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Hospital-Physician Alignment Drives Improved Health Care and $4.6M Savings

April 8, 2011 By Bio-Medicine.Org

WASHINGTON, April 8, 2011 /PRNewswire/ — The current era of
health care reform has intensified the pressure on hospitals and
health systems nationwide to contain the growing cost of providing
health care while improving the quality of care delivered.
 

(Logo:
http://photos.prnewswire.com/prnh/20100407/PH82315LOGO)

Robert Wood Johnson University Hospital (New Brunswick, NJ) and
Western Connecticut Health Network’s Danbury Hospital (Danbury, CT)
have emerged as national leaders in collaborating with physicians
to succeed at meeting this dual challenge.  On April 8 in
Dallas, these two institutions will receive the 2011 CRIMSON
Physician Partnership Award in recognition of their improvement in
clinical outcomes while documenting a combined $4.6 million in
annualized savings.

The presentation will take place at the CRIMSON Annual
Performance Summit at the Fairmont Dallas.  The awards, now in
their second year, are presented to administrator-physician
leadership teams at organizations that are members of the CRIMSON
(R) physician performance technologies cohort.  CRIMSON is a
division of The Advisory Board Company that helps hospitals and
health systems advance quality goals and secure cost savings by
eliminating inefficiencies in care delivery.

“These two members have achieved breath-taking gains in
organizational performance by effectively engaging physicians
– not just as clinical decision makers but also as business
partners,” said Paul Roscoe, CEO, CRIMSON.
 “Hospital-physician collaboration that produces demonstrable
value will be central to success in the coming accountable payment
environment.  We applaud these hospitals for their ongoing
commitment to efficient care that benefits patients and the larger
community.”

Danbury Hospital is being honored for its DRG (diagnosis-related
group) Cost Efficiency Project, which targeted eight high-volume
DRGs and showed an improvement in outcomes

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SOURCE

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