Tuesday, September 18, 2018
Total Cost of Healthcare: Transparency in ActionEmployers say that Total Cost of Healthcare (TCoC) is still one of the most puzzling issues they face in health system transformation. As attempts to improve the healthcare system take place, many efforts focus on aspects of this issue--such as addressing waste in healthcare, how to arrive at the cost of care, and how to decrease the cost of care while maintaining quality of health services. Questions asked include:
- Do healthcare charges for the same procedures differ around the country and/or according to site of care?
- Do we know what drives the variability in costs, when variation is identified?
Though much is being learned, clarity has still not been achieved around questions of how TCoC is being defined and/or measured.
Employers, providers, insurers and other health professionals can learn more about this issue by attending the half-day Total Cost of Healthcare: Transparency in Action Summit. This summit is jointly provided by the NM Coalition for Healthcare Value and HealthInsight NM and is offered on September 18, 2018 (see below for place and time).
BE A PART OF THE SOLUTION
Mark your calendars for:
Total Cost of Healthcare: Transparency in Action
Tuesday, September 18, 2018
The Embassy Suites
1000 Woodward Pl NE, Albuquerque, NM 87102
8:00 a.m. – 12:00 (noon)
Society for Human Resource Management (SHRM) credits are offered.
Note: The Total Cost of Care Summit is supported by the Network for Regional Healthcare Improvement (NRHI). Getting to Affordability is a NRHI initiative that aligns regional partners in their efforts to produce, share and use standardized, high-quality healthcare cost information. NRHI is leading the Getting to Affordability initiative to standardize how cost information is reported in 11 regions across the U.S. While their data reflects local practices, the regional partners are producing standard provider cost measures that can be applied anywhere in the country. This cost transparency can drive the realignment of the healthcare marketplace, and competitive market forces can help redirect wasteful spending and reward high quality care.
Total Cost of Health Care: Transparency in Action
7:30 am Registration and Continental Breakfast
8 a.m. Welcome
Margy Wienbar, Executive Director, HealthInsight New Mexico
8:10 Keynote Address: Overview of Total Cost Of Care and Best Practices from Colorado
Jonathan Mathieu, PhD, Vice President of Research and Compliance and Chief Economist, Center for Improving Value in Health Care
9:00 State Presentations
- The Maine Story on Total Cost of Care
Sara Fitzgerald, MPH, Director of Analytics, Healthcare Purchaser Alliance of Maine
- Utah Total Cost of Care Work
Rita Hanover, PhD, Senior Health Care Analyst, HealthInsight Utah
10:15 Opportunities and Challenges in New Mexico Regarding TCOC
Pat Montoya, Executive Director, New Mexico Coalition for Healthcare Value
10:30 Moderated Panel Response
Employer Representative: Mark Young, PNM Resources & Chair, NM Coalition for Healthcare Value
Hospital Association Representative: Beth Landon, MBA, MHA, NM Hospital Association
NM Superintendent of Insurance Representative: Paige Duhamel, Esq., Policy Manager
NM Department of Health Representative: Dr. Michael Landen, State Epidemiologist
11:30 Next Steps for New Mexico