panel discussion: surviving and thriving in a value based ... · henry ford health system five...
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Panel Discussion: Surviving and Panel Discussion: Surviving and Thriving in a Value Based WorldThriving in a Value Based World
Mary WhitbreadVice President, Finance
Henry Ford HospitalHenry Ford Hospital
Henry Ford Health SystemHenry Ford Health SystemFive hospitals – combined 1,767 bedsHenry Ford Medical Group – 1,200 physicians24,000 employees3.3 million annual outpatient visits89,000 surgical procedures performedExtensive health-related services 200+ care delivery locationsHealth Alliance Plan – 630,000 subscribers2011 Malcolm Baldrige National Quality Award
Measures of HarmMeasures of Harm
Infection-related harmProcedure-related harmMedication-related harmFallsPressure Ulcers Healthcare-acquired acute renal failureEmployee injuries
ResultsResults
Overall harm has dropped 32%, which translates to 189 fewer harm events per monthInfection-related harm has dropped 41%Medication-related harm has dropped 43%Falls have dropped 13%Pressure ulcer-related harm has dropped 21%
HFHS Overall No Harm Results
Quality Pays
Harm reduction produced a $10 million variable cost reduction over 4 years
Over 10 years, malpractice expense was cut by 60%, saving more than $26 million per year
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