Healthcare Innovation July 23, 2019
The pilot will initially involve 10 to 15 hospitals and will focus on measuring the full cycle of care
Leaders from the American College of Surgeons (ACS) and Harvard Business School’s (HBS) Institute for Strategy and Competitiveness have announced a new value-based measurement tool that aims to help hospitals and surgical practices improve outcomes while lowering the cost of care.
Officials of the two organizations say that better measurement of quality and costs will enable hospitals to improve the value they deliver to patients while positioning them for success as reimbursement shifts to bundled payments, an approach that increases transparency and accountability.
At a recent event on Capitol Hill, leaders of the program, called ACS THRIVE (Transforming Health care Resources...