TJ Redington is speaking on using Clinically Integrated Networks to develop competency in risk based contracts at the 2023 AAPL Annual Leadership Conference
Featured Speaker: TJ Redington MD, MBA, FACP
Hospital Systems and the clinicians they employ are understandably leery of risk based contracts. Most systems and the providers they employ have little or no experience in risk based environments.
A Clinically Integrated Network (CIN) is a separate legal organization that can serve as a learning environment that pays off rapidly for clinicians and hospital systems entering into risk based arrangements. Specifically, a CIN can be started by their hospital system to focus on their employees and dependents, identify the expensive and soon-to-be expensive lives, case manage the cost drivers, save millions annually, and reward the participating providers. CIN’s give the hospital system a legal safe haven to pay the providers some of the savings that have been realized.
The Christ Hospital Health Network in Cincinnati started a CIN in 2013. It is one of the most successful efforts at controlling costs in the US. We are about a 550-bed hospital with approximately 5000 employees and 12000 covered lives. We have conservatively saved more than 50 million dollars in health care spending for our sponsoring system and have distributed shared savings to our providers every year of our ten-year operation.
In this session, we will show you how to do this. Most hospital systems have the IT and case management infrastructure in place. We will discuss provider engagement and show how the organization can save millions of dollars, lower employee turnover, and have new confidence about entering into risk based contracts.
About the AAPL Annual Leadership Conference
The American Association for Physician Leadership (AAPL) Annual Leadership Conference will be held from Jun 09 – 11, 2023 at JW Marriott Chicago, Chicago, Illinois, United States of America.
The 2023 AAPL Annual Leadership Conference brings together physicians of all levels to exchange knowledge, resources, strategies, and solutions to assist them in shaping the future of healthcare. This three-day conference will equip attendees with expert insights through skills-building leadership sessions, engaging networking experiences and career-enhancing professional development.
The theme, All Physicians Are Leaders, is an introspective look and call to action on how all physicians can reach their fullest potential by becoming and remaining more engaged while inspiring engagement in others. It is also a clear-eyed look at the positive and trusted role physicians exercise in every sector of the healthcare industry. The 2023 AAPL Annual Leadership Conference will provide a unique opportunity to provide engaging and thought-provoking experiences for attendees.