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Physician-directed Cost Savings Reinvestment Program (CSRP) at Stanford
September 3, 2020, 1:00 pm - 2:00 pm CDT
Paul Maggio, MD, MBA, Associate Professor of Surgery & ACMO of Operational Effectiveness, Stanford University Hospital, and Stacie M. Vilendrer, MD, MBA, Instructor and Family Physician, Primary Care and Population Health, Department of Medicine, Stanford School of Medicine.
Stanford Health Care is continually looking to improve the delivery of high-value care – improved patient outcomes at lower cost. This requires an understanding of both the clinical and economic impact of the technologies, drugs, and medical devices that are used to treat patients. Stanford’s Cost Savings Reinvestment Program (CSRP) is an innovative program to encourage physician-directed value improvement projects. Drs. Maggio and Vilendrer share how they developed the program, the kinds of projects that are funded, and the impact these projects have had on both the School of Medicine and Stanford Health Care by sharing some of the realized cost savings from these physician-led improvements.
An Incentive to Innovate