Latest Blogs
-
Kim and Todd Saxton: Go for the gold! But maybe not every time.
-
Q&A: What you need to know about the CDC’s new mask guidance
-
Carmel distiller turns hand sanitizer pivot into a community fundraising platform
-
Lebanon considering creating $13.7M in trails, green space for business park
-
Local senior-living complex more than doubles assisted-living units in $5M expansion
Health care has a branding problem right now.
I’m not talking about the individual health care businesses. (I mean, the fact that the former Clarian Health hospital system convinced Indiana University to let it use its name should go down in history as a great branding coup—at least for the hospital.)
What I mean is that the health care system is going through transformative change—but is doing so under some of the most sleep-inducing names possible.
If Shakespeare were assigned to write about health care in the 21st Century, he’d quip, “Could an ACO by any other name possibly be as dull?”
This became an issue a couple weeks ago when I told my editor that I had a scoop on Franciscan Alliance and Anthem Blue Cross and Blue Shield forming Indiana’s first accountable care organization, or ACO, for commercially insured patients.
“The words ‘accountable care’ and ‘ACO’ make my eyes glaze over,” he said to me. “But I know this is supposed to be important, so go ahead and write about it.”
“Accountable care” has come to serve as an umbrella for various concepts in health care, all of which have soporific monikers.
Pay-for-performance, or P4P
Value-based purchasing
Shared savings
Bundled payments
Second curve
Some people try to use labels like “value-based care” or “population health” or “pay-for-value” as replacements for accountable care. But those names are almost equally vague or punchless or both.
This is too bad because, as I have explained here, this shift to accountable care is a positive change like we haven’t seen in health care in the past 50 years.
Think about it: As recently as five years ago, hospitals attacked new markets by building hugely expensive medical facilities, like those at Exit 10 in Fishers. But as accountable care or value-based care or whatever you want to call it spreads, it is rendering any hospital facility as cost center, which the hospitals will try to avoid sending patients to as often as they can.
Said another way, accountable care is forcing hospitals to get out of the hospital business—at least when we define hospitals as a place where sick patients spend the night to receive medical care.
So, because the dull names are masking the dramatic reality, I tried to come with a few alternatives that are punchier and more descriptive. Some of these are serious and some are tongue in cheek. Some are labels and some are taglines to marketing campaigns I could see hospitals and doctors running.
Hurry in! Aspirin now costs just $3.75 per pill.
Prices slashed! We’ll only charge you an arm this time.
Actually-paying-attention-to-cost care
Finally, doing no harm—to your wallet
No-more-bankruptcy care
Cost-sensitive care
Money-saving medicine
High quality, low cost care
Healthy bodies, healthy budgets
After reading my list, feel free to suggest a few of your own.
Please enable JavaScript to view this content.