As a result, organizations have both a public health imperative and a clear financial urgency to address the epidemic. A significant portion of opioid-related health care costs are avoidable ED visits or ICU admissions, particularly within the Medicaid population. Health systems stand at the front lines of treatment for this care and bear much of the financial burden, especially as operating cost have all too often increased without a corresponding increase in reimbursement.
Recognizing these realities, hospital and health system executives need to play a major role in addressing this national and local crisis—but the vast and multi-faceted nature of the epidemic can often leave executives feeling overwhelmed and unsure of the best path forward.
Fortunately, you don't have to do this alone. Advisory Board has two brand new resources designed to help hospitals and health systems develop a comprehensive and proactive strategy to combat the opioid crisis:
- A research report featuring nine imperatives that help health care executives understand their role in confronting the epidemic
- An analytical tool, which we developed in partnership with OptumLabs, a scientific research collaborative and co-innovation center supported by over 25 different partnerships with leading health care organizations
Leaders should use the research report to learn the comprehensive approach they need to successfully prevent new cases of opioid addiction and maximize opportunities to expand access to opioid addiction treatment. The briefing includes specific examples of best practices from organizations around the country, such as systems establishing opioid crisis as system-level priority and harnessing existing clinical care standardization strategies to improve prescribing behaviors.
Next, executives should explore our new analytical tool to prioritize potential opioid interventions based on the areas of greatest clinical need within their region. Our new tool offers a clear assessment of the opioid crisis through expert-selected key performance indicators (KPIs), organized into four domains:
- Pain management
- Opioid use disorder treatment
- Maternal, infant, and child health
The tool is pre-populated with OptumLabs data to allow you to see your market's current performance across the KPIs, and your region's clinical areas of greatest opportunity for improvement. These performance metrics will help pinpoint where to focus efforts and assess the success of ongoing interventions.
We will continue to conduct and publish additional research to help hospitals and health systems learn new and effective strategies to combat the opioid crisis.
July 12 webcon: How to rightsize your opioid prescribing
Join us this Thursday at 1 pm ET to learn 15 best practices for reducing unwarranted opioid prescribing.