G2 WORKS ANALYTICS SOLUTIONS: VALUE-BASED PURCHASING

As part of CMS’s effort to improve quality of care, Value-Based Purchasing (VBP) measures hospital performance in the following four categories: Efficiency, Outcomes, Patient Experience of Care (HCAPHS) and Process of Care. Under the program, CMS provides bonus payments to participating hospitals that achieve high performance—and have the data to prove it. Meanwhile, it penalizes underperforming hospitals with reimbursement reductions. For FY15, the adjustment rate is 1.5% (which can average over $1 million per hospital). In FY16, the rate increases to 1.75%.

Is your facility headed for rewards . . . or penalties?

G2 Works offers timely analytics services to support better performance under VBP. We track your clinical documentation, translate the data into actionable information, and proactively notify clinical leadership of the data points and trends that could negatively impact your payment adjustment. Best of all, our experts use the data collected through your current systems, with no additional technology required and no intrusive changes to workflows.

Key Services

    • Assess the current state of all VBP measures and map critical data elements for measurement, reporting and intervention
    • Continuously validate data quality and integrity
    • Conduct weekly data reviews to identify clinical intervention as needed
    • Identify and alert leadership of ongoing trends or issues in the data that suggest need for performance changes within specific categories, every 24 hours
    • Continuously monitor dollar value of intervention and correction in performance

Want to learn more about G2 Works Analytics Services?

Call 888.310.0733 or email us at info@g2works.com.