Transitioning to Value-Based Care

Written by Kay Jackson, Education and Advisory Manager, Iatric Systems

Value-based Care

In December of 2010, our company started a project to track for the Meaningful Use program. We had many years of prior experience with a RAC tracking tool and this was just another CMS program — right?

Back in 2010 there was very little information to go by, let alone FAQs to help understand the Meaningful Use regulations, but we worked with our beta sites and together an amazing product emerged. 

CMS required Core and Menu Measures to be tracked and reported. We went beyond the standard tracking of numerator and denominator, and also tracked the Yes/No Measures so our customers would have a complete dashboard. We added functionality for notes, attachments, reporting, and quality measures to name a few. At that time we had no idea of the direction of the Meaningful Use program, and just think about all the changes since 2010, such as the Flex 2014 Rule and 2015-2017 Modified Rule.

Tracking regulatory compliance in 2016 is very different than it was back in 2010. I now realize that it is more than just tracking the resulting scores. Our customers need the power to continually analyze data not just for Meaningful Use, but see a clear picture of their overall organizational performance. We need to move from reporting data — looking backward — to using data to improve the overall quality of patient care.

Quality and performance indicators are essential to successfully move from a fee-for-service model to value-based care.

Iatric Systems is releasing an analytics platform in early 2016 that not only tracks key performance indicators, but also mines data so that the hospital can understand its organizational performance to help pave the road for improvement. The offering is called Analytics on Demand™, but I call it the “Single Solution with One Vendor that Addresses Many Needs."

We all are excited about this next generation tool because Analytics on Demand is what our customers need in this new healthcare “instant data” world. Knowledge is key to making the best decisions for improving patient care and making the transition to value-based care. 

Contact us today for a demonstration and see how Analytics on Demand can be the one solution you need in 2016 and beyond.

Topics: Meaningful Use, Value-based Care, Regulatory Compliance, Analytics, Quality Management, Analytics on Demand

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