National Academy of Medicine: Free Virtual Conference

Next month the National Academy of Medicine (NAM) will host a series of workshops to discuss transforming our healthcare financing model to one that supports and rewards health and well-being.

It is a free, three-day virtual conference that will explore the challenges and opportunities for financing models to drive health and wellbeing for whole persons and populations. A special study report will follow the workshops, synthesizing the learnings and recommendations.

In this workshop series NAM will explore how to transform fee-for-service health financing approaches into integrated payment approaches designed to drive attention and incentives toward delivery models that are person-centered and holistic. The delivery models will focus on the advancement of individual, community, and population health by examining the advantages and complexities of effective and efficient financing through the lens of access, quality, coverage, and equity, as experienced during the COVID-19 pandemic.

The George Family Foundation is a co-funder of this workshop and believes that this series is an important step in transforming our healthcare system into one that provides incentives to care for the whole person and whole communities from an integrative perspective. We hope you will find time to join us for some or all of the discussions. The agenda is still being finalized, but NAM has assembled an outstanding group of expert voices.

After the workshops NAM and the planning committee will be putting together a special report on the topic to share with multiple groups including payers, providers, plans, patients and the public. A description of the study and workshops and links to register are below. Participation is free. More information is below and the link to register is here: Register Here

National Academy of Medicine: Financing that Rewards Better Health & Well-Being

The COVID-19 pandemic has highlighted the urgent need to transform our current model of health care financing from a system that rewards the volume of services to one that incentivizes real improvements in personal and population health. Despite some progress in recent years, the financial well-being of the health care system is still heavily dependent on the volume and utilization of health care services paid by fee-for-service payments. Shutting down elective surgeries temporarily dealt the health care system a deep financial blow, leading to a loss of 1.4 million health care jobs just in the month of April 2020 and triggering calls for additional emergency funding for hospitals. The fragility of our health care system has never been on such clear display, and the need for practice and payment reform has never been greater. At the same time, not all care delivery systems experienced the same financial hardships due to the decrease in patient visits because of the pandemic. How can we enhance integrated payment models that deliver whole-person health care to a community, as these models fared the best in terms of finances and patient care during the pandemic?

To inform this work, the NAM Leadership Consortium will convene a planning committee of experts, host a three-day symposium focused on accelerating movement away from fee-for-service and toward integrated payment approaches, and then author a NAM Special Publication identifying key priority action areas.

Workshop Dates and Times:

  • Workshop Day 1: Envisioning an Integrated Health Care Delivery and Financing System | May 25, 2021 | 2:00 pm – 5:30 pm ET
  • Workshop Day 2: Levers Underscored during the COVID-19 Pandemic | May 28, 2021 | 1:00 pm – 4:30 pm ET
  • Workshop Day 3: Roadmap for Integrated Payment Approaches to Efficiency, Effectiveness, and Equity | June 2, 2021 | 2:00 pm – 5:30 pm ET

Register Here: