Becker's Hospital Review

25 CFO / FINANCE 3 leaders discuss their outpatient care strategy By Kelly Gooch B ecker's Hospital Review asked healthcare leaders to share how their organizations are adapting to the industry's move toward more outpatient services. Here are their responses, presented alphabetically: Editor's Note: Responses have been lightly edited for length and clarity. Scott Hawig Executive vice president of finance, chief financial and administrative officer and treasurer of Froedtert Health (Milwaukee) As an organization, we've adapted to the needs of Wisconsin by expand- ing the Froedtert and Medical College of Wisconsin network to five hos- pitals and 40 heath centers and clinics to provide faster inpatient and outpatient care where people live and work, so we can deliver the right care, at the right place, at the right time. Fundamentally, this growth has enabled us to increase access to care at a lower cost to our patients. is growth has enabled us to connect our communities to the best of ac- ademic medicine and provide state-of-the-art care for outpatient services including higher acuity services such as ambulatory surgery. We under- stand that both how care is delivered and how care is accessed needs to be tailored to meet the everchanging needs of consumers. Connie O'Malley President of outpatient services for Beaumont Health (Southfield, Mich.) Beaumont Health is responding in several ways. First, we have restructured our leadership team to put a focus on outpatient services for our health system. My new role is president of outpatient services for Beaumont Health. Second, we are working to provide more high-quality, high-value healthcare to our patients and our communities. is year, we announced the expansion of our urgent care presence in the market, with our partner WellStreet. We plan to have 30 urgent cares open in our market this year. In addition, we announced two additional 120,000-square-feet outpatient buildings which will provide full-service outpatient services. In this new model, patients will receive the bulk of their care with their primary care provider and also access urgent care and outpatient services. Keeping our patients healthy and well will be our focus. We aim to provide patients ac- cess to the right care, at the right location, at the right time. Joel Yuhas President and CEO of UCHealth Memorial (Colorado Springs, Colo.) Consumer demands from healthcare providers are increasingly more sophisticated with the many advances in technology. Healthcare con- sumers want affordability, rapid access and more convenience closer to home. UCHealth is working to deliver on all three of these demands, not just by expanding its outpatient service footprint across Colorado, but by also expanding our reach in other ways, through online sched- uling and virtual care. Consumers can book primary and specialty care appointments online without the burden of traditional appointment nav- igation. And now, UCHealth also offers virtual urgent care visits through the UCHealth website or mobile app. From the convenience of wherever you are, consultation with a UCHealth urgent care provider is just a click away — truly bringing world class care closer to home within seconds on your mobile phone, tablet or computer. n Humana debuts bundled payment model for spinal fusions By Morgan Haefner H umana launched a bundled payment program for Medicare Advantage patients undergoing spinal fusion surgery. Announced March 12, the Spinal Fusion Episode-Based Model allows participating physicians and clinicians to receive additional payment for improving patients' health outcomes while lowering overall cost for the sur- gery. Outcomes will be measured by readmissions, cer- vical complications and lumbar complications. The model has four inaugural orthopedic and neuro- surgery practice participants: Fort Wayne (Ind.) Ortho- pedics; Fort Wayne-based Ortho NorthEast; Cincinna- ti-based Mayfield Brain & Spine; and Lynchburg-based OrthoVirginia. Humana also said March 12 that it is expanding its bun- dled payment model for total hip or knee joint replace- ment procedures. Launched in 2016, the Total Joint Re- placement Episode-Based Model now includes more than 60 medical practices across 19 states. n Amazon now accepting health savings accounts for medical purchases By Morgan Haefner A mazon customers can now use health savings ac- counts or flexible savings accounts to buy medical supplies and prescriptions, according to CNBC. HSAs and FSAs allow health plan members to siphon off part of their pretax salary into the accounts to pay for out-of-pocket medical expenses. Medical supplies on Amazon like glucometers and cold medicine can now be purchased with an HSA or FSA. An Amazon spokesperson told CNBC, "Customers now have the flexibility to use FSA/HSA cards on a wide range of eligible over-the-counter purchases, eliminating the need to pay out-of-pocket or submit receipts for reimbursement." Amazon rival Walmart also allows customers to pay for medical expenses with health savings accounts, according to the report. n

• Cover