The verdict is in: a robust ambulatory care foundation is essential for the future of healthcare. Consequently, primary care practices must transform the way they practice medicine. While this transformation provides opportunities for improved care, a better patient experience and lower costs, it also presents significant and disruptive business and clinical shifts for providers.
While many practices pursue PCMH (Patient-Centered Medical Home) recognition from the National Committee for Quality Assurance (NCQA), the focus must include long-term, ongoing transformation. Emphasizing the journey rather than the destination requires a different operational paradigm, one which includes proven clinical and financial methodologies. In fact, these practice management and financial models actually empower clinical transformation and support value-based healthcare. In one case study, 23 providers participating in a shared savings program accomplished significant results by adopting several transformation initiatives.
A successful practice transformation strategy includes:
- Engaged Leadership
- Quality Improvement Strategy
- Patient Panel Management
- Strong Patient/Care Team Relationships
- A Care Team that Includes the Patient
- Centralized Coordinated Care
- Improved Access
By addressing these key issues (outlined in more detail in our free white paper), providers position their practices for success with value-based reimbursement programs.