Health Hats, the Podcast

Health Hats, the Podcast


Cost, In Any Other Language #145

October 17, 2021

What does healthcare cost mean? I can’t explain it. Listen to Matt Pickering from Nat Quality Forum help us out. Consider serving as a patient rep with NQF.

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Episode Notes
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Find FULL TRANSCRIPT at the end of the other show notes or download the printable transcript here
Contents with Time-Stamped Headings
to listen where you want to listen or read where you want to read (heading. time on podcast xx:xx. page # on the transcript)
Proem.. 1
Introducing Matthew Pickering 05:37. 2
Value to whom? 07:48. 3
Moving from volume to value 11:37. 3
Quality and cost measures help choose plans and providers 13:41. 4
Consumer seats at the table 15:06. 4
Cost, is it real? 17:09. 5
Measures inform and inspire, don’t they? 22:27. 6
Cost is different. Smoke and mirrors? 25:23. 6
Do consumers use this cost and quality information? 27:45. 7
Who would want to sit on this cost committee? 30:51. 8
Participating 34:33. 9
Reflection 36:40  10
Please comments and ask questions

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Credits
Music by permission from Joey van Leeuwen, Boston Drummer, Composer, Arranger
Web/social media coach, Kayla Nelson
Inspiration from John Shaw, Danny Sands, Cynthia Cullen, Ellen Schultz, Janice McCallum, Michael Mittelman, Edwin Lomotan, Lacy Fabian, Michael Millenson, Amy Price, Tania Dutta, Uma Kotagal

Sponsored by Abridge

Links
Matthew Pickering LinkedIn
National Quality Forum (NQF) Cost and Efficiency Measure Standing Committee
Better Ways to Cut Healthcare Waste
What Is Value-Based Healthcare? New England Journal of Medicine
PCORI: Patient Engagement
CMS: Person and Family Engagement
Related podcasts and blogs
https://health-hats.com/zen_relationshipcentered_measure/
https://health-hats.com/pod137/
https://health-hats.com/infodemiology-too-much-not-enough/
About the Show
Welcome to Health Hats, learning on the journey toward best health. I am Danny van Leeuwen, a two-legged, old, cisgender, white man with privilege, living in a food oasis, who can afford many hats and knows a little about a lot of healthcare and a lot about very little. Most people wear hats one at a time, but I wear them all at once. We will listen and learn about what it takes to adjust to life's realities in the awesome circus of healthcare. Let's make some sense of all this.
To subscribe go to https://health-hats.com/
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The Show
Proem
If a grocery store, car dealer, hardware store, eBay, Amazon charges $100 for something, how much does it get paid? $100. If a healthcare provider (doctor, physical therapist, clinic, hospital) charges $100, how much does it get paid?  It depends. It depends on the type of insurance, type of patient, service type. Type of insurance might be Medicare, Medicaid, private, none. Patient type means young, old,