Leveraging Existing Technology to Proceed Along the Risk Continuum
Technology is essential when participating in any form of alternative payment models (APMs).However, for organizations looking to move into these arrangements, they often fear that they will need to make drastic changes to existing technology platforms and electronic health record (EHR) systems, so that effective data exchange with key partners or other practices can be enabled.
The good news is that organizations should not have to change their EHR to thrive in these arrangements; instead, they need to identify and implement key functionalities to effectively capture, understand, and use data. These capabilities will facilitate better clinical decision-making, reduce care costs and mitigate risk - essential strategies for successful APM participation.
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