Moderator: Henry Tomasuolo, Vice President, Support Services, Children’s Hospital Boston
Speakers: Patrick Anderson, System Vice President and Chief Information Officer, Ochsner Health System and Deborah Dahl, Vice President, Patient Care Innovation, Banner Health
According to Hospital and Healthcare Management, spending in the healthcare IT space will continue to increase due to an increase in demand for clinical, administrative, and financial IT systems and applications that enable medical error reduction, clinical optimization and evidence-based medicine.
In this session, hear how Ochsner Health System navigated the challenges that CIOs encounter leading IT for large Health Systems. You will gather strategies to address these challenges which includes training IT managers and executives on best practices for vendor management, and consistent utilization of RFPs with comprehensive requirements and weighted scoring to award business. This session will show how these strategies lowered costs and increased the quality of services provided, by using precise requirements, which resulted in the best products at the best prices.
Then, hear from Banner Health on how they are using technology to lower healthcare costs. With facilities in seven states, Banner Health is Arizona’s largest private employer and one of the largest secular, nonprofit healthcare systems in the U.S. with more than $5 billion in annual revenue. Learn how their Intensive Ambulatory Care (IAC) pilot program, part of their overall telehealth program, focuses on the most complex and highest cost patients – the top five percent of patients who account for 50 percent of health care spend, ‘superusers’. The IAC program, first launched in 2013, resulted in a 27% reduction in cost of care, a 32% reduction in acute and long term care costs and a 45% reduction in hospitalizations. Banner’s results are a strong endorsement for using technology as a strategic mechanism for the remote care of healthcare superusers.
1. Identify strategies for lowering IT spend.
2. Outline an effective IT management system.
3. Evaluate how technology solutions such as telemedicine can reduce healthcare costs.