5 Ways Modernizing Healthcare Dispatching Makes Value-Based Care Easier
Many Medicare Advantage plans are directing their attention to value-based care as the industry transitions away from fee-for-service. A fee-for-service model reimburses organizations based on the number of services fulfilled. In contrast, a value-based care model encourages organizations to provide quality over quantity. Financial rewards are given to those who promote efficiency and effectiveness within their services.
But what exactly does “value” entail? In this context, value means creating a healthcare experience that focuses on positive and long-lasting outcomes for members, smarter spending, and overall healthier communities.
Value-based care is driven by data, and reports on specific metrics that demonstrate improvement and quality of care are often required. If an organization lacks the proper technology, it may find reaching complex value-based care objectives difficult.
Here are five ways upgrading healthcare dispatching technology makes meeting the goals of value-based care initiatives easier:
1. Managing complex data.
Organizations that lack data management, DATA TRANSPARENCY and who experience reporting irregularities may find it challenging to prove their quality of care and thus, receive reimbursements. If an organization can’t prove the improvements in quality they’re achieving, their efforts are all for naught. Technology that allows for in-depth reporting is key to value-based care success.
2. Providing comprehensive services.
Value-based care emphasizes the need to address social determinants of health and the overall health of the population. Social determinants of health are aspects of a member’s life that can contribute to their health, such as lifestyle and environment. Plans that provide robust services outside of the traditional medical care scope, such as NON-EMERGENCY MEDICAL TRANSPORTATION for appointments, prescription filling, and DME delivery, will see better results.
3. Collaborating between payers and providers.
When plans and providers can easily communicate, care coordination is improved. Outdated methods of communication, such as faxing and making phone calls, delays care for members and muddles the lines of communication between plans and their providers. Implementing intelligent technology allows these lines of communication to flow easily over one system—resulting in members receiving comprehensive and well-rounded care.
4. Tracking members’ health status.
Technology makes obtaining timely information from providers regarding admissions, discharges, procedures, appointments, and transportation services easier. This information helps plans ensure their members are receiving the services they need to stay healthy.
5. Integrating systems.
Integrating systems and housing data from various sources within one system helps to provide breadth, depth, and accuracy for analytical and reporting purposes. Organizations who rely on legacy technology may work off of more than one system, leading to decreased reporting abilities and efficiency.
Intelligent healthcare dispatching technology such as VECTORCARE HUB makes complex data management, providing comprehensive services, communication between payers and providers, tracking members’ health, and integrating systems easy.
CONTACT US today to schedule a demo and see how we can help you reach your value-based care goals.