How Orthopedic Patient Engagement Solutions Help Thrive in the World of Value-based care
- SolvEdge
- May 20, 2021
- 4 mins read
Healthcare organizations have primarily been adopting the Fee For Service (FFS) revenue models for many decades. However, the current value-based reimbursement models have enabled Hospitals and Practices to transition to value-based care rapidly. Many Orthopedic surgeons are neglecting the significance and impact that value-based care could have on their hospitals. Consider that about 25% of Clinicians who participated in an NEJM survey revealed that they were not aware of their organization’s status in value-based care.
The Centers for Medicare & Medicaid Services (CMS) has launched several value-based care programs for orthopedic patient engagement solutions including bundled payments and shared savings. Bundled payments are amongst the most effective value-based payment models in orthopedics, especially in hip and knee replacement surgeries.
For sustainable clinical, operational and financial outcomes, SolvEdge has conceptualized the TripleAim approach—a holistic approach that encapsulates the TripleAim—Clinical, Operational and Financial performance of a healthcare organization, to achieve the long-lasting effects of orthopedic patient engagement solutions.
Managing Value-based Care with SolvEdge’s Orthopedic Patient Engagement Solutions
Patient Engagement Solutions market including the orthopedic patient engagement solutions is prognosticated to reach a staggering $35 Billion by 2027. High prevalence of chronic diseases, increased focus of patients on self-managing care, evolving medical tourism, increasing investments in healthcare IT solutions, favorable government legislations and awareness initiatives are the key components contributing to the growth of patient engagement solutions.
SolvEdge’s orthopedic patient engagement tools deliver the capabilities you need to tackle the new world of value-based accountable care, from pre-procedure preparation to inpatient care, to home recovery.
Patient Engagement Solutions market is prognosticated to reach a staggering $35 Billion by 2027. High prevalence of chronic diseases, increased focus of patient on self-managing care, evolving medical tourism, increasing investments in healthcare IT solutions, favorable government legislations and awareness initiatives are the key components contributing to the growth of patient engagement solutions
SolvEdge’s pre and post-surgery patient engagement solutions include:
Guided Experiences for Patient Engagement. Guided care pathways help your patients on their journey to better health, enabling shared decision-making and patient-physician partnerships
Care Coordination Tools for Team Efficiency. Your care team benefits from our orthopedic patient engagement solution, to manage their caseloads, prioritize tasks and increase efficiency without losing the personal touch
Real-time Analytics for Episodic Intelligence. Powerful analytics and reporting platform harnesses the power of Patient Reported Outcomes (PRO) and combines it with your clinical data and claims data for 3D Episode Analytics, providing actionable insights of your business for reduced risk and better decision making.
CASE STUDY
SolvEdge’s Orthopedic Patient Engagement Tools help a leading orthopedic devices manufacturer gain better transparency into patient care and ultimately drive better outcomes.
Client: Orthopedic Devices Manufacturer
Key Business Challenge: The client is a leading manufacturer of orthopedic devices, wanted to leverage next-gen technologies in the healthcare industry to maximize patient engagement and improve patient outcomes.
- Preventive screenings
- Open-order referral capture
- Survey for unscheduled patients
- Appointment confirmation and reminders
- Portal adoption
- Pre-visit information
- Procedure and DRG
- Infographics and video formats of content
- Indoor wayfinding
- Turn-by-turn directions
- Satisfaction survey
- Medication adherence
- Care plan adherence
- Patient follow-up
- Identifying the popular trends
- Gaining relevant insights into the patient health outcomes
- Scanned and kept track of their patient outcomes
- Implemented new tools and technologies to gain information about the current state of their patient’s health
Result
Gained better transparency into patient care, while seamlessly engaging with patients to enhance their experiences and improving outcomes
SolvEdge’s orthopedic patient engagement solutions are trusted by 450+ Hospitals, 4000+ Physicians and Millions of Patients across the globe. To learn how our orthopedic care coordination tools can accelerate your patient engagement strategy, give us a shout!
