As a private primary care practice owner or business manager, how many sleepless nights have you spent worrying about how to keep your practice profitable? In today’s value-based healthcare environment, clinicians face extreme pressure to improve patient experience and outcomes with a dwindling amount of face-to-face contact. In order to survive the changing climate, independent practices need a way to use scarce resources more efficiently and maintain the quality of their patients’ care.
Technology provides the key. It can actually be a life saver by minimizing the administrative burden and helping you manage your patient populations. But to help you enhance care and not detract from it, the right technology solution requires two critical components:
1. Meaningful data
2. A way to share that data throughout the care continuum
Better Data Translates to Profitable Practices.
While some clinicians believe that technology takes away from patient care, too often the data, not the system, is letting them down. Few independent PCPs have access to data outside their own EMR system, and they can’t depend on their patients to fill in the gaps.
In an effort to eliminate disjointed care for patients with chronic or serious illnesses, Acclivity Health has developed a platform that integrates with the EMR to give PCPs a 360-degree view of their patients’ care. The platform collects data from multiple sources — from Medicare and payer claims to pharmacy records, lab reports and scheduling data. It then analyzes that data and reports it in a way that enhances population and care management. The benefits are significant. But optimum results depend on the willingness of providers to share their own data.
In order for the healthcare industry to operate with better data, providers need to understand the value of shared data and be willing to share the data they collect themselves. By sharing the data, every member of the care team can collaborate and ensure the best outcomes possible.
Sharing data can eliminate the ineffective or unnecessary treatments that increase healthcare spending. And it can enable practices not only to meet the terms of their value-based care contracts but also earn significant bonuses payments.
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