St. Joseph Hospital Achieves 12% Savings with Population Health Data
As reimbursement shifts from volume to value, St. Joseph Hospital, one of three facilities belonging to Covenant Health, has adopted an innovative approach to population health in the care of its workforce. By identifying cost drivers and opportunities for preventive care, St. Joseph Hospital is on target to spend $2.5 million less in 2016, representing a 12% PMPM improvement over all of 2015.
The powerful Population Health analytics tool provides unmatched insight into understanding high-risk patient populations. By aggregating data on costs, quality and efficiency measures across multiple sources, it proactively identifies gaps in care and segments at-risk populations, cutting clinical costs and ensuring viability in a fee-for-quality system.