What is Value-Based Purchasing?
Home healthcare is experiencing a transformative shift with the rise of Value-Based Purchasing (VBP). This groundbreaking model incentivizes agencies for delivering exceptional patient outcomes, placing high-quality OASIS-E documentation at the forefront of success.
OASIS-E, the Outcome and Assessment Information Set, encompasses critical patient data that influences VBP reimbursement. Precise and complete OASIS-E documentation is essential to accurately reflect patient progress and secure optimal financial reward.
Here’s why mastering OASIS-E is crucial for your home health agency in the VBP era:
- Maximizing Reimbursement: Precise OASIS-E coding ensures accurate representation of patient needs and services, leading to maximized VBP payments.
- Demonstrating Value: OASIS-E data serves as evidence of achieved patient outcomes, justifying VBP bonuses and showcasing your agency’s effectiveness.
- Optimizing Performance: Analyzing OASIS-E data allows for identifying areas for improvement, enabling targeted interventions to enhance patient care and further optimize VBP performance.
- Ensuring Compliance: Accurate OASIS-E documentation safeguards your agency from potential audits and penalties, ensuring smooth operations and financial stability.
Navigating the complexities of OASIS-E can be challenging. This is where HealthRev Partners steps in as your trusted partner.
We offer a comprehensive suite of services to empower your agency to excel in VBP, including:
- Expert OASIS-E Coding: Our team of dual certified specialists provides impeccable accuracy and compliance in capturing and coding patient data.
- VBP Optimization: We analyze your OASIS-E data to pinpoint improvement opportunities and develop strategic action plans to maximize your VBP performance.
- Technology-Driven Efficiency: Our cutting-edge platform, Velocity, streamlines administrative tasks, freeing up your time and resources for patient care and strategic growth.
- Real-Time Insights: We provide comprehensive reporting tools, offering invaluable insights into your agency’s performance and enabling data-driven decision-making.
- Dedicated Account Management: You’ll have a dedicated point of contact for personalized attention and seamless collaboration throughout your VBP journey.
Don’t let OASIS-E be a roadblock to your VBP success. Partner with HealthRev Partners and unlock the power of high-quality OASIS-E documentation to:
- Maximize your VBP reimbursement
- Deliver exceptional patient outcomes
- Boost your agency’s efficiency and profitability
- Ensure VBP compliance and avoid penalties
- Become a leader in the VBP-driven home healthcare landscape
Schedule a free consultation today and discover how HealthRev Partners can help your agency thrive in the exciting new world of VBP.
Together, let’s revolutionize home healthcare by harnessing the power of OASIS-E and achieving remarkable patient outcomes.
