1. The Centers for Medicare & Medicaid Services (CMS) will base
a portion of your hospital reimbursement payments on how
well your hospitals perform in 20 key measures beginning in
fiscal year 2013. Are you ready?
Value-based Purchasing (VBP), a program resulting from the Patient Protection
and Accountable Care Act of 2010, requires CMS to base a portion of hospital
reimbursement payments on how well hospitals perform in 20 VBP measures,
instead of on merely their reporting on those measures.
Moreover, VBP pits your hospitals against the entire market: the cost-neutral
program is funded by withholding money from all hospitals and returning the
funds to those hospitals that meet the performance measurements. You need to
know where your hospitals stand in this value-based purchasing scramble, and
how to improve your scores on the CMS measures so you can earn back any
funds that have been withheld and protect your bottom line.
HCD’s KnowledgeEdge Value-based Purchasing application helps hospitals
track and monitor the quality measures mandated by CMS. A Summary tab
enables you to assess all the VBP measures in one view and see your overall
VBP score. The Process of Care and Patient Experience tabs provide detailed
graphs, charts, and reports for the measures in each of these categories. From
there, you can drill down to the details that determine your score, so you know
exactly which measures need attention and what the financial repercussions
will be if the hospital doesn’t improve. For instance, you can connect each VBP
measure with specific physicians, nurse stations, or other staff – not just with
roles or departments – for full individual accountability.
Value-basedPurchasingApplicationDataSheet
value-based purchasing
The KnowledgeEdge Top of
Hospital dashboard enables
hospital leaders to quickly answer
key questions such as:
 How are hospital admissions
trending over time? Outpatient
visits? ER visits?
 What is the average length of stay
for patients? How does this compare
to our target?
 How many inpatient and outpatient
surgeries were performed last
month? How does that compare to
last month, or a year ago?
 What is our revenue history? What
should our revenue projections be?
 How much cash do we have on
hand? Is that amount in accordance
with our target?
Health Care DataWorks, Inc. (HCD), a leading provider of business intelligence solutions, empowers healthcare organizations to improve
their quality of care and reduce costs. Through its pioneering KnowledgeEdgeTM
product suite, including its enterprise data model, analytic
dashboards, applications, and reports, Health Care DataWorks delivers an Enterprise Data Warehouse necessary for hospitals a nd health
systems to effectively and efficiently gain deeper insights into their operations. For more information, visit www.hcdataworks.com.
To effectively manage the performance of a health
system, leaders at the top of the hospital need
information at their fingertips—in the office, at home
and on the road. Using financial, administrative, and
clinical data integrated from across your organization,
the KnowlegeEdgeTM
Top of Hospital dashboard tells
you what you need to know, wherever you are.
The Top of Hospital dashboard provides an intuitive view into complex
key performance indicators for your health system. At a glance,
administrators and managers can see trends in historic data, compare
actual and budgeted values, and predict future performance for the
hospitals and for the health system as a whole.
For example, you can view the actual history of hospital admissions as
compared to your target numbers.
From any dashboard chart, you can drill down to details, such as how each of
your various business units contributed to the metric you’re interested in.
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Administrative Dashboard DataSheettopofhospital
TM
Create “what-if” scenarios that tie
your performance to revenue gained
or lost
•
See the financial repercussions
due to a decrease in performance
across any VBP domain
•
Adjust your VBP scores to
determine how a percentage
increase in scores could result in
more money back from CMS
•
A built-in VBP Impact Calculator
allows you to:
Health Care DataWorks, Inc. (HCD), a leading provider of business intelligence solutions, empowers healthcare organizations to improve their
quality of care and reduce costs. Through its pioneering KnowledgeEdge TM product suite, including its enterprise data model, analytic dashboards,
applications, and reports, Health Care DataWorks delivers an Enterprise Data Warehouse necessary for hospitals and health systems to effectively and
efficiently gain deeper insights into their operations. For more information, visit www.hcdataworks.com.
The KnowledgeEdge Value-based
Purchasing (VBP) application
enables you to see your overall VBP
score at a glance. It also provides
the details you need about 20 VBP
measures across:
• Process of Care
• Patient Experience