EHR Value Realization Sales Deck

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Transcript EHR Value Realization Sales Deck

How to Achieve Your Multi-Million Dollar Value from Your EHR Investment

February 17, 2014

Learning Objectives Participants will:

Discuss industry challenges in realizing value from IT investments Review a practical framework for evaluating your organization’s capability to realize value.

Learn key tactics for getting your organization focused on benefits and ROI.

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Results of CIO Prioritization Exercise

(October 2012 CHIME Fall Forum)

2 4 6 8 10 12 Votes: 0

Population Health/ACO/New Models of Care/PCMH Leveraging Information and Big Data Achieving Meaningful Use “Optimizing Current Systems / EHR Value Realization Completing ICD-10 Ability to Exchange Data Cloud-First/Bring Your Own Device Data Governance Implement New Systems and New Sites M&A/Affiliation (IT Implications) Patient-Centric Solutions (including Self-Service) eVisits/Tele-Health/mHealth Interoperability (including Bedside Medical Devices) Outreach (Hospital and Provider) Workforce Management Ambulatory Systems Contact Centers Focus on Clinical Systems Health Information Exchange IT Service Management Research Support Cost Reduction Genomics/Personalized Medicine IT Governance Process Improvement Securing Patient Information ingenuity | intensity | integrity

Actual funded priorities over the next 2 years What else in an ideal world would you focus on in the next 2 years?

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Realize the Full Benefit of the EHR

What are stakeholders saying?

   “Our system just doesn’t seem to work well, and I have heard from colleagues that there is a better EHR out there – let’s buy that new system!” “Documentation is full of too much extra stuff, and I can’t find the information I need to take care of my patients – how do we fix this?” “We spent lots of time and dollars to put in this system and have been working with it for 4 years but we still haven’t seen any improvements in our coding and revenue.”

There are many symptoms of EHRs that are under-performing

Dissatisfied clinicians, staff and patients/customers

  

Low adoption rates Multiple workarounds Promised benefits (clinical and revenue) unrealized

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Value Realization

Key Drivers

Physician engagement/ satisfaction

Accountable care

Brand/reputation

Data driven culture

Meaningful Use

ICD-10

Shift from volume-based care to value-based care

Population Health Experience of Care

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Per Capita Cost

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Value Realization (VR) Framework

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Value Realization: What is it?

Realize

increased value from your EHR investment

3.

Realize 1.

Optimize Optimize

the user experience (physicians, staff and patients/ consumers)

2.

Measure Measure

associated benefit metrics ingenuity | intensity | integrity Page 7

Value Realization:

Core Competencies

In order to maximize the value of an Electronic Health Record (EHR), it is critical to develop a roadmap that addresses many core competencies, all in support of an optimized user experience and continuous value realization.

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Value Realization:

Competency Definitions

1. User Experience: Optimize the process and supporting systems to enhance the overall user experience (both clinicians and patients/consumers). 2. Governance: focus on value, accountability, alignment and mitigation of risks.

3. Change Leadership: Create a culture and a framework to make changes faster, smarter and more effective. 4. Performance Improvement: Measure the output of a particular process or procedure, then modify it to increase the output, increase efficiency and effectiveness.

5. Training and Education: Offer learning methods that match the time constraints and learning styles of end users to introduce new functionality and improved ways of interacting with the system. 6. IT Services: Align business and IT objectives to ensure delivery of value to the organization while mitigating risks and maximizing user satisfaction.

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Value Realization Maturity Model

Level 1:

Structures and priorities remain implementation focused; KPIs and supporting metrics are not defined or understood

Level 2:

A roadmap for value realization is developed; change control and prioritization become a priority

Pockets of proficiency Training addresses needs

Level 3:

Multi-disciplinary governance structure; priority of changes aligned to goals and benefit realization

Level 4:

Value is measured and realized; continuous improvement

Leaders held accountable for outcomes maximized Value is expected and outcomes are achieved Quality and efficiency Centrally chartered performance improvement projects User groups are leveraged Benefit metrics owned, tracked and actively managed Satisfaction and adoption is increasing Change control board and process established Analytics capabilities enhanced Productivity and process efficiency is low Processes are established to manage and measure metrics and KPIs Large backlog of requests Limited benefit metrics Low adoption and user satisfaction FOUNDATIONAL ASPIRATIONAL PEOPLE, POLICIES, TECHNOLOGY ADOPTION ingenuity | intensity | integrity PROFICIENT TRANSFORMED Page 10

EHR Value Realization Framework

Competencies

1.

User Experience 2.

3.

4.

5.

6.

Governance Change Leadership Performance Improvement Training and Education IT Services

Level 1:

Structures and priorities remain implementation focused; KPIs and supporting metrics are not defined or understood

FOUNDATIONAL

Maturity Levels

Level 2:

A roadmap for value realization is developed; change control and prioritization become a priority

People Process ASPIRATIONAL BENEFITS FRAMEWORK

Level 3:

Multi-disciplinary governance structure; priority of changes aligned to goals and benefit realization

Technology PROFICIENT

Level 4:

Value is measured and realized; continuous Improvement

TRANSFORMED ingenuity | intensity | integrity Page 11

Steps in the EHR VR Methodology

“Call to Action”

1. Shared framework and goals 2. Project Kickoff

“Assess the Current State”

1. Evaluate experiences, perceptions and beliefs 2. Analyze current system configuration / opportunities 3. Document influencing factors ingenuity | intensity | integrity

“Define the Vision”

1. Facilitate group visioning 2. Develop guiding principles

“Plan and Execute”

1. Implement quick wins (intense short-term effort; big benefit 2. Develop roadmap Page 12

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Benefits Framework

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How Do You Know When You Have Achieved Value from Your EMR?

Quality Cost

VALUE

Patient Experience Safety

Benefits must be measured and managed to achieve value.

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Benefits Framework

Process to Identify, Track and Manage Benefits

      Develop short-list of strategic benefit objectives with named owners Secure executive agreement Describe and communicate each benefit objective including: – Benefit statement – what will be achieved?

– Selected metric(s) – how it will be tracked?

– Expected outcome – what is the target?

– – Timeframe to realize outcome – when will the target be achieved?

Required technology change – what design/configuration will support this?

– Required process change – what process/staffing will support this?

Establish governance group to oversee benefit metric progress and address any barriers Develop tool to track the status of the functional build and process changes required to achieve expected benefit outcome Develop tool to track the status of benefit metrics based on expected timeline to goal ingenuity | intensity | integrity Page 15

Example Metrics

Goal: Improve Coding Efficiency

Category

Quality Physician Satisfaction Revenue Cost X

Benefit Objective

 Ensure that documentation justifies the intensity of services actually rendered to assign proper DRG. 

Measurement Tools

Measure # of CDI queries before and after documentation changes.  Provide clinical, quality, coding and regulatory requirements, with standards, to streamline documentation to support clinical facts of the case/appropriate intensity of care.

 Focus on top 5 coding related denials and reduce those denials.

 Measure charges coded per hour before and after documentation changes.

Ease of Measure Actionable Baseline Available June 2013

Yes Yes ingenuity | intensity | integrity Page 16

Industry Examples

The potential to realize significant benefits from your EHR is high when you manage your initiatives using a Benefits Framework.

Allina Health

Clinical resource use - $12.4 mm Adverse drug events - $4.8 mm Duplicate testing - $800,000 Drug utilization/cost - $600,000 Documentation workload - $1.7 mm Order proc. workload - $1.2 mm HIM workload - $2.5 mm Accounts rec. reduction - $2.4 mm Denial reduction - $15.5 mm Data quality improvement - $7.8 mm Net revenue increases - $5.1 mm Revenue cycle FTEs - $800,000

Total: $55.6 million Across 11 hospitals Texas Health Resources

Evidence-based care - > $50 mm Medication safety - $8-15 mm Complications reduction - NQ Order turnaround time - 1-2 hrs Increase efficiency - NQ Patient throughput - ED LOS cut Reduce paper forms - $1 mm Reduce denials - NQ Optimize medication use Charge capture - $ 2-3 mm

Total: $60-69 million Across 13 hospitals

Source: HIMSS Davies Award Applications ingenuity | intensity | integrity

Sentara Healthcare

Nursing OT, retention - $5.2 mm IT maintenance - $4.2 mm Medical rec./transcript. - $4.1 mm Increased O/P services - $3.2 mm Reduced length of stay - $3.1 mm Reduced ADEs - $2.9 mm Reduced paper/storage - $2.4 mm Other improvements - $4.9 mm

Total: $30 million Across 11 hospitals

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Key Takeaways

       Engagement is required from all parts of the organization; this is not an IT initiative Value realization is a multi-dimensional effort; need to consider organizational structures, behaviors and processes Benefits must be measured and managed to achieve value There are no quick fixes to achieve sustained value It is critical to understand where you are starting from across all competency areas before you can develop a plan to improve and achieve your vision Strive to develop a balanced plan that facilitates quick wins and aligns to the strategies of the organization Change leadership is required to establish a culture where value is expected and achieved ingenuity | intensity | integrity Page 18

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Q&A

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