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Panel Discussion: Surviving and Panel Discussion: Surviving and Thriving in a Value Based World Thriving in a Value Based World Mary Whitbread Vice President, Finance

Panel Discussion: Surviving and Thriving in a Value Based ... · Henry Ford Health System Five hospitals – combined 1,767 beds Henry Ford Medical Group – 1,200 physicians 24,000

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Page 1: Panel Discussion: Surviving and Thriving in a Value Based ... · Henry Ford Health System Five hospitals – combined 1,767 beds Henry Ford Medical Group – 1,200 physicians 24,000

Panel Discussion: Surviving and Panel Discussion: Surviving and Thriving in a Value Based WorldThriving in a Value Based World

Mary WhitbreadVice President, Finance

Page 2: Panel Discussion: Surviving and Thriving in a Value Based ... · Henry Ford Health System Five hospitals – combined 1,767 beds Henry Ford Medical Group – 1,200 physicians 24,000

Henry Ford HospitalHenry Ford Hospital

Page 3: Panel Discussion: Surviving and Thriving in a Value Based ... · Henry Ford Health System Five hospitals – combined 1,767 beds Henry Ford Medical Group – 1,200 physicians 24,000

Henry Ford Health SystemHenry Ford Health SystemFive hospitals – combined 1,767 bedsHenry Ford Medical Group – 1,200 physicians24,000 employees3.3 million annual outpatient visits89,000 surgical procedures performedExtensive health-related services 200+ care delivery locationsHealth Alliance Plan – 630,000 subscribers2011 Malcolm Baldrige National Quality Award

Page 4: Panel Discussion: Surviving and Thriving in a Value Based ... · Henry Ford Health System Five hospitals – combined 1,767 beds Henry Ford Medical Group – 1,200 physicians 24,000
Page 5: Panel Discussion: Surviving and Thriving in a Value Based ... · Henry Ford Health System Five hospitals – combined 1,767 beds Henry Ford Medical Group – 1,200 physicians 24,000

Measures of HarmMeasures of Harm

Infection-related harmProcedure-related harmMedication-related harmFallsPressure Ulcers Healthcare-acquired acute renal failureEmployee injuries

Page 6: Panel Discussion: Surviving and Thriving in a Value Based ... · Henry Ford Health System Five hospitals – combined 1,767 beds Henry Ford Medical Group – 1,200 physicians 24,000

ResultsResults

Overall harm has dropped 32%, which translates to 189 fewer harm events per monthInfection-related harm has dropped 41%Medication-related harm has dropped 43%Falls have dropped 13%Pressure ulcer-related harm has dropped 21%

Page 7: Panel Discussion: Surviving and Thriving in a Value Based ... · Henry Ford Health System Five hospitals – combined 1,767 beds Henry Ford Medical Group – 1,200 physicians 24,000

HFHS Overall No Harm Results

Page 8: Panel Discussion: Surviving and Thriving in a Value Based ... · Henry Ford Health System Five hospitals – combined 1,767 beds Henry Ford Medical Group – 1,200 physicians 24,000

Quality Pays

Harm reduction produced a $10 million variable cost reduction over 4 years

Over 10 years, malpractice expense was cut by 60%, saving more than $26 million per year

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Page 9: Panel Discussion: Surviving and Thriving in a Value Based ... · Henry Ford Health System Five hospitals – combined 1,767 beds Henry Ford Medical Group – 1,200 physicians 24,000

Contact InformationContact Information

Mary [email protected]

Baldrige requests:Michelle Turylo

[email protected]