The customizable DSRIP Solution will integrate provider data and deliver performance reporting to help SI PPS improve outcomes, reduce costs and optimize service utilization for the 180,000 Medicaid patients it serves
East Windsor, NJ — July 22, 2015— SpectraMedix, a leading provider of solutions that accelerate the transition to pay for performance and risk-based payment models, will provide the Staten Island Performing Provider System (SI PPS) with a customizable information sharing, performance reporting and population health intelligence platform for their New York State Delivery System Reform Incentive Payment (DSRIP) Program. The data management, measures calculation, predictive modeling and performance reporting capabilities of the SpectraMedix DSRIP Solution will assist SI PPS in achieving the process and outcome goals, and corresponding incentive payments, associated with the System Transformation, Clinical Improvement and Population-Wide Projects for its 180,000 patients.
“We were looking for a partner with a strong data management, analytics and performance improvement solution that will support us in executing our DSRIP projects and achieving our goals,” said Joseph Conte, Executive Director, SI PPS. “The SpectraMedix DSRIP Solution and its capabilities for consolidating, aggregating and analyzing clinical and administrative data, along with the DSRIP expertise of the SpectraMedix Team, will be integral components to our success.
SI PPS is one of the 25 Delivery Systems approved by the New York State Department of Health for their Medicaid Delivery System Reform Program. The co-lead provider organizations in SI PPS are Richmond University Medical Center and Staten Island University Hospital. The PPS is comprised of nearly 1,000 medical and behavioral health providers and community-based organizations, and will oversee the implementation of 11 strategic initiatives to reduce costs and improve population health for an estimated 180,000 Staten Island Medicaid members.
The SpectraMedix DSRIP Solution will provide SI PPS the ability to:
- Connect a variety of information systems and settings to create a longitudinal view of patient care by integrating clinical, claims and other data into an Enterprise Data Warehouse;
- Calculate and report DSRIP specific and custom measures in near real-time for performance reporting and improvement;
- Employ predictive analytics to identify and address high-risk patients and populations, chronic disease populations and gaps in care to reduce preventable admissions, readmissions and emergency department visits;
- Identify and address areas within a population where service utilization can be optimized and costs reduced using analytics for population distribution by zip code, registry, population risk profiles and population cost distribution;
- Facilitate effective care coordination and transitions with the ability to share information and integrate with care management solutions.
“We are delighted to have the opportunity to work with SI PPS. DSRIP is a pioneering program that provides healthcare organizations an opportunity to improve patient outcomes and lower costs,” said Raj Lakhanpal, MD, FRCS, FACEP, Chief Executive Officer, SpectraMedix. “The integrated data management, population health intelligence and performance reporting capabilities of our DSRIP Solution will help SI PPS to realize the clinical and financial benefits of their DSRIP projects.
SpectraMedix’s state of the art solutions enable hospitals and ambulatory care providers to improve performance and outcomes while transitioning to pay for performance 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; PredictiveCare360 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 client specific applications and initiatives, and to create opportunities for performance improvement.
About Staten Island Performing Provider System
The Staten Island Performing Provider System (SI PPS) is a limited liability corporation formed by Richmond University Medical Center and Staten Island University Hospital to implement the Delivery System Reform Incentive Payment (DSRIP) Program on Staten Island. DSRIP is a program of the New York State Department of Health and the Centers for Medicare and Medicaid Services to improve the quality of care for Medicaid patients and the uninsured, with the primary goal of reducing avoidable hospital use by 25% over 5 years. Up to $6.42 billion dollars are allocated to the New York State DSRIP programs with payment based upon performance in system transformation, clinical management and population health. Over 60 healthcare agencies and community-based organizations are partnering with the SI PPS, LLC to undertake the DSRIP program on Staten Island. The mission of the SI PPS is to engage partners and stakeholders in the planning and implementation of DSRIP.