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Organizations within the healthcare industry are constantly searching for ways to improve better outcomes and overall expenses. As a result, you’ll find that organizations now follow different types of healthcare payment models. After all, providers need to find the best payment models to ensure the success of their practice. However, despite the various programs and methods, the main goal of these organizations still revolve around how to reduce expenses and improve the quality of care for patients.
Specifically, accountable care organizations (ACOs) have a lot to gain when they improve the quality of care that patients receive. After all, ACOs only receive incentive payments when they provide the best quality of care possible. Additionally, ACOs make up 20 percent of Medicare beneficiaries, which emphasizes the urgency towards a more value-based healthcare system. With this in mind, you need to make sure that your organization is maximizing incentives and revenues. In other words, ACOs need to find ways to improve the quality of care that their network provides.
ACOs and similar organizations need to make sure that they provide patients with a base level of care. Which means that as an organization, you need to maintain a certain level of healthcare costs and service quality. For this reason, ACOs need to consider the cost of care, level of consumer engagement, and coordination between physicians. For example, factors like the lack of communication between providers and patients can often lead to redundant services. Which means that you end up with unwanted healthcare expenses. Additionally, this situation can potentially decrease the patient’s satisfaction and overall outcomes. So how do you improve the quality of care for patients?
Today, everyone has easy access to information like the cost of healthcare services and the quality to expect. For this reason, ACOs need to open the opportunity for patients to be involved in their care plan. After all, they are entitled to make decisions regarding their personal health. To put it simply, better patient engagement provides the following benefits:
How to Improve Patient Engagement
As shown above, ACOs have a lot to gain when they improve the communication between physicians and their patients. So here are some aspects of patient engagement that you can focus on improving:
Improve Your Physician Alignment
To improve the quality of care for patients, you need to make sure that your physicians are on the right page. After all, a lot of costs come from redundant services and the lack of coordination between different providers. In other words, ACOs need to establish a high level of care coordination if they want to succeed. In fact, we have a few tips on how to improve your physician alignment.
Standardize Your Care
You can start by making sure that the providers within your network follow a certain level of care. Additionally, the less diverse the services, the easier it is for everyone to keep track of the patient’s care.
Proper Compliance
Any organization that deals with healthcare needs to follow strict compliance and regulations. With this in mind, ACOs need to make sure that providers within their network are complying with industry regulations and guidelines.
Luckily, you can manage this by keeping track of your network and conducting regular audits. In fact, some Management Services Organizations (MSOs) like Coordinated Health provide compliances services for ACOs and similar organizations. Which means that Coordinate Health can oversee your network and make sure that everyone is complying with regulations and payer requirements so you can stay up-to-date with industry standards and minimize the risks of penalties.
Expand Your Workforce
Finally, you can also improve the quality of care and patient outcomes by securing your workforce. And by this, we mean that you need to make sure your organization is fully capable of handling all the processes that ACOs face. After all, situations like understaffing can cause severe workflow issues in healthcare environments. Similarly, ACOs can also fail when they are overloaded with diverse processes. That’s why it’s advisable for organizations like ACOs to rely on third-party service providers for help. For example, some organizations offer services like utilization management, contracting, compliance, and more. So if your organization is facing problems, it’s a good idea to expand your network and rely on other organizations for assistance.
Why Choose Coordinated Health MSO?
Coordinated Health MSO is a management services organization that offers comprehensive management and administrative solutions for organizations within the healthcare industry. We utilize advanced technological solutions and innovative management techniques to provide diverse services that organizations like ACOs and IPAs need.
Coordinated Health MSO offers the following services to improve the quality of care for your patients:
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