Wellcentive – Transitioning to Value Based Care

wellcentive

Quality improvement, revenue growth, and business transformation for providers, health systems, employers, and payers transitioning to value-based care.

WHAT IS POPULATION HEALTH MANAGEMENT?

Population Health Management is the aggregation of patient data across multiple health information technology resources, the analysis of that data into a single, actionable patient record, and the actions through which care providers can improve both clinical and financial outcomes.

HOW IT WORKS

Population Health Management (PHM) seeks to improve the health outcomes of a group by monitoring and identifying individual patients within that group. Typically, PHM programs use a business intelligence (BI) tool to aggregate data and provide a comprehensive clinical picture of each patient. Using that data, providers can track, and hopefully improve, clinical outcomes while lowering costs.

A best-in-class PHM program brings clinical, financial and operational data together from across the enterprise and provides actionable analytics for providers to improve efficiency and patient care. Delivering on the vision of PHM requires a robust care management and risk stratification infrastructure, a cohesive delivery system, and a well-managed partnership network.

While data may be used individually by each hospital or practice, rarely is the same BI tool used across the continuum of care, such as inpatient, hospital outpatient and ambulatory settings. Even less common is a BI tool that integrates information on physician billing, electronic health records (EHR), medical claims, labs and pharmacies.

A successful PHM program will give real-time insights to both clinicians and administrators and allow them to identify and address care gaps within the patient population. A well-developed care management program is the key to better outcomes and cost savings, especially in populations with chronic disease.

Care management is a critical component of PHM, and while the objectives of care management can vary from organization to organization, they tend to revolve around improving patient self-management, improving medication management, and reducing the cost of care – such as admit rates.

OUR HISTORY

Since 2005, Wellcentive has driven quality improvement, revenue growth, and business transformation for providers, health systems, employers, and payers transitioning to value-based care.

Recognized as an industry leader for delivering immediate and tangible results, Wellcentive’s analytics simplify complex data from all points of care, advancing comprehensive care management and payer collaboration.

Customers receive more than $500 million annually in value-based revenue by improving outcomes for 30 million patients, using intelligence gained from 1.5 billion customer data points each month.

OUR VISION

We will be the undisputed leader in population health management through unmatched innovation and partnership with our customers, transforming healthcare and driving superior clinical, financial and human outcomes.

OUR MISSION

We will be the trusted partner for health organizations, physicians, payers and patients to collaboratively transform and manage the care process for populations.

www.wellcentivem.com