2023 Together - P455 - What Is the Cost of Care? - On Demand
As hospitals navigate decreasing margins and increasing expenses for labor and supplies, it remains vitally important to balance quality and costs. Nash UNC Health found that by engaging physicians to review cost data, compare data with each other and review benchmarks with other system entities, we were able to successfully decrease cost of care. Other benefits of this project include improved physician partner understanding of the cost of orderable services and standardization of care practices, as well as a stronger connection between acuity and cost for key stakeholders. We also demonstrated improved clinician and patient satisfaction.
- Healthcare Quality Professionals
- Pharmacy Technicians
- Other Healthcare Professionals
Discuss key implementation strategies and available metrics to support performance improvement with regard to cost of care.
Explain the potential impacts of this type of initiative.
Describe the outcomes of increased clinician and patient satisfaction.
Danielle Waugaman, MSN, RN, CMGT-BC, NE-BC, Manager, Care Management, CDI and UR, Nash UNC Health, Rocky Mount, NC
Janet Ragle, DNP, MSN, MBA, CPHQ, Director Quality/Performance Improvement/Patient Safety Officer, Nash UNC Health, Rocky Mount, NC
Interprofessional Continuing Education (IPCE)
This activity was planned by, and for, the healthcare team, and learners will receive 0.50 Interprofessional Continuing Education (IPCE) credits for learning and change.
Vizient, Inc. designates this enduring material for a maximum of 0.50 ANCC contacts hours.
Vizient, Inc. designates this enduring material for a maximum of 0.50 contact hours for Pharmacists.
Universal Activity Number: JA0006103-0000-23-247-H04-P
Pharmacy Technicians (CPE)
Vizient, Inc. designates this enduring material for a maximum of 0.50 contact hours for pharmacy technicians.
Universal Activity Number: JA0006103-0000-23-247-H04-T
Vizient, Inc. designates this enduring material for a maximum of 0.50 AMA PRA Category 1 Credit(s)™. Physicians should claim only the credit commensurate with the extent of their participation in the activity.
Healthcare Quality Professionals (CPHQ)
This activity is approved by NAHQ® for 0.50 CPHQ CE credits.
Other Healthcare Professionals (General CE Credit)
Vizient, Inc. will award a maximum of 0.50 contact hours to all other healthcare professionals who successfully complete the activity. These individuals will receive a Certificate of Participation indicating the maximum credits available.
Many state licensing boards and credentialing bodies accept certificates of participation from accredited CE activities to meet CE requirements for license renewals and re-certification. It is the responsibility of the participant to contact their state licensing board and/or certifying body for verification on credit eligibility reciprocity.
- 0.50 ACPE Pharmacist
- 0.50 ACPE Pharmacy Technician
- 0.50 AMA PRA Category 1 Credit™
- 0.50 ANCC
- 0.50 CPHQ – Certified Professional Healthcare Quality
- 0.50 General CE – Attendance
- 0.50 Interprofessional Continuing Education (IPCE)