Improve Quality and Reduce Costs with Value Based Payments and Episodes of Care
Improve Quality and Reduce Costs with Value Based Payments and Episodes of Care
4 PagesImprove Quality and Reduce Costs with Value Based Payments and Episodes of Care Change Healthcare Shares Results on Nationally Recognized Care Model 1 Customer Horizon Blue Cross Blue Shield of New Jersey (Horizon BCBSNJ) Challenge Traditional payment models led to disjointed care and escalating costs Solutions Episodes of Care (EOC) Results • $90 million in savings between 2014-2018 • 30% decrease in costs for EOC-covered procedures • Lower infection and readmission rates • Providers participating in the EOC program shared in the savings with no reduction in payments • 94% overall member satisfaction rate Case StudyImprove Quality and Reduce Costs with Value Based Payments and Episodes of Care 2 The Customer: Horizon Blue Cross Blue Shield of New Jersey (Horizon BCBSNJ). The
