It is understood that healthcare reform is a catalyst driving the current paradigm shift in behavioral healthcare from a fee-for-service to a pay-for-performance model, (also known as Value based Reimbursement or VBR). As the move toward value-based care and accountable care practices continues to take hold, it is imperative that behavioral healthcare providers adapt to, and adopt, population health management platforms that provide improved methods for communication with the entire care team, regardless of specialty and including the patient. With this demand from patients and payers, it is likely that providers are sensing a level of stress and competition to maintain a level of treatment deliverables. To meet this demand there are clear steps that providers can take and answering essential questions will assist that process.
Payers, providers, and patients have a shared stake in achieving more effective treatment outcomes and each stakeholder must experience a positive outcome in order to maintain continuity and sustainability for everyone involved. This equates to improved long-term treatment outcomes and optimal care with reduced healthcare expenses. In this new reality of declining reimbursements, providers who do not have a standardized means to demonstrate treatment outcomes in order to facilitate value-based contracting will be putting a large percentage of their revenue at risk.
The Triple Aim
1. Improve the patient experience
2. Improve treatment outcomes
3. Reduce the overall cost
Making the Triple Aim viable through population health management resources such as telehealth, predictive analytics, real-time risk assessments and alerts, as well as customizable reporting to standardize and streamline better clinical processes will promote better patient engagement, enable proactive care, and minimize revenue losses.
Additionally, improved communication ultimately improves healthcare delivery and decreases the likelihood of duplicative or unnecessary services. Innovative and accessible population health management platforms enable providers to proactively identify high-risk patients, and deliver an extended continuum of care that effectively treats and manages chronic illnesses with chronic treatment models, rather than attempting to treat a chronic illness with an acute treatment model.
This is an exciting time for the field of behavioral health and providers must be prepared to transition and in doing so, they will maintain strong patient ingress and maximize revenue opportunities. Below are the ten essential questions that every provider must be able to answer as the field evolves.
Taken from MAP’s recent white paper, ‘5 Key Factors to Successful Behavioral Health Population Management’. Download the paper at https://thisismap.com/insights/white-papers or contact us at email@example.com for additional information.