Dallas TX (PRWEB) September 21, 2012
Regus Advisors Inc., http://www.regusadvisors.com announced today the launch of its new division for Accountable Care Organization (ACO).
Daryl Palmer, Managing Partner for Regus Advisors leading the division stated, “If you do things right, then you’ll have engaged physicians delivering value-base services, receiving the benefits of value-based purchasing, The ultimate goal is to care for patients more effectively and to improve care.” The Regus Advisors system of operating and financial management controls designed for ACO control addresses all these issues and more including Medicare Shared Savings.
The Regus Advisors ACO management installation system accounts for the following elements within its structure, Payor Bundled Payment, Clinical Financial Alignment, Performance Driven Incentives. Meeting the five (5) key initiatives for healthcare leaders of meaningful use, 1) value based purchasing, 2) re-admission cuts, 3) accountable care, 4) managing bundled payments, and 5) continued expansion of healthcare IT.
With regard to Clinical Care: the Regus program is Patient Centered Delivery with Improved Quality of Care and Physician Integration working with Evidence Based Medicine.
The Competitive Matrix addressed by the process Regus install provides for Physician Alignment, Market Positioning, Capacity Utilization, with Improved Payor Strategy.
The program will be to triple aim of healthcare of their ACO clients as they structure the services provided within the newly formed ACO’s. These will include 1). Improving the patient’s care experience 2). Improve the overall general health of the population served by the ACO and 3). Radically reduce the cost of care, while dramatically improving communication and efficiency within the ACO for impressive care cost reductions, which in turn will reward the ACO members and patients alike.
It is estimated that only some 11% of the marketplace ACO's were up and running in 2011, and another 57% are expected to come on board by 2014. In terms of the model of the ACO, organizations are equally interested in developing commercial shared savings (43%) and Medicare shared savings (43%). Organizations that are now or planning to be a part of an ACO are interested for a variety of reasons: to engage physicians (56%), because more risk is being shifted to providers (51%), to compete (48%), value-based purchasing (43%), and to provide more resources for clinical integration (43%).
Although rules for accountable care organizations have been finalized, many are operationally unprepared for ACOs and now many see financial risk as a potential stumbling block, therefore Regus Advisors have invested several man years and considerable research to create solutions to navigating the pitfalls of ACO creation, while cognizant of the cost reductions required, as care providers transition from corrective medicine services to preventative medical services which in turn will reward doctors for the improved health of their patient base as opposed to rewards for billing for after the fact corrective recovery services. Regus Advisors will utilize their considerable expertise and experience in advisory division with their management systems and controls by launching a new division, staffed by industry experts, with the specific purpose of assisting physicians, hospitals and health care providers create, manage and control their transition into the required ACO structures mandated under the new health care regulations which will come into effect in 2014.
Regus Advisors will provide a series of sophisticated management and communication protocols and services, utilizing a proprietary operating system of management linked to an advanced financial system of management which will address the needs of this rapidly changing industry. Regus Advisors will utilize their proven industry templates to design, develop, install, implement, teach and train the personnel and services which will fall under the ACO’s domain of influence in relation to patient care, and EHR/EMR controlled access with interoperability and meaningful use.
All of this ultimately provides a detailed and measurable focus on the Patient Experience, providing Enhanced Patient Experiences, Improved Patient Outcomes, Increased Patient Satisfaction which will culminate in an overall reduction of patient anxiety.
Seventy seven percent (77%) of healthcare leaders look for ACO components to include care coordinators or nurse navigators, medical homes (72%), pay for performance (69%), and clinical pathways (69%). The importance of the nurse navigator is gaining recognition for it added value to the financial and care components, but it is surprising that only 45% listed disease registry as a component. Disease Related Groups (DRG) have been a central tool going back a decade. The disease registry is essential to successfully tracking the care of complex patients, assigning accountability to specific physicians, and measuring patient outcomes. Healthcare leaders now believe that within their organizations, an ACO will improve healthcare quality (79%), overall efficiency (70%), population health status (67%), and the patient experience (66%). They are less enthusiastic about ACOs in terms of payer-provider relations, or payer and provider margins.
All of these aspects of variation and need versus want scenarios for individually constructed ACO’s to match the skills of its staff and the requirements of the demographic served, including an aging population, will be addressed in the Regus Advisors ACO program.
About Regus Advisors Inc:
Regus Advisors is a private global Investment Banking and Management Consulting firm that provides strategic and financial advisory services to private and public companies to include; structure, documentation, financing and exit strategies as well as listing on domestic or foreign exchanges. Regus Advisors is not a FINRA/FSA licensed broker/dealer and does not buy/sell securities. For more info visit: http://www.regusadvisors.com
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