If you’re not participating in some type of value-based care (VBC) program yet, you probably will be soon. A 2022 survey by the American Academy of Family Physicians (AAFP) found that 49% of primary care providers (PCPs) are already participating in VBC payment models, and another 18% are preparing for it. But without the right visibility into patient populations, many providers and payers are hesitant to take on downside-risk value-based care (VBC) arrangements.
Now, envision a healthcare landscape where providers are equipped with the tools to efficiently manage at-risk populations while effectively sharing performance insights. In this reality, taking on a share of the financial risk for the health and well-being of a patient population is not only achievable – it’s something you can feel completely confident in doing. An effective analytics platform is at the heart of a successful VBC future.
As a healthcare provider engaged in value-based care models, you must be prepared to share performance insights and manage an at-risk population. This can be a daunting task, and many feel overwhelmed. A typical analytics platform examines historical data to show what happened in the past but often isn’t designed for predicting future performance and identifying risks in patients and populations that could impact VBC programs. But Cedar Gate’s Value-Based Care Analytics platform is designed to give providers the resources and processes necessary to tackle challenges such as:
Many payers and providers engaging in VBC programs try to leverage existing analytics software in these arrangements, and often with limited success. Software that wasn’t built for a value-based care future requires time-consuming and frustrating manual workarounds for staff, limiting its value. It also may not have the predictive capabilities you need to effectively prioritize high-risk patients to stay on track for cost and quality goals.
Cedar Gate’s Value-Based Care Analytics platform is a game-changer for healthcare providers. It offers meaningful insights to identify the most significant factors impacting care quality, costs, and patient satisfaction. And all of that information is available in easy-to-digest existing and custom reports.
With Cedar Gate’s platform, healthcare providers and payers can make data-driven decisions and implement targeted interventions that improve patient care with:
As the healthcare industry transitions to a primarily risk-based world, Cedar Gate’s Value-Based Care Analytics platform is leading the charge. It equips providers with the tools to effectively manage at-risk populations and share performance insights, revolutionizing the way healthcare providers collaborate and make decisions.
The future of value-based care is here, and with the right software tools, you can embrace the change and thrive in this dynamic environment.