Boston-based Harvard Business School's Institute for Strategy and Competitiveness is collaborating with the American College of Surgeons to pilot a value-based care program in 10-15 hospitals around the country.
The program, ACS THRIVE, which stands for Transforming Healthcare Resources to Increase Value and Efficiency, was announced at an event July 18 in Washington, D.C. The 10-15 pilot hospitals will focus on measuring the cost and quality of care associated with three surgical conditions. The results from the initial participants will be used to create a scalable model for hospitals around the country.
"As the patient care model continues to evolve, we must place a premium on providing the utmost quality and efficiency in our hospitals. This program will help hospitals identify clear opportunities to do that," ACS Executive Director David Hoyt, MD, said in a press release.
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