MedeAnalytics and Oregon Health and Science University (OHSU) co-hosted a HIMSS Learn webinar exploring the power of data to measurably improve case mix index, CC/MCC capture rates and physician engagement. In fact, OHSU successfully leveraged self-service analytics and reporting to:
- Increase CMI by 21%
- Grow average rate of return (ARR) 159% per CDI specialist per month
- Achieve dramatic improvements in CC/MCC capture rates.
To open the webinar, healthcare expert and VP of Go-to-Market Strategy at MedeAnalytics, Andy Dé, explored various challenges and opportunities for growth that healthcare providers are encountering in the (almost) post-pandemic state of our nation. (Read more of his perspective and advice in part two of his four-part series on the future of digital health.)
The webinar spotlight then turned to OHSU’s Angela Alday, MD, Medical Director for Coding and Documentation Integrity, and Jennifer Grubb, RN, JD, Assistant Director of Clinical Documentation, Inpatient Coding and HCC Teams. Together, they detailed the transformation that took place at OHSU through a partnership with MedeAnalytics.
OHSU was looking for a reliable, self-service data and analytics solution to improve CMI and CC/MCC capture, as well as support the CDI team. MedeAnalytics offered the flexible, individual-specific reporting and powerful, user-friendly cohort comparison charts and benchmarking analytics OHSU needed. Together, the two organizations navigated four phases of process and performance improvement:
- Established strong project leadership and governance structure
- Built multitalented, interdepartmental project team
- Assessed gaps in data and CDI processes and patient medical records
- Implemented best practices, including:
- Expanding CDI team to add a medical director, manager and nurse specialists for Medicare population
- Training CDI teams to adopt self-service analytics technology and share meaningful results out to executives
- Identifying documentation improvement opportunities to capture additional revenue
- Reporting physician-level performance to stimulate involvement in ongoing education
- Incorporating physician advisors and champions to drive clinician engagement in performance enhancement initiatives
This organization-wide process transformation yielded significant results for OHSU, even exceeding their set goals:
Goal: Improve CMI by 15%
Result: Improved CMI by 21%
Goal: Increase average rate of return per CDI specialist by 100%
Result: Increase average rate of return per CDI specialist by 159%
Goal: Grow CC/MCC capture rates by 5%
Result: Grew CC/MCC capture rates by over 5%
Hear directly from OHSU on their analytics journey by watching the HIMSS webinar.
Get our take on industry trends
More Megatrends: Price Transparency, Telehealth, Individualized Medicine
By Scott Hampel, president of MedeAnalytics Now that we’ve dealt with Megatrends one through three, we’re approaching the next set.…
Read on...2020 Megatrends: Consumerism, Data Privacy and Security, AI
With 2020 two weeks old, it’s becoming clear the data produced in the healthcare industry by providers, consumers and payers will power and propel our 9 megatrends. Healthcare data is the foundation on which we’re building everything from healthcare outreach for the underserved to new Internet of Things-based healthcare programs to treatments designed just for you.
Read on...Why Unconventional Businesses Will Find Success in Healthcare: It’s the Data
It seems everyone is moving into healthcare. It’s a rapidly growing industry, historically dominated by large, well-embedded companies and organizations, and “pure tech” companies have had difficulty breaking in. That, however, is changing.
Read on...Data and Social Determinants of Health
By Scott Hampel – I think a lot–and I’m not the only one–about how we can improve the ways we pull information from data. Data on its own is inert: just waiting to be understood and then used. And that’s a major challenge for many organizations. Data is often trapped in different applications with no easy or convenient way to extract it.
Read on...