How Technology Can Optimize a Value-Based Care Transition
Value-based care is a transformed approach to healthcare that focuses on delivering value to the patient. The fundamental tenet of value-based healthcare is that a patient’s needs must come first in the planning and administration of healthcare delivery systems. Value for patients is created by organizing healthcare delivery systems around patients’ medical conditions, measuring the health outcomes that matter to patients, and tracking the costs required to achieve those outcomes.
Technology is a core enabler in addressing business challenges faced during the implementation of value-based healthcare.
To successfully implement value-based care, it is critical to embrace technology to make the transition seamless and cost-effective. Electronic health record systems (EHR), population health management tools, telehealth, smart hospitals, digital therapeutics, and artificial intelligence (AI) are some of the core technologies driving significant advancements in value-based care. Together, these technologies can reduce healthcare delivery costs while also maximizing treatment efficacy and affordability and optimizing outcomes.
The Role of Technology in a Value-Based Healthcare Transformation
Wipro solution for value-based healthcare
Healthcare systems and payers are striving to achieve three critical goals:
Wipro, in partnership with health-tech organizations like Innovaccer, ZeOmega, IdealLife and others, has developed an end-to-end Value-Based Care (VBC) offering that addresses the business and technical challenges that need to be faced to achieve this “impossible trinity”.
Our VBC solution is coupled with design-led experience and engagement services (aimed at both patients and healthcare professionals) that strive to improve patient/member engagement. Our state-of-the-art Data Integration Platform integrates data from a variety of disparate sources, at scale and on a continuous basis. It is buttressed by a Population Health Platform, as well as Care Coordination services and Telehealth services, that work together to plan, prioritize and justify care in order to deliver operational efficiency. Real-time analytics for financial modeling and regulatory compliance address the complexity of regulatory requirements through advanced modeling, tracking and reporting.
Stakeholders in the healthcare system—including providers, health plans, employers and government agencies—share a common goal of enhancing patient health outcomes in relation to the cost of care.
Wipro’s solution for value-based healthcare focuses on bringing the following benefits to our healthcare clients:
1. Providers
2. Payers