The move to value-based reimbursement (VBR) across the health and human services field is a driving force for both public and private sector organizations. VBR is influencing the design of new operating models and systems, and pushing provider organizations to develop new partnerships with payers and prepare for population health management.
For executives and leadership of provider organizations, the transition to VBR presents organizational, technical, and cultural challenges that will affect many areas of the business model. As leaders develop strategies, it is important to incorporate tactics to transition their organizations from success in the current hybrid FFS/VBR market – to success in a mature VBR market.
To help provider organizations navigate the management challenges of this transition, OPEN MINDS has developed a web-based self-assessment for value-based reimbursement readiness. The OPEN MINDS Value-Based Reimbursement Readiness Assessment focuses on the following six organizational and technical domains that are critical to making the transition successful:
- Provider Network Management – Strategies to enhance provider networks
- Clinical Management & Clinical Performance Optimization – Data analyzed to drive clinical decisionmaking
- Consumer Access, Service Engagement – Processes to empower consumers and create engagement
- Financial Management – Revenue cycle management and accounting procedures to support contracts
- Technology & Reporting Infrastructure – Data leveraged to gain insight
- Leadership & Governance – Alignment of strategy with infrastructure and resources
Each domain encompasses a number of competencies that are key to operating in value-based market models. The OPEN MINDS Value-Based Reimbursement Readiness Assessment is designed to evaluate, identify areas requiring improvement, and provide recommendations at each domain level of the value-based system.
The self-assessment is designed to allow leadership teams to work as a group or to allow individual members of leadership to assess the organization from their point of view
When the Value-Based Reimbursement Readiness Assessment is accessed and responses are entered, the assessments tool will summarize the results and provide recommendations for your organization to improve in each area of competencies. Self-assessments may be completed an unlimited number of times.
This assessment is being provided free to you by Qualifacts and OPEN MINDS.
By accessing and completing the Value-Based Reimbursement Readiness Assessment, you are giving Qualifacts and OPEN MINDS permission to send you information about their services. Qualifacts and OPEN MINDS will not sell or transfer your name, address, or email address to other entities. Your organizations’ individually identifiable assessment results will not be shared with any party without your consent.
This is an educational tool only. Through use, I agree not to hold OPEN MINDS and/or Qualifacts Systems, Inc. liable for any errors in the tool.