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HealthTrust University Conference presents…“Waste in the U.S. Healthcare System”

It is well documented that the United States spends more on healthcare than any other country. A study in the October 2019 edition of the Journal of the American Medical Association reported that the cost of overspending is estimated at $760B to $935B annually, with waste accounting for roughly one-quarter of all U.S. healthcare spending across six domains identified by the Institute of Medicine. A panel of three physicians and a doctor of pharmacy will share what is contributing to this escalating spend and, conversely, how the costs represent significant savings opportunities for hospitals and healthcare organizations. There is evidence of known tangible interventions in three of the six domains: failure of care delivery, failure of care coordination, and overtreatment or low-value care. Panelists will share how intervention in those three domains are providers’ best chance for starting to reduce waste within their own health systems.

Learning Objectives | At the end of this session, participants should be able to:

1. Identify key areas of overspending which contribute to the significant amount of waste and overspending
2. Select from six domains and outline some initial recommendations for waste elimination within their own facility and health system
3. Determine if strategies identified by their group purchasing organization could assist them in waste reduction initiatives at the facility or IDN level

Moderator:

John J. Young, MD, MBA, FACHE  |   Chief Medical Officer  |  HealthTrust

Panelists:

Jason Braithwaite, PharmD, MS, BCPS  |  Senior Director of Clinical Pharmacy Services  |  HealthTrust

Christopher Ott, M.D., FACEP  |  Chief Medical Officer  |  HCA Healthcare Physician Services Group

Christopher Rehm, M.D.  |  SVP, Chief Medical Officer  |  LifePoint Health

David Stepansky, M.D.  |  Vice President for Quality  |  Community Health Systems,

Target Audience:  Pharmacy, Nursing, Allied Health, Healthcare Executives, ASC and Physicians

Continuing Education Information: 1.0 contact hours approved for Nurses,  Pharmacists and Supply Chain. Belmont University College of Pharmacy is accredited by the Accreditation Council for Pharmacy Education as a provider of continuing pharmacy education.  The ACPE Universal Activity Number for this activity is 0863-9999-20-074-L04-P. The activity is  approved for 1 hour (.1 CEUs) of continuing education credit for Nurses & Pharmacists who attend the webinar and complete the online evaluation.Certificate of participation available for Healthcare Executives.

California Board of Registered Nursing Approval. Pfiedler is a provider approved by the California Board of Registered Nursing, Provider Number CEP 14944 for 1.0 contact hour. Designated sessions were approved by AHRMM for up to 5.0 contact hours of continuing education.

Note about CE credit: If you plan to obtain credit, stay until the end of the presentation to receive the verification code you will need to obtain your continuing education credit. A reminder that CE credit is individual. No group credit is available. Each person must register for this session and attend the entire webinar in order to receive an email after the event with instructions on how to apply for continuing education credit. Please do not share the code or forward the email you receive to others who did not actually attend the program. If they are not able to be verified on our webinar provider reports and registration list they will not receive credit. Also, please note: If you are joining only by phone, you will not be eligible for credit. You must also log in and join the visual portion of the webinar to be part of our CE provider-required reporting.

Effective June 1, 2019: Belmont College of Pharmacy will no longer issue paper/electronic statements of credit for CE activities. ACPE (our accrediting body) policy states paper and/or electronic statements of credit may no longer be distributed directly to learners as proof of ACPE credit. The official record of credit may be located in the learner’s e-profile in CPE Monitor at www.nabp.net.  A participant, sponsor, faculty member or other individual wanting to file a grievance with respect to any aspect of a program sponsored or co-sponsored by the Belmont COP may contact the Dean of Belmont University College of Pharmacy in writing at david.gregory@belmont.edu. The grievance will be reviewed and a response will be returned within 45 days of receiving the written statement. If not satisfied, an appeal to the Dean of the College of Pharmacy can be made for a second level of review.