Total Cost of Care: Transparency in Action

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Tuesday, September 18, 2018

Total Cost of Care: Transparency in Action

Our employers tell us that Total Cost of Care (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 Care: 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).

Registration is free (see button below), but seating is limited! Please register soon!   (A preliminary agenda is found below)

Register Now

BE A PART OF THE SOLUTION

Mark your calendars for:
Total Cost of Care: Transparency in Action
Tuesday, September 18, 2018
The Embassy Suites
1000 Woodward Pl NE, Albuquerque, NM 87102
8:00 a.m. – 12:00 (noon)

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.

SHRM credits will be offered.

NMHCV HI joint logos

Preliminary Agenda  (July 19,2018)
Total Cost of Care: Transparency in Action

8 a.m.    Welcome
Margy Wienbar, Executive Director, HealthInsight New Mexico

8:10       Keynote Address: Overview of Total Cost Of Care
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

10:00     BREAK

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
Hospitals Representative: Beth Landon, NM Hospital Association
Medicaid Representative: New Mexico Human Services Department
NM Superintendent of Insurance Representative: Paige Duhamel, NM OSI
NM Department of Health Representative: Michael Landen, State Epidemiologist

11:30     Next Steps for New Mexico

Noon     Adjourn

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