Despite independent physician efforts to remain competitive, many struggle managing exhaustive administrative work, payer negotiations, information technology, and quality and safety compliance requirements. With that, an increasing number of doctors are joining larger practices or becoming health system employees in order to participate in new payment models such as accountable care organizations (ACOs), value-based care contracting, and CMS incentive programs.
Health systems have been aggressively acquiring physician practices as organizations aim to better align physician networks to reduce medical variation, improve outcomes and satisfy payment reforms that require broader populations to remain healthy.
HealthEC assists independent physicians and physician groups in establishing or further enabling Clinically Integrated Networks (CINs).
Independent physician practices use HealthEC’s clinical and financial data aggregation services across multiple specialties and Electronic Medical Records systems (EMRs). In fact, HealthEC has integrated with 200+ EMRs, and facilitated interoperability across 50 different EMRs within a single provider network.
HealthEC provides a full service offering to help physicians, physician groups, medical societies and other organizations create a Clinically Integrated Network infrastructure and provide ongoing optimization of value-based care services.
One-time, initial organizational and structural development of a new physician-centric CIN
Day-to-day management of the CIN including committee management, administration and compliance
Collection and analysis of claims and clinical data into actionable output to drive utilization and cost management
Care management services for the top 2-3% of the population driving health resource utilization
Advisory services to implement value-based thinking into individual practices
Support for the development of value-based arrangements with payers
HealthEC helps physicians maintain their independence and keep care local, while providing access to value-based contracts as part of a collaborative group. Providers are able to take on higher levels of accountability for cost and quality by working across practices to manage utilization and overall population health.
With extensive experience in data interoperability, care coordination, practice transformation, patient-centric medical homes, contract negotiations, and developing strategic partnerships, HealthEC helps ensure the success of independent physicians by offering a coordinated service program to health plans.
Independent physicians are a precious commodity and HealthEC is proud to help these providers survive in a value-based world. HealthEC enables independent physicians to remain competitive amidst revenue and cost pressures brought about by health reform initiatives, while taking on higher levels of accountability for the care of their patients.