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Value-based care: Is your hospital set up for success? Answer these 3 questions. 

by Michael Campana
 
Let's determine how close your organization is to achieving its value-based care goals.

Is your healthcare organization equipped for success in the world of value-based care? That’s a big question. Answering it depends on how well you access, transform and manage your information.

Accurate and reliable data can help organizations make more effective care decisions, facilitate smoother care coordination, reduce administrative complexity and keep patients safe.

In other words, it can support all the pillars of value-based care.

But, it also means you need to evaluate your ability to get data when and where it’s needed, in the format required, and on any device. 

​Accurate and reliable data can help organizations make more effective care decisions, facilitate smoother care coordination, reduce administrative complexity and keep patients safe.

Starting small for big results

As quality is a key driver of value-based care success, it’s important that all areas of your organization are working together efficiently to help drive the best possible outcomes. One way to evaluate this is by asking the following questions:

1. Are we using the best technology for our particular healthcare organization to support patient-centered care?

2. Have we eliminated inefficient paper processes or outdated data management systems that might disrupt processes?

3. Are we delivering the data our providers and staff need, when they need it, in a format that they can easily understand and trust?

Answering “yes” to all of these questions means you’re way ahead of most healthcare organizations! More likely, though, you answered “no,” “sort of” or “I’m not sure” to at least one of these. The good news is that getting closer to your value-based care goals may be more feasible than you think.

You can start today by following these tips:
 

​Making sure data is in the same language across your enterprise is the foundation for information mobility efforts.

 

Standardize data and exchange protocols 

Making sure data is in the same language across your enterprise is the foundation for information mobility efforts. Implementing identical data structures across disparate systems is the ideal solution. If that’s not possible, minimize the points where translation of data is required to help reduce errors and data bottlenecks.

Integrate information systems 

Seamless information exchange across the electronic health record (EHR) systems in your hospitals and physician practices is essential. Limit the number of times users must use documents from other systems by translating those documents into portable data that can be read by all systems.

Calculate the cost of care 

Organizations know exactly what they bill for services, but don’t always know what it truly costs for them to deliver care. Integrating clinical and financial systems can answer those questions and can help you assess your expected performance under value-based care programs. 

IDC white paper: Value-based care

Learn more about achieving value-based care success. 
 
Michael Campana
Michael Campana joined Ricoh in 2012 as Senior Manager of Healthcare Marketing. He brings 27 years of experience to the role to lead the market positioning and strategy for Ricoh’s healthcare industry vertical in the Americas. Campana began his career in the healthcare industry upon graduating from the University of South Florida. He has worked for a number of healthcare organizations, including most recently Siemens Medical Solutions Health Services.