Premier Inc. To Moderate Roundtable Discussion at World Health Care Congress In Washington, D.C.; April 17 Executive Discussion Series to Address the Management of Hospital Performance Relative to Cost and Quality.
The Executive Discussion Series roundtable is designed to enhance executive interaction on pertinent healthcare issues, many of which are featured within the Congress programming. Discussion groups provide an informal opportunity for all delegates across the healthcare continuum to share insights and engage in a meaningful dialogue on timely topics. As topical experts, moderators open the discussion, encourage participants to voice their questions/concerns, and guide the discussion among executive delegates.
Discussion topics will include Premier's groundbreaking pay for performance Hospital Quality Incentive Demonstration (HQID) project with the Centers for Medicare and Medicaid Services (CMS). The first national project of its kind, HQID was designed to determine if economic incentives to hospitals are effective at improving the quality of inpatient care. With more than 250 hospitals across 38 states voluntarily participating, the project uses Premier's Perspective(TM) database, the largest clinical comparative database in the nation, to track hospitals' performance.
Launched in July of 2003, the three-year demonstration uses a widely accepted set of quality measures to evaluate individual hospital performance. In year one of the demonstration, approximately 235 acute myocardial infarction (heart attack) patients were saved as a result of quality improvements in that related focus area alone.
In addition, CMS, the federal agency providing healthcare coverage to approximately 40 million Americans, awarded $8.85 million in Medicare incentives to the top-performing hospitals in the project. CMS-validated data from the first year of the HQID demonstrates a significant improvement in the quality of care across five clinical focus areas as measured by 33 nationally standardized and widely accepted quality indicators.
According to the white paper, the average improvement across the clinical areas was 6.6 percent. These performance gains have outpaced those of hospitals involved in other national performance initiatives. Mean quality scores for project participants on 17 key quality indicators are nearly 10 points higher on a 100-point scale than mean quality scores for the nation's hospitals as a whole, based on analysis of publicly reported data.
About The World Health Care Congress
The 3rd Annual World Health Care Congress, co-sponsored by The Wall Street Journal, is the most prestigious meeting of chief and senior executives from all sectors of health care. The 2006 meeting will convene over 1,550 CEOs, senior executives, and government officials from the nation's largest employers, hospitals, health systems, health plans, pharmaceutical and biotechnology companies, and leading government agencies. For more information, please visit www.whcc2006.com.
About Premier, Inc.
Premier Inc. helps hospitals accelerate performance on both clinical outcomes and supply chain costs. Premier is a healthcare alliance entirely owned by more than 200 of the nation's leading not-for-profit hospitals and healthcare systems. These organizations operate or are affiliated with nearly 1,500 hospitals and more than 38,500 other healthcare sites. Premier Purchasing Partners provides an array of services supporting health services delivery including group purchasing totaling more than $25 billion annually in supplies and equipment purchasing, as well as supply chain and clinical performance improvement services. Premier Healthcare Informatics offers performance measurement, benchmarking, and reporting products and advisory services supporting quality improvement. Premier Insurance Management Services helps hospitals manage insurance costs and improve risk management and claims capabilities. Headquartered in San Diego, CA, Premier has offices in Charlotte, NC; Chicago, IL; and Washington, DC. For more information, visit www.premierinc.com.
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|Date:||Apr 14, 2006|
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