Session #17 Measured Outcomes: A Future View of Value-Based Healthcare Follow Up Caleb Stowell, MD...

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Session #17 Measured Outcomes: A Future View of Value-Based Healthcare Follow Up Caleb Stowell, MD Vice-President Research and Development, International Consortium for Health Outcomes Measurement (ICHOM), Senior Researcher, Harvard Business School

Transcript of Session #17 Measured Outcomes: A Future View of Value-Based Healthcare Follow Up Caleb Stowell, MD...

Page 1: Session #17 Measured Outcomes: A Future View of Value-Based Healthcare Follow Up Caleb Stowell, MD Vice-President Research and Development, International.

Session #17Measured Outcomes:

A Future View of Value-Based Healthcare Follow Up

Caleb Stowell, MDVice-President Research and Development, International

Consortium for Health Outcomes Measurement (ICHOM), Senior Researcher, Harvard Business School

Page 2: Session #17 Measured Outcomes: A Future View of Value-Based Healthcare Follow Up Caleb Stowell, MD Vice-President Research and Development, International.

ICHOM was formed to drive the industry towards value-based health care by defining global outcome standards

Our missionWhere we come fromThree organizations with the desire to unlock the potential of value-based health care founded ICHOM in 2012:

ICHOM is a nonprofit▪ Independent 501(c)3 organization▪ Idealistic and ambitious goals▪ Global focus▪ Engages diverse stakeholders

Value =

Unlock the potential of value-based health care by defining global Standard Sets of outcome measures that really matter to patients for the most relevant medical conditions and by driving adoption and reporting of these measures worldwide

Cost of delivering those outcomes

Patient health outcomes achieved

Page 3: Session #17 Measured Outcomes: A Future View of Value-Based Healthcare Follow Up Caleb Stowell, MD Vice-President Research and Development, International.

ICHOM plays several roles along the journey that will enable value-based health care: our strategic agenda

1. We are exploring the inclusion of resources data in benchmarks but the methodology is to be determined

Core mission of ICHOM

Enabler roleCurrent focus

VBHC

ICHOM defines internationally recognized Standard Sets of outcomes and related case-mix factors

ICHOM will provide risk-adjusted international benchmarks on outcomes by medical condition

ICHOM will become a methodological partner with media to publish ratings based on ICHOM outcomes

ICHOM facilitates adoption and implementation by sharing knowledge and supporting proof-of-concept

ICHOM will enable cooperation to improve value by establishing value collaboratives

ICHOM will engage payers and governments to realign financial incentives and promote transparency

Define StandardsBenchmark

on outcomes1 Establish outcomes

transparency

Measure outcomesCollaborate to

improve value1 Develop value-based

payment models

Page 4: Session #17 Measured Outcomes: A Future View of Value-Based Healthcare Follow Up Caleb Stowell, MD Vice-President Research and Development, International.

We have developed 12 Standard Sets, covering 35% of the disease burden

2015targets

▪ End Stage Renal Disease ▪ Dementia▪ Frail elderly▪ Heart Failure

▪ Pregnancy and childbirth▪ Breast cancer▪ Colon and rectal cancer

▪ Overactive bladder▪ Craniofacial microsomia▪ Inflammatory bowel disease

Page 5: Session #17 Measured Outcomes: A Future View of Value-Based Healthcare Follow Up Caleb Stowell, MD Vice-President Research and Development, International.

AQuestions &

Answers

Page 6: Session #17 Measured Outcomes: A Future View of Value-Based Healthcare Follow Up Caleb Stowell, MD Vice-President Research and Development, International.

Session Feedback Survey

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1. On a scale of 1-5, how satisfied were you overall with this session?

1) Not at all satisfied

2) Somewhat satisfied

3) Moderately satisfied

4) Very satisfied

5) Extremely satisfied

2. What feedback or suggestions do you have?