the political difficulties surrounding the health care debate could be overcome by continued investment in new approaches to care. Dr. Frist noted that the broader market is providing IT innovations with the potential to transform health care, mentioning that health care stakeholders are "taking advantage of cloud computing, parallel super computing, personal devices and reaching outside and pulling into the field of health care to have disruptive technology." Senator Daschle added that innovations like telehealth and population health models are "examples of innovation in the private sector that we would not have seen five years ago."
The Care Innovation Summit touched upon many questions and insights that are likely to continue to generate discussion in months and years to come. "As health care providers and leaders wrestle with how to accelerate care innovation, continuing this dialogue to explore groundbreaking ideas from both the public and private sector is absolutely critical to strengthening our understanding of the transformation opportunities and quickly scaling best practices to accelerate improvement," said Chas Roades, Chief Research Officer at The Advisory Board Company.
Please visit www.advisory.com to see a summary of several Summit sessions, including the presentations by Ms. Sebelius and Dr. Brenner, the morning plenary sessions, the morning breakouts and the key implications for care management. A video replay of select plenary and breakout sessions is now available on the Care Innovation Summit microsite.
About The Advisory Board Company
The Advisory Board Company is a global technology, research, and consulting firm partnering with 165,000 leaders in 4,100 organizations across health care and higher education. Through its innovative membership model, the company collaborates with executives and their teams to elevate performance and solve their most pressing challenges. The company provides strategic guidance, actionable insights, web-based software solutions, and comprehensive implementation and management services. In 2013, The Advisory Board Company noted that more than 50% of the nation's inpatient admissions now flow through the firm's software technology platforms. For more information, visit http://www.advisory.com.
SOURCE The Advisory Board Company
“The Internet of Things transforms the way organizations leverage machine data and gain insights from it,” noted Splunk’s CTO Snehal Antani, as Splunk announced accelerated momentum in Industrial Data and the IoT. The trend is driven by Splunk’s continued investment in its products and partner ecosystem as well as the creativity of customers and the flexibility to deploy Splunk IoT solutions as software, cloud services or in a hybrid environment. Customers are using Splunk® solutions to collect ...
Oct. 6, 2015 01:00 PM EDT Reads: 576
Recently announced Azure Data Lake addresses the big data 3V challenges; volume, velocity and variety. It is one more storage feature in addition to blobs and SQL Azure database. Azure Data Lake (should have been Azure Data Ocean IMHO) is really omnipotent. Just look at the key capabilities of Azure Data Lake:
Oct. 6, 2015 01:00 PM EDT Reads: 194
SYS-CON Events announced today that ProfitBricks, the provider of painless cloud infrastructure, will exhibit at SYS-CON's 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. ProfitBricks is the IaaS provider that offers a painless cloud experience for all IT users, with no learning curve. ProfitBricks boasts flexible cloud servers and networking, an integrated Data Center Designer tool for visual control over the...
Oct. 6, 2015 01:00 PM EDT Reads: 730
Scott Guthrie's keynote presentation "Journey to the intelligent cloud" is a must view video. This is from AzureCon 2015, September 29, 2015 I have reproduced some screen shots in case you are unable to view this long video for one reason or another. One of the highlights is 3 datacenters coming on line in India.
Oct. 6, 2015 01:00 PM EDT Reads: 216
When it comes to IoT in the enterprise, namely the commercial building and hospitality markets, a benefit not getting the attention it deserves is energy efficiency, and IoT’s direct impact on a cleaner, greener environment when installed in smart buildings. Until now clean technology was offered piecemeal and led with point solutions that require significant systems integration to orchestrate and deploy. There didn't exist a 'top down' approach that can manage and monitor the way a Smart Buildi...
Oct. 6, 2015 01:00 PM EDT Reads: 227
You have your devices and your data, but what about the rest of your Internet of Things story? Two popular classes of technologies that nicely handle the Big Data analytics for Internet of Things are Apache Hadoop and NoSQL. Hadoop is designed for parallelizing analytical work across many servers and is ideal for the massive data volumes you create with IoT devices. NoSQL databases such as Apache HBase are ideal for storing and retrieving IoT data as “time series data.”
Oct. 6, 2015 12:45 PM EDT Reads: 453
SYS-CON Events announced today that G2G3 will exhibit at SYS-CON's @DevOpsSummit Silicon Valley, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Based on a collective appreciation for user experience, design, and technology, G2G3 is uniquely qualified and motivated to redefine how organizations and people engage in an increasingly digital world.
Oct. 6, 2015 12:30 PM EDT Reads: 277
Clearly the way forward is to move to cloud be it bare metal, VMs or containers. One aspect of the current public clouds that is slowing this cloud migration is cloud lock-in. Every cloud vendor is trying to make it very difficult to move out once a customer has chosen their cloud. In his session at 17th Cloud Expo, Naveen Nimmu, CEO of Clouber, Inc., will advocate that making the inter-cloud migration as simple as changing airlines would help the entire industry to quickly adopt the cloud wit...
Oct. 6, 2015 12:30 PM EDT Reads: 572
As the world moves towards more DevOps and microservices, application deployment to the cloud ought to become a lot simpler. The microservices architecture, which is the basis of many new age distributed systems such as OpenStack, NetFlix and so on, is at the heart of Cloud Foundry - a complete developer-oriented Platform as a Service (PaaS) that is IaaS agnostic and supports vCloud, OpenStack and AWS. In his session at 17th Cloud Expo, Raghavan "Rags" Srinivas, an Architect/Developer Evangeli...
Oct. 6, 2015 12:15 PM EDT
DevOps is gaining traction in the federal government – and for good reasons. Heightened user expectations are pushing IT organizations to accelerate application development and support more innovation. At the same time, budgetary constraints require that agencies find ways to decrease the cost of developing, maintaining, and running applications. IT now faces a daunting task: do more and react faster than ever before – all with fewer resources.
Oct. 6, 2015 12:00 PM EDT Reads: 333
SYS-CON Events announced today that VividCortex, the monitoring solution for the modern data system, will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. The database is the heart of most applications, but it’s also the part that’s hardest to scale, monitor, and optimize even as it’s growing 50% year over year. VividCortex is the first unified suite of database monitoring tools specifically desi...
Oct. 6, 2015 12:00 PM EDT Reads: 405
Organizations already struggle with the simple collection of data resulting from the proliferation of IoT, lacking the right infrastructure to manage it. They can't only rely on the cloud to collect and utilize this data because many applications still require dedicated infrastructure for security, redundancy, performance, etc. In his session at 17th Cloud Expo, Emil Sayegh, CEO of Codero Hosting, will discuss how in order to resolve the inherent issues, companies need to combine dedicated a...
Oct. 6, 2015 12:00 PM EDT Reads: 431
Mobile, social, Big Data, and cloud have fundamentally changed the way we live. “Anytime, anywhere” access to data and information is no longer a luxury; it’s a requirement, in both our personal and professional lives. For IT organizations, this means pressure has never been greater to deliver meaningful services to the business and customers.
Oct. 6, 2015 12:00 PM EDT Reads: 282
Cloud computing delivers on-demand resources that provide businesses with flexibility and cost-savings. The challenge in moving workloads to the cloud has been the cost and complexity of ensuring the initial and ongoing security and regulatory (PCI, HIPAA, FFIEC) compliance across private and public clouds. Manual security compliance is slow, prone to human error, and represents over 50% of the cost of managing cloud applications. Determining how to automate cloud security compliance is critical...
Oct. 6, 2015 12:00 PM EDT Reads: 241
In his session at @ThingsExpo, Tony Shan, Chief Architect at CTS, will explore the synergy of Big Data and IoT. First he will take a closer look at the Internet of Things and Big Data individually, in terms of what, which, why, where, when, who, how and how much. Then he will explore the relationship between IoT and Big Data. Specifically, he will drill down to how the 4Vs aspects intersect with IoT: Volume, Variety, Velocity and Value. In turn, Tony will analyze how the key components of IoT ...
Oct. 6, 2015 12:00 PM EDT Reads: 274