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New Research Shows Continuing Medical Education Saves Healthcare Costs
Date:5/29/2013

WEST HARTFORD, Conn., May 29, 2013 /PRNewswire-iReach/ -- A study has shown that continuing medical education (CME) can save significant costs to the healthcare system even when a modest number of doctors change their practice as a result of what they have learned. The research was presented on May 22 at the 18th Annual Meeting of the International Society for Pharmacoeconomics and Outcomes Research (ISPOR) in New Orleans, LA. The study was conducted by CMEology, West Hartford, CT—a leader in CME and innovator in outcomes research—and presented by Dana Ravyn, PhD, MPH, Scientific Director and Senior Analyst at CMEology.

"With the changing nature of healthcare economics, there was a need to communicate the benefits of CME, and everyone understands costs," said Dr. Ravyn, "Studies have not typically evaluated the economic impact of CME because doing so requires extensive follow up that is both time consuming and cost prohibitive." Using computer models, the authors could inexpensively estimate the range of potential cost savings from CME activities. "Historically few, if any, rigorous economic models have been applied to understanding the impact of CME—by pioneering these efforts, this research is groundbreaking. Efforts like these must be recognized as the future of CME assessment," said Brian S. McGowan , PhD, Chief Learning Officer & Co-Founder of ArcheMedX, Inc. With the availability of these data, stakeholders are now able to make better decisions on how to allocate limited resources as well as evaluate CME programming economic outcomes.

The study evaluated the economic impact when cardiac and thoracic surgeons applied learning from a CME activity about the prevention of bleeding-related complications. The model base case predicted what would happen if 30% of learners prevented bleeding complications in 2% of th
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SOURCE CMEology
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