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INTERSYSTEMS WHITE PAPER Collaboration Is the Key for Health Plans in a Shared Risk Environment

INTERSYSTEMS WHITE PAPER Collaboration Is the Key for Health Plans in a Shared Risk Environment

INTERSYSTEMS WHITE PAPER Collaboration Is the Key for Health Plans in a Shared Risk Environment

Product catalog summary
Executive Summary
The white paper emphasizes the importance of collaboration among payers, providers, and patients in shared-risk payment models crucial for health reform. Effective communication and engagement are necessary, supported by technology solutions that provide timely and comprehensive information at the point of care, enabling better clinical decisions and health management.

The Quest for Healthcare Value
Healthcare payment reform seeks to incentivize improved outcomes, satisfaction, and cost-effectiveness. Value-based payment models, such as bundled payments and accountable care organizations (ACOs), align the interests of patients, providers, and payers by sharing risk and focusing on coordinated care and proactive health management.

Objective: Get Ahead of Risk to Achieve Value
Risk-sharing models require constant communication and access to comprehensive patient data to manage changing patient statuses effectively. Timely and credible information sharing is essential for driving decisions and optimizing care delivery.

Obstacles to Collaboration and Engagement
Challenges include missing information, data latency, and obscured information, which hinder providers' ability to access complete patient data and make timely interventions.

Connected Care Communities
Effective care communities need a foundation of information sharing through a secure health informatics platform that supports data management, interoperability, and analytics to facilitate collaboration and engagement.

Manage Care
Efficient care management requires automated information gathering and presentation to providers. A robust information exchange should include data from across the health and social care continuum and present it in a useful format for care management.

Mitigate Risk
A health informatics platform should provide visibility into risks and enable proactive management, including avoiding duplicative procedures, identifying care gaps, and enhancing safety through intelligent alerts.

Optimize Engagement
Engagement involves active participation and collaboration across the care community. Information sharing should be seamless, providing meaningful data to payers, providers, and patients in a format tailored to their needs.

InterSystems HealthShare
InterSystems HealthShare is designed to create value by facilitating collaboration across care networks. It is built on an advanced health informatics platform to support healthcare reform and deliver sustained value.

Overview of Strategic Interoperability in Healthcare
Strategic interoperability is crucial for connecting various elements within the healthcare continuum. It facilitates the capture, sharing, analysis, and understanding of health-related information from health plans, providers, and patients, enhancing patient engagement, care management solutions, and information exchanges globally, ultimately improving healthcare delivery through connected care.

Recognition and Performance of InterSystems
InterSystems is recognized as a leader in healthcare technology. Gartner has positioned InterSystems as a Leader in its "Magic Quadrant for Operational Database Management Systems." According to KLAS's "HIE 2014: Revisiting Great Expectations" study, InterSystems HealthShare is highly regarded, with 100% of surveyed customers considering it part of their long-term plans and expressing willingness to repurchase. The KLAS Interface Engines Performance Report (May 2015) indicates that InterSystems performs above average in all measured categories, including implementation quality and timeliness.

Impact and Reach of InterSystems Technology
InterSystems technology is integral to nearly all U.S. academic medical centers and all hospitals listed in the U.S. News & World Report 2014-2015 Honor Roll of Best Hospitals. It supports state- and country-wide solutions in countries like Sweden, Denmark, Scotland, Brazil, Chile, and the U.S. Additionally, it provides care technology for two-thirds of Americans and powers two of the three major HIS solutions identified by Gartner as "Global Solutions." InterSystems also manages electronic medical records for over 12 million patients within the U.S. Department of Veterans Affairs and Department of Defense health systems.

Contact Information
For more information on how HealthShare can enhance collaboration and engagement in healthcare communities, visit InterSystems.com. InterSystems Corporation is headquartered at One Memorial Drive, Cambridge, MA 02142-1356, with contact number +1.617.621.0600.
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Catalog excerpts

INTERSYSTEMS WHITE PAPER Collaboration Is the Key for Health Plans in a Shared Risk Environment-1

Collaboration Is the Key for Health Plans in a Shared Risk Environment Information Sharing Enables Health Plans to Leverage Data and Analytical Assets to Deliver Sustained Value

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Executive Summary The Quest for Healthcare Value The shared-risk payment models that are central to health reform all require tight coordination among payers, providers, and patients if they are to succeed. As payers and providers enter into more and more such agreements, they need to enhance success by communicating and collaborating more effectively with their partners and actively engaging, supporting, and empowering their members. Healthcare payment reform is a widespread movement to create incentives that will produce greater value throughout the U.S. healthcare system. Value is generally...

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INTERSYSTEMS WHITE PAPER Collaboration Is the Key for Health Plans in a Shared Risk Environment-3

Objective: Get Ahead of Risk to Achieve Value Obstacles to Collaboration and Engagement The challenge inherent in risk-sharing models is that patient status is constantly changing. Emergency room visits, acute illnesses, admissions, discharges, and other factors alter risk profiles and can happen at any time. The same holds true for changes to medication lists, new laboratory data, and shifting adherence to care plans. Therefore, in any risksharing arrangement, communication and access to comprehensive patient data are critical so that all parties can respond appropriately, in a coordinated fashion....

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INTERSYSTEMS WHITE PAPER Collaboration Is the Key for Health Plans in a Shared Risk Environment-4

Connected Care Communities Are Built on a Foundation of Information Sharing Payer and provider organizations generally have made extensive investments in both operational and analytical information technologies. Many of these systems are capable of sending documents and data to one another, yet none is designed to bring together and share the full complement of health information required for collaboration and engagement, much less in a timely fashion compatible with care management workflows. Just as a bridge requires the right foundation to effectively connect physical communities, care communities...

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INTERSYSTEMS WHITE PAPER Collaboration Is the Key for Health Plans in a Shared Risk Environment-5

Manage Care To manage care efficiently, whether for an individual or for a population, you need to automate information gathering and present the results to the care provider in a way that makes sense. The information exchange should enable this by including the following: Connections across the health and social care continuum — Traditionally, efforts to increase interoperability have concentrated on physician-office and hospital data exchange. A robust information exchange should also include prescription data, lab results, behavioral health records, claims, home care documentation, remote...

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INTERSYSTEMS WHITE PAPER Collaboration Is the Key for Health Plans in a Shared Risk Environment-6

Mitigate Risk Optimize Engagement Risk comes in many forms — clinical, financial, and technical. It cannot be eliminated, but it can be mitigated. A health informatics platform should provide visibility to existing and potential risk, insight to manage it, and technology to limit it. Engagement is the active participation and collaboration that comes with genuine partnership across the care community. For providers, partnership strengthens relationships with patients, increases efficiency, and delivers meaningful measurements of value. For patients, partnership implies a culture of respect, transparency,...

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INTERSYSTEMS WHITE PAPER Collaboration Is the Key for Health Plans in a Shared Risk Environment-7

InterSystems HealthShare The promise of healthcare reform is a healthcare system that delivers value for everyone involved. Transformation requires more than just technology, but care communities built upon a foundation of shared information have the power to deliver that vision and create sustained value. In KLAS’s Interface Engines Performance Report – May 2015, InterSystems performs above average in every performance category measured by KLAS, including implementation quality and timeliness. InterSystems technology powers: n InterSystems HealthShare software is designed for health plans and...

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InterSystems Corporation World Headquarters One Memorial Drive Cambridge, MA 02142-1356 Tel: +1.617.621.0600 InterSystems.com InterSystems Ensemble is a registered trademark of InterSystems Corporation. Other product names are trademarks of their respective vendors. Copyright © 2015 InterSystems Corporation. All rights reserved. 5-15 ­­­

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*Prices are pre-tax. They exclude delivery charges and customs duties and do not include additional charges for installation or activation options. Prices are indicative only and may vary by country, with changes to the cost of raw materials and exchange rates.