3 Ways to Prepare for Value-Based Care

The transition to value-based care is changing the healthcare landscape, and providers who embrace the challenge to measure outcomes, improve quality and manage their bottom line will survive and thrive.

Measure outcomes.

The ultimate goal of every healthcare provider is to improve patient outcomes. But outcomes improvement requires effective outcomes measurement. The business adage “you can’t manage what you don’t measure” presents a challenge for healthcare, where evidence must support sustainable outcomes at 30, 60, 90 days and beyond.

Outcomes measurement depends on the ability to access quality data across the care continuum, from hospitalization through post-acute discharge, and across clinicians, labs, hospitals, pharmacies and departments. Catalyst helps providers integrate enterprise-level, vendor-neutral data sources to eliminate data silos and share knowledge across the organization and with the larger care network.

We partner with providers to define key, patient-centered outcomes that are specific and measurable, and then employ real-time analytics software and data visualization tools to measure and improve them.

Improve quality.

A good measure of quality is the extent to which patients’ needs and expectations are met. Quality and patient experience go hand in hand. Catalyst uses advanced clinical care models and fully-integrated business intelligence technology to help providers identify and close evidence-based gaps in patient care and give clinicians real-time access to track, address and anticipate patient needs.

Catalyst also partners with providers to improve patient safety and quality of care by reducing variability in care delivery. Inconsistency in health care can be costly, frustrating for patients and increase risk. While some variation is an essential part of human-to-human interaction and care, effective benchmarking and reporting practices enable providers to understand and enhance the processes and performance factors that impact their quality of care. Using evidence-based techniques and technology-enabled solutions, Catalyst helps providers manage and improve care quality, outcomes and their patients’ experience.

Manage the bottom line.

Fortunately, most of Catalyst’s quality and performance improvement solutions also help providers manage their bottom line. Managing variability ensures consistent quality and also improves the bottom line by capitalizing on economies of scale and reducing costly and unnecessary tests and hospitalizations.

At Catalyst, we help providers move further up the value curve by eliminating waste from every facet of the delivery system. By optimizing the revenue cycle, aligning staff, and reducing duplication, avoidable services and overutilization, we help providers improve their margins today, and achieve success in the stringent environment of value-based care.

The transition to value-based care is an opportunity to improve outcomes, quality of care, the patient experience and your bottom line.  We’ll help you get there (and exceed your expectations).

Jessica Balgrosky
West Sales Executive

Jessica has extensive experience partnering with hospitals and health systems to drive successful system implementations, ICD-10 conversions, strategic initiatives, revenue cycle and performance improvement projects. Her collaborative approach and technical expertise make her a trusted resource for hospitals and health systems as they adapt to the increasing complexity of value-based reimbursement.