With increasingly urgent national concerns about the affordability of healthcare, Costs of Care is proud to partner with the High-Value Practice Academic Alliance (HVPAA) to continue the “Costs of Care Affordability Award,” which will be awarded to one abstract submitted to the HVPAA National Conference that we believe shows the most promise in improving patient affordability (the out-of-pocket costs paid by patients).
While decreasing overuse in hospitals and lowering total costs of care remain critically important goals, initiatives primarily aimed at these targets often do not actually translate into improved affordability for our patients. To decrease out-of-pocket costs, we will need to learn different approaches and measurement strategies. The Affordability Award will be presented at the influential HVPAA National Conference, hosted September 10th-13th, 2020, in Baltimore, Maryland. The winner will have the opportunity to present their abstract during a plenary session at the conference and will receive a $500 award.
Drs. Lewis, Sharma, Akhtar, Young, and Noticewala’s submission “Addressing Polypharmacy One Pill at a Time” focused on improving documentation of polypharmacy, assessment of therapeutic appropriateness of medications, and identification of polypharmacy on the patient problem list in an outpatient resident clinic. Their standardized, multi-intervention approach led to a significant increase in positive outcomes, specifically a discontinuation of 86 unnecessary medications.
Thoughtful projects designed to focus on polypharmacy, resulting in the discontinuation of unnecessary medications, substantially improves the affordability of care for our patients.
Winning submissions will get the opportunity to present at a plenary session during the HVPAA National Conference in Baltimore Maryland. Travel expenses and registration fees will be covered for up to two individuals from each winning entry.
The Student Value Challenge is sponsored by Costs of Care, Choosing Wisely STARS (Students and Trainees Advocating for Resource Stewardship), the HVPAA, and the Mount Sinai High Value Care Committee.