And what’s more, he notes as insurers and providers continue to work on paying for quality measures, if the organization doesn’t have the quality data to either verify what it is saying, substantiate how much it is paying, or why it is paying that number, then “you are just accepting that without any question. We can now get a quality check for an incentive we were promised, and we can verify if we were paid correctly or not,” Creaven says. “And then we can go to the payer and say that our data is so much better than even what you required, so we can then go to the table and renegotiate for a better deal.” He adds, “In today’s market, you can’t be a big physician group or healthcare organization, especially with the managed care incentives and quality programs [that exist], without an analytics platform behind you. I can’t imagine doing it.”
Get the latest information on Health IT and attend other valuable sessions at this two-day Summit providing healthcare leaders with educational content, insightful debate and dialogue on the future of healthcare and technology.