In order for groups to compete, they need to start collecting and owning both clinical and quality data.
SEAL BEACH, Calif. (Sept. 30, 2015) (PRWEB) October 01, 2015
In light of the increased consolidation within the anesthesia provider market and the rapid healthcare industry transition from fee-for-service to value-based payment models, IT software developer ePreop will officially launch the upgraded AnesthesiaValet™ software suite in San Diego at ASA’s Anesthesiology 2015 meeting in October. Though its official launch will be there, many providers are already using the upgraded AnesthesiaValet, and ePreop has been successfully submitting Qualified Clinical Data Registry (QCDR) data from these clients through the Anesthesia Quality Institute’s (AQI) QCDR. ePreop will head up the event-long presentation, answering questions and walking attendees through demos of the software, which works on mobile phones, tablets and desktops as an integrated tool from most major surgical EHR platforms.
Cofounder and CEO Dr. David Bergman said, “Anesthesia groups are experiencing real pressure in a new marketplace. Maybe the biggest thing we are seeing is increased competition with hospitals moving toward full RFPs. These frequently include a number of large groups offering an increasing number of services with lower stipends. In order for groups to compete, they need to start collecting and owning both clinical and quality data. At the same time, they need to improve their documentation. Payment models are increasingly more documentation-dependent. Group efforts to increase documentation specificity will provide significant value to the contracting facility, ensure appropriate payments, generate higher quality scores, and lead to better outcomes for patients. We have created AnesthesiaValet™ to serve as the group’s outsourced IT department and documentation backbone. AnesthesiaValet™ is a complete middleware platform linking anesthesia groups to their data and everything else they would want in their practice. The timing for this development is ideal and we enjoy providing a simple platform that helps anesthesia groups meet these new demands.”
The Time Is Now. The Centers for Medicare and Medicaid Services (CMS) plans to link up to 90 percent of Medicare payments to value- or quality-based reimbursement methods by 2018. The one clear thing groups can do to control some of this revenue is to successfully participate with a QCDR. While the number of groups signing on through QCDRs is significant coming into 2016, research has shown that only a small percentage of healthcare providers and affiliates are prepared to manage the capitation, bundled payments and quality-based payments that are already beginning to factor so heavily in reimbursement.
Those who remain unprepared for the transition will face great losses under the value-based payment models. Providers and finance departments must recognize that financial risk will no longer be placed on insurers but, rather, on providers.
The Challenge Is Multi-faceted. Physicians tend to struggle when it comes to getting data. In today’s market, anesthesia providers need this information to compete with other groups. Generating accurate documentation is also a challenge. Anesthesiologists must remain focused on preoperative risk and readiness while being sure they are providing anesthesia in a safe and efficient environment. In addition, clinical documentation is complex, continually evolving, and is not part of traditional training, all of which can lead to a dependency on surgeon documentation. This makes the transition to value-based payments even more difficult because it can lead to low-quality reporting, decreased reimbursement, and frustrated surgeons feeling “hassled” by coders. AnesthesiaValet™ addresses these and many other issues in this new world of healthcare reimbursement.
ePreop will introduce the upgraded AnesthesiaValet™ at the start of the event and provide demos for the duration of the meeting. Groups can contact ePreop to find out more about the program and learn how they can incorporate it into their business model. For more information about AnesthesiaValet™, visit ePreop at Booth #4052 at ASA’s Anesthesiology 2015 meeting. Those interested in scheduling a meeting or online demo at the conference can email info(at)epreop(dot)com or visit ePreop’s website.
About ePreop: ePreop, Inc. was founded by a team of independent board-certified physicians determined to remove the complexity of preoperative screening. The company’s mission is to improve patient safety and outcomes by simplifying the entire surgical encounter. ePreop offers two software platforms: SurgicalValet™ and AnesthesiaValet™. The modular software is accessed as an integrated extension of nearly every major surgical EHR on the market today. The HIPAA compliant tools can also be used on mobile phones, tablets, or desktops.