Edgewater Healthcare Consulting
Reduce Costs, Improve Quality and Outcomes, Increase Revenue and Growth
Edgewater's healthcare consulting practice helps providers lower costs, improve patient safety and quality, and enhance growth. Many healthcare providers seek assistance from strong healthcare consulting partners for help with these goals.
The majority of initiatives being pursued by today’s hospitals and healthcare providers begin with an immediate need for basic, raw data. This first step requires:
- Enhanced processes for discrete data capture
- New technology platforms capable of integration and real time healthcare data analytics
- New reporting and analysis tools that evolve from simple transactional queries to multi-dimensional analysis
- Staffing and other resource deployments necessary to drive the needed improvements and metrics including robust governance
Providers understand it’s a long journey to become a data-driven organization, with evidence-based practices and effective clinical decision support (CDS).
The competitive advantage goes to those who commit to an enterprise data strategy and sound enterprise information management best practices.
Challenge
Need for enterprise information management including integrating clinical, operational, financial and quality data. The current inability of most provider organizations to combine and integrate data collected across the continuum of care settings is intolerable and a fundamental
Problems and Their Symptoms
+ Identify strategic and tactical ways to capitalize on healthcare analytics that will significantly impact bottom line over the next 10 years: Accountable Care Organizations (ACO’s), VBP, Meaningful Use, EMR implementations, and managing Bundled Payments.
+ Data is needed from across the patient continuum of care. Users need more data and reports; C-suite and Board members need dashboards and scorecards. Define a comprehensive strategy for managing your data as an enterprise asset and not simply a regulatory and compliance mandate.
+ Providers have realized the benefits of re-organizing around a Service Line (SL) model. What steps must you take to define, measure, and grow these SLs? What clinical, operational, and financial metrics must be deployed to optimize resource allocation across the organization?
+ Patient safety and quality is critical. Criticism is everywhere. CMS is creating hundreds of new quality measures. How can you build a foundation that scales to the ever evolving demand on patient safety and quality? How long does it take you to collect, report, and analyze these critical measures?
+ How can you market your brand and interact with your diverse referral network to drive volume up and learn what marketing campaigns are most effective? How can you implement robust care coordination and transitions in care?
Solutions
+ ACO
+ ICD9-ICD10
+ EMRs
+ Meaningful Use (MU)
+ Bundled Payments
Enterprise Data Strategy
Create a strategy for fully integrating your data built on a scalable technical foundation capable of accommodating tomorrow’s data demands – then build IT!
Achieve success at each stage of the Service Line Life Cycle – Definition, Implementation, Measurement, and Growth.
Patient Safety and Quality
Improve quality & outcomes from near real time access to integrated data; lower costs by automating data collection and freeing up your nurses to analyze and act, not plug reports.
