SpectraMedix Powers DSRIP Performance with Project Analytics and Data Sharing

Advanced DSRIP project analytics that enable PPSs and partner providers to target high-risk populations and gaps in care highlight the latest enhancement of the SpectraMedix DSRIP Solution

 

East Windsor, NJ — July 15, 2016 — The SpectraMedix DSRIP Solution’s project analytics capabilities are enabling PPSs and their partner providers to monitor DSRIP project status at a macro level and identify key populations, risks, and trends in near real-time. Understanding performance on a timely basis allows project teams and leadership to make quick adjustments as needed to improve performance and maximize financial incentives.

Projects can be managed using a variety of analyses including identification of patients for engagement, patient risk profiling, utilization of project registries, root cause analysis and rapid cycle improvement, and data / financial model implementation.

At the population level, project analytics can be used to identify target populations for intervention, monitoring and reporting. “Hot spotting” visualizations can identify areas of chronic disease where intervention can significantly improve project performance. Tracking and monitoring of engaged patients, as well as patients overdue for follow up helps to ensure proper care is administered at the right time.

Analytics at the patient level can be used to identify “super utilizers” and low utilizers by examining claims and other data to understand the types of services being used. Implementation of algorithms can help calculate patient risk scores, identify risk factors and store risk data in the data warehouse to facilitate future tracking and monitoring.

Part of the ONC Certified eMeasures360TM Platform, the SpectraMedix DSRIP Solution assists Performing Provider Systems (PPSs) and participating providers in achieving the process and outcome goals, and corresponding incentive payments, associated with System Transformation, Clinical Improvement and Population-Wide Projects. The SpectraMedix DSRIP Solution is easily scalable to align with other quality measure initiatives, positioning PPSs and other healthcare organizations to implement additional Value-based Payment Models and DSRIP 2.0.

“DSRIP programs rely on project analytics to be successful,” said Raj Lakhanpal, MD, FRCS, FACEP, Chief Executive Officer, SpectraMedix. “The advanced analytics capabilities of our Platform gives leaders and providers the information they need to fully understand the status of their projects and adjust accordingly to achieve optimal results.”

 

About SpectraMedix

SpectraMedix’s state of the art solutions enable hospitals and ambulatory care providers to improve performance and outcomes while transitioning to fee for value and risk-based payment models. The SpectraMedix 360 platform for clinical data collection and aggregation, quality measure compliance, real-time data visualization and predictive modeling provides a suite of products that includes eMeasures360™ for quality measures calculation and reporting, and identifying gaps in care; PopulationHealth360 for facilitating risk-based initiatives that leverage real-time data at the individual patient and population levels; and AccountableCare360 for collecting, analyzing, sharing and reporting data for the ACO measure set. SpectraMedix is also a leader in the integration, transformation and utilization of healthcare data for quality and performance improvement initiatives.

 

For more information, please contact:

SpectraMedix

Nathan Brown 609-336-7733 x308

nathan.brown@spectramedix.com

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