|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
DevOps and microservices are permeating software engineering teams broadly, whether these teams are in pure software shops but happen to run a business, such Uber and Airbnb, or in companies that rely heavily on software to run more traditional business, such as financial firms or high-end manufacturers. Microservices and DevOps have created software development and therefore business speed and agility benefits, but they have also created problems; specifically, they have created software securi...
Feb. 25, 2017 11:00 AM EST Reads: 3,854
Almost two-thirds of companies either have or soon will have IoT as the backbone of their business. Though, IoT is far more complex than most firms expected with a majority of IoT projects having failed. How can you not get trapped in the pitfalls? In his session at @ThingsExpo, Tony Shan, Chief IoTologist at Wipro, will introduce a holistic method of IoTification, which is the process of IoTifying the existing technology portfolios and business models to adopt and leverage IoT. He will delve in...
Feb. 25, 2017 10:45 AM EST Reads: 2,514
In the enterprise today, connected IoT devices are everywhere – both inside and outside corporate environments. The need to identify, manage, control and secure a quickly growing web of connections and outside devices is making the already challenging task of security even more important, and onerous. In his session at @ThingsExpo, Rich Boyer, CISO and Chief Architect for Security at NTT i3, will discuss new ways of thinking and the approaches needed to address the emerging challenges of securit...
Feb. 25, 2017 10:30 AM EST Reads: 1,638
One of the hottest areas in cloud right now is DRaaS and related offerings. In his session at 16th Cloud Expo, Dale Levesque, Disaster Recovery Product Manager with Windstream's Cloud and Data Center Marketing team, will discuss the benefits of the cloud model, which far outweigh the traditional approach, and how enterprises need to ensure that their needs are properly being met.
Feb. 25, 2017 10:00 AM EST Reads: 5,346
As cloud adoption continues to transform business, today's global enterprises are challenged with managing a growing amount of information living outside of the data center. The rapid adoption of IoT and increasingly mobile workforce are exacerbating the problem. Ensuring secure data sharing and efficient backup poses capacity and bandwidth considerations as well as policy and regulatory compliance issues.
Feb. 25, 2017 10:00 AM EST Reads: 2,045
In his session at 20th Cloud Expo, Chris Carter, CEO of Approyo, will discuss the basic set up and solution for an SAP solution in the cloud and what it means to the viability of your company. Chris Carter is CEO of Approyo. He works with business around the globe, to assist them in their journey to the usage of Big Data in the forms of Hadoop (Cloudera and Hortonwork's) and SAP HANA. At Approyo, we support firms who are looking for knowledge to grow through current business process, where even...
Feb. 25, 2017 10:00 AM EST Reads: 864
The emerging Internet of Everything creates tremendous new opportunities for customer engagement and business model innovation. However, enterprises must overcome a number of critical challenges to bring these new solutions to market. In his session at @ThingsExpo, Michael Martin, CTO/CIO at nfrastructure, outlined these key challenges and recommended approaches for overcoming them to achieve speed and agility in the design, development and implementation of Internet of Everything solutions with...
Feb. 25, 2017 10:00 AM EST Reads: 7,717
Cloud Expo, Inc. has announced today that Andi Mann and Aruna Ravichandran have been named Co-Chairs of @DevOpsSummit at Cloud Expo 2017. The @DevOpsSummit at Cloud Expo New York will take place on June 6-8, 2017, at the Javits Center in New York City, New York, and @DevOpsSummit at Cloud Expo Silicon Valley will take place Oct. 31-Nov. 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
Feb. 25, 2017 09:30 AM EST Reads: 2,158
SYS-CON Events announced today that Outlyer, a monitoring service for DevOps and operations teams, has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Outlyer is a monitoring service for DevOps and Operations teams running Cloud, SaaS, Microservices and IoT deployments. Designed for today's dynamic environments that need beyond cloud-scale monitoring, we make monitoring effortless so you...
Feb. 25, 2017 09:15 AM EST Reads: 2,139
It is one thing to build single industrial IoT applications, but what will it take to build the Smart Cities and truly society changing applications of the future? The technology won’t be the problem, it will be the number of parties that need to work together and be aligned in their motivation to succeed. In his Day 2 Keynote at @ThingsExpo, Henrik Kenani Dahlgren, Portfolio Marketing Manager at Ericsson, discussed how to plan to cooperate, partner, and form lasting all-star teams to change the...
Feb. 25, 2017 09:00 AM EST Reads: 5,244
@DevOpsSummit has been named the ‘Top DevOps Influencer' by iTrend. iTrend processes millions of conversations, tweets, interactions, news articles, press releases, blog posts - and extract meaning form them and analyzes mobile and desktop software platforms used to communicate, various metadata (such as geo location), and automation tools. In overall placement, @DevOpsSummit ranked as the number one ‘DevOps Influencer' followed by @CloudExpo at third, and @MicroservicesE at 24th.
Feb. 25, 2017 09:00 AM EST Reads: 1,332
What are the new priorities for the connected business? First: businesses need to think differently about the types of connections they will need to make – these span well beyond the traditional app to app into more modern forms of integration including SaaS integrations, mobile integrations, APIs, device integration and Big Data integration. It’s important these are unified together vs. doing them all piecemeal. Second, these types of connections need to be simple to design, adapt and configure...
Feb. 25, 2017 09:00 AM EST Reads: 3,634
"I think that everyone recognizes that for IoT to really realize its full potential and value that it is about creating ecosystems and marketplaces and that no single vendor is able to support what is required," explained Esmeralda Swartz, VP, Marketing Enterprise and Cloud at Ericsson, in this SYS-CON.tv interview at @ThingsExpo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Feb. 25, 2017 08:30 AM EST Reads: 1,059
The buzz continues for cloud, data analytics and the Internet of Things (IoT) and their collective impact across all industries. But a new conversation is emerging - how do companies use industry disruption and technology enablers to lead in markets undergoing change, uncertainty and ambiguity? Organizations of all sizes need to evolve and transform, often under massive pressure, as industry lines blur and merge and traditional business models are assaulted and turned upside down. In this new da...
Feb. 25, 2017 08:15 AM EST Reads: 7,994
In his General Session at 16th Cloud Expo, David Shacochis, host of The Hybrid IT Files podcast and Vice President at CenturyLink, investigated three key trends of the “gigabit economy" though the story of a Fortune 500 communications company in transformation. Narrating how multi-modal hybrid IT, service automation, and agile delivery all intersect, he will cover the role of storytelling and empathy in achieving strategic alignment between the enterprise and its information technology.
Feb. 25, 2017 08:00 AM EST Reads: 5,787