The Pros and Cons of Value Based Systems

value based care

Many healthcare organizations have hired on staff and redesigned or upgraded their infrastructure to support participation in value-based payments. Lacking data management makes it difficult to reach value-based care goals, which could result in hefty penalties.

While many healthcare systems are revamping their infrastructures to promote the value-based payment model, physicians are finding themselves still facing the same challenges this year. These challenges are the same ones we’ve been discussing since the beginning of the performance-based incentives.

Physicians are still finding themselves with inconsistent performance reports, differences in performance measures, little to no staff time, and the relationship between payer and provider lacking transparency. Healthcare organizations are also finding it hard to meet quality expectations associated with performance incentives.

physician

Physicians are worried, even with the value-based care, that patients are not seeing any positive benefit. The overall idea behind value-based care models is one that providers can buy into. But, because of the lack of transparency in data and inconsistency in reporting models, it has not succeeded very well thus far.

Getting ahead is something that most healthcare systems struggle with because they are so busy focusing on patient care to focus on improving patient care. The volume of electronic health records and the amount of healthcare data in their systems cause physician and nurse burnout. Success in the value-based care model is crucial to provide more physician satisfaction.

Some physicians are not implementing the value-based care model being they fear it is too risky with not enough evidence to support that it works. Even still, most experts believe that the value-based care model and incentive payments are going to be the future for healthcare organizations. Implementing these systems now will ensure these healthcare systems are ahead of the game when/if this becomes mandatory.

Fortunately, there are ways to reduce the burden of data collection for merit-based incentive programs. Having an automated document classification system can help find important measures and pull them into a reportable format. This reduces the need for administration or physicians digging through piles of data to find measures that need to be reported on.

If you are finding your healthcare organization is struggling to compile and gather this data to report on, contact us to learn more about how automated document classification and extraction can help you.

Beyond Extraction and Classification

Beyond Extraction and Classification

There's a reason for automated workflows. Document classification is a lot faster and more accurate than having your staff manually enter and scan documents. Read this blog to find out how you can improve your workflows.

Stop Reviewing All Your Faxes!

Stop Reviewing All Your Faxes!

Do you have to review all incoming faxes your organization receives? Are you looking for a way to increase your productivity? Look no further. Read on to learn how you can save time by not having to review each fax manually.

MACRA Rule Changes for 2018 Data

MACRA Rule Changes for 2018 Data

In the beginning of November, the CMS (The Centers for Medicare & Medicaid Services) finalized their MACRA rules for reporting on data in 2018. The changes to these rules are affecting healthcare organizations across the nation as they are scrambling to get prepared. With less than 60 days til the first of 2018, healthcare clinics and practices are ensuring they have what they need for accurate reporting measurements.

The centralized faxing/scanning conundrum

The centralized faxing/scanning conundrum

The centralized vs. de-centralized faxing conundrum seems to be a topic with every healthcare organization we encounter.

In theory, centralizing your incoming documents seems like a grand idea. You have a core group of people who do things consistently, know the documents and are managed by a single department.

How to Help Your Clinicians Find What They Need in the EMR

How to Help Your Clinicians Find What They Need in the EMR

I’m not an “EMR historian”, but my general understanding is that the EMR has and continues to evolve. When it first came to be, the EMR was an electronic replacement of the paper record.

What’s So New About CHR?

What’s So New About CHR?

The leading voices in healthcare are talking about the next big thing on the horizon. That would be CHR (Comprehensive Health Record). But what about the unfinished business that still exists for healthcare records? How do you incorporate the data from incoming external documents that bog down clinics and hospitals? This data comes from faxes, paper, and scanning workflows.

Making Your ‘EHR' More ‘E’

Making Your ‘EHR' More ‘E’

For many years, healthcare organizations all over the country have been transitioning from paper charts to electronic health records. From large hospitals to small clinics, almost everyone has adopted an EHR system to manage the care of their patient population. The shift to an electronic record comes with a number of benefits: increased speed of diagnosis, easier collaboration among care teams, better trending of vitals and test results. One big misconception of this transition is that paper charts and documents are a thing of the past and are no longer a concern.

CMS Innovations: Improvement or Same old, Same old?

CMS Innovations: Improvement or Same old, Same old?

On Wednesday, September 20, the CMS published an RFI requesting feedback "on a new direction to promote patient-centered care and test market-driven reforms that empower beneficiaries as consumers, provide price transparency, increase choices and competition to drive quality, reduce costs, and improve outcomes." Wait. That sounds very familiar, doesn't it? Isn't this what the Affordable Care Act, Meaningful Use, PQRS, MIPS, and a number of other initiatives have tried (or are still trying) to accomplish?

AHIMA Brings Fresh Healthcare Innovation

AHIMA Brings Fresh Healthcare Innovation

The 2017 AHIMA Convention and Exhibit came and went last week. The diverse crowd of junior and senior members of the HIM community coming together is inspiring to see. Spending time sharing ideas and best practices and as the slogan goes, “to inspire, innovate, and lead!”

Is Your Doctor Too Busy For You?

Is Your Doctor Too Busy For You?

Are your doctor visits too short?

Do you find yourself waiting at the doctor’s office forever for your appointment?

I have enough time to catch up on my emails and page through several magazines before the nurse comes to get me.

Extract and the Chinese Parable

Extract and the Chinese Parable

There is a Chinese parable about the farmer who had a horse. One day, the horse ran off. That was bad. A couple days later, the horse came back and brought with it three wild horses. That was good.