HealthViZion Value Based Purchasing Collaborative

Hospital Collaborative for thriving in the Era of Value, Performance and Outcome Based Care.
Work Together or Risk Sustainability
Amidst over 15,000 pages of:
  • Law updates
  • CMS evolving regulations
  • Court opinions and judgments
  • IDC 10 Codes
  • Transformations from Fee-for-Service to Value
  • Performance and Outcome based Revenue Model
  • Revenue Reimbursements based on competitive rankings
  1. How do Healthcare systems succeed?
  2. How do they make sense of the chaos?
  3. Many are already failing, looking to be acquired or seeking sustainable bridge capital.
Primary Mission of the Value Based Purchasing Collaborative
Define Optimal Actionable Workforce Attributes to Drive Highest VBP Reimbursements and Reduce Costs —through Quarterly Reports and Community Events, and quarterly Reports Reviews and Personal Consultations.
executive working with IPad
Primary Reports Deliverables to Value Based Purchasing (“VBP”) Collaborative Members
1. Discover “scientific” correlative relationships between specific workforce drivers, compositions, attributes and elements to Value Based Purchasing Scores and Reimbursement Levels. In-depth research will be conducted by major medical research universities as well as HealthViZion
2. Define the highest VBP impact Workforce Drivers for Overall VBP Revenue Scoring
as well as the 5 individual scoring and penalty Domains
3. Benchmark Member Hospitals to VBP Reimbursement Scores. Hospitals will have access to HealthViZion’s comprehensive VBP industry scoring Big Data program including overall revenue scores and all 5 scoring domains, sub scores and details for all US Hospitals. Overall scores are presented in color-coded quintiles. NOTE: This member access is for CMS published scores only and not for any workforce Collaborative detail
4. Benchmark all Collaborative member Hospitals to the scientifically discovered High Impact Workforce VBP Drivers
5. Create member-specific “Individual” Healthcare System hospital Collaboratives for members to compare their own hospitals to each other
6. Define workforce drivers which generated positive results in the old volume-based Fee-for-Service model which deliver weak results in the new VBP performance era of healthcare
7. Define workforce drivers which result in low VBP revenue and penalties and also define those workforce drivers which have no impact on VBP scores and VBP revenue
8. Discover and share best practices for improving VBP scores
9. Deliver “Actionable” results. In this era of so much change, the Reimbursement winners will implement solid successes quickly
10. Discover workforce management efficiencies
11. Develop community for members to collaborate with each other.
12. Conduct events to foster Community. In addition to quarterly events, online user specific forums, member only topics and chat boards will be open for communication with peers
13. An additional 20-plus high intelligence workforce metrics will be benchmarked throughout the Collaborative and also amongst individual healthcare system hospitals
14. Annual awards will be given to the highest scoring “Achievement” workforce Collaborative hospitals as well as highest scoring “Improvement” hospitals and individual areas of excellence
Together or Alone?
A Collaborative of Partners, Leaders and Members to lead the Value Based Purchasing Collaborative.
healthvizion symbol for collaborative, men forming a network
In June 2015, HealthViZion launched the Hospital Collaborative for thriving in the Era of Value, Performance and Outcome Based Care (“VBP Collaborative”). From work with previous Healthcare systems, HealthViZion created the only system for gathering standardized data to defined entities in the industry. HealthViZion has worked with UTMB, the Healthcare Workforce Standards Committee, COOs, CNOs and CFOs of major healthcare systems to define the critical items for the VBP Collaborative.
In August 2015, the VBP Collaborative is fully launching with partnerships including major medical research universities and the domestic and international domestics committees for developing WF standards to augment HealthViZion research initiatives discover new correlations and causality to drive better outcomes of care while reducing costs and creating efficiencies*. HealthViZion is donating 10%-15% of all revenue to these partners for advanced research in primary areas of interest for the VBP Collaborative members. All partners will have direct access to SonarViZion Collaborative Analytics, Correlation Impact, Cognitive Learning and Workforce Imaging Systems.
Working with previously unknown and hidden correlative relationships of specific workforce drivers to essential and fundamental hospital outcomes that are now tied directly to Performance Revenue Reimbursements, with SonarViZion are now Discoverable, Measureable and Manageable (Link to Website Section of MRI like stuff).
* Final agreement with University of Texas Medical Branch and the Standards Committees are expected to be finalized in mid-November, 2015.
The following results tend to challenge the traditional leadership beliefs about Turnover of RN’s Fee-Based Revenue –the lower the better. The correlations in the table below only include 28 hospitals. 100 hospitals in 10 or more geographic locations are required for solid scientific evidence. However 28 is a large enough sampling to be an indicator for continuous research as the VBP Collaborative grows.
Hospitals with Turnover of 7% or less, scored terribly in VBP reimbursement scores.
The Impact of Bedside RN Turnover on Overall Value-Based Purchasing Scores and Reimbursements*
table showing the impact or RN turnover
* 28 Acute Hospitals in 3 States. Not enough fpr conclusive high correlation impact.
Healthcare Big Data
healthvizion big data computer network
The following are the primary Big Data sets HealthViZionTM utilizes for generating results to the VBP Collaborative. As more data is released, those data will be added. One major piece of valuable data will the Doctor Performance data to be released in 2016.
Patient Satisfaction
Time & Attendance
Readmissions & Deaths
Process of Care
Employee Life Cycle