03-23-2015, 11:52 PM
ThePhysician Alliance Expands Rollout of Wellcentive Solution to Improve Quality, Earn Value Based Care Incentives from Payers
Technology-enabledpopulation health management maximized physician group’s pay-for-performance reimbursement
Expanded use of Wellcentive’s population health management solution isa critical component of The Physician Alliance’s strategy for managing risk as the healthcare industry transitions to a value-based care delivery model. The physician organization has already experienced success using the Wellcentive solution to participate in Blue Cross Blue Shield of Michigan’s Physician GroupIncentive Program (PGIP). The group’s physicians received themaximum pay-for-performance reimbursement under the program in both 2013 and 2014.
“We formed our organization with the express intent of creating ahigh-performing network of physicians who could work together to transform the care delivery model and participate more easily in value-based contracts with payers,” said Michael Madden, CEO and president of The Physician Alliance. “Wellcentive has already proven its value in helping us achieve value-based reimbursement. We are confident that we have the technology foundation in place to manage an increasing number of payer-led initiatives.”
“Our enhanced partnership with The Physician Alliance will empowerphysicians and staff to serve their patient population more efficiently and effectively,” said Tom Zajac, Wellcentive’s CEO. “Over the past few years, we have worked with the physician organization to optimize pay-for-performance success. We are honored to continue supporting them in managing an increasingly complex array of value-based contracts and to prepare for the rapid shift where physicians take on significant risk.”
Wellcentive’s platform enables healthcare organizations to aggregatedata from all modalities of care, standardize best practices for managing care and continuously improve clinical and financial outcomes. Wellcentive’s care management solution, which The Physician Alliance will now incorporate into its existing Wellcentive solution suite, will help physician practices manage complex cases, support transitions of care, and empower nurses and providers with insights and workflow to drive optimal population health.
The new agreement also includes Wellcentive’s services for monitoringand improving data quality. Critical to accurately directing care processes, Wellcentive will monitor the physician group’s data to structure and ensure a complete longitudinal view of information that is consistent, accurate and actionable for physicians.
About The Physician Alliance
The Physician Alliance, LLC (TPA) is one of the largest physicianorganizations in Michigan. TPA works to establish a high performing network of physicianscommitted to evolving the care model strategy while remaining consistent with the principles of the Patient Centered Medical Home. Serving more than 2,100 physicians, TPA supports members through contracting and collaboration with third party payers, educational services, networking opportunities, discount product programs, public advocacy and collaboration with other stakeholders in Michigan healthcare. Membership is open to any boardcertified or board eligible physician with hospital staff privileges at an accredited acute care hospital. For more information and to join TPA, please visit www.thephysicianalliance.org or call (586) 498.3555.
About
Wellcentive
Built from the ground up to help customers improve clinical, financialand human outcomes, Wellcentive’s population health management technology is cloud-based, scalable, and customized to meet the needs of providers, health organizations and payers. Wellcentive’s technology, insight and services help care teams measure and report performance and implement actionable workflow to drive value-based reimbursement and thetransition from volume to value. Wellcentive has gained recognition as a leader in population health management in reports recently released by IDC Health, KLAS and Chilmark. Wellcentive aggregates data from more than3,000 interfaces, and its solutions improve outcomes for over 30 million lives. Visit www.wellcentive.com; follow us on Twitter, LinkedIn and Facebook; or call 877-213-8456 tolearn more.