Distinguished Visiting Professor
Hosted by the Frankel Cardiovascular Center Cardiovascular Medicine Grand Rounds
Health care financing in the United States is transforming from a predominantly fee-for-service, volume-oriented system to one in which the majority of health care will be paid for under arrangements that incentivize value (i.e., the benefits of care relative to the costs). Consequently physicians, provider groups, hospitals, and health systems face the imperative to re-engineer their operations and business practices to optimize health outcomes and patient satisfaction, reduce unwarranted variability, eliminate unnecessary care, and limit costs. Nowhere is this a greater imperative than in cardiovascular medicine, which has achieved remarkable gains in patient health outcomes over the past 50+ years but is also among the most costly domains of American medicine.
Peter W. Groeneveld, M.D., M.S., an Associate Professor of Medicine at the University of Pennsylvania and Director of Research at Penn’s Leonard Davis Institute for Health Economics, will review recent scientific literature examining value in cardiovascular care, discuss his research group’s recent investigations in this area, and describe the challenges faced by cardiovascular medicine—in particular at academic centers—in the “new world” of value-oriented care
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Lisa Hackbarth, (734) 936-5275