January 17 Webinar: Leveraging Real Time Data to Navigate New Patient-Driven Payment Model
By Medline Newsroom Staff | January 11, 2019
It’s 2019 and that means the new Patient-Driven Payment Model (PDPM) is approaching and changing how skilled nursing providers are reimbursed. In particular, PDPM is shifting how they collect data and puts a focus on analyzing and comprehending patient diagnoses and care needs so they have greater knowledge of what they will get reimbursed for. As the pressure is on to learn new methods for optimizing payments, access to real time data is an essential component of navigating the new payment model. Providers will need to accurately capture changes in patient condition and correctly classify each patient for reimbursement is an essential component of navigating the new payment model.
On January 17, Medline is partnering with Scott Rifkin, M.D., founder of Real Time Medical Systems and Marc Zimmet, president and CEO of Zimmet Healthcare Services Group to host a webinar through McKnight’s Long-Term Care News that will discuss the role technology will play in setting providers up for success under the new payment model. Attendees will learn how to:
- Understand the interaction between the composite scores that comprise the PDPM rate Identify lost opportunities for PDPM reimbursement;
- Identify and extract key data that will optimize the initial patient assessment rate
- Understand how to capture clinical changes to identify opportunities for Interim Payment Assessments (IPAs)
- Identify which elements of PDPM are outside the scope of an EMR’s capability
- Identify effective PDPM analytics tools
Since its inception in 2016, Real Time Medical Systems has helped providers enhance their reimbursement for Medicare patients by up to $15 per day. The simple application sits on top of a facility’s EMR and extracts up to 150 clinical data elements on every resident, several times per day, to provide a live view a patient’s present conditions. The company recently introduced a new PDPM tool that breaks reimbursement into four pieces and analyzes all information in a skilled nursing provider’s EMR to create a composite score. It then provides ongoing monitoring of the interactions of these areas to calculate the highest possible score.
Visit www.mcknights.com/webinarJanuary17 for more information and to register for the webinar.