FAQ

Introduction

The Costs of Care Creating 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.

The “Teaching Value” track is aimed at innovative ideas and projects that improve the clinical learning environment in the area of low value care.


The “Creating Value” track is aimed at healthcare delivery systems that best support innovative ideas and projects that improve value. 

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.

Problem Definition

“Tools to provide better care at a lower cost are emerging from all corners of the United States, as well as from across the globe. Nonetheless, platforms to easily share ideas and lessons in implementing these tools are lacking,” said Neel Shah, MD, Founder and Executive Director of Costs of Care. “Through the Creating Value Challenge we hope to inspire and share innovations about what works in improving value in health care."

Costs of Care and the ABIM Foundation are launching the Creating 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 led in conjunction with Consumer Reports that encourages clinicians and patients to have conversations about avoiding unnecessary tests and treatments. While the campaign is helping change the way many clinicians practice, it is equally important for clinicians in training to learn how Choosing Wisely can serve as a foundation for providing appropriate care throughout their careers. To support this work, Costs of Care created the Teaching Value in Health Care learning network to convene leaders in medical education and training to develop engaging curriculum and spread health systems innovations.

How does the Challenge Work?

Simply submit your idea at 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.

Submissions will be judged using our COST Framework: Culture, Oversight, Systems Change, and Training; and the FINER criteria: Feasible, Interesting, Novel, Ethical and Relevant.

For the “Teaching Value” track, a panel of experts will cull submissions to a list of five finalists, which will then be reviewed by our panel of nationally recognized judges. Two winners will be selected.

For the “Creating Value” track, a panel of experts will cull submissions to a list of five finalists, which will then be reviewed by our panel of nationally recognized judges. Two winners will be selected and health systems with 5 or more submissions will be jointly recognized by Costs of Care and The Leapfrog Group.

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 in each track will be chosen as a finalist, and the panel of experts will choose the remaining finalists.

What are the Judging Criteria?

Submissions will be judged using our COST Framework: Culture, Oversight, Systems Change, and Training; and the FINER criteria: Feasible, Interesting, Novel, Ethical and Relevant.

Who can participate in the Challenge?

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.

Do I need IRB or a Formal Project?

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. 

Can I edit my entry after I submit it?

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.

Can I submit more than one idea?

Yes, you can submit as many ideas as you like.

What do I win?

Winners from both the "Teaching Value" and "Creating Value" tracks will be recognized at the Association of American Medical Colleges Integrating Quality (AAMC IQ) Meeting June 8-9, 2017 near Chicago. 

Costs of Care, along with The Leapfrog Group, will jointly recognize health systems that contribute five or more submissions.

Who is the sponsor of Costs of Care Value Challenge 2016?

The Costs of Care Creating Value Challenge is sponsored by Costs of Care, in partnership with the ABIM Foundation.

We also would like to acknowledge the support of our partners.