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On Demand: Hiding in Plain Sight Part 2: Formalizi ...
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Pdf Summary
The document discusses the formalization of care management services to improve Return on Investment (ROI). It emphasizes the importance of conducting a current state analysis, estimating patient populations, understanding payor structures, identifying gaps, and projecting financial outcomes. Various care management services, such as Transitional Care Management (TCM) and Principal Care Management (PCM), are outlined, detailing patient criteria and required elements. Recommendations include utilizing existing resources, analyzing current workflows, and developing effective communication strategies. Key steps for success involve calculating revenue per encounter, staffing requirements, space allocation, and financial projections. The document stresses the importance of setting realistic goals, building for the future, and focusing on good patient care. It concludes with key takeaways highlighting the significance of formalizing care management practices and designing programs with future needs in mind. For further information and registration, the CVTransforum.com website is recommended. The authors, Joel Sauer and Ana Mercurio-Pinto, are available for questions and consultation regarding care transformation strategies.
Keywords
care management services
Return on Investment
current state analysis
patient populations
payor structures
Transitional Care Management
Principal Care Management
staffing requirements
financial projections
good patient care
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