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|Measuring and Benchmarking SNF Performance Metrics for ACOs and MA Plans|
With expenditures for
skilled nursing facility (SNF) services over $40 billion for the
Medicare population, SNF services are a significant area of focus for
Medicare accountable care organizations (ACOs), Medicare Advantage
health plans, and participants in other Medicare programs, such as
bundled payments. These organizations strive to provide more
cost-efficient healthcare, and reducing admissions to SNFs and managing
costs during SNF stays are both important ways to control and reduce
spending for SNF services.
In focusing on the latter, plans, ACOs, and health systems have sought to understand how they should measure the performance of SNFs, how to appropriately benchmark performance, and how much opportunity they have to reduce spending for SNF services by steering patients to more cost-efficient SNFs. In this webinar, a framework and metrics for measuring SNF performance is discussed, followed by an exploration of SNF performance levels across the United States in order to provide a quantitative assessment of the opportunity to reduce spending for SNF services through steerage of patients to more cost-efficient SNFs.
This examination of SNFs involves evaluation of utilization and expenditure metrics including: Average length of stay; Inpatient transfer rate; Inpatient readmission rate; Average emergency department (ED) visits per 100 days; Average paid per day; Average paid per discharge; and Average paid per discharge, including inpatient transfer costs.
Please join us Tuesday, March 14th, 2017 at 1 PM Eastern as Milliman's Jill Herbold and Anders Larson discuss their research and insights on SNF performance metrics. Click here for detailed information and to register or call 209.577.4888.
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