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Modernizing Clinical Communications, Analytics, and the Revenue Cycle Process in the Era of ACOs Jason Tipton, Director of Value Operations – Holston Medical.

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Presentation on theme: "Modernizing Clinical Communications, Analytics, and the Revenue Cycle Process in the Era of ACOs Jason Tipton, Director of Value Operations – Holston Medical."— Presentation transcript:

1 Modernizing Clinical Communications, Analytics, and the Revenue Cycle Process in the Era of ACOs Jason Tipton, Director of Value Operations – Holston Medical Group Jim Lacy, CFO & General Counsel - ZirMed

2 Jim Lacy, CFO & General Counsel ZirMed

3 Learning Objectives  Identify the clinical and financial challenges that provider organizations face when moving to an ACO model  Assess the workflow, process improvements and strategies that HMG implemented while becoming an ACO  Evaluate the internal challenges and determine which tools, technologies and processes could be applied to their organization  Help attendees sort through the high volume of ACO advice to cut through the noise

4 The Technological & Financial Challenges Operating in an ACO World  Changing market needs and regulatory requirements  Integration of healthcare IT systems  Exchange of clinical data on patient referrals and engagement  Expanding regional storage and of patient records and documents  Selecting the appropriate reimbursement model  Understanding and navigating risk

5 “A health information technology platform that connects providers in the ACO is essential, along with a strong financial database and reporting platform.” -- Commonwealth Fund* Powering ACOs & Reimbursement

6 How will new payment models impact your revenue? Risk  Not being paid for all of the care your organization has provided Opportunity  Improve the quality of care you provide while becoming more efficient and getting paid more for the care you’ve provided

7 Scott R. Fowler, JD, MD, FACOG Holston Medical Group OnePartner HIE Qualuable Medical Professionals – “ACO”

8 Holston Medical Group  Established 1977 – Kingsport, Tennessee  150 primary care physicians, specialists and mid-level providers  Preventive medicine focus  More than 80 primary-care providers  Emphasis on electronic medical record utilization, clinical research and integrated health management  Focused on delivering latest advanced technologies and treatment

9 Patient Centered Approach to Care

10 How to Succeed – In a Value Based World  Provide the highest quality of care with limited resources  “Do more with less” Care Cost

11 Clinical & Financial Challenges: The Shift from Volume to Value  Integrating data from multiple different PMS & EHR systems  Aggregate cost data  Aggregate clinical data  Achieving the most critical success factor for ACO: Patient and Provider Engagement  Patients engaged in management / compliance  Providers engaged with patient and comprehensive record  Providing easy real-time access to comprehensive data from multiple sources

12 ACO Financial Models  Bundled Payments  Capitation-based  Combination  Medicare Shared Savings

13 HOW HMG Built an ACO  Collaborative intelligence  Leveraging economies of scale  Chronic disease management  Less touch required throughout revenue cycle  Incorporating the right technology  Coordinating clinical data  Workflow solutions  Analytics

14 5 Essential Components  Patient / Doctor Engagement  Interactive Data  Footprint – Economies of Scale  Patient Lives  Brand

15 Is It Working? Success Metrics  Contracts / renews  Financial Results ($)

16 Questions ?

17 Thank You! Scott Fowler, MD Scott.Fowler@HolstonMedicalGroup.com 423-857-2091 Jim Lacy Jim.Lacy@ZirMed.com 502-779-4302


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