Remedy Partners and PointClickCare Partnership Prepares Skilled Nursing Facilities for Success in Value-Based Care
DARIEN, Conn.–(BUSINESS WIRE)–Remedy Partners, the nation’s leading bundled payment company, and PointClickCare, the leading cloud-based software platform for the long-term post-acute care market, are partnering to offer a secure data integration solution to assist acute and post-acute care providers with exchanging data for patients enrolled in bundled payment programs. This sharing of patient health information helps facilitate the proper identification of covered patients and provides payers and providers with real-time visibility into how a patient is progressing through the transitions of care—from the hospital to facility-based post-acute care to home.
The data exchanged between PointClickCare and Remedy Partners’ Episode Connect™ platforms enables Remedy Partners and SNFs participating in the Centers for Medicare and Medicaid Services (CMS) BPCI Model 3 program to improve outcomes for tens of thousands of patients a year by more effectively managing care transitions throughout a patient’s recovery. This results in an improved patient experience at a lower cost to CMS, which shares the savings among the participating providers in the program. SNFs considering participation in the upcoming BPCI Advanced program will benefit significantly from this partnership.
Episode Connect, Remedy Partners’ data-driven technology platform, integrates with PointClickCare’s electronic health record (EHR) and revenue cycle management platform to combine episode-of-care data for patients in a secure HIPAA-compliant process. Once the patient data is integrated in Episode Connect, the patient records are easily accessed by professionals across all existing and future care settings. Episode Connect has managed more than 440,000 cumulative BPCI episodes to date and processes more than 18 million EHR transactions per month.
“Data sharing and coordination between acute and post-acute care providers has been an elusive goal with many process improvement efforts,” said Chris Garcia, chief executive officer of Remedy Partners. “For those skilled nursing facilities treating patients in value-based payment models, such as the CMS BPCI program or the Accountable Care Organization program, it is absolutely critical that all data pertaining to patients’ episodes of care is comprehensive and easily accessible.”
“Sharing patient data in an efficient and secure way is critical to improving care coordination and enhancing financial and operational performance,” said Dave Wessinger, co-founder and chief technology officer at PointClickCare. “This partnership with Remedy Partners further supports our commitment to helping long-term and post-acute care providers gain better insights through data and not only survive, but thrive within the new realities of value-based payment models.”
Remedy Partners and PointClickCare are working together to pilot other promising technologies to better manage patients further along in the post-acute setting, particularly in home and community residences. These technologies, combined with robust sharing of acute data and post-acute data from SNFs, will facilitate the best outcomes for patients across the continuum of post-acute care.
About Remedy Partners
Remedy Partners delivers software and services that enable payers, employers and at-risk providers to organize and finance healthcare delivery around a patient’s episode of care. For healthcare providers, Remedy Partners’ software, analytics and administrative services support bundled payment contracts with Medicare and non-governmental payers, often through shared-risk partnerships. For payers, Remedy Partners empowers the development of bundled payment contracting programs and guides development of bundled payment networks. Remedy Partners presently delivers its services to partners at more than 1,000 healthcare locations nationwide.
About PointClickCare Technologies Inc.
PointClickCare Technologies Inc. is advancing senior care by enabling long-term and post-acute care (LTPAC) and senior living providers to achieve the business results that matter – enriching the quality of life for their residents, improving financial and operational health, and mitigating risk. Recognized by Forbes as one of the Top 100 Private Cloud Companies for 2016 and 2017, and named by KLAS Research as the Best in KLAS vendor for long-term care for four consecutive years, PointClickCare offers a portfolio of cloud-based software and services designed from the ground up to help providers manage the complex requirements of senior care. With a suite of fully integrated applications powered by an interoperable, mobile friendly, and regulatory-compliant electronic health record and revenue cycle management platform, PointClickCare helps our customers connect and collaborate within their care network, achieve and demonstrate higher quality outcomes, optimize financial performance and simplify their regulatory burden. Over 14,000 skilled nursing facilities, senior living communities and home health agencies use PointClickCare today, making it the North American healthcare IT market leader for the senior care industry. For more information on PointClickCare’s ONC-certified software solutions, please visit www.pointclickcare.com.