By using near real-time patient health records from EMRs along with financial claims data, PSCI presents physicians information that allows them to understand the total cost drivers associated with patient care across the patient population
Dallas, TX (PRWEB) February 22, 2012
PSCI has announced the latest release of its Accountable Care Decision Support platform for advanced quality analytics, which was developed in partnership with a leading patient centric medical home and a large health system. The application analyzes data across many dimensions, and presents real-time facts along the continuum of care. This approach provides a single version of the truth by linking disparate patient records across multiple systems, and eliminates the challenges faced by care providers in identifying and executing on cost and quality improvement opportunities.
PSCI has also developed a new way to measure state-of-health using clinical data from provider EMR systems. For each patient, PSCI State-of-Health (SOH) analyzer calculates the risk or likelihood that the patient will be admitted to an acute care facility in the near future due to a complication from chronic conditions. PSCI’s State-of-Health Analyzer is a clinical data driven population risk stratification tool to help health care providers design care programs to reduce their patient risk for acute illness and minimize the risk of crisis admissions for those that already have an acute illness.
In the past, due to lack of availability of real time clinical data, health care providers had to depend on payer’s claims-driven, retrospective patient risk scores as a surrogate to measure patient state-of-health scores. Because each payer has a proprietary methodology, future utilization predictions were not comparable across payers. As a result, there has been uncertainty for physicians and difficulty creating comprehensive intervention across populations to improve quality and cost of care.
In contrast, using PSCI's SOH Analyzer, physicians and care coordinators understand the causal factors underlying the poor SOH scores and can proactively prescribe clinical care to address the high risk patient’s needs. It is the only application in market that addresses the very specific analysis needs for primary care, and eliminates all barriers to improving the cost and quality of health care delivery. PSCI’s next generation solution:
- Enables primary care physicians to understand causal clinical factors for each incidence of a high patient risk score, diagnose and manage clinical parameters, and lower risk scores by chronic condition;
- Gives clinical teams and care coordinators the right information to design and execute patient-specific care plans at an individual or population level;
- Measures the impact of primary care on acute care costs across the continuum-of-care;
- Analyzes health care data across many dimensions to pinpoint cost-quality improvement opportunities across the continuum-of-care;
- Creates “what-if” scenarios to accurately answers like “What will be the impact on cost and quality if I standardize one best practice (order set) over another across the system?”
PSCI’s entire accountable care solution is delivered as Software-as-a-Service (SAAS) to minimize the burden on IT, especially at a time when IT groups are overwhelmed with implementing EMR, ICD 10 systems.
According to Karen Kennedy, Chief Administrative officer of Medical Center of North Texas, “By using near real-time patient health records from EMRs along with financial claims data, PSCI presents physicians information that allows them to understand the total cost drivers associated with patient care across the patient population. By understanding the clinical cost and quality drivers, physicians make interventions to have a dramatic impact to lower the healthcare cost curve.”
Steve Dobbs is the CEO of Urologic Specialists of Oklahoma and the former CEO of a large acute care facility Hillcrest Medical Center, a part of the Ardent System. He predicts that PSCI will have a much bigger impact across the continuum of care. “With new payment models like ACOs, Bundled Payment, and Value-based Purchasing, executives need to make many more decisions around health care to minimize cost, boost quality, and reduce risk. They’re looking for ways to maximize pay-for-performance, and PSCI serves it up with the ability to run any number of “what-if” scenarios, which is critical to executive decision making.”
PSCI Solutions is a leading provider of innovative advanced clinical and quality analytics combined with decision support technologies for hospital systems, IDNs, medical homes and Accountable Care Organizations (ACOs). PSCI is the only product that brings acute and ambulatory financial, operational, clinical and patient risk data together to model Quality-of-Care improvement opportunities in context of costs. PSCI delivers population state-of-health (SOH) stratification, quality-cost visibility and “what-if” predictive modeling for improving overall healthcare provider performance to meet Triple Aim and pay-for-performance objectives. For more information, please visit: http://www.PSCIsolutions.com , email info(at)pscisolutions(dot)com or phone: 1(469) 519-1043.