Archive for June, 2015
Key challenges revolve around managing high-risk, high-cost patients within value-based purchasing models
NEWTON, Mass. — Curaspan, the leading provider of patient transition solutions released a white paper highlighting the importance of care transitions as the healthcare industry shifts towards value-based care. The paper, titled “Care Transitions: The Bridge to Success in Emerging Models of Care” makes the case for effective and efficient transitions across the continuum of care.
“Everyone who has visited a hospital has experienced a care transition,” said Tom Ferry, Chief Executive Officer, President and co-founder of Curaspan. “The universal nature of this process combined with a lack of industry standardization indicates a clear need for technology that compliments all electronic health records, supports efficient clinical workflows, reduces process variation and measures outcomes.”
Pairing industry facts with market expertise, Curaspan’s research highlights why effective management of care transitions is critical to the success of a healthcare organization and offers information about parties involved in the care transition process, the inherent complexity of care transitions and insights on how organizations can improve their approach to this critical aspect of the healthcare continuum.
The paper asserts that care transitions tend to “parallel transitions in health status,” meaning the sicker a patient is the more he or she will utilize the healthcare system and the more transitions he or she will experience. In fact, the Centers for Disease Control and Prevention reports that one in four adults has multiple chronic care conditions costing the health system as much as seven times that of a patient with one chronic condition – this example speaks to the vital importance of efficient and effective healthcare transitions.
“Consumers and providers of healthcare cannot understate the importance of successful technology that helps to address the gaps and barriers in our system that contribute to poor transitions for patients moving from setting to setting,” stated Cheri Lattimer, Executive Director of the National Transitions of Care Coalition (NTOCC), an organization dedicated to removing the gaps that occur when patients leave one care setting and move to another. “Curaspan’s white paper is an excellent resource for any organization looking to better manage this critical part of the healthcare process.”
Curaspan’s best-in-breed point solutions automate transitions of care workflows to create efficiencies, reduce process variation and optimize collaboration during the patient-transition process. With a secure platform for coordination between providers and the analytics necessary to optimize performance, Curaspan’s solutions are the foundation for initiatives like ACOs, HIEs, value-based purchasing and other evolving models of care and reimbursement. Curaspan headquarters are in Newton, Mass. For more information, please visit Curaspan.com and follow@Curaspan on Twitter.
About the National Transition of Care Coalition
The National Transitions of Care Coalition is a 501(c)(4) dedicated to addressing a serious U.S. healthcare issue: filling the gaps that occur when patients leave one care setting and move to another care setting. These transitions include patients moving from primary care to specialty physicians; moving or transferring patients from the emergency department to intensive care or surgery; or when patients are discharged from the hospital to home, assisted living arrangements, or skilled nursing facilities. Working in conjunction with 450 Associate Member organizations and over 5,000 individual professional subscribers, NTOCC has developed tools and resources made available to everyone in the healthcare industry including providers, payors, patients and consumers. For more information, visit http://www.NTOCC.org and follow the Coalition on Twitter @NTOCC.