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How to Use Data for Decision Making in RHCs
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How to Use Data for Decision Making in RHCs - nosorh.org to Use Data for Decision Making in RHCs . Context ... Scorecard Quarterly Value Performance ... ∞ Aging of accounts receivable

Apr 20, 2018

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Page 1: How to Use Data for Decision Making in RHCs - nosorh.org to Use Data for Decision Making in RHCs . Context ... Scorecard Quarterly Value Performance ... ∞ Aging of accounts receivable

How to Use Data for Decision Making in RHCs

Page 2: How to Use Data for Decision Making in RHCs - nosorh.org to Use Data for Decision Making in RHCs . Context ... Scorecard Quarterly Value Performance ... ∞ Aging of accounts receivable

Context Current environment Strategies to improve

Page 3: How to Use Data for Decision Making in RHCs - nosorh.org to Use Data for Decision Making in RHCs . Context ... Scorecard Quarterly Value Performance ... ∞ Aging of accounts receivable

Context

Page 4: How to Use Data for Decision Making in RHCs - nosorh.org to Use Data for Decision Making in RHCs . Context ... Scorecard Quarterly Value Performance ... ∞ Aging of accounts receivable

Primary care clinics are the nucleus of the new rural

healthcare delivery system

Page 5: How to Use Data for Decision Making in RHCs - nosorh.org to Use Data for Decision Making in RHCs . Context ... Scorecard Quarterly Value Performance ... ∞ Aging of accounts receivable

Hospitals have different objectives and metrics than

primary care practices

Page 6: How to Use Data for Decision Making in RHCs - nosorh.org to Use Data for Decision Making in RHCs . Context ... Scorecard Quarterly Value Performance ... ∞ Aging of accounts receivable

CAHs have performance improvement networks –

most RHCs don’t

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Too often Primary Care is undervalued and ignored

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Current Measurement

Page 9: How to Use Data for Decision Making in RHCs - nosorh.org to Use Data for Decision Making in RHCs . Context ... Scorecard Quarterly Value Performance ... ∞ Aging of accounts receivable

Rural primary care needs data

q Public reporting: Quality [NOPE] q Public reporting: Financial [NOPE] q Grant-based Benchmarking [SOME…] q PQRS [EXEMPT] q MACRA/MIPS [EXEMPT]

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The Result: There are few means to dispel myths or apply

advocacy

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Rural primary care needs data Quality. Heroic efforts have

been made to identify relevant primary care quality metrics.

But they are just not there yet.

Cost Reports. They provide useful, easy-to-get data but not the kind of timely information practice

operators want and need.

Right Data, Wrong Fit. MGMA is the industry leader in tracking physician practice data. The only

problem is that their database includes very few rural practices or providers.

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Strategies

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Improvement Requires Information

•  How does the Clinic currently perform? •  What are the relevant measures? •  Who manages the data? •  How are decisions made? •  How are initiatives managed?

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Sources of Data

EMR

Financials

Benchmarks

Practice Management

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Reporting Infrastructure

Operations Dashboard

Monthly Operations 10 Metrics

Practice Scorecard

Quarterly Strategy

10 Metrics

Physician Scorecard

Quarterly Value Performance

6 Metrics per

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Best Practice Operating Ratios •  Gross collection rate

•  Net collection rate

•  Overhead ratio

•  Individual category expense ratio

•  Days in accounts receivable

•  Accounts receivable per FTE physician

•  Staff ratio

•  Average cost and revenue per patient •  Aging of accounts receivable by payor

•  Payor mix ratio

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Success Criteria •  Leadership •  Culture of measurement  •  Physician engagement  •  Reporting systems •  Current, accurate and relevant data •  Performance targets (to budget, to benchmark…) •  Staff resources •  Initiative infrastructure  •  Executive buy-in

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But What Really Matters Strategically?

•  Practice profitability •  Practice efficiency •  Provider productivity •  Provider compensation •  Clinical quality

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Staffing Finances

Compensa1on Produc1vity

ClinicalStaffper…

Non-ClinicalStaffper…

ProviderWorkedHoursper…

ClinicProfitMargin

Expenseper…

NetRevenueper…

TotalCompensa1onper…

BaseSalaryper…

VariableCompensa1onper…

WorkedRVUsper…

Pa1entVisitsper…

Pa1entPanelSizeper…

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POND SM

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Practice Operations National Database

Page 22: How to Use Data for Decision Making in RHCs - nosorh.org to Use Data for Decision Making in RHCs . Context ... Scorecard Quarterly Value Performance ... ∞ Aging of accounts receivable
Page 23: How to Use Data for Decision Making in RHCs - nosorh.org to Use Data for Decision Making in RHCs . Context ... Scorecard Quarterly Value Performance ... ∞ Aging of accounts receivable
Page 24: How to Use Data for Decision Making in RHCs - nosorh.org to Use Data for Decision Making in RHCs . Context ... Scorecard Quarterly Value Performance ... ∞ Aging of accounts receivable
Page 25: How to Use Data for Decision Making in RHCs - nosorh.org to Use Data for Decision Making in RHCs . Context ... Scorecard Quarterly Value Performance ... ∞ Aging of accounts receivable
Page 26: How to Use Data for Decision Making in RHCs - nosorh.org to Use Data for Decision Making in RHCs . Context ... Scorecard Quarterly Value Performance ... ∞ Aging of accounts receivable
Page 27: How to Use Data for Decision Making in RHCs - nosorh.org to Use Data for Decision Making in RHCs . Context ... Scorecard Quarterly Value Performance ... ∞ Aging of accounts receivable
Page 28: How to Use Data for Decision Making in RHCs - nosorh.org to Use Data for Decision Making in RHCs . Context ... Scorecard Quarterly Value Performance ... ∞ Aging of accounts receivable
Page 29: How to Use Data for Decision Making in RHCs - nosorh.org to Use Data for Decision Making in RHCs . Context ... Scorecard Quarterly Value Performance ... ∞ Aging of accounts receivable
Page 30: How to Use Data for Decision Making in RHCs - nosorh.org to Use Data for Decision Making in RHCs . Context ... Scorecard Quarterly Value Performance ... ∞ Aging of accounts receivable
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