Forbes June 28, 2016
The Affordable Care Act (ACA) is pushing the healthcare industry from a fee-for-service to a pay-for-performance delivery model. As a result, effective population health management is now more critical than ever. In addition, as Value Based Purchasing (VBP) and a number of related bundled payment alternatives are currently being trialed to determine how hospitals will soon get paid, demand for solutions that effectively combine and distill the underlying data is booming.
Healthcare’s future reimbursements are going to be based on three foundational metrics: the quality of patient outcomes, cost-effective delivery and patient satisfaction. Individual episodes of care (the entire patient experience) will be evaluated against these criteria, requiring hospitals to manage their performance accordingly. And because supply cost and utilization...
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