Digging Into The Data: Reviewing Specialist Costs within a Group Practice with Franklin:BI

Digging into the Data: CMS has identified specialists and treatment of chronic conditions as part of their new Strategic Vision for coordinating care toward value. So let’s look at the chart below of a rheumatology group in Nashville, using the Franklin:BI business intelligence platform. It reveals that different specialists within this group treat rheumatology cases differently.

This chart allows you to view respective specialist cost per beneficiary from that practice alone – charges, payments, volumes – available down to the HCPCS code-level.

Understanding practice preferences, the risk score of the patient panel, and the choices within a single group practice are all means to better understand longitudinal episode costs and modalities of treatments.

This type of reporting could help your group:

  • Avoid chronic conditions and the episodes they create (using physician panel demographics to reveal chronic case loads)
  • Analyze underserved populations and see where to expand your services
  • Show improving quality of care and outcomes for all practitioners (by tracking MIPS and PBPY costs)
  • Capture your ACO’s Benchmark Adjustment for serving a higher proportion of the underserved
  • Access the latest Medicare FFS utilization data to get ahead of the CMS 2023 initiatives

Want to see what this data looks like for your specialty group?  Contact Anne Brandner (abrandner@tha.com) to schedule a demo.

Share Social:

Related News

ALL NEWS
FINANCIAL SAVINGS

New Energy Asset Concession program available to Tennessee hospitals

NEWS

Toy Drive benefits the kids at six Tennessee Children’s Hospitals

LEARN MORE

Are your physician recruiting packages competitive?

NEWS

THA Innovative Solutions Welcomes New Partner, Ludi

LEARN MORE

International Nurse Recruitment – Webinar Recording

NEWS

Introducing: THA Innovative Solutions!

NEWS

New Merritt Hawkins Survey: Physician Appointment Wait Times Getting Longer

DATA & TECHNOLOGY

THA Innovative Solutions Welcomes New Partner, AlertGPS

© 2024 • Tennessee Hospital Association 5201 Virginia Way Brentwood, TN 37027 United States. Phone 615-256-8240

Designed and Powered by One Eleven Digital