You'll Learn:
About the concept of Return on Risk (quantifying and benchmarking quality of care initiatives and turning the results into specific cost savings for insurance and risk management programs, while enhancing internal communication between clinical and financial leaders).
* Strategies to integrate the Return on Risk concept into your quality improvement process.
* How Leapfrog and AHRQ quality standards can impact the industry?s insurance coverage and cost.
* To identify special risk challenges in selected areas and the steps needed to accurately assess opportunities to reduce cost and improve care.
* Competitive advantages in leveraging risk for financial gain.
* An introduction to the Center for Predictive Data and how it will impact the healthcare industry?s ability to reduce cost.

Audio Webcast Summary
This Audio Webcast will help you understand and implement a Return on Risk strategy to streamline the quantification of quality outcome improvement initiatives, how to realize savings in your insurance and risk management programs, and to enhance internal communication and teamwork between clinical and financial leaders. You'll learn the practical concepts for reviewing risk opportunities and how to develop, review and implement changes to your current measurement of quality initiatives. Topics to be covered include:
* An overview of the current risk issues
* Why a new approach to risk management is important to the industry
* Strategies on how to align financial and clinical leaders using evidence-based data as a building block
* How to quantify the financial value of quality improvement outcomes on an organization
* How to use metrics and benchmarks to drive down costs
* How to use your quality initiatives to differentiate your risk in the market and highlight your strengths