Manage Financial Outcomes – Resource Library
- A Simple Way to Involve Frontline Clinicians in Managing Costs
- Accountable Care Organization Hospitals Differ in Health IT Capabilities
- ACO Beneficiary Engagement Toolkit
- Association of a Care Coordination Model with Health Care Costs and Utilization
- Association of Integrated Team-Based Care with Health Care Quality, Utilization, and Cost
- Critical Lessons from High-Value Oncology Practices
- Factors That Distinguish High-Performing Accountable Care Organizations in the Medicare Shared Savings Program
- Improving Population Health Management Strategies: Identifying Patients Who Are More Likely to Be Users of Avoidable Costly Care and Those More Likely to Develop a New Chronic Disease
- The Characteristics of Physician Practices Joining the Early ACOs: Looking Back to Look Forward
The following resource(s) may be of value:
Health Value Atlas
Financial Management
Manage Financial Outcomes
Organizational capabilities related to understanding and controlling financial outcomes
Note: Some organizational capabilities cross over to other domains. There may also be some degree of capability overlap with Health Equity Advancement, Continuous Quality Improvement, and Health Information Technology domains.
Identify cost drivers
Understand medical and non-medical factors that determine cost outcomes
Optimize workforce
Organize workforce to maximize value
Manage payer relationships
Build and manage collaborative payer relationships
Align provider incentives
Align incentives and efforts with provider partners
Use outcomes-based contracts
Use outcomes-based contracts with vendors as appropriate
Enable financial flexibility
Remove internal barriers to investing in non-traditional activities
Secure capital access
Secure access to capital to make investments and manage risk
Encourage cost-consciousness
Encourage providers and patients to consider cost implications of treatment
Integrate data
Integrate financial and clinical data into a reliable data set
Analyze data
Extract actionable information from data
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