[video] Keynote Panel | Performance Analytics: Integrating Clinical, Financial and Administrative Data
Alan M. Eisman, Vice President Healthcare Solutions, Information Builders
Steven J. Bernstein, MD, MPH, Assistant Dean for Clinical Affairs, Professor, Dept. of Internal Medicine, Research Scientist
Moderator: Martin Brunswick, Healthshare Product Manager, InterSystems
At the Fall 2012 Accountable Care and Health IT Strategies Summit in Chicago, the keynote panel participants included a diverse swath of experts, academics, and business leaders, all eager to share their experiences and insights into the role of analytics in accountable care. (click to watch video – free registration)
Alan Eisman opened the panel with a presentation entitled Enabling Transition from Fragmented to Integrated Accountable Care. Eisman opened his comments by putting analytics into perspective:
“The real hidden value in analytics is finding patterns in information, things that are not obvious, that you might not otherwise know. And making that easy to see, and easy to understand.”
Eisman emphasizes the need to harness the chaotic environment of healthcare. Alignment, he points out, remains a key goal of the ACO business model, in which clear roles, responsibilities, and incentives are established. Eisman highlights the imperative of transparency of performance data as well as having operational measure tied directly to target outcomes. In a humorous moment, Eisman quotes W. Edwards Deming, “Measurement without the opportunity to improve is harassment.”
The next speaker is Dr. Steven Bernstein, who shares his section of the panel presentation, entitled The University of Michigan’s Journey to Accountable Care. Dr. Bernstein stresses that as an academic medical center, The University of Michigan has three goals: patient care, research, and training. The University of Michigan had a “homegrown” electronic medial record (EMR) in place for ten years, before transitioning to Epic.
Dr. Bernstein continues to share how the University of Michigan uses the data it collects to institute population health management. He reports that during the five years of the Physician Group Practice Program, University of Michigan saved Medicare $22 million, of which $17 million was returned to the health system to improve patient care.
Andrew Weniger from Cornerstone Health Care presents next and his talk is entitled Cornerstone Health Enablement Strategic Services. Weniger describes the journey that Cornerstone is undertaking in which old models of care are giving way to pay-for-value or fee-for-value. A five-pronged strategy to become an ACO is presented by Weniger, including
- medical home
- clinical integration
- information integration
- organizational realignment
- reimbursement model transformation
The final member of the panel Martin Brunswick, from Intersystems, shares his background in public policy research as it relates to provider analytics. Brunswick communicates the “scale, speed, and timeliness” of the information that Intersystems is able to deliver to the payer organizations as well as to providers. Several steps toward making analytics more workflow oriented, rather than retrospectively observed, included data capture, information sharing, understanding data, and taking action based upon insights gleaned from the data.
The panel then concludes their prepared remarks, opening the floor to questions from attendees. (click to watch video – free registration)