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FluidEdge Consulting recently developed the ACO-HealthChecK© program in an effort to improve the results of provider-lead care delivery methods.http://www.fluidedgeconsulting.com.
Malvern, PA (PRWEB) February 24, 2014
Healthcare management industry leader FluidEdge Consulting has a solution for Accountable Care Organizations (ACOs) and other provider-lead organizations worried about how their bottom line will be affected after entering into alternative payment or value-based contracting models with Medicare and commercial payers.http://www.fluidedgeconsulting.com
Commercial payers and the Center for Medicare & Medicaid Services (CMS) are trying to reduce cost, provide rate stability, and improve profits by shifting responsibilities and risk onto these new care delivery models. To be successful, ACOs and other provider-lead organizations have or will be implementing new systems, processes, and clinical recourses and programs. This comes at an increased cost for these organizations. However, the financial success for provider-lead care delivery organizations is not assured and the recently reported ACO results from CMS are underwhelming, said Shawn Archambault, president of FluidEdge Consulting.
To address this concern, FluidEdge recently developed The ACO-HealthChecK© program in an effort to improve the results of provider-lead care delivery methods. The ACO-HealthChecK© is our solution to the problem, as it shows current and new ACOs how to optimize their rewards from Medicare and the commercial payers making all their hard work payoff, said Joseph Taylor, vice president - ACO practice leader at FluidEdge.
As part of The ACO-HealthChecK© program, experienced consultants from FluidEdge work with ACOs to evaluate seven key domains. Once any sub-optimal performance areas are identified, strategic recommendations are made to help the ACO achieve greater success. Areas of focus typically include data strategies, analytics, patient stratification, care coordination, clinical program design, workflow, reporting and the improvement of patient outcomes and satisfaction.http://www.fluidedgeconsulting.com
Our work with provider-lead care delivery models shows that when organizations optimize their performance across these domains, patient understanding and stratification is enhanced, clinical performance is improved, and financial results are boosted, Taylor said, adding, New ACOs who engage in this process early on can avoid the unfavorable experiences of the past and obtain maximum shared shavings as well as payer reward payments much more quickly and efficiently.
The process is neither time-consuming, nor expensive either. We are able to review the seven ACO-HealthChecK© domains in just 6 to 8 weeks. Then, we provide meaningful observations, pragmatic recommendations, and an execution plan to ensure success, Taylor explained. Our experienced team also provides quick wins that can be implemented so an ACO can show results and improve performance right away. http://www.fluidedgeconsulting.com
About FluidEdge Consulting
Founded in 2007, FluidEdge has become a leader in the Health Care management and IT consulting market, delivering innovative customer solutions with a highly experienced senior team. FluidEdge has been successful at solving complex concerns for the ever-evolving Health Care industry.
In 2013, Inc. Magazine ranked FluidEdge No. 775 on its Inc. 500 | 5000 list, an exclusive ranking of the nation's fastest-growing private companies. Inc. also ranked FluidEdge #60 on their list of the Top 100 Health Companies in the nation, as well as #13 among the Top 100 Pennsylvania Companies and #16 among those in the Philadelphia Metro Area.
To learn more about FluidEdge Consulting, visit http://www.fluidedgeconsulting.com.
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