Operational efficiency is critical to achieving success in value-based payment models
To create value and be successful in value-based payment models, you must do more than just check a box. You must:
- Provide data at the point of care to support improved clinical decision making
- Create a "team" which functions and works as one unit with one community record
- Leverage data to affect changes in behavior (for both physicians and patients)
- Drive services and referrals to high-quality, low-cost facilities & providers
- Use data to identify patients with a high risk of hospitalization, readmission, ER utiliation and other costly events
- Create focused efforts on patient interventions and outreach/education where it brings the most value
- Develop programs to target specific needs of the population
- Position you well for success in value-based contract negotiations
- Focus on excellence in quality clinical care and patient experience
- Improve your ability to quickly and easily identify areas of risk and opportunities for immediate improvement
- Enhance the entire organization’s understanding of value-based contracting and the direct affect operations has on your ability to achieve financial and clinical success
- Create an organizational culture which is patient-centric and team-oriented to achieve success
- Speed your success in value performance