Members of the High Value Healthcare Collaborative will share in a $26 million Innovation Grant announced Friday by the Center for Medicare and Medicaid Innovation (CMMI).
The grant will fund a program to engage patients and implement shared decision making for patients facing hip, knee or spine surgery, and for patients with diabetes or congestive heart failure. The 16 members of the HVHC collectively serve 50 million patients in health systems across the United States.
According to the CMMI announcement, the project will result in savings of $64 million over three years, largely due to reduced utilization and costs that have been shown to occur when patients are engaged and empowered to make health care decisions based on their own values and preferences.
Dr. James N. Weinstein, CEO and President of the Dartmouth-Hitchcock health system, will serve as the Principal Investigator for the grant. Dr. Weinstein started the first-in-the-nation Center for Shared Decision-Making at Dartmouth-Hitchcock Medical Center (DHMC) and conducted the first large-scale clinical trial to incorporate the concept. Shared decision making is a key component of patient care at D-H.
"We know from our experience at D-H that involving patients and families in their treatment decisions, with evidence-based, objective information, results in higher patient satisfaction, superior clinical outcomes, and often, lower costs," said Weinstein. "When patients are well-informed about the risks and benefits of a test, procedure, or treatment, they have more confidence in their decisions and are more satisfied with their outcomes. Our studies have shown that the process also greatly reduces the decisional regret that can occur when patients make treatment choices without good information."
The bulk of the funding will be used to hire and train Patient and Family Activators (PFAs) at the 15 member organizations of the HVHC. Over the three-year grant per
|Contact: Annmarie Christensen|
Dartmouth-Hitchcock Medical Center