HFMA ANI 2016 – Brookwood Baptist Shares their Success with Value-Based Care

Two weeks ago, MedeAnalytics and client Brookwood Baptist Health attended HFMA ANI 2016 in Las Vegas, NV between June 26-29, 2016. The event draws more than 5,000 healthcare finance industry professionals, from executive leaders to mid-level professionals. This year, we saw a common theme bubble to the surface: approach healthcare in a bigger way to ensure greater financial success with more collaboration and clearer navigation towards value-based healthcare. Our client Brookwood Baptist Health also spoke to these themes, specifically how their partnership with MedeAnalytics has allowed them to take a synergistic approach towards value-based care during a major transition period.

During their session, Switching EHRs and Maintaining a Strong Revenue Cycle, Rosh Plugge, Executive Director of Revenue Cycle, and Pete Welch, M.B.A, Senior Revenue Analyst, outlined the need for a strategic partner that could help them apply analytics during their electronic health records (EHRs) transition to pinpoint trends, analyze root cases and resolve issues encountered with the move. By bridging gaps in their EHRs with analytics, the provider was able to have all reporting available after the first month following go-live. Brookwood was also able to meet the demands of population health and value-based reimbursement, all while maintaining patient satisfaction and HCAHPS scores.

Attendees learned why this approach worked best, providing examples of how other organizations undergoing a similar change can adopt their model. They specifically outlined how to: 

  • Normalize data to identify trends, areas of concern and facilitate process improvement
  • Quickly discover issues to reduce loss to untimely filing, lower denial rates and faster cash flow recovery
  • Compare patient information against legacy information to identify process and data issues

As the industry continues its evolution towards value-based care, collaboration will be key and many are already taking the right steps, whether it be by partnering with industry experts or breaking down data silos within their own organizations. We can’t wait to see what the next ANI holds for these innovative providers! 

Posted in

MedeAnalytics

MedeAnalytics is a leader in healthcare analytics, providing innovative solutions that enable measurable impact for healthcare payers and providers. With the most advanced data orchestration in healthcare, payers and providers count on us to deliver actionable insights that improve financial, operational, and clinical outcomes. To date, we’ve helped uncover millions of dollars in savings annually.

Leave a Comment





Get our take on industry trends

Do’s and do nots of clinician engagement

July 19, 2023

Engaging clinicians in organizational initiatives can be challenging. They are already balancing a plethora of priorities pulling them in different…

Read on...

What you need to know before approaching clinicians about quality improvement

July 14, 2023

Before attempting to engage clinicians in quality improvement initiatives, you need to know how you’re going to answer two of…

Read on...

How big data, AI and automation are transforming patient access

June 27, 2023

The healthcare industry celebrates Patient Access week once a year in April, recognizing hardworking staff and significant advancements in this…

Read on...

You can’t spell value-based care without clinicians

June 20, 2023

In advance of her panel participation at the 2023 RISE Qualipalooza, we sat down with Vice President of Product Consulting…

Read on...