Session #17 Measured Outcomes: A Future View of Value-Based Healthcare Follow Up Caleb Stowell, MD Vice-President Research and Development, International.

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Presentation transcript:

Session #17 Measured Outcomes: A Future View of Value-Based Healthcare Follow Up Caleb Stowell, MD Vice-President Research and Development, International Consortium for Health Outcomes Measurement (ICHOM), Senior Researcher, Harvard Business School

ICHOM was formed to drive the industry towards value-based health care by defining global outcome standards Our mission Where we come from Three organizations with the desire to unlock the potential of value-based health care founded ICHOM in 2012: ICHOM is a nonprofit ▪Independent 501(c)3 organization ▪Idealistic and ambitious goals ▪Global focus ▪Engages diverse stakeholders Value = Unlock the potential of value-based health care by defining global Standard Sets of outcome measures that really matter to patients for the most relevant medical conditions and by driving adoption and reporting of these measures worldwide Cost of delivering those outcomes Patient health outcomes achieved

ICHOM plays several roles along the journey that will enable value-based health care: our strategic agenda 1. We are exploring the inclusion of resources data in benchmarks but the methodology is to be determined Core mission of ICHOM Enabler role Current focus VBHC ICHOM defines internationally recognized Standard Sets of outcomes and related case-mix factors ICHOM will provide risk-adjusted international benchmarks on outcomes by medical condition ICHOM will become a methodological partner with media to publish ratings based on ICHOM outcomes ICHOM facilitates adoption and implementation by sharing knowledge and supporting proof- of-concept ICHOM will enable cooperation to improve value by establishing value collaboratives ICHOM will engage payers and governments to realign financial incentives and promote transparency Define Standards Benchmark on outcomes 1 Establish outcomes transparency Measure outcomes Collaborate to improve value 1 Develop value-based payment models

We have developed 12 Standard Sets, covering 35% of the disease burden 2015 targets ▪ End Stage Renal Disease ▪ Dementia ▪ Frail elderly ▪ Heart Failure ▪ Pregnancy and childbirth ▪ Breast cancer ▪ Colon and rectal cancer ▪ Overactive bladder ▪ Craniofacial microsomia ▪ Inflammatory bowel disease

A Questions & Answers

Session Feedback Survey 6 1.On a scale of 1-5, how satisfied were you overall with this session? 1)Not at all satisfied 2)Somewhat satisfied 3)Moderately satisfied 4)Very satisfied 5)Extremely satisfied 2.What feedback or suggestions do you have?