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3 Secrets to Ochsner Hospital System Success Ochsner Health headquartered in New Orleans with 40+ facilities across the Gulf South was able to lower healthcare costs by $56M across 500K of their patients. Ochsner then took $45M of those savings and gave it to the doctors and other healthcare providers. Ochsner accomplished these savings by 1) reducing ER visits and hospitalizations via improved outpatient primary care, 2) taking on financial risk for the total cost of care for a patient population and 3) decreasing disease. That's right... Ochsner accomplished these financial savings while IMPROVING patient care: --88 percent of patients with diabetes had their condition well controlled vs. a national average of 50-60 percent. --85% of patients with hypertension had their blood pressure well controlled vs. a national average of 20 percent. Why? Of all the hospital systems in America, why did Ochsner choose to move away from reactive, fee-for-service care? It's because New Orleans and the Gulf South does not have a lot of patients with high-reimbursing commercial insurance through employer-sponsored plans. Most of Ochsner's patients are on much lower-paying Medicare and Medicaid insurance plans. This fact illustrates that high employer reimbursements are enabling most hospital systems in America to remain reactive and not focused on preventing disease. Only when those high employer reimbursements are scarce will hospitals change. Sources: Prior AHealthcareZ Video on Ochsner: • Value-Based Care: Ochsner Health Has Real ... https://ohn-impact-reports.webflow.io/ https://www.ochsnerhealthnetwork.org/... https://www.nbcnews.com/id/wbna56060818 https://www.google.com/search?q=what+... https://clecodev.com/site-selection/c.... chrome-extension://efaidnbmnnnibpcajpcglclefindmkaj/https://www.labudget.org/wp-content/u... AHealthcareZ is 400+ Healthcare Finance Educational Videos. 💥 BOOK: Check out Dr. Bricker’s Book 16 Lessons in the Business of Healing here: https://www.ahealthcarez.com/healthca... AHealthcareZ Viewers Include: Employee Benefits Professionals, HR, CFOs, Insurance Brokers, Benefits Consultants, Doctors and Nurses in Leadership Roles, Hospital and Health System Administrators, Health Insurance Carrier and PBM Professionals, Pharma and Med Device Professionals, Academic Professors and Students in Healthcare Administration and Public Health. 90,000+ Views Per Month Across All Platforms. Visit AHealthcareZ.com to Subscribe to the Healthcare Finance Video Newsletter.