As hospital payments shift toward value-based and shared financial risk reimbursement - particularly bundled payments - they face numerous challenges including internal cost reduction, readmission management and post-acute care management. They require solutions that lead to greater cooperation between hospital administrators and physicians. Up-to-date, actionable information and tools are necessary for patient management before admission, during the inpatient stay, during care transitions and for post-acute management throughout the entire episode of care. hMetrix offers an array of solutions for all of these needs.
Bundled (or episodic) payments are designed to improve care and reduce cost by aligning the incentives of hospitals, physicians, and post-acute care providers for a particular episode. hMetrix' episode analytics toolkit helps providers monitor and track episodes, identify variance and target opportunities for improvement.
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hMetrix’ SAVE is a unique solution designed to identify clinical practice variation during inpatient admissions and prioritize initiatives to address this variation. SAVE is designed to assess internal hospital cost centers for multiple cost drivers ranging from room & board to drugs, supplies and implants. By presenting the identified opportunities in an easy-to-use, visually lucid, secure portal, SAVE provides a financially informed pathway that leads to optimal decision making. System and service line leaders from business, clinical, and IT domains can collaborate to develop innovative data-driven care redesign initiatives.
hMetrix provides a comprehensive gainsharing solution to engage physicians during the episode of care - DAVE, the Data Accuracy Verification Engine. DAVE offers integrated analytics and automated gainsharing management to engage your physician community with the transparency and trust necessary to achieve unparalleled alignment in patient care.
As hospitals identify variances and opportunities in post-acute care costs, an important strategy is a move toward managing patients during the entire length of an episode. An increased emphasis on cost-effective and outcomes driven post-acute care home care is necessary.