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Pharmacy OneSource Announces Free Webinar on Value Based-Purchasing and Readmissions Reduction

The fiscal impact of the program will be notable for poor performers and hospital leadership is looking for answers

‚ÄčWolters Kluwer Health, a leading global provider of information for healthcare professionals and students, is hosting a complimentary webinar with Steve Riddle, PharmD, BCPS, FASHP on "An Update on Medicare's Value-based Purchasing and Readmissions Reduction Programs: Positioning Pharmacy as Team Leaders."

The Patient Protection and Affordable Care Act (aka Health Care Reform) has taken a bumpy ride, but with approval from the US Supreme Court the journey continues. Two key programs of the Act that fell under the responsibility of CMS, the Value-based Purchasing and the Hospital Readmissions Reduction Programs, officially went into full operation as of October 1st, 2012 and hospitals were provided the first definitive information on reimbursement penalties for FFY2013. 

The fiscal impact of the program will be notable for poor performers and hospital leadership is looking for answers. These programs provide tremendous opportunity for pharmacists and pharmacy departments to take leadership roles in improving care quality and efficiency. Alignment of pharmacy department goals and activities with the organizational mission is critical to ensure clinical services are well supported.

During this presentation, Riddle will review the key components of the VBP and HRRP, including the alterations and adjustments made by CMS in the last year that may shift for some hospital strategic improvement plans. The role of the pharmacist will be examined across the specific measures and examples of care services as well as business plan strategies related to the VBP and readmissions programs will be discussed.

An Update on Medicare's Value-based Purchasing and Readmissions Reduction Programs: Positioning Pharmacy as Team Leaders
Date: Wednesday, October 31, 2012
Time: 1:00 PM - 2:00 PM ET
Register:  http://www.pharmacyonesource.com/webinars

About the Presenter
Steven M. Riddle, PharmD, BCPS, FASHP currently serves as Vice President of Clinical Affairs for Pharmacy OneSource/Wolters Kluwer Health. Steve has over 25 years of healthcare experience including 15 years of clinical practice in med/surg, intensive care, bone marrow transplant, renal transplant, infectious disease and ambulatory disease management services. Dr. Riddle serves as the Chair for the Section of Ambulatory Care Practitioners for the American Society of Health-Systems Pharmacists. He currently acts as a representative for the ASHP on the Pharmacy Quality Alliance. He served for 3 years as inaugural Chair for the Washington State Pharmacy Association's Health Systems Academy. He is a member of ASHP, ACCP and WSPA and supports these association’s goals of integrating and expanding pharmacy practice to improve patient care. Steve was named a Fellow of ASHP in 2009 and received distinguished leadership awards from ASHP and WPSA. Mr. Riddle's specific professional interests are quality improvement, health care system reform, and wellness centered healthcare.

About Pharmacy OneSource
Pharmacy OneSource® is healthcare's #1 Software-as-a-Service (SaaS) provider. Our more than 100 innovative team members provide best-in-class, SaaS solutions to current and future challenges within health-systems worldwide. Our SaaS solutions contribute to swift and safe healthcare through earlier, easier and better access to data. More than 1,300 healthcare organizations worldwide utilize our HIPAA compliant web-based services.

Pharmacy OneSource is part of  Wolters Kluwer Health, a leading global provider of information, business intelligence and point-of-care solutions for the healthcare industry. Wolters Kluwer Health is part of  Wolters Kluwer, a market-leading global information services company with 2011 annual revenues of €3.4 billion ($4.7 billion).