Practice tip of the week: Making the most of VBC
Your weekly dose of wisdom from the Physicians Practice experts.
With all the useful information available on Physicians Practice, it is easy to become overwhelmed.
With this in mind, the tip of the week is a chance to reflect on some of the wisdom found all across the site. In this April 2024 article on making the most of value-based care, Duane Feger, gives this tip:
Maximize the efficiency and effectiveness of limited resources
Given current staffing constraints across the industry, it’s impossible to provide continuous care to every patient on your panel. Instead, you should develop a strategy to deliver dynamic care management services that focus on the cohort of patients that are entering or transitioning through a period of high utilization (e.g.: cardiac/cerebrovascular events, oncology events, etc.). Patients who have consumed the most health care services in the previous year have already transitioned thorough their health care event and are on the backside of the curve, returning to a lower level of utilization.
Once you identify high-risk patients, you can develop workflows to guide them through their high utilization period with close monitoring and care management services. Look for a technology solution lets you integrate data and analytics technology with your EHR systems and garner insights into issues that your staff has the expertise, authority, and opportunity to resolve. When you focus attention on those specific patients who will benefit the most from care management, you maximize the efficiency and effectiveness of your limited staffing resources.
Click here to read the rest of the article and be sure to check back next week for another Tip of the Week!
