Deirdre Baggot is an experienced clinician and hospital executive. She became a pioneer for bundled payments after leading the CMS Acute Care Episode or ACE. Her work led to the leadership and growth of numerous practices focusing on bundled payments and payment reform innovations for two advisory firms in the field of healthcare. She has been responsible for the development of client relationships, implemented strategies and programs for sixty bundles and 200 hospitals. She has improved clinical outcomes and the patient experience while lowering the cost for hospitals and doctors.
Deirdre Baggot has been recognized nationally for her groundbreaking work in the medical field for bundled payments. She has received invitations to be the keynote speaker at a lot of medical conferences. This includes the American Heart Association, Innovation Summit and Bundled Payment Summit. She has written more than twenty papers regarding bundled payments, healthcare reform and payment transformation. She has been featured on National Public Radio, All Things Considered and Planet Money. She served Northwestern Memorial Hospital and the Health System at The University of Michigan for ten years in academic healthcare. Follow Deidre Baggot on Instagram
Deirdre Baggot was educated at the University of Colorado and received her Doctor of Philosophy degree. She earned her Master’s degree in Business Administration at Chicago’s Loyola University. She is a Gregory LaVert Scholar and has a Bachelor of Science in Nursing. She understands the helpless feeling from taking care of an extremely sick patient. She had a patient when she served Chicago’s Northwestern Memorial Hospital and did not know why he was sick. She tried to figure out what the issue was with more diagnostics, labs and tests. This led to a checklist she followed to improve care and reduce excessive treating and testing.
Ms. Baggot has spent a lot of time in conferences and meeting for the past fifteen years. She prioritizes her work, has checklists and deadlines. She conducts research and reads to bring an idea to life. She takes her ideas to a team to advance her thinking and receive guidance. She believes is solving problems and sees a lot of waster and duplication in the field of healthcare.
Technology has impacted virtually all industries in ways not previously dreamed of decades ago. Can the innovations gained from technological advancements extend into the healthcare world? Technology already has found its way into the healthcare industry, which is a good thing. Americans spend more than $3 trillion per year on healthcare costs. Incredibly, Americans don’t seem to gain much of a benefit in terms of quality care in comparison to other parts of the world.
The ways in which technology could cut costs in healthcare do vary in a multitude of ways. One simple — and valuable — tool would be health tracking hardware. Such systems log diagnostic data related to patients affording doctors the ability to review the data prior to treatment. Logged data saves both time and money. The hardware recording such data related to medical records could prove to be a worthwhile investment for patients and hospitals alike.
Drew Madden reflects the type of professional the healthcare industry relies upon. Madden’s multifaceted background includes healthcare information technology and electronic medical records. This background allows him to approach the integration of healthcare and innovative technology in a dynamic manner.
Medical records aren’t the only area in which technology might change the way things are done. Another interesting technological development reveals itself in the concept of a triage and non-app. A call to 911 leading to the dispatch of an ambulance to a scene can save lives. These ambulance rides do come with expensive medical costs, too. A unique triage app may be able to dispatch non-emergency and far less-costly responders. In certain situations, a call to 911 must be done. However, there are non-emergency situations in which a second option may be workable. Currently, no second option exists. In time, a non-emergency app could provide a viable alternative that won’t come with a $2,000 bill.
And then corporate advancements loom on the horizon. An interesting idea in the planning stage involves Amazon’s desire to fill prescriptions through its online platform. CVS and other retail pharmacies might need to make changes and alter costs if such a competitor arrives on the landscape.
The healthcare industry benefits from these and other innovations. Experts such as Drew Madden are frequently called up to help craft necessary innovations. The healthcare industry certainly requires their assistance.