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The Costs of Care Value Challenge is a call for innovative ideas and projects for teaching and implementing high value care among collaborative teams of clinicians, educators, quality improvement specialists, and health system administrators.
Health care professionals from any discipline and level of training are invited to submit short abstracts that either describe a project they have already implemented or an idea for a project they believe could have promise in delivering better care at a lower cost.
"Across the country, healthcare providers are finding creative ways to address the growing challenges Americans face in affording care. We're excited to learn from these innovators and help share their insights broadly," says Neel Shah, MD, Founder and Executive Director of Costs of Care.
Costs of Care and the ABIM Foundation are once again launching the Value Challenge to inspire and share innovations among collaborative teams of clinicians, educators, quality improvement specialists, and health system administrators.
The Challenge builds on the ABIM Foundation’s Choosing Wisely® campaign, a national effort that encourages clinicians and patients to have conversations about avoiding unnecessary tests and treatments.
Last year's Challenge amassed over 80 diverse submisisons, with Creating Value winners focused on implementing high-value care in clinical practice and Teaching Value winners focused on improving medical education curricula around delivering high-value care.
Teaching Value Innovator Award - will recognize clinicians who have implemented, or plan to implement, innovative ideas and projects that improve the clinical learning environment in the area of low value care.
Creating Value Innovator Award - will recognize teams of clinicians who have implemented, or plan to implement, innovative ideas and projects that improve value on the frontlines of healthcare.
The Steven Schroeder Award for Outstanding Health Care CEO - will be awarded to a CEO of a hospital or health care system who has demonstrated courageous and ethical leadership addressing the twin issues of affordability and quality of health care in their community. The award will recognize leadership in measurably reducing patient harm and saving dollars at the same time.
The Humana Award for Innovation in Value-based Care - will be given to a healthcare professional that improves or informs the practice of value-based care.
Simply submit your idea or project on the contest submission page.
We welcome entries from healthcare professionals from any discipline and level of training. Abstracts may be no longer than 500 words, which enables participants to repurpose abstracts from meetings or other professional activities. Participants are additionally allowed up to two attachments for supporting figures or documents.
For the Teaching Value Innovator Award and the Creating Value Innovator Award, our expert panel will cull submissions to a list of 6 finalists, which will then be reviewed by our nationally recognized co-chairs. Two winners will be selected for each award.
For The Steven Schroeder Award for Outstanding Health Care CEO, our Costs of Care team will review submissions. One winner will be selected for the award.
For the Humana Award for Innovation in Value-based Care, our Costs of Care team will cull submissions to a list of 3 finalists, which will then be reviewed by Humana's Office of the Chief Medical Officer. One winner will be selected for the award.
Crowd voting will be an important criteria in choosing the finalists, however it is not the only criteria that will be taken into consideration. The top crowd favorite for each award will be chosen as a finalist and the panel of experts will choose the remaining finalists.
Submissions will be judged using our COST Framework: Culture, Oversight, Systems Change, and Training; and the FINER criteria: Feasible, Interesting, Novel, Ethical and Relevant.
The Challenge is open only to individuals who are 18 years of age or older as of the date of entry and who do not reside in a country, state or other jurisdiction where such Challenges are prohibited or restricted.
No, your submission can be purely at the idea stage. You don't need to have started a company, or have a prototype, or have an IRB approval already. Just explain your ideas/plans in the submission form.
You may edit your entry up until the submission deadline. After that, you can communicate with the judges directly to expand and refine your idea. The judges will consider all of your responses as part of the overall submission.
Yes, you can submit as many ideas as you like.
Winners of the Teaching Value Innovator Award, Creating Value Innovator Award, and the Humana Award for Innovation in Value-based Care will be recognized at the Institute for Healthcare Improvement (IHI) National Forum in December 2018 in Orlando, Florida.
Winner of The Steven Schroeder Award for Outstanding Health Care CEO will be recognized at The Leapfrog Group Annual Meeting and Awards Dinner on December 4th, 2018 in Washington, D.C.