COPE Health Solutions will be at HLTH in Las Vegas from October 9-11, 2023!
This Value Based Readiness Assessment will evaluate your organization’s readiness to succeed in a value-based contracting environment. It will assess current contracts, infrastructure and processes in place that are critical for gaining access to and successfully managing more of the premium dollar. Respondents will receive a package from COPE Health Solutions with results and recommendations tailored to your organization. We look forward to reviewing your results and discussing your organization’s readiness together.
Patient Outcome Measurements: Organization's ability to measure outcomes and costs for every patient
1= Not an organizational priority 2= A low level priority 3= A moderate priority 4= High priority 5= Highest priority.
1= No initiatives underway 2= Preliminary actions being taken 3= Implemented in some healthcare services 4= Competency being adopted across a significant portion of org 5= In operation across health system
1= Little to no evidence of alignment 2= Some foundational elements present, not effectively utilized 3= Aspect shows a satisfactory level of alignment with risk readiness goals 4= Aspect well-aligned with risk readiness goals, minor areas of improvement 5= Aspect full aligned with risk readiness goals
Revenue Streams: Diversity and reliability of revenue scores, including payor mix
Operational Efficiency: Ability to control costs and operate efficiently
Data Integration: Ability to pool data from different sources for a holistic view
Data security: Measures to ensure data protection and cybersecurity
Quality of Data: Data accuracy, timeliness, and completeness
Risk Assessment: Regular evaluation of both internal and external threats
Scenario Planning: Regular evaluation of both internal and external threats
Insurance and Hedging: Appropriate insurances in place, including considerations for hedging against potential financial risks
Contract Flexibility: Ability to negotiate and modify terms based on risk appetite
Provider Network Diversity: Wide variety of providers to ensure service continuity and quality
Payer Relationships: Strong relationships with diverse payers, ensuring steady revenue streams
Integrated Health Records: Seamless, real-time access to patient records across departments
Care Transition Management: Effective strategies for moving patients between care settings
Quality Measures: Metrics to ensure clinical excellence and patient safety
Health Screening Programs: Programs to identify and manage diseases early on
Population Health Analytics: Use of data to manage the health of a defined population
Community Engagement: Efforts to engage and partner with the community to improve health outcomes
Vision and Mission Alignment: Ensuring that risk-taking aligns with organizational values
Stakeholder Communication: Keeping all stakeholders informed and engaged in organizational changes
Employee Training and Buy-in: Ensuring that all levels of the organization understand and support risk strategies
