Health Dialog CMO to extol values of SDM at health workshop
Health Dialog chief medical officer Peter Goldbach is slated to speak at the National Quality Forum workshop, “Using Shared Decision Making to Drive Population Health Strategy,” held on March 19 in Philadelphia, where he will join national advocates for shared decision making.
“SDM’s time has come,” Goldbach said. “Extensive data, spanning 20 years of practice, demonstrate clearly its effectiveness in producing better health outcomes for patients while reducing medical costs. Using SDM, patients feel empowered, more informed and more satisfied with their care choices and care providers. With value-based care finally upon us, there is no better time nor method to deliver high-quality, patient-centric, cost-effective care than through the practice of SDM.”
The workshop follows the NQF’s 2017 landmark Call to Action to make SDM a standard of person-centered care and subsequent publication of its “National Quality Partners Playbook: Shared Decision Making in Healthcare,” which the NQF released March 12 at its annual conference. The Playbook is the first of its kind to provide practical, actionable solutions to overcome common barriers to SDM in clinical practice.
SDM is a collaborative process between physicians and patients that may rely on the use of decision aids, which offer evidence-based information about treatment choices to help patients understand their options, consider their personal values and preferences, and prepare them to talk with their provider to make a more informed decision. More than a decade of published studies show SDM reduces elective surgeries, reduces costs, drives better patient outcomes and produces happier patients who are more satisfied with their provider and their care.
The NQF workshop joins the expertise of NQF’s Shared Decision Making Action Team, 20 SDM advocates representing a diverse range of perspectives — patient, provider and health system — with featured speakers, including clinicians from the nation’s most mature, successful SDM programs. Workshop speakers will discuss the fundamental principles of SDM and share key strategies for its successful use across a variety of care settings.
The pre-conference workshop is part of Thomas Jefferson University’s 18th Population Health Colloquium.
Health Dialog, a subsidiary of Rite Aid, is a leading provider of population health management solutions. The company works with the nation’s largest third-party payers, employers and providers to improve the health and wellness of their members, employees and patients while reducing costs and improving performance in key quality measures, such as NCQA’s HEDIS and CMS’ Stars ratings.
Harris Teeter acquires 10 Farm Fresh store locations
Kroger subsidiary Harris Teeter announced Wednesday that it has entered into an agreement with Supervalu and its affiliates to purchase 10 Farm Fresh store locations in the Hampton Roads area of Virginia.
The transaction is expected to be complete in May, 2018. Harris Teeter intends to finalize its remodel and re-opening plans while the stores are closed. Pharmacies at three of the purchased stores will remain open throughout the transition.
“Farm Fresh has a long tradition of operating in Hampton Roads,” Danna Robinson, communication manager for Harris Teeter, said. “These stores make this an especially attractive transaction for Harris Teeter. We plan to invest in remodeling a number of these locations to better serve our shoppers, and we look forward to continuing to expand our offerings to our Hampton Roads neighbors.”
Harris Teeter is committed to serving the communities where it does business. In 2017, Harris Teeter committed more than $90,000 to its nonprofit partners throughout Hampton Roads. This agreement will enable the company to enhance its existing community partnerships with partners such as Foodbank of Southeastern Virginia; The Food Bank of the Virginia Peninsula; United Way of South Hampton Roads as well as hundreds of local schools – grades k-12 through its Together In Education program.
Dollar General reports strong same-store sales gains in fourth quarter
Dollar General on Thursday reported strong same-store sales gains for its fourth quarter amid increased spending at its stores.
The discounter also gave a full-year profit forecast that topped expectations and increased its stock repurchase program by $1 billion.
Dollar General noted that it opened 1,315 new stores — a record for the chain — in 2017. It is putting a big emphasis on remodels in 2018, with plans to remodel 1,000 stores, relocate 100 stores and open approximately 900 new locations.
Net income rose to $712.2 million in the quarter ended Feb.2, from $414.2 million a year ago, benefiting from a $311 million gain due to changes in U.S. tax laws. Excluding one-time items, the discounter earned $1.48 per share, in line with analysts’ estimates.
Net sales rose to $6.13 billion from $6 billion. Same-store sales increased 3.3%, beating analysts’ estimates, due to an increase in average transaction amount. It was Dollar General’s 28 consecutive quarter of same-store sales growth.
For the full fiscal year, net sales increased 6.8% to $23.5 billion. Same-store sales increased 2.7%, due to increases in average transaction amount and customer traffic. The company reported net income of $1.54 billion, or diluted EPS of $5.63, compared to net income of $1.25 billion, or diluted EPS of $4.43, for fiscal year 2016.
The company said it expects fiscal 2018 earnings of $5.95 to $6.15 per share. Analysts were expecting $5.60 per share.
“As we move into 2018, we continue to build momentum behind initiatives that we believe will further enhance our strong value and convenience proposition with consumers and drive long-term success,” said Todd Vasos, Dollar General’s CEO.