Evidence and Value-Based Purchasing for Value Analysis. Part 3 of 4.

Welcome back for part 3 of our 4-part series! We’re just past the halfway mark in our effort to tell you about the impact of evidence on value-based purchasing (VBP). If you found the previous installments informative, please share these blogs with your fellow supply chain and value analysis professionals. Don’t forget, you can also download our free eBook, Evidence: The 5th Domain of Value-Based Purchasing to read the content of this series in one complete package.

Need to catch up? Here’s part 2.

Let’s review our third VBP domain: Clinical Care (Outcomes and Process).

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Topics: Hospitals, Hayes Blog, Healthcare Evidence

NPR Segment Features Treatments for Low Back Pain

Last week, as part of their “Your Health” segment, NPR aired a piece about the effectiveness of various treatments for low back pain, with a focus on spinal manipulation. Lower back pain is a common complaint to physicians, and, as the article states, a common reason for the prescription of addictive narcotic painkillers. Other interventions can include:

  • Acupuncture
  • Physical therapy
  • Massage therapy
  • Nonsteroidal anti-inflammatory drugs (NSAIDS)
  • Chiropractic treatment
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Topics: Payers, Hospitals, Hayes Blog, Devices, Health Technology Assessments,

Top 3 Hayes Reports: 1st Quarter, 2017

Who doesn’t love lists? Especially lists detailing the best of the best, the most popular, the most in-demand. To that end, we’ve compiled a list of our top three Directory reports for the first three months of the year, in order of retrievals from our Knowledge Center. These three represent a mix of information important to both payers and providers.

If you’re already a subscriber, you can check out these reports at any time. If you’re not a Hayes member…what are you waiting for? Don’t forget, you can also purchase an individual report. Contact us to find out how.

Let’s get to the top three!

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Topics: Payers, Hospitals, Hayes Blog, Health Technology Assessments,

What Is the Role of Value Analysis in Bundled Payment Success?

Last week, I had the distinct privilege of presenting the keynote at the first annual Northeast Regional Conference of the Association of Healthcare Value Analysis Professionals (AHVAP). With the ever-increasing push away from fee-for-service and toward value-based healthcare, I thought it pertinent to discuss the role of value analysis in the success of a health system’s bundled payment initiatives. Specifically, I wanted to highlight the role evidence can play in assisting value analysis professionals in their evidence-based decision making, as well as how it can help them define the part they play in the value-based purchasing environment.

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Topics: Health Technologies, Hospitals, Hayes Blog

“Dumb Data”: If I Only Had a Brain

In early March, Becker’s Hospital Review reported that MD Anderson Cancer Center placed their Oncology Expert Advisor project on hold. Announced in 2013, the joint effort between the hospital and the software giant was to be a revolutionary step forward in the use of “big data” to significantly improve clinical decision making and healthcare delivery. The article cites a number of reasons as to why the initiative was sidelined, not the least of which was cost. However, according to the article, a far more interesting complication arose involving MD Anderson’s electronic health record (EHR) system, which was changed after the program had begun. IBM Watson’s technology no longer communicated with the new EHR system and therefore had outdated information.   

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Topics: Health Technologies, Hospitals, Hayes Blog

On the Horizon: CAR T-Cell Therapy for Cancer Treatment

Traditional cancer treatments include procedures with which we’re all familiar: chemotherapy, surgery, and radiation therapy. But clinicians and scientists continue to work tirelessly to find a cure for the devastating disease. While immunotherapy has been in the news as of late as relates to the treatment of peanut allergies (see our blog, Peanut Allergy Drug Therapies Make National Headlines), there have been advances in its use for the treatment of cancer over the past few years. There are several biologic agents that are FDA approved for different cancers; these targeted therapies are aimed at destroying cancer cells without the troublesome side effects that accompany traditional cancer treatments.  

But there’s something new on the horizon from the world of immunotherapy.

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Topics: Health Technologies, Payers, Hospitals, Hayes Blog

Tips for Supply Chain to Improve Physician Buy-In. Part 4 of 4.

Posted by David Zieve, MD, MHA, Medical Director on March 22, 2017

We’ve reached the final stretch of our physician engagement blog. Thanks for sticking with us! By now, we hope you’ve already applied some of our suggestions as to how to improve your physician buy-in. Don’t forget to share this blog with your supply chain and value analysis peers as well as the physicians in your hospital or health system. While you’re here, download our companion eBook for a lighthearted look at the challenges of physician engagement. Who couldn’t use a good laugh?

Let’s wrap up part 4 with our final piece of advice!

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Topics: Hospitals, Hayes Blog, Health Technology Assessments,

Does Evidence Have a Role in Treating the Opioid Epidemic?

America has an opioid problem.

According to a 2016 report from the American Society of Addiction Medicine (ASAM), drug overdose is the leading cause of accidental death in the U.S., with 52,404 lethal drug overdoses in 2015. Of that number, 20,101 overdose deaths were related to prescription opioid pain relievers and 12,990 overdose deaths were related to heroin in 2015. In 2012, 259 million prescriptions were written for opioids; 80% of new heroin users began by misusing prescription painkillers. 

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Topics: Health Technologies, Payers, Hospitals, Hayes Blog

New Methodology Webinar Focuses on Supply Chain and Value Analysis

Despite the possibility of impending changes to current healthcare regulations, it appears, at least for the moment, that value-based purchasing and bundled payment plans are here to stay. As a result, hospitals and health systems must scrutinize their decision-making processes around health technology acquisitions, product standardization, and utilization management. As part of that process, it is incumbent upon both supply chain/value analysis professionals and clinicians to consider three important questions:

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Topics: Hospitals, Hayes Blog, Health Technology Assessments,

Big Data, MACRA, and Evidence: What’s the link?

By now, it’s probably safe to say that some, if not all, of you have experienced some level of “big data fatigue.” The phrase has become ubiquitous, no matter the industry, although it seems none more so than in healthcare. Indeed, almost every healthcare news source to which I subscribe these days seems to have weekly articles, essays, white papers and blogs about big data. But there’s a common thread often missing from these reports. While they all report on the inevitability of big data’s influence on the healthcare sphere, as well as the manner in which electronic health/medical records (EHR/EMR) will continue to impact the future of care delivery, there is little discussion of the role of evidence as it relates to big data.

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Topics: Hospitals, Hayes Blog, Healthcare Evidence, Medicare