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How Well Do You Know Your Practice

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The document outlines a framework for estimating Minnesota health care home revenue by analyzing key drivers, the financial impact of practice variation, and performance across conditions and services. It emphasizes the use of data analysis to evaluate the ROI of health interventions and suggests methodologies for adjusting performance measures and creating composite quality scores. Additionally, it highlights the importance of determining the efficiency of providers through a combination of quality metrics and resource utilization.

Related topics:
Data Analysis Insights
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Estimate MN Health Care Home Revenue * Quantify Key Revenue Drivers * Estimate Financial Impact of Practice Variation * Analyze Revenue by Conditions and Services * Assess the ROI of Health Care Interventions * Case Mix Adjust Key Performance Measures * Create Composite Quality Scores * Turn Quality and Resources into Efficiency MetricsAre you relying on State data to estimate the revenue you may obtain through Health Care Home tiering?
Estimate MN Health Care Home Revenue * Quantify Key Revenue Drivers * Estimate Financial Impact of Practice Variation * Analyze Revenue by Conditions and Services * Assess the ROI of Health Care Interventions * Case Mix Adjust Key Performance Measures * Create Composite Quality Scores * Turn Quality and Resources into Efficiency MetricsEstimate MN Health Care Home RevenueTo estimate HCH revenue, Evidity analyzes diagnoses in your EMR data to identify the patients who fall into each HCH tier according to the definition outlined by the Minnesota Department of Health.
Estimate MN Health Care Home Revenue * Quantify Key Revenue Drivers * Estimate Financial Impact of Practice Variation * Analyze Revenue by Conditions and Services * Assess the ROI of Health Care Interventions * Case Mix Adjust Key Performance Measures * Create Composite Quality Scores * Turn Quality and Resources into Efficiency MetricsCan you pinpoint why one provider is generating more revenue than another?
Estimate MN Health Care Home Revenue * Quantify Key Revenue Drivers * Estimate Financial Impact of Practice Variation * Analyze Revenue by Conditions and Services * Assess the ROI of Health Care Interventions * Case Mix Adjust Key Performance Measures * Create Composite Quality Scores * Turn Quality and Resources into Efficiency MetricsQuantify Key Revenue DriversTo quantify revenue drivers, Evidity case mix adjusts your billing data and isolates the impact of patients per provider, visits per patient, and revenue per visit.
Estimate MN Health Care Home Revenue * Quantify Key Revenue Drivers * Estimate Financial Impact of Practice Variation * Analyze Revenue by Conditions and Services * Assess the ROI of Health Care Interventions * Case Mix Adjust Key Performance Measures * Create Composite Quality Scores * Turn Quality and Resources into Efficiency MetricsDo you know how much practice variation is affecting your bottom line?
Estimate MN Health Care Home Revenue * Quantify Key Revenue Drivers * Estimate Financial Impact of Practice Variation * Analyze Revenue by Conditions and Services * Assess the ROI of Health Care Interventions * Case Mix Adjust Key Performance Measures * Create Composite Quality Scores * Turn Quality and Resources into Efficiency MetricsEstimate Financial Impact of Practice Variation To estimate the financial impact of practice variation, Evidity case mix adjusts your billing data and models performance after an optimal benchmark.
Estimate MN Health Care Home Revenue * Quantify Key Revenue Drivers * Estimate Financial Impact of Practice Variation * Analyze Revenue by Conditions and Services * Assess the ROI of Health Care Interventions * Case Mix Adjust Key Performance Measures * Create Composite Quality Scores * Turn Quality and Resources into Efficiency MetricsIs your revenue coming from where you think?
Estimate MN Health Care Home Revenue * Quantify Key Revenue Drivers * Estimate Financial Impact of Practice Variation * Analyze Revenue by Conditions and Services * Assess the ROI of Health Care Interventions * Case Mix Adjust Key Performance Measures * Create Composite Quality Scores * Turn Quality and Resources into Efficiency MetricsAnalyze Revenue by Conditions and ServicesTo analyze revenue by conditions and services, Evidity links your EMR data to AHRQ and CMS data, so it can be grouped into more meaningful categories.
Estimate MN Health Care Home Revenue * Quantify Key Revenue Drivers * Estimate Financial Impact of Practice Variation * Analyze Revenue by Conditions and Services * Assess the ROI of Health Care Interventions * Case Mix Adjust Key Performance Measures * Create Composite Quality Scores * Turn Quality and Resources into Efficiency MetricsWhat has been the impact of your latest health improvement initiative?
Estimate MN Health Care Home Revenue * Quantify Key Revenue Drivers * Estimate Financial Impact of Practice Variation * Analyze Revenue by Conditions and Services * Assess the ROI of Health Care Interventions * Case Mix Adjust Key Performance Measures * Create Composite Quality Scores * Turn Quality and Resources into Efficiency MetricsAssess the ROI of Health Care InterventionsPropensity Score-Matched Control GroupEnsures similar age, gender, and comorbiditycharacteristics Study GroupControl GroupPre-/Post- Cohort DesignMakes certain impact is not due to different populations being in the pre- and post- periodPost-Pre-Multivariate Difference-in-Difference Regression ModelsGold standard for program evaluations after RCTsTo assess the ROI of health care interventions, Evidity uses rigorous evaluation techniques.
Estimate MN Health Care Home Revenue * Quantify Key Revenue Drivers * Estimate Financial Impact of Practice Variation * Analyze Revenue by Conditions and Services * Assess the ROI of Health Care Interventions * Case Mix Adjust Key Performance Measures * Create Composite Quality Scores * Turn Quality and Resources into Efficiency MetricsDo providers distrust performance metrics because they don’t account for the fact they have sicker populations?
Estimate MN Health Care Home Revenue * Quantify Key Revenue Drivers * Estimate Financial Impact of Practice Variation * Analyze Revenue by Conditions and Services * Assess the ROI of Health Care Interventions * Case Mix Adjust Key Performance Measures * Create Composite Quality Scores * Turn Quality and Resources into Efficiency MetricsCase Mix Adjust Key Performance MeasuresTo case mix adjust, Evidity synthesizes selected patient characteristics to calculate composite measures of complexity and severity that can be applied to revenue, quality, and utilization metrics.
Estimate MN Health Care Home Revenue * Quantify Key Revenue Drivers * Estimate Financial Impact of Practice Variation * Analyze Revenue by Conditions and Services * Assess the ROI of Health Care Interventions * Case Mix Adjust Key Performance Measures * Create Composite Quality Scores * Turn Quality and Resources into Efficiency MetricsCan you easily track a provider’s performance across the growing number of quality measures?
Estimate MN Health Care Home Revenue * Quantify Key Revenue Drivers * Estimate Financial Impact of Practice Variation * Analyze Revenue by Conditions and Services * Assess the ROI of Health Care Interventions * Case Mix Adjust Key Performance Measures * Create Composite Quality Scores * Turn Quality and Resources into Efficiency MetricsCreate Composite Quality ScoresTo create composite quality scores, Evidity standardizes and appropriately weights individual quality metrics before combining into a single performance measure.
Estimate MN Health Care Home Revenue * Quantify Key Revenue Drivers * Estimate Financial Impact of Practice Variation * Analyze Revenue by Conditions and Services * Assess the ROI of Health Care Interventions * Case Mix Adjust Key Performance Measures * Create Composite Quality Scores * Turn Quality and Resources into Efficiency MetricsHow do your providers fare when quality and resources are combined into an “efficiency” measure?
Estimate MN Health Care Home Revenue * Quantify Key Revenue Drivers * Estimate Financial Impact of Practice Variation * Analyze Revenue by Conditions and Services * Assess the ROI of Health Care Interventions * Case Mix Adjust Key Performance Measures * Create Composite Quality Scores * Turn Quality and Resources into Efficiency MetricsTurn Quality & Resources into Efficiency MetricsBubble size represents number of patients at each clinicTo create efficiency metrics, Evidity combines composite quality scores and resources.

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How Well Do You Know Your Practice

  • 1. Estimate MN Health Care Home Revenue * Quantify Key Revenue Drivers * Estimate Financial Impact of Practice Variation * Analyze Revenue by Conditions and Services * Assess the ROI of Health Care Interventions * Case Mix Adjust Key Performance Measures * Create Composite Quality Scores * Turn Quality and Resources into Efficiency MetricsAre you relying on State data to estimate the revenue you may obtain through Health Care Home tiering?
  • 2. Estimate MN Health Care Home Revenue * Quantify Key Revenue Drivers * Estimate Financial Impact of Practice Variation * Analyze Revenue by Conditions and Services * Assess the ROI of Health Care Interventions * Case Mix Adjust Key Performance Measures * Create Composite Quality Scores * Turn Quality and Resources into Efficiency MetricsEstimate MN Health Care Home RevenueTo estimate HCH revenue, Evidity analyzes diagnoses in your EMR data to identify the patients who fall into each HCH tier according to the definition outlined by the Minnesota Department of Health.
  • 3. Estimate MN Health Care Home Revenue * Quantify Key Revenue Drivers * Estimate Financial Impact of Practice Variation * Analyze Revenue by Conditions and Services * Assess the ROI of Health Care Interventions * Case Mix Adjust Key Performance Measures * Create Composite Quality Scores * Turn Quality and Resources into Efficiency MetricsCan you pinpoint why one provider is generating more revenue than another?
  • 4. Estimate MN Health Care Home Revenue * Quantify Key Revenue Drivers * Estimate Financial Impact of Practice Variation * Analyze Revenue by Conditions and Services * Assess the ROI of Health Care Interventions * Case Mix Adjust Key Performance Measures * Create Composite Quality Scores * Turn Quality and Resources into Efficiency MetricsQuantify Key Revenue DriversTo quantify revenue drivers, Evidity case mix adjusts your billing data and isolates the impact of patients per provider, visits per patient, and revenue per visit.
  • 5. Estimate MN Health Care Home Revenue * Quantify Key Revenue Drivers * Estimate Financial Impact of Practice Variation * Analyze Revenue by Conditions and Services * Assess the ROI of Health Care Interventions * Case Mix Adjust Key Performance Measures * Create Composite Quality Scores * Turn Quality and Resources into Efficiency MetricsDo you know how much practice variation is affecting your bottom line?
  • 6. Estimate MN Health Care Home Revenue * Quantify Key Revenue Drivers * Estimate Financial Impact of Practice Variation * Analyze Revenue by Conditions and Services * Assess the ROI of Health Care Interventions * Case Mix Adjust Key Performance Measures * Create Composite Quality Scores * Turn Quality and Resources into Efficiency MetricsEstimate Financial Impact of Practice Variation To estimate the financial impact of practice variation, Evidity case mix adjusts your billing data and models performance after an optimal benchmark.
  • 7. Estimate MN Health Care Home Revenue * Quantify Key Revenue Drivers * Estimate Financial Impact of Practice Variation * Analyze Revenue by Conditions and Services * Assess the ROI of Health Care Interventions * Case Mix Adjust Key Performance Measures * Create Composite Quality Scores * Turn Quality and Resources into Efficiency MetricsIs your revenue coming from where you think?
  • 8. Estimate MN Health Care Home Revenue * Quantify Key Revenue Drivers * Estimate Financial Impact of Practice Variation * Analyze Revenue by Conditions and Services * Assess the ROI of Health Care Interventions * Case Mix Adjust Key Performance Measures * Create Composite Quality Scores * Turn Quality and Resources into Efficiency MetricsAnalyze Revenue by Conditions and ServicesTo analyze revenue by conditions and services, Evidity links your EMR data to AHRQ and CMS data, so it can be grouped into more meaningful categories.
  • 9. Estimate MN Health Care Home Revenue * Quantify Key Revenue Drivers * Estimate Financial Impact of Practice Variation * Analyze Revenue by Conditions and Services * Assess the ROI of Health Care Interventions * Case Mix Adjust Key Performance Measures * Create Composite Quality Scores * Turn Quality and Resources into Efficiency MetricsWhat has been the impact of your latest health improvement initiative?
  • 10. Estimate MN Health Care Home Revenue * Quantify Key Revenue Drivers * Estimate Financial Impact of Practice Variation * Analyze Revenue by Conditions and Services * Assess the ROI of Health Care Interventions * Case Mix Adjust Key Performance Measures * Create Composite Quality Scores * Turn Quality and Resources into Efficiency MetricsAssess the ROI of Health Care InterventionsPropensity Score-Matched Control GroupEnsures similar age, gender, and comorbiditycharacteristics Study GroupControl GroupPre-/Post- Cohort DesignMakes certain impact is not due to different populations being in the pre- and post- periodPost-Pre-Multivariate Difference-in-Difference Regression ModelsGold standard for program evaluations after RCTsTo assess the ROI of health care interventions, Evidity uses rigorous evaluation techniques.
  • 11. Estimate MN Health Care Home Revenue * Quantify Key Revenue Drivers * Estimate Financial Impact of Practice Variation * Analyze Revenue by Conditions and Services * Assess the ROI of Health Care Interventions * Case Mix Adjust Key Performance Measures * Create Composite Quality Scores * Turn Quality and Resources into Efficiency MetricsDo providers distrust performance metrics because they don’t account for the fact they have sicker populations?
  • 12. Estimate MN Health Care Home Revenue * Quantify Key Revenue Drivers * Estimate Financial Impact of Practice Variation * Analyze Revenue by Conditions and Services * Assess the ROI of Health Care Interventions * Case Mix Adjust Key Performance Measures * Create Composite Quality Scores * Turn Quality and Resources into Efficiency MetricsCase Mix Adjust Key Performance MeasuresTo case mix adjust, Evidity synthesizes selected patient characteristics to calculate composite measures of complexity and severity that can be applied to revenue, quality, and utilization metrics.
  • 13. Estimate MN Health Care Home Revenue * Quantify Key Revenue Drivers * Estimate Financial Impact of Practice Variation * Analyze Revenue by Conditions and Services * Assess the ROI of Health Care Interventions * Case Mix Adjust Key Performance Measures * Create Composite Quality Scores * Turn Quality and Resources into Efficiency MetricsCan you easily track a provider’s performance across the growing number of quality measures?
  • 14. Estimate MN Health Care Home Revenue * Quantify Key Revenue Drivers * Estimate Financial Impact of Practice Variation * Analyze Revenue by Conditions and Services * Assess the ROI of Health Care Interventions * Case Mix Adjust Key Performance Measures * Create Composite Quality Scores * Turn Quality and Resources into Efficiency MetricsCreate Composite Quality ScoresTo create composite quality scores, Evidity standardizes and appropriately weights individual quality metrics before combining into a single performance measure.
  • 15. Estimate MN Health Care Home Revenue * Quantify Key Revenue Drivers * Estimate Financial Impact of Practice Variation * Analyze Revenue by Conditions and Services * Assess the ROI of Health Care Interventions * Case Mix Adjust Key Performance Measures * Create Composite Quality Scores * Turn Quality and Resources into Efficiency MetricsHow do your providers fare when quality and resources are combined into an “efficiency” measure?
  • 16. Estimate MN Health Care Home Revenue * Quantify Key Revenue Drivers * Estimate Financial Impact of Practice Variation * Analyze Revenue by Conditions and Services * Assess the ROI of Health Care Interventions * Case Mix Adjust Key Performance Measures * Create Composite Quality Scores * Turn Quality and Resources into Efficiency MetricsTurn Quality & Resources into Efficiency MetricsBubble size represents number of patients at each clinicTo create efficiency metrics, Evidity combines composite quality scores and resources.