September 11, 2009 09:59 ET

VHA Executive Joane H. Goodroe to Address the National Hospital Payment Reform Summit

IRVING, TX--(Marketwire - September 11, 2009) - VHA Inc., a national health care network, announced today that Joane H. Goodroe, VHA senior vice president of Innovation, will address the National Hospital Payment Reform Summit to be held in Washington, D.C. on Sept. 16 and 17. Goodroe will present a session titled How Gainsharing Fits into other Hospital-Physician Alignment Strategies at 4:45 p.m., Wednesday, Sept. 16.

Widely recognized as the nation's foremost architect of hospital gainsharing, Joane Goodroe is a respected authority on important topics related to hospital-physician economic alignment. Goodroe's advocacy for innovative approaches to cost-effective medicine that deliver high-quality patient outcomes is especially relevant as the nation wrestles to re-define its health care delivery system. The U.S. Office of Inspector General references gainsharing as an arrangement in which a hospital gives physicians a percentage share of certain reductions in the hospital's costs for patient care attributable in part to the physicians' efforts.

"I am excited about this wonderful opportunity to share my perspective and experience with such a dedicated and intelligent audience," said Goodroe. "More than ever before, our policy makers and thought leaders must collaborate to examine and identify both new and proven initiatives, like gainsharing, to align the incentives of physicians and hospitals that will result in improved cost-savings and improved patient care."

Goodroe's discussion will specifically examine how and why gainsharing is gaining broader acceptance. Since obtaining a favorable advisory opinion from the OIG on its gainsharing program in 2001, Goodroe Healthcare Solutions, a VHA company, founded by Joane Goodroe, has administered gainsharing arrangements for more than 70 hospitals throughout the United States -- modeling those arrangements after the program approved through the OIG advisory opinion process. The success of the Goodroe gainsharing programs is due in large part to the safeguards included in those programs that protect clinical quality while eliminating waste and reducing costs.

Since physicians control 85 percent of hospital costs in specialty service lines, hospitals that face escalating costs usually confront cost-saving limits by working solely to improve price and utilization on clinical supplies and implants. Hospital-physician alignment initiatives like gainsharing serve to further decrease the costs in health care while ensuring that quality is maintained. Demonstration projects administered by the Centers for Medicare and Medicaid in acute care episodes, bundled payments and physician-hospital collaboration confirm the significance of new solutions.

Additionally, Goodroe's presentation will discuss several strategies for achieving hospital-physician alignment to reduce costs, maintain physician choice and measure and preserve high-quality patient outcomes. Session participants will examine gainsharing and analyze its impact on physician decisions, costs, patient clinical outcomes and access to new technologies. The National Payment Reform Conference, the leading national forum on hospital payment reform, readmissions regulation, bundled payments, gainsharing and global capitation is a hybrid in-person and Internet-based event.

About VHA

VHA Inc., based in Irving, Texas, is a national network of not-for-profit health care organizations that work together to drive maximum savings in the supply chain arena, set new levels of clinical performance and identify and implement best practices to improve operational efficiency and clinical outcomes. Formed in 1977, through its 17 regional offices, VHA serves more than 1,400 hospitals and more than 24,000 non-acute care providers nationwide.

About Goodroe Healthcare Solutions, LLC

Since 1994, Goodroe Healthcare Solutions, a VHA company, has been on the forefront of providing cutting-edge information management technologies and processes to help hospitals reduce costs and improve quality. The company has been nationally recognized for its innovative solutions that enable hospitals to increase margins in high-cost specialty areas. In 2001, Goodroe obtained approval for its gainsharing model from the United States Office of Inspector General (OIG). Since this landmark opinion, Goodroe has secured 14 additional approvals for gainsharing programs in hospitals throughout the United States. VHA Inc. acquired Goodroe Healthcare Solutions in October 2005 to help its member hospitals improve their clinical and economic performance in high-cost specialty service areas. Although Goodroe is owned by VHA, Goodroe's gainsharing solutions are marketed to both VHA members and non-VHA member hospitals across the United States.

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