Presented by Nancy Nankivil Bennett Director; WI Department of Employee Trust Funds February 7, 2005...

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Presented by Nancy Nankivil Bennett Director; WI Department of Employee Trust Funds February 7, 2005 Health Care Data Collection & Reporting: Models for Public-Private Partnerships

Transcript of Presented by Nancy Nankivil Bennett Director; WI Department of Employee Trust Funds February 7, 2005...

Page 1: Presented by Nancy Nankivil Bennett Director; WI Department of Employee Trust Funds February 7, 2005 Health Care Data Collection & Reporting: Models for.

Presented by Nancy Nankivil BennettDirector; WI Department of Employee Trust Funds

February 7, 2005

Health Care Data Collection & Reporting:

Models for Public-Private Partnerships

Page 2: Presented by Nancy Nankivil Bennett Director; WI Department of Employee Trust Funds February 7, 2005 Health Care Data Collection & Reporting: Models for.

Employee Trust FundsPublic Healthcare Purchaser

ETF Statistics More than 250,000 active

employees and 115,000 retirees in Wisconsin Retirement System

10th largest public pension fund in United States; 19th largest in world

Assets currently valued at $65 billion

Annual health care expenditures of $800 million

Secretary is non-partisan & not appointed by Governor

ETF Mission Develop and deliver quality benefits and services to our customers while safeguarding the integrity of the Trust

Page 3: Presented by Nancy Nankivil Bennett Director; WI Department of Employee Trust Funds February 7, 2005 Health Care Data Collection & Reporting: Models for.

Value-based Purchasing Managing thru Cost AND Quality

Leverage purchasing power for implementation of common quality & patient safety standards

Gain transparency (disclosure) of comparative information at provider level

Reward superior provider value through pay for performance contracting with Plans/Providers

Empower consumers to make more informed decisions regarding their health care

Page 4: Presented by Nancy Nankivil Bennett Director; WI Department of Employee Trust Funds February 7, 2005 Health Care Data Collection & Reporting: Models for.

Employee Trust Funds2003 Healthcare Directive

Implementation of Tiered Health Plan Premium Contributions using Objective Cost & Quality Data

Management of RX program through single Pharmacy Benefit Manager (PBM)

Integration of Quality & Patient Safety Standards into all health related programs

Participation in Public/Private statewide healthcare collaborative efforts

Page 5: Presented by Nancy Nankivil Bennett Director; WI Department of Employee Trust Funds February 7, 2005 Health Care Data Collection & Reporting: Models for.

State Role in Health Care Policy

Use “Bully Pulpit” to set healthcare agenda Promote effective Group Purchasing

initiatives Encourage public/private Collaboration among

healthcare stakeholders Endorse Standard Set of Measures to ensure

quality/patient safety Support initiatives that reward value-based

purchasing Advance efforts to improve health literacy

among purchasers and consumers