AHRMM On-Demand Conference Session: Hospital Collaboration Pays Off Even for Implants

Description

This session focuses on the power of collaboration, resulting in documented savings in excess of $8M. Yankee Alliance facilitated an Orthopedic Total Joint Collaborative for seventeen member hospitals to identify opportunities in quality and cost reduction and implement improvements to positively impact both. Yankee engaged Clinical Benchmarking to coach and facilitate as subject matter experts. The collaborative methodology will be reviewed as well as the methods deployed to achieve these savings, including implant and reimbursement benchmarking (physician, hospital & national level), contract strategies, and perioperative supplies utilizing data analysis. Lastly, a participating collaborative member will share tested processes that may help spur change and savings in your own organizations.