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ROI Calculator Fact Sheet

ROI Calculator Fact Sheet

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Published by iggybau

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Published by: iggybau on Apr 24, 2013
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04/24/2013

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Medicaid presents tremendous opportunities to demonstrate the business case for improving health care quality. Of themore than 60 million people served by the program, adults with disabilities represent only one quarter of thepopulation, yet consume nearly 70 percent of Medicaid’s resources. Investing in programs that more effectively managethe care of these high-risk, high-cost beneficiaries can improve health outcomes, reduce unnecessary utilization, andcontrol Medicaid expenditures. This investment can ensure greater value for every Medicaid dollar spent, whileproviding the highest quality care for those who need it most.To help Medicaid stakeholders assess and demonstrate the return on investment (ROI) from proposed initiatives toimprove quality of care, the Center for Health Care Strategies (CHCS) developed the ROI Forecasting Calculator forQuality Initiatives. This web-based tool, made possible through support from the Robert Wood Johnson Foundation, isavailable at
www.chcsroi.org
.
ROI Forecasting Calculator for Quality Initiatives
The
ROI Forecasting Calculator for Quality Initiatives
is designed to help state Medicaid agencies, health plans, andother stakeholders decide where to make investments in quality—or make a financial case for obtaining theresources to make those investments in the first place. The
ROI Forecasting Calculator for Quality Initiatives
is a front-end planning tool that includes four primary components:Based on these inputs, the
ROI Forecasting Calculator for Quality Initiatives
estimates the expected ROI for theproposed quality initiative.
The ROI Evidence Base
Accurate prediction of changes in utilization patterns is among the more challenging aspects of forecasting ROI forquality improvement efforts. To assist in this process, CHCS incorporated an “Evidence Base” dataset feature intothe
ROI Forecasting Calculator for Quality Initiatives
that allows users to automatically populate forecast assumptionsfrom comparable initiatives to improve quality. Within the ROI Evidence Base, users may browse and select fromthe results of published studies, as well as from the results of similar interventions by other states or health plans.
CHCS
Health Care Strategies, Inc.
 
Center for
200 American Metro Blvd., Ste. 119 • Hamilton, New Jersey 08619 • (609) 528-8400 • (609) 586-3679
 fax
 
WWW.CHCS.ORG and WWW.CHCSROI.ORG
ROI Forecasting Calculator
 
for Quality Initiatives
    I    M    P    R    V    I    N    T    H    E     Q    A    L    I    T    Y    F    P    B    L    I    L    Y    F    I    N    A    N    E    D    H    E    A    L    T    H    A    R    E

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