The June edition of Healthcare IT News did a cover story on ways our providers are finding their way forward.
Leveraging data with key technology partners pays off for St. Joseph Healthcare, UnityPoint and Children’s Hospital of Pittsburgh to improve clinical effectiveness.
With the government moving full-throttle toward value-based care initiatives that tie reimbursement to quality, providers have an even greater reason to proactively manage their patient populations to reduce risks across the care continuum.
The U.S Department of Health and Human Services announced in March it had already reached its goal of tying 30 percent of Medicare payments to value-based models in 2016 – nearly a year ahead of schedule. So it seems likely to meet or exceed its mission of having more than half of such payments be value-based by 2018.
It will take more than just data collection and good intentions for providers to survive in the value-based world: they’ll need to leverage analytics as a natural part of the IT strategy.
The problem is that although most healthcare executives see analytics as a tremendous opportunity, too many providers “don’t know what to do with it,” said Dave Dimond, chief technology officer at EMC’s global healthcare business.