combating the cost of care

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COMBATING THE RISING COST OF CARE: CARE COORDINATION AND CHRONIC DISEASE MANAGEMENT March 18, 2013 Kim A. Schwartz Chief Executive Officer Roanoke Chowan Community Health Center

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Presentation by Kim A. Schwartz, MA, Chief Executive Officer, Roanoke Chowan Community Health Center

TRANSCRIPT

Page 1: Combating the Cost of Care

COMBATING THE RISING COST OF CARE:

CARE COORDINATION AND

CHRONIC DISEASE MANAGEMENT

March 18, 2013

Kim A. SchwartzChief Executive Officer

Roanoke Chowan Community Health Center

Page 2: Combating the Cost of Care

Eastern North CarolinaThe per capita income for Hertford County is $15,641, compared to $20,307 for the state, and $21,587 for the country.

US Congressional District 1 – ranked 4th poorest in the nation.

18% of county residents have incomes below 100% of the Federal Poverty Level (FPL), compared to the national rate of 12.3%.

North Carolina ranks 12th nationally in terms of the numbers of health c are uninsured individuals. Hertford County uninsured is at

25.6%

Page 3: Combating the Cost of Care
Page 4: Combating the Cost of Care

Roanoke Chowan Community

Health Center

Robeson Health Care Corporation

Wake Health Services

Greene CountyHealth Services

Piedmont Health Services

GatewayCommunity

Health Center

RCCHC RPM NC Network

Chowan HospitalEast CarolinaHeart Institute

Kinston Community

Health Center

Solid Foundations

Rural Health Group

Ocracoke Medical Center

NC ORH

HRSA OAT

Page 5: Combating the Cost of Care

Analyzed Charges are related to diseases being monitored

RCCHC/PPTN Patient Charge Data Ending June 2009

n=64 Statistically Significant Reductions

Hospital Charges

24 mos. post Telehealth = $438 k

ER Charges

24 mos. post Telehealth = $44 k

Hospital and ER Charges

Page 6: Combating the Cost of Care

Estimated SavingsHospitalization Charges

$4,362,000

Emergency Room Charges

$212,000

Total Savings

$4.5 Million

Page 7: Combating the Cost of Care

Remote Patient MonitoringHow do we pay for it?

Annual savings from remote monitoring could amount to as much as $10.1 Billion for U.S. Residents with congestive heart failure; $6.1 billion for patients with diabetes; and $4.9 billion for patients with COPD. -Wall Street Journal Report

Page 8: Combating the Cost of Care

Emerging TrendsAging of PopulationWireless EfficienciesIndustry AlliancesCost-effectivenessHealthcare market

emphasis on patient experience

Increased costsGovernment pressureDwindling economic

resourcesDecreased healthcare

staffingEmphasis on error

reduction

Page 9: Combating the Cost of Care

Navigating the Future – Primary CareRe

sour

ces

Remote Patient

Monitoring

Affordable Care Act

ACO’s

Meaningful Use

PCMH

Long Term Care Options

Changing Payer Structure

Page 10: Combating the Cost of Care

Challenges and Opportunities• Vulnerable populations – rural & urban

• Equipment/Vendor issues

• Connectivity

• Provider adoption

• Staffing

Page 11: Combating the Cost of Care

Establishing Innovative Partnerships

Page 12: Combating the Cost of Care

Kim A. SchwartzChief Executive [email protected]