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November 2017, Vol. 5, No. 6

Transition to value-based care supported by data analytics

Over the last several years, there has been a significant push by the Department of Health and Human Services to encourage the transition to value-based care. This shift would reward healthcare providers who prioritize improving patients' outcomes. To that end, the federal government has introduced several initiatives around value-based care for Medicare and Medicaid providers. Providers can participate in Merit-Based Incentive Payment Systems and advanced alternative payment models, as well as other pay-for-performance initiatives. Hospital IT leadership is looking to technology to help them support the transition to these new payment models and achieve improved patient outcomes. Key patient indicators The transition to value-based care requires that providers be able to measure and highlight overall improvements in a patient's health. Providers can achieve value-based care by measuring key patient indicators and reducing hospital readmissions and health complications. In general, healthcare professionals agree that providers ...

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