Value-based Care

The Value-based Care trend has seen exponential growth in the past decade and is here to stay. However, it is essential that Hospitals, Medical Practices and Payors establish an analytics-powered, integrated patient engagement framework to optimize the business case of the value-based model. With evolving technologies and constantly changing regulatory policies, Healthcare systems need to focus on these key patient management strategies to transform patient financial experiences and boost clinical, operational & financial outcomes.

Healthcare Interoperability. Interoperability is amongst the key components that can revolutionize value-based care strategies. Interoperability facilitates secure and frictionless data exchange across healthcare systems. As a result, care providers can get 360-degree view of patient data that helps deliver superior patient experiences, accelerate health outcomes, while mitigating the impact of rising operational costs and ultimately reducing expenses.

Chronic disease management is one of the areas where healthcare interoperability plays an even more significant role. Patient engagement solutions that integrate an interoperable environment facilitates chronic care settings where patients are most likely to visit multiple specialists for their health concerns. A unified and highly interoperable patient management platform provides a single view of patients’ critical health records, helping care providers in real-time patient monitoring and timely intervention for maximized health outcomes.

An interoperable care coordination platform simplifies patient-physician experiences, while promoting cohesive and collaborative care. Artificial Intelligence (AI) and Internet of Things (IoT) powered interoperability also help get deeper insights into Social Determinants of Health (SDOH) and population health management.

SolvEdge’s digital patient engagement platform—RippleCare is a holistic solution, packed with comprehensive features that facilitate the federal guidelines and interoperability standards, while enabling care providers and patients get a secure and timely access of their health records.

Analytics. Analytics has a huge impact in delivering value-based care to patients. Massive volumes of critical patient data gathered through various sources including Patient Reported Outcomes (PRO), Patient Generated Health Data (PGHD), through IoT, wearables and other devices play a significant role in driving actionable insights for timely intervention, improved medication and care plan adherence and patient outcomes as a whole. While gathering essential data is critical, care providers also need to focus on legacy modernization, automation and AI technologies to streamline data and optimize workflows for better outcomes.

SolvEdge harnesses the capabilities of next-gen Business Intelligence (BI) tools and solutions to gather relevant patient data that is integrated with our Hospital Reported Outcomes (HRO) platform to give valuable insights on the clinical, operational and financial outcomes. These data are seamlessly integrated into our patient engagement platform to transform them into actionable insights that can boost member experiences, enhance patient engagement and loyalty, while improving patient-physician communication and collaboration. From appointment reminders, patient self-scheduling, patient referrals, smart waitlists, patient feedback, patient recall, consent forms to health screenings, remote patient monitoring, pre & post-operative care and population health management, our data and AI-powered platforms are uniquely designed to provide patients a frictionless journey throughout. Developed by an expert team of Physicians, technologists, PhDs and SMEs the comprehensive care coordination platform packs intuitive features that bring holistic solutions to any Hospital management system.

Also Read:

Healthcare Data Exchange: Interoperability Best Practices

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Achieving True Success in Healthcare Interoperability-Building a Hyper-connected Healthcare Ecosystem

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Social Determinants of Health: Broadening the Horizons with Data-Driven Healthcare

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Leveraging Patient Generated Data to Deliver Rich Patient Experiences & Power-up the Marketing Mix

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The TripleAim Approach: Healthcare Insights that Boost Clinical, Operational and Financial Efficiencies

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Learn more about how SolvEdge’s patient engagement solutions can help accelerate value-based care plans, Give us a shout!