Becker's ASC Review

February 2017 Issue of Becker's ASC Review

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33 CODING & BILLING 5 Hospitals, Health Systems Opening or Planning ASCs By Jessica Kim Cohen H ere are five hospitals and health systems that have announced plans for ASCs. Delta Region Authority provided Houston- based Texas County Memorial Hospital $150,000 to open a new surgery center. Cincinnati-based TriHealth selected Fort Mitchell, Ky.- based Paul Hemmer Co. to renovate its new campus in Anderson Township, Ohio, which includes an ASC. Mercy Health-Fairfield (Ohio) Hospital has undertak- en a surgical renovation project totaling $14 million, in- cluding work on its ASC. Seattle-based The Polyclinic and Swedish Medical Center celebrated the opening of the First Hill Surgery Center, the largest independent surgery center in the Pa- cific Northwest, on Nov. 21, 2016. The New Lenox (Ill.) Village Board gave Silver Cross Hos- pital in New Lenox approval to build its ASC. n 20 Staffing Statistics for ASCs By Laura Dyrda H ere are 20 statistics on full time employee staffing for ambulato- ry surgery centers from VMG Health's 2016 Intellimarker Multi-Specialty ASC Study. Nurse FTE Mean: 15 25th percentile: 10 Median: 13.3 75th percentile: 19 90th percentile: 24.7 Tech FTE Mean: 6.4 25th percentile: 3.9 Median: 5.8 75th percentile: 8.5 90th percentile: 11.2 Administrative FTE Mean: 9.5 25th percentile: 5.7 Median: 8.4 75th percentile: 11.2 90th percentile: 15.8 Total FTE Mean: 31 25th percentile: 20 Median: 28 75th percentile: 38.7 90th percentile: 49.9 n The CORE Institute's Condition-based Bundles — A New Approach to Eliminating Waste By Laura Dyrda T he Harvard Business Review profiled Phoenix-based e CORE Institute's new condition-based approach to eliminating unneces- sary care as an alternative to procedure-based bundled payments. In 2009, e CORE Institute took on financial risk for the physician-re- lated medical expenses based on a per member per month fee from the insurance company that totaled around 20 percent of the physician medi- cal expense for care. Now, the practice handles the entire diagnosis-based spend, meaning the provider can choose alternative therapies to surgery. e practice covers all scenarios, whether it's an MRI, hospitalization aer surgery or medication for musculoskeletal pain. e article high- lights three key notes about the diagnosis-based payments: 1. e CORE Institute designed the condition-based bundle to keep patients healthy and prevent further issues. e practice has evidence- based protocols and patient pathways to optimize care as well as a post- operative blood clot clinic to prevent patients from returning to the ER with blood clot-related issues aer surgery. 2. e condition-based model incentivizes physicians to select high value treatment, whether it's operative or nonoperative. 3. The CORE Institute physicians can choose the site of service — a hospital, surgery center or another facility. The CMS bundled pay- ment program currently focuses on hospital admissions, a more ex- pensive site of service. e practice implemented analytics and practice management tools to track patient information and automate functions when possible to remain efficient, effective and compliant. e CORE Institute's IT has become so sophisticated they now have launched predictive analytics tools with the ability to identify the most successful site for patients to recover from surgery, among other uses. Since beginning the condition-based care program in 2012, the or- ganization has reduced per member per month costs by around 50 percent with some at risk patient populations and showed their costs are around 30 percent lower than others in the region. Savings primar- ily came from fewer readmissions aer surgery and discharging fewer patients to nursing homes. "For medical conditions or sets of related medical conditions that can easily be treated on their own, the advantage of the condition- based payment model relative to the global payments model is that the provider is only financially accountable for the types of diagno- ses that it can reasonably influence," wrote David J. Jacofsky, MD, CEO and founder of The CORE Institute, and Derek A. Haas, proj- ect director of the Value-Based Care Delivery initiative and Harvard Business School fellow, in the article. n

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