Can Success With Value-Based Reimbursement Happen Without Analytics?
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Can success with value-based reimbursement happen without analytics? You may think this is a rhetorical question, but no. I'm concerned that many provider organization executive teams are not making investments to improve their analytics and metrics-based management capabilities. As more reimbursement is contingent on performance, measurement capabilities and performance management using metrics are key. But they don't happen overnight. The time to build these information systems—and teach management teams how to use them—is passing quickly.
Where we're headed with reimbursement for health and human services is pretty clear—a greater focus . . .