Renewed Focus on Care Transition Technologies

Before the Patient Protection and Affordable Care Act, the healthcare industry was, “more or less, smooth sailing,” according to Matt Tanzer, chair of the National Transitions of Care Coalition’s Healthcare IT Innovations Task Force, in a recent webinar.

Mr. Tanzer goes on to say “Revenue was increasing, employment was growing,” he continued. “There was little financial justification for serious investments in transitional care quality. Readmission was a poor patient outcome, but not a poor financial outcome.”

However, with the transition from fee-for-service to fee-for-value, healthcare providers are having to refocus on preventing readmissions. If they don’t, and organizational performance is poor, it will not only get a financial penalty, it will get the “black ball’ stigma of public notice of failure. While it has certainly been a period of adjustment and transition, Mr. Tanzer said improving the transition of care process can help providers decrease readmissions and improve their competitive advantages and Optimium Health could not agree more.

For more about what Matt Tanzer and 5 other industry executives had to say about more efficient and effective care transitions and reducing readmission, please follow the following link to the full article as it appeared in Becker’s Health IT: https://www.beckershospitalreview.com/healthcare-information-technology/when-it-and-reimbursement-intersect-the-renewed-focus-on-care-transition-technologies.html

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