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How to Improve Shared Decision-Making and Informed Consent
To truly engage patients in shared decision-making and provide proper informed consent, clinicians not only need the appropriate risk data, but they need to share it with patients and document these conversations.
Shared Risk May Be Key to Future Growth Opportunities
COVID-19 has taken a catastrophic financial toll on health care providers, with an estimated $202.6 billion loss between March and June for hospitals alone. This precipitated a sectorwide downgrade by Moody’s and FitchRatings from stable to negative. Innovation within this context may mean more shared-risk opportunities vs. traditional vendorbuyer relationships, notes Andy Shin, chief operating officer for the AHA’s Center for Health Innovation, in a recent blog.