Since implementing StrataJazz Decision Support in 2016, Mercy have continued to push the envelope to get actionable decision support data in front of the right people, in the right place, at the right time. In this session, members of Mercy’s decision support team will share how they have leveraged decision support tools to drive better outcomes and better margins.
Negotiating Your Payor Contracts with StrataJazz
Like Mission Health, many hospitals and health systems across the country are impacted by diminishing reimbursement rates on an annual basis. Meanwhile operating expenses, such as pharmaceuticals and supplies, continue to rise. For several years, Mission Health has launched numerous cost savings initiatives that cut costs and sustain margins without compromising quality and safety of their patients. Monitoring and reporting the results can be time consuming. All the while other projects loom, including contract renewals. Mission needed an effective and efficient solution for modeling changes in reimbursement. Their use of Strata Contract Analytics continues to meet their needs for efficient contract modeling during managed care negotiations as well as proposed reimbursement changes by other payors.
- Explain the changing landscape of hospital reimbursement
- Learn how to leverage your existing Decision Support data to model reimbursement terms proposed by payors
- Understand the functionality of Contract Analytics, including how to test results for accuracy