MCC engages in assisting integrated networks, community health centers, and HCCNs (Health Center Controlled Networks) in measuring ROI (Return on Investment) for PHM (Population Health Management) initiatives. While we intuitively believe that PHM initiatives save money and enhance health outcomes, there is a growing need to quantitatively measure the benefit of such programs.
The increasing prevalence of Value-based Reimbursements in the marketplace requires all providers to lower costs while enhancing the quality of care and services delivered. As such, PHM programs are moving toward measuring benefits and calculating ROI. In so doing, these entities are better positioned to invest in advanced approaches that employ such technologies as advanced analytics. The expansion of initiatives requires that there be a measurable benefit that is grounded in real numbers and builds the business case…a truly data-driven approach.
MCC’s approach engages clients to think strategically about as they endeavor to achieve their goals. We carefully apply a methodical perspective that incorporates the concerns of all stakeholders in the initiative. As such, costs are incorporated into the model in order to make the benefit/ROI calculation.
Results:
MCC engages with HCCNs, and PCAs and other provider-based entities to measure benefit and ROI for Population Health Management Programs. The ROI Matrix Model may be accessed at HITEQ (Health Information Technology, Education, and Quality Center) website at the following link.