The Advisory Board Company Releases Annual Health Care CEO Survey
Hospital executives see collaboration with physicians as the biggest opportunity to improve health care performance, poll shows
WASHINGTON, March 2, 2015 /PRNewswire/ -- Physician engagement emerged as the biggest opportunity to improve the performance of the American health care system in 2015, according to The Advisory Board Company's Annual Health Care CEO Survey.
More executives were interested in identifying best practices for engaging physicians in cost and quality improvements than in any other topic in the poll – a notable change from the previous year's poll, when physician engagement was the third-ranked area of interest.
In fact, compared to other topics in the most recent poll, survey respondents were twice as likely to rate engaging physicians in cost and quality improvements as their best opportunity to improve performance. Almost 90% of hospital and health system executives expressed interest in engaging physicians in cost and quality improvements.
"Physician engagement has consistently been a strategic priority for progressive provider organizations, and the Advisory Board has been driving best practices research in this area for years. But recently, we have seen it emerge the top strategic priority in the shift to population health," said Chas Roades, Chief Research Officer at The Advisory Board Company. "Our research underscores that physician engagement is imperative to an organization's successful transition to value-based care models. Driving fundamental and sustainable changes to providers' business model is impossible without buy-in from the clinicians on the frontlines of patient care."
The top five areas of greatest opportunity for performance improvement as indicated by the survey results include, in descending order:
- Engaging physicians in cost and quality improvements
- Redesigning service portfolios for population health
- Strengthening primary care physician alignment
- Utilizing direct-to-employer contracting
- Controlling avoidable utilization
"A number of forces—from risk-based payment to more discerning purchasers and consumers—are increasing the importance of clinical practice change and care coordination," said Lisa Bielamowicz, MD, Chief Medical Officer and Executive Director, Research and Insights at The Advisory Board Company. "The survey shows that hospital and health system executives recognize that physicians are a critical partner in implementing the challenging, long-term changes hospitals and health systems are making to better serve their patients."
For its Annual Health Care CEO Survey, The Advisory Board Company surveyed 157 C-suite executive members in December 2014. The firm's membership includes some of the largest and most progressive hospitals and health systems in the United States. Survey questions are based on the Advisory Board's more than 10,000 annual research interviews with health care executives.
For more information and best practices on the transition to value-based care and population health, visit the Advisory Board's Care Transformation Center.
About The Advisory Board Company
The Advisory Board Company is the leading provider of insight-driven technology, research, and services for organizations in transforming industries. Through its innovative membership model, the Company collaborates with more than 230,000 leaders at 5,000 member organizations to elevate performance and solve their most pressing problems. The Company provides strategic guidance, actionable insights, web-based software solutions, and comprehensive implementation and management services. For more information, visit www.advisory.com.
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SOURCE The Advisory Board Company
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