Accreditation Statement: AMDA – The Society for Post-Acute and Long-Term Care Medicine is accredited by the Accreditation Council for Continuing Medical Education (ACCME) to provide continuing medical education for physicians.
Designation Statement: AMDA – The Society for Post-Acute and Long-Term Care Medicine designates this Internet Enduring Material for a maximum of 1 AMA PRA Category 1 Credit(s)™. Physicians should only claim credit commensurate with the extent of their participation in the activity.
ABPLM Designation Statement: This Internet Enduring Material has been pre-approved by the American Board of Post-Acute and Long-Term Care Medicine (ABPLM) for a total of 1 management hour toward certification as a Certified Medical Director (CMD) in post-acute and long-term care medicine. The CMD program is administered by the ABPLM. Each physician should claim only those hours of credit actually spent on the activity.
Session Description: This session will discuss the concept of value based medicine (VBM), how the post-acute/long-term care (PA/LTC) practitioner will be affected by it, and how to utilize VBM to improve patient care. VBM initially was designed as an outpatient concept but is quickly moving into PA/LTC. In so doing many issues have arisen which the practitioner should be aware of for survival and success. The differing models under VBM, such as accountable care organizations, bundled payment models and alternative practice models will be discussed, especially as related to quality measurement and cost efficacy. Future iterations of VBM will be more PA/LTC focused and will allow the practitioner to link the principles of quality improvement and performance improvement to positive resident outcomes in a VBM system. The medical director and practitioner who are adapting VBM will be increasingly important to the success of the facility and resident outcomes.
Discuss how value based medicine (VBM) in PA/LTC will interact with other sites of service
Develop strategies to ensure new models of care will positively affect the care of patients
Assist their facility in developing mutually agreed to quality interventions that promote success in a VBM model
Speaker(s): Charles A. Crecelius, MD, PhD, CMD
Reference(s): Porter ME. Defining and introducing value in health care. In: Evidence - based medicine and the changing nature of health care: 2007 IOM annual meeting summary. Washington, DC: Institute of Medicine, 2008: 161-72. Stuart, B and Chernof B. What is Value in Health Care? NEJM 2011: 364, 26 Brown MM and Brown GC. Update on Value Based Medicine. Curr Opin Ophthalmology 2103; 24: 183-9 Crecelius C Fiscal Trends and their Impact on Post Acute and Long Term Care Providers, Cox Medical Conference, Springfield MO April 2014 Physician Feedback / Value Based Payment Models, www.cms.gov/Medicare/Medicare-Fee-For-Service/Physician Feed back Service, last accessed July 15, 2104 How Will Payment Reform Affect Physicians and Payments? Dougherty, B. Presentation to the American College of Physician Subspecialty Advisory Group on Socioeconomic Affairs, Dec 16, 2013.
MD, PhD, CMD,
Medical Director, Post Acute Care,
Barnes Jewish Christian Medical Group
Credits: None available.
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