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Value-Based Care: Ochsner Health Has Real Hospital Success

Ochsner Health in New Orleans and Its EVP of Value-Based Care, Dr. David Carmouche, Have Had REAL Success with REAL Value-Based Care. Ochsner Was Able to Have 30,000 Capitated Medicare Advantage Patients Cost $100 Million Less Than a Comparable 30,000 Traditional Medicare Patients. Treatment Differences for the Medicare Advantage Population Include: 1. Patient Health Risk Assessments 2. In-Home Visits 3. Outpatient Case Management 4. Post-Acute Care Utilization Management 5. Greater Use of Primary Care Because Ochsner Had Transitioned So Much of Its Care AWAY from Fee-for-Service, They CHANGED the Way They Paid Doctors. The Primary Care Doctors Were No Longer Paid Based on RVUs, but Instead on the Performance of Their Patient Panels. Specialists Had a Portion of their Compensation Based on Value Measures Such as Clinical Variability and Unwarranted Care. The Result: Ochsner Had Its Best Financial Year in 2020 Even with the Decrease in Elective Patient Volume from the COVID Pandemic. Ochsner's Experience Demonstrates that Healthcare Costs Can Be Lowered in a Financially Viable Fashion by a Hospital System. Sources: https://relentlesshealthvalue.com/aud... https://www.ochsner.org/about-ochsner... AHealthcareZ is 200+ 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.