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Interview with: Stuart Morris-
Hipkins, SVP & General Manager,
Syncera
“Changes in reimbursement and
alternative payment methods are here
to stay, and likely to expand into other
disease states and specialties. Health-
care is shifting from fee-for-service
towards management and support of
the patient across the entire episode of
care. Hospitals have a lot at stake in
this environment, so they must consider
every single opportunity to reduce
waste, improve efficiency and workflows
in the pre-operative, inter-operative and
post-operative areas, to drive better
patient outcomes,” advises Stuart
Morris-Hipkins, SVP & General Manager,
Syncera. “Hospitals can save millions
just by reducing sterilization costs.
Studies have shown that, depending on
the procedure, 60-85 percent of
instruments are actually never used in
surgery and do not need to be
sterilized,” he points out.
Syncera is a solution provider company
at the marcus evans ACO & Payer
Leadership Summit Fall 2016, in Los
Angeles, California, September 12-13.
What do physicians, hospitals, ACOs
and payers need in this new
environment? How can they be
proactive?
They need to understand the changes
that are occurring in the market and
their true impact. What is the true cost?
How do we actually manage the patient
across the episode? How do we capture
the data? They need a practical plan,
perhaps an episode care manager to
lead the hospital through the changes.
There are a number of elements to
consider, so they must get organized
now. They need to own the approach
themselves in order to really improve
the patient experience and outcome.
Gainsharing and alignment are
motivational tools they can use to focus
on their performance.
Within an episode of care, where
are the key cost savings opportuni-
ties?
You have to look at the episode in a
holistic manner, across pre-op, inter-op
and post-op. At every point in the
journey there is an opportunity to
improve efficiency and provide value
and reduce costs. In the pre-operative
phase, educating patients before they
arrive for surgery, and reviewing
protocols based on patient co-
morbidities to optimize outcomes are
going to be paramount. Inter-op, there
are huge opportunities for savings
around instrument streamlining and
sterilization, around device selection,
and implant waste reduction. Then for
the post acute care phase, making sure
the patient has the appropriate amount
of service and working with the patient
to ensure his/her expectations are clear
prior to surgery is important. Hospitals
have to truly measure outcomes and
costs, and look at every step, to be in a
good position in the future.
What role can the Syncera platform
play here?
There are two major elements to our
offering. First, our technology platform
S2 Procedure Performance reduces the
training time of technicians and nurses
by 40 percent. With S2 we are able to
digitize surgeon preference cards and
analyze which instruments are used and
not used for each procedure. When
those instruments are removed from the
trays, a hospital can realize significant
savings in sterilization costs each time
the procedure is performed. Trays after
trays of instruments go off to surgery,
when only a small fraction of them will
be used. Average savings are USD 150-
400 per patient case, just by looking at
instrumentation, and that does not
include the reduction in training time.
The S2 technology can be used across
procedures for any specialty.
Secondly, we look across the spectrum
to improve the supply chain, help
hospitals understand where their costs
are, where they have waste and provide
real tangible dollar savings. If hospitals
performing 700 hip and knee replace-
ments annually use hip and knee
implants through the Syncera model,
they can drive savings of around USD 4
million over a three-year period.
Trays after
trays of
instruments go
off to surgery,
when only a
small fraction
of them will
be used
Driving Costs Out Across
the Entire Episode of Care
About Syncera
Syncera, powered by Smith & Nephew, is an immediate and sustainable solution to significantly reduce total joint replacement
episode of care costs. Syncera offers healthcare organizations a unique and comprehensive solution including: clinically proven
primary hip and knee implants with 98% survivorship at 15 years; Interactive Digital Solutions that drive sustainable cost
reductions by reducing implant waste, reducing training time, streamlining instrument trays, and supply chain efficiencies; and
ongoing support, and performance metrics. To illustrate the savings, a hospital that does 700 hip and knee procedures a year, over
a three year time period will enjoy savings of over $4million. Syncera is a focused on partnering with hospitals to succeed in the
new healthcare environment.
www.syncera.com
About marcus evans Summits
marcus evans Summits are high level business forums for the world’s leading decision-makers to meet, learn and discuss
strategies and solutions. Held at exclusive locations around the world, these events provide attendees with a unique opportunity to
individually tailor their schedules of keynote presentations, case studies, roundtables and one-on-one business meetings.
For more information, please visit: www.marcusevans.com
Upcoming Events
Hospital Payment Strategy Summit - http://hospitalpayment.marcusevans-summits.com
National Healthcare CFO Summit - www.nhcfosummit.com
National Healthcare CXO Summit - www.nhcmiosummit.com
To view the web version, please click here: http://events.marcusevans-events.com/aco2016-stuart-morris-hipkins
The marcus evans Summits
groups deliver peer-to-peer
information on strategic matters,
p r o f e s s i o n a l t r e n d s a n d
breakthrough innovations.
Please note that the Summit is a
closed business event and the
number of participants strictly
limited.
About the ACO & Payer Leadership Summit Fall 2016
The ACO & Payer Leadership Summit is the premium forum bringing senior level
executives from both public and private health insurance plans, ACOs, integrated
hospital systems and independent physician groups together with solution
providers. Taking place at The Langham Huntington, Pasadena, Los Angeles,
California, September 12-13, 2016, the Summit includes presentations on the next
generation of population health, value-based insurance product design, data driven
decision making, mastering care management, physician engagement and post-
acute partnerships for accountable care.
http://acopayerleadership.marcusevans-summits.com
Contact
Sarin Kouyoumdjian-Gurunlian, Press Manager, marcus evans, Summits Division
Tel: + 357 22 849 313
Email: press@marcusevanscy.com
For more information please send an email to press@marcusevanscy.com
All rights reserved. The above content may be republished or reproduced. Kindly
inform us by sending an email to press@marcusevanscy.com

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Driving Costs Out Across the Entire Episode of Care-Stuart Morris-Hipkins, Syncera

  • 1. Interview with: Stuart Morris- Hipkins, SVP & General Manager, Syncera “Changes in reimbursement and alternative payment methods are here to stay, and likely to expand into other disease states and specialties. Health- care is shifting from fee-for-service towards management and support of the patient across the entire episode of care. Hospitals have a lot at stake in this environment, so they must consider every single opportunity to reduce waste, improve efficiency and workflows in the pre-operative, inter-operative and post-operative areas, to drive better patient outcomes,” advises Stuart Morris-Hipkins, SVP & General Manager, Syncera. “Hospitals can save millions just by reducing sterilization costs. Studies have shown that, depending on the procedure, 60-85 percent of instruments are actually never used in surgery and do not need to be sterilized,” he points out. Syncera is a solution provider company at the marcus evans ACO & Payer Leadership Summit Fall 2016, in Los Angeles, California, September 12-13. What do physicians, hospitals, ACOs and payers need in this new environment? How can they be proactive? They need to understand the changes that are occurring in the market and their true impact. What is the true cost? How do we actually manage the patient across the episode? How do we capture the data? They need a practical plan, perhaps an episode care manager to lead the hospital through the changes. There are a number of elements to consider, so they must get organized now. They need to own the approach themselves in order to really improve the patient experience and outcome. Gainsharing and alignment are motivational tools they can use to focus on their performance. Within an episode of care, where are the key cost savings opportuni- ties? You have to look at the episode in a holistic manner, across pre-op, inter-op and post-op. At every point in the journey there is an opportunity to improve efficiency and provide value and reduce costs. In the pre-operative phase, educating patients before they arrive for surgery, and reviewing protocols based on patient co- morbidities to optimize outcomes are going to be paramount. Inter-op, there are huge opportunities for savings around instrument streamlining and sterilization, around device selection, and implant waste reduction. Then for the post acute care phase, making sure the patient has the appropriate amount of service and working with the patient to ensure his/her expectations are clear prior to surgery is important. Hospitals have to truly measure outcomes and costs, and look at every step, to be in a good position in the future. What role can the Syncera platform play here? There are two major elements to our offering. First, our technology platform S2 Procedure Performance reduces the training time of technicians and nurses by 40 percent. With S2 we are able to digitize surgeon preference cards and analyze which instruments are used and not used for each procedure. When those instruments are removed from the trays, a hospital can realize significant savings in sterilization costs each time the procedure is performed. Trays after trays of instruments go off to surgery, when only a small fraction of them will be used. Average savings are USD 150- 400 per patient case, just by looking at instrumentation, and that does not include the reduction in training time. The S2 technology can be used across procedures for any specialty. Secondly, we look across the spectrum to improve the supply chain, help hospitals understand where their costs are, where they have waste and provide real tangible dollar savings. If hospitals performing 700 hip and knee replace- ments annually use hip and knee implants through the Syncera model, they can drive savings of around USD 4 million over a three-year period. Trays after trays of instruments go off to surgery, when only a small fraction of them will be used Driving Costs Out Across the Entire Episode of Care
  • 2. About Syncera Syncera, powered by Smith & Nephew, is an immediate and sustainable solution to significantly reduce total joint replacement episode of care costs. Syncera offers healthcare organizations a unique and comprehensive solution including: clinically proven primary hip and knee implants with 98% survivorship at 15 years; Interactive Digital Solutions that drive sustainable cost reductions by reducing implant waste, reducing training time, streamlining instrument trays, and supply chain efficiencies; and ongoing support, and performance metrics. To illustrate the savings, a hospital that does 700 hip and knee procedures a year, over a three year time period will enjoy savings of over $4million. Syncera is a focused on partnering with hospitals to succeed in the new healthcare environment. www.syncera.com About marcus evans Summits marcus evans Summits are high level business forums for the world’s leading decision-makers to meet, learn and discuss strategies and solutions. Held at exclusive locations around the world, these events provide attendees with a unique opportunity to individually tailor their schedules of keynote presentations, case studies, roundtables and one-on-one business meetings. For more information, please visit: www.marcusevans.com Upcoming Events Hospital Payment Strategy Summit - http://hospitalpayment.marcusevans-summits.com National Healthcare CFO Summit - www.nhcfosummit.com National Healthcare CXO Summit - www.nhcmiosummit.com To view the web version, please click here: http://events.marcusevans-events.com/aco2016-stuart-morris-hipkins The marcus evans Summits groups deliver peer-to-peer information on strategic matters, p r o f e s s i o n a l t r e n d s a n d breakthrough innovations. Please note that the Summit is a closed business event and the number of participants strictly limited. About the ACO & Payer Leadership Summit Fall 2016 The ACO & Payer Leadership Summit is the premium forum bringing senior level executives from both public and private health insurance plans, ACOs, integrated hospital systems and independent physician groups together with solution providers. Taking place at The Langham Huntington, Pasadena, Los Angeles, California, September 12-13, 2016, the Summit includes presentations on the next generation of population health, value-based insurance product design, data driven decision making, mastering care management, physician engagement and post- acute partnerships for accountable care. http://acopayerleadership.marcusevans-summits.com Contact Sarin Kouyoumdjian-Gurunlian, Press Manager, marcus evans, Summits Division Tel: + 357 22 849 313 Email: press@marcusevanscy.com For more information please send an email to press@marcusevanscy.com All rights reserved. The above content may be republished or reproduced. Kindly inform us by sending an email to press@marcusevanscy.com