Helping IDNs improve clinical and economic outcomes in pursuit of value-based care
Healthcare isn’t truly optimized until everyone is working from the same page. Providers operate more efficiently when communication is clear and consistent. Patients have confidence when they know all their healthcare providers are closely aligned. However, too often, patients experience disparate treatment as they move from one stage of the care journey to the next — and these discrepancies can create confusion; redundancy and waste; the potential for mistakes; and possibly mistrust. There is a strong need for dependable, value-based care implemented across the board. By prioritizing quality of care over quantity of treatments, value-based care rewards effectiveness and efficiency — ultimately improving overall patient experiences and the bottom line.
The origins of this shift toward value-based care can be found in the passage of the Affordable Care Act, which spurred the growth of Integrated Delivery Networks (IDNs) and amplified the call for access to lower-cost care settings like home health. This, along with the continuing growth of the geriatric population has resulted in more and more patients receiving home or outpatient treatment for chronic conditions such as wound care.
As the largest healthcare organizations in the country, IDNs play a key role in supporting this movement. But while many IDNs have come to appreciate the benefits of value-based care, few have taken steps to implement this model across the entire patient journey — also known as the continuum of care.
Today, lack of consistency in care represents a major issue for IDNs. Managing dozens of hospitals and healthcare facilities, IDNs know that value-based care doesn’t stop at discharge, and that the care process is rarely linear. However, a lack of communication and standardization throughout networks remains an obstacle to achieving the ultimate purpose of the IDN: efficiency, value and optimization of care.