A presentation of the Blue Cross and Blue Shield Association. All rights reserved. Alliance for Health Reform June 12, 2012 Scott P. Serota, President.

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Presentation transcript:

A presentation of the Blue Cross and Blue Shield Association. All rights reserved. Alliance for Health Reform June 12, 2012 Scott P. Serota, President & CEO Blue Innovations: Whats Working?

A presentation of the Blue Cross and Blue Shield Association. All rights reserved R 2 Strategies to Bend the Cost Curve Payment Incentives Partnering with Clinicians Engaging Patients

A presentation of the Blue Cross and Blue Shield Association. All rights reserved R 3 Changing Payment Incentives Prevented 42 wrong-site surgeries hospital-acquired infections Saved up to $57M from Central-line infections MRSA cases

A presentation of the Blue Cross and Blue Shield Association. All rights reserved R 4 Changing Payment Incentives 6% readmissions 17% inpatient admissions $26M radiology savings

A presentation of the Blue Cross and Blue Shield Association. All rights reserved R Partnering with Clinicians 5 15% readmissions 50% inpatient stays > 20 days $15.5M annual savings

A presentation of the Blue Cross and Blue Shield Association. All rights reserved R 6 Engaging Patients 32% bypass readmissions 21% angioplasty readmissions $2,200-$2,500 cost savings per procedure

A presentation of the Blue Cross and Blue Shield Association. All rights reserved R 7