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Published byEvelyn Randall Modified over 6 years ago
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Collection & Reporting: Models for Public-Private Partnerships
Health Care Data Collection & Reporting: Models for Public-Private Partnerships Presented by Nancy Nankivil Bennett Director; WI Department of Employee Trust Funds February 7, 2005
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Employee Trust Funds Public Healthcare Purchaser
ETF Statistics More than 250,000 active employees and 115,000 retirees in Wisconsin Retirement System 10th largest public pension fund in United States; 19th largest in world Assets currently valued at $65 billion Annual health care expenditures of $800 million Secretary is non-partisan & not appointed by Governor ETF Mission Develop and deliver quality benefits and services to our customers while safeguarding the integrity of the Trust
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Value-based Purchasing Managing thru Cost AND Quality
Leverage purchasing power for implementation of common quality & patient safety standards Gain transparency (disclosure) of comparative information at provider level Reward superior provider value through pay for performance contracting with Plans/Providers Empower consumers to make more informed decisions regarding their health care
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Employee Trust Funds 2003 Healthcare Directive
Implementation of Tiered Health Plan Premium Contributions using Objective Cost & Quality Data Management of RX program through single Pharmacy Benefit Manager (PBM) Integration of Quality & Patient Safety Standards into all health related programs Participation in Public/Private statewide healthcare collaborative efforts
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State Role in Health Care Policy
Use “Bully Pulpit” to set healthcare agenda Promote effective Group Purchasing initiatives Encourage public/private Collaboration among healthcare stakeholders Endorse Standard Set of Measures to ensure quality/patient safety Support initiatives that reward value-based purchasing Advance efforts to improve health literacy among purchasers and consumers
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