Cost, In Any Other Language #145

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Health Hats, the Podcast

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What does healthcare cost mean? I can’t explain it. Listen to Matt Pickering from Nat Quality Forum help us out. Consider serving as a patient rep with NQF. Blog subscribers: Listen to the podcast here. Scroll down through show notes to read the post. Please support my podcast. CONTRIBUTE HERE Episode Notes Prefer to read, experience impaired hearing or deafness? Find FULL TRANSCRIPT at the end of the other show notes or download the printable transcript here Contents with Time-Stamped Headings to listen where you want to listen or read where you want to read (heading. time on podcast xx:xx. page # on the transcript) Proem.. 1 Introducing Matthew Pickering 05:37. 2 Value to whom? 07:48. 3 Moving from volume to value 11:37. 3 Quality and cost measures help choose plans and providers 13:41. 4 Consumer seats at the table 15:06. 4 Cost, is it real? 17:09. 5 Measures inform and inspire, don’t they? 22:27. 6 Cost is different. Smoke and mirrors? 25:23. 6 Do consumers use this cost and quality information? 27:45. 7 Who would want to sit on this cost committee? 30:51. 8 Participating 34:33. 9 Reflection 36:40  10 Please comments and ask questions at the comment section at the bottom of the show notes on LinkedIn  via email DM on Instagram or Twitter to @healthhats Credits Music by permission from Joey van Leeuwen, Boston Drummer, Composer, Arranger Web/social media coach, Kayla Nelson Inspiration from John Shaw, Danny Sands, Cynthia Cullen, Ellen Schultz, Janice McCallum, Michael Mittelman, Edwin Lomotan, Lacy Fabian, Michael Millenson, Amy Price, Tania Dutta, Uma Kotagal Sponsored by Abridge Links Matthew Pickering LinkedIn National Quality Forum (NQF) Cost and Efficiency Measure Standing Committee Better Ways to Cut Healthcare Waste What Is Value-Based Healthcare? New England Journal of Medicine PCORI: Patient Engagement CMS: Person and Family Engagement Related podcasts and blogs https://health-hats.com/zen_relationshipcentered_measure/ https://health-hats.com/pod137/ https://health-hats.com/infodemiology-too-much-not-enough/ About the Show Welcome to Health Hats, learning on the journey toward best health. I am Danny van Leeuwen, a two-legged, old, cisgender, white man with privilege, living in a food oasis, who can afford many hats and knows a little about a lot of healthcare and a lot about very little. Most people wear hats one at a time, but I wear them all at once. We will listen and learn about what it takes to adjust to life's realities in the awesome circus of healthcare. Let's make some sense of all this. To subscribe go to https://health-hats.com/ Creative Commons Licensing The material found on this website created by me is Open Source and licensed under Creative Commons Attribution. Anyone may use the material (written, audio, or video) freely at no charge. Please cite the source as: ‘From Danny van Leeuwen, Health Hats. (including the link to my website). I welcome edits and improvements. Please let me know. danny@health-hats.com. The material on this site created by others is theirs and use follows their guidelines. The Show Proem If a grocery store, car dealer, hardware store, eBay, Amazon charges $100 for something, how much does it get paid? $100. If a healthcare provider (doctor, physical therapist, clinic, hospital) charges $100, how much does it get paid?  It depends. It depends on the type of insurance, type of patient, service type. Type of insurance might be Medicare, Medicaid, private, none. Patient type means young, old, tall, short, full head of hair, bald, parent, grandparent, child.  No, that would be too easy.  It has nothing to do with the patient. It’s about the relationship with the clinician - acute episode, continuous relationship, referred by another clinician, etc.). Specific types of service (medical, surgical, X-ray, lab, radiation therapy, preadmission testing, more than 200 types).