ATLANTIC CITY, NJ--(Marketwire - September 23, 2010) - GetWellNetwork, Inc., today announced that David Wright, the Company's chief outcomes officer, will address the New Jersey and Delaware chapters of HIMSS on how hospitals can strengthen their position in the "Pay for Performance" provisions of the new health care reform law. The fall regional health information symposium is being held from September 22-24th at the Atlantic City Caesars Hotel and Casino.
Mr. Wright will share with attendees how the "Pay for Performance" model impacts the quality measurements that are being evaluated in the Patient Protection and Affordable Care Act's Value-Based Purchasing and Accountable Care Organizations programs. "Pay for Performance" programs measure a variety of performance indicators such as clinical processes of care, health outcomes, patient safety, patient experience and satisfaction, and information technology investment and use.
Mr. Wright will also explain how leading hospitals and health systems are using interactive patient care technology to achieve evidence-based outcomes and to improve hospital performance in these areas that directly impact "Pay for Performance" provisions.
Without a clear outcomes plan and technology solution in place, hospitals may see dramatic reductions in their Medicare reimbursements as early as October 2012 with payments made based on 2011-2012 performance(1). Using best practices and practical examples from leading hospitals, Mr. Wright will provide insights that will help hospitals formulate their own plans to become "high performers" in the era of health care reform.
"The regional HIMSS conference provides an opportunity to address the key issues hospitals must consider for implementing initiatives that affect the patient care factors of the Pay for Performance provision," said David Wright, chief outcomes officer, GetWellNetwork, Inc. "To ensure continuation of maximum reimbursements from the Federal government, all hospitals need to have a core strategy that helps them excel in the new performance measurements that will be used to calculate their effectiveness in patient treatment."
About GetWellNetwork
GetWellNetwork, Inc. uses the bedside TV to entertain, educate and empower hospital patients and caregivers to be more actively engaged in their care. This patient-centered approach improves both satisfaction and outcomes for patients and hospitals. GetWellNetwork is the leader in interactive patient care solutions and exclusively endorsed by the American Hospital Association. More information about GetWellNetwork can be found at www.GetWellNetwork.com.
(1) More information about CMS' Value-Based Purchasing Program is available at http://www.cms.gov/AcuteInpatientPPS/downloads/HospitalVBPPlanRTCFINALSUBMITTED2007.pdf and http://www.cms.gov/QualityInitiativesGenInfo/downloads/VBPRoadmap_OEA_1-16_508.pdf
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