The Centers for Medicare & Medicaid Services (CMS) will base a portion of your hospital reimbursement payments on how well your hospitals perform in 20 key measures beginning in fiscal year 2013. Are you ready?

Value-based Purchasing (VBP), a program resulting from the Patient Protection and Accountable Care Act of 2010, requires CMS to base a portion of hospital reimbursement payments on how well hospitals perform in 20 VBP measures, instead of on merely their reporting on those measures.

Moreover, VBP pits your hospitals against the entire market: the cost-neutral program is funded by withholding money from all hospitals and returning the funds to those hospitals that meet the performance measurements. You need to know where your hospitals stand in this value-based purchasing scramble, and how to improve your scores on the CMS measures so you can earn back any funds that have been withheld and protect your bottom line.

HCD’s KnowledgeEdge Value-based Purchasing application helps hospitals track and monitor the quality measures mandated by CMS. A Summary tab enables you to assess all the VBP measures in one view and see your overall VBP score. The Process of Care and Patient Experience tabs provide detailed graphs, charts, and reports for the measures in each of these categories. From there, you can drill down to the details that determine your score, so you know exactly which measures need attention and what the financial repercussions will be if the hospital doesn’t improve. For instance, you can connect each VBP measure with specific physicians, nurse stations, or other staff – not just with roles or departments – for full individual accountability.

Value-based Purchasing Application DataSheetvalue-based purchasing

The KnowledgeEdge Top of Hospital dashboard enables hospital leaders to quickly answer key questions such as:

How are hospital admissions trending over time? Outpatient visits? ER visits?

What is the average length of stay for patients? How does this compare to our target?

How many inpatient and outpatient surgeries were performed last month? How does that compare to last month, or a year ago?

What is our revenue history? What should our revenue projections be?

How much cash do we have on hand? Is that amount in accordance with our target?

Health Care DataWorks, Inc. (HCD), a leading provider of business intelligence solutions, empowers healthcare organizations to improve their quality of care and reduce costs. Through its pioneering KnowledgeEdge TM product suite, including its enterprise data model, analytic dashboards, applications, and reports, Health Care DataWorks delivers an Enterprise Data Warehouse necessary for hospitals a nd health systems to effectively and efficiently gain deeper insights into their operations. For more information, visit www.hcdataworks.com.

To effectively manage the performance of a health system, leaders at the top of the hospital need information at their fingertips—in the office, at home and on the road. Using financial, administrative, and clinical data integrated from across your organization, the KnowlegeEdgeTM Top of Hospital dashboard tells you what you need to know, wherever you are.

The Top of Hospital dashboard provides an intuitive view into complex key performance indicators for your health system. At a glance, administrators and managers can see trends in historic data, compare actual and budgeted values, and predict future performance for the hospitals and for the health system as a whole.

For example, you can view the actual history of hospital admissions as compared to your target numbers.

From any dashboard chart, you can drill down to details, such as how each of your various business units contributed to the metric you’re interested in.

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Administrative Dashboard DataSheet top of hospital

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Create “what-if” scenarios that tie your performance to revenue gained or lost

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See the financial repercussions due to a decrease in performance across any VBP domain

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Adjust your VBP scores to determine how a percentage increase in scores could result in more money back from CMS

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A built-in VBP Impact Calculator allows you to:

Health Care DataWorks, Inc. (HCD), a leading provider of business intelligence solutions, empowers healthcare organizations to improve their quality of care and reduce costs. Through its pioneering KnowledgeEdge TM product suite, including its enterprise data model, analytic dashboards, applications, and reports, Health Care DataWorks delivers an Enterprise Data Warehouse necessary for hospitals and health systems to effectively and efficiently gain deeper insights into their operations. For more information, visit www.hcdataworks.com.

The KnowledgeEdge Value-based Purchasing (VBP) application enables you to see your overall VBP score at a glance. It also provides the details you need about 20 VBP measures across:

• Process of Care• Patient Experience