ENCORE HEALTH RESOURCES LAUNCHES VALUE-BASED PERFORMANCE IMPROVEMENT™ SOLUTIONS SUITE POWERED BY CoreANALYTICS™
New lifecycle of services and software tools developed in partnership with CHI
HOUSTON – February 26, 2013 – Encore Health Resources, an award-winning health-information technology (HIT) services company, announced today the launch of its new Value-based Performance Improvement™ (VPI) suite of services and software. VPI features CoreANALYTICS™, a set of integrated analytical tools that helps drive continuous health-system performance improvement. In an industry moving rapidly from volume- to value-based reimbursement, VPI and CoreANALYTICS comprise a uniquely comprehensive solution that transforms data generated by electronic health record (EHR), financial, and operational systems into actionable intelligence for proactive management of patient populations, quality, and costs.
Encore’s Value-based Performance Improvement with CoreANALYTICS is poised to assist health systems meet and exceed thresholds for the quality and performance measures required to qualify for U.S. Government EHR Meaningful-Use incentive payments and avoid associated penalties—as well as manage emerging, at-risk government and commercial payment models. This new solution suite converts relevant data into intelligent, practical ways to help key stakeholders – including hospitals, physicians, and their patients – successfully navigate through and beyond challenges posed by the healthcare industry’s rapid shift from fee-for-service to fee-for-value.
Key VPI and CoreANALYTICS differentiators include a unique blend of Encore’s seasoned consultants with in-depth understanding of clinical data, proven methodologies and vendor-neutral analytical tools. These new tools help healthcare organizations focus on relevant quality and performance data while leveraging existing business-intelligence investments. This new, focused approach accelerates a client’s reimbursement transformation at a competitively low cost of entry through all stages of EHR Meaningful Use and also prepares them for evolving reimbursement models. VPI supports Value-Based Purchasing, Patient Centered Medical Homes, Clinical Integration Networking, and Accountable Care Organizations.
Another key differentiator is that CoreANALYTICS’ architecture allows for full or modular deployment. A full deployment includes the Data Acquisition Engine (extract, translate, and load); the Integrated Information Platform, including our Analytics Engine (creates a “smart, skinny” data warehouse); and the Quality and Performance Modules (building dynamic dashboards), which together provide a comprehensive data-to-information transformation solution. At the heart of the suite is Encore’s exclusive Analytics Engine, which enriches information through proven data derivation and measure calculations. These modular components can also be layered with an organization’s established data warehouse or reporting capability for a comprehensive, cost-effective solution.
Encore built its new solutions suite with development partner Catholic Health Initiatives (CHI). Today, CHI is successfully testing VPI and CoreANALYTICS to optimize its OneCare Program, a $2 billion, enterprise-wide initiative to advance patient care through the power of information. Using VPI and CoreANALYTICS, CHI’s goals are to leverage OneCare to create a powerful, information-based system that will drive significant improvements in patient care throughout its 70 hospitals across the U.S.
“Our partnership with Encore has significantly extended the power of OneCare to provide ‘in-time’ information that will help CHI understand how we are performing against our goals,” said Evon Holladay, MGA, Vice President, Enterprise Intelligence, Catholic Health Initiatives.
As the centerpiece of the VPI lifecycle of performance improvement services, CoreANALYTICS is focused on measures targeted at specific quality and performance data from source systems. It dynamically updates measures calculations to meet the demands of a rapidly transforming industry. Encore’s CoreGPS® Data Tool informs the Analytics Engine and eliminates the need for custom coding for new measures and calculations, thereby creating a lower-cost analytics solution.
The CoreANALYTICS Quality and Reporting Modules provide integrated views of actionable information and insight into quality and performance across patient populations. These modules include:
- Meaningful Use Compliance and Reporting Module: Focused on analysis and reporting for successful participation in the CMS EHR Incentive Program and subsequent stages.
- At-Risk Population Module: Analysis and reporting focused on high-cost, at-risk populations including analysis for care processes and utilization and performance against specific measures.
- Clinical Analytics for Care Coordination Module: Provides physicians “in time” information using dashboards and reports to manage patients with preventive guidelines stratified by disease state.
- Financial Analytics: Analyzes cost savings achieved through clinical integration efforts and new care processes calculated within specific treatment patterns, clinical focus areas, populations, or globally.
“Encore’s partnership with CHI created a demanding laboratory that presented real-world challenges in dozens of hospitals with multiple EHR systems and a unified goal for improved care delivery in an unprecedented environment of change,” said Dana Sellers, CEO, Encore Health Resources. “The result is our Value-based Performance Improvement lifecycle of services, featuring the CoreANALYTICS road-tested software tools, which are now ready to help clients across our industry gain new insights that drive increasing value throughout their organizations and a future of intelligent health performance.”
Catholic Health Initiatives is a national nonprofit health system with headquarters in Englewood, Colo. The faith-based system operates in 19 states and includes 81 hospitals; 40 long-term care, assisted- and residential-living facilities; two community health-services organizations; two accredited nursing colleges; and home health agencies. In fiscal year 2012, CHI provided more than $715 million in charity care and community benefit, including services for the poor, free clinics, education and research. With total annual revenues of more than $10.7 billion and approximately 86,000 employees, CHI ranks as the nation’s second-largest faith-based health system.
About Encore Health Resources (Encore)
Founded by healthcare veterans Ivo Nelson and Dana Sellers, Encore provides information technology consulting services and solutions to assist healthcare organizations with a wide range of strategy, advisory, implementation, process-redesign, and optimization activities. Encore focuses on capturing data and establishing the analytical capabilities to meet the evolving information and reporting needs for health care providers to improve and document clinical and operational performance.