Inside Health Policy recently reported that Sanjay Doddamani, a senior adviser at the Center for Medicare and Medicaid Innovation, stated that the center aims to move all beneficiaries in fee-for-service Medicare into alternative payment models by 2025. And while the growth of value-based care has slowed from earlier timelines, such comments do indicate that the federal government appears “all in” on an eventual transition to Medicare payments tied to quality treatment.
With the likelihood that more bundled payment models will be announced in the coming months and years, it becomes more essential that participants have access to sound Medicare data analysis. The goal of MedBen Analytics is to make sure that all providers can benefit from value-based care.
As bundled payment models evolve, MedBen Analytics builds on positive results with targeted enhancements to our software platform using a combination of client feedback, internal studies and external information. In this way, we ensure that providers will have actionable reports to help improve quality of care, reduce length of stays and readmissions, and lower treatment costs, while not significantly affecting administrative workload.
We developed MedBen Analytics to give health systems the insights they need to improve performance – and we earn and keep clients by proving that bundled payment data allows health systems to create standardized care paths for pre-hab, the anchor procedure, and post-acute care. This allows vested physicians to goal set and measure a product line’s overall performance. In the long term, product lines participating in quality-driven bundled payments will realize savings in time and money while increasing patient outcomes over traditional fee-for-service.
If you ever have questions about how MedBen Analytics can benefit your business, please call Manager of Operations Cari Coventry at 800-423-3151, ext. 405 or firstname.lastname@example.org.