With a growing emphasis on reimbursement models based on value and not volume, clinical pathways are becoming instrumental in improving clinical effectiveness and outcomes while lowering the cost of care.
US experts estimate that 30% of US healthcare expenditures do not positively affect patient outcomes. In addition, it has been a difficult, manual process to determine which 30% is wasteful. Unfortunately, it is a situation that many can relate to.
With the implementation of EHR systems and analytics, healthcare organizations have the tools and the data to identify ideal care pathways, and can reduce or eliminate unjustified care variation and costs.
Most healthcare costs relate to labor, which is driven by patient encounters. Hence, identifying, quantifying and reducing healthcare encounters that are inefficient or unnecessary offer a great opportunity for savings.
By combining holistic industry expertise with extensive knowledge of reimbursement models and performance management in healthcare, we provide a complete solution across three key areas: