Bundled PaymentsBetter manage every episode of care
Mitigating risk through powerful insights
One of the most important goals at CMS is fostering an affordable, accessible healthcare system that puts patients first. A bundled payment methodology involves combining the payments for physician, hospital and other health care provider services into a single payment. The objective is to use this risk based payment structure to motivate health care providers to furnish services efficiently, to better coordinate care, and to improve the quality of care. Health care providers receiving a bundled payment may either realize a gain or loss, based on how successfully they manage resources and total costs throughout each episode of care.
Dynafios 4CASTTM healthcare analytics software for hospitals helps providers understand their current financial, efficiency and quality performance providing the necessary insights to mitigate the risk associated with this payment model. With 4CAST healthcare analytics software, you receive valuable real-time provider and program performance, presented in a powerful visual and interactive format. Users can immediately identify variations, trends, behaviors and other performance metrics against best practices and benchmarking indicators for a complete 360o view.
With a robust set of dashboards, 4CAST offers information on overall episode performance, individual physician performance and succinctly defines where variation exists that is negatively impacting quality and financial results. Comparisons to best practice provides a roadmap to improve and maintain quality, efficiencies and costs associated with the episode.
Dynafios Bundled Payment Services
- Episode selection. Dynafios provides a databased recommendation for which episodes of care make sense for the hospital. Through an in-depth analysis of the current performance, Dynafios quantifies the quality and cost opportunity and lays out the roadmap for implementation with the providers.
- Clinical optimization. Quickly review financial, operational and quality performance at both an individual level and at a defined group level. Provides insight on top performers and areas for individual providers to improve.
- Financial performance. Monitor the current financial savings against the targets to ensure the financial health of the organization within this risk based model.