Building a profitable ACO: Quality data critical for success

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Information about Building a profitable ACO: Quality data critical for success
Health & Medicine

Published on March 3, 2014

Author: CureMDHealthcare



Building a profitable ACO: Quality data critical for success

Building a profitable ACO: Quality data critical for success © CureMD Healthcare

ACOs • New partnerships, collaborations and approaches to care delivery have been devised as the health industry moves from volume-based to value-based payment model • Accountable Care Organizations (ACOs) are an important element of this transformation as providers look to optimize care through cost effective methods • ACOs can succeed if organizations are able to collect, aggregate and share clinical quality data

ACOs • Effective exchange of health data is possible when organizations overcome financial, staff training and technological challenges • Providers need to be ready to manage change, adopt new technology and effectively share patient data • Success of an ACO begins by building reliable health data exchange at the foundation or physician level where patient-encounter begins

EHR Utilization • ACOs or Patient-Centered Medical Homes can improve EHR utilization by – Providing adequate training to enable full use of EHR systems – Helping understand how critical data capturing is at point of care – Enabling electronic connectivity with labs, pharmacies, imaging services, and other participating providers – Connectivity through which physicians can share data with other ACO members – Providing feedback regarding how well the provider is performing against quality metrics

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