Lower costs, better care: home health value-based purchasing (HHVBP) is driving future of quality care
OASIS-E documentation with HealthRev value-based purchasing compliance means a focus on quality care and accurate OASIS-E documentation with HealthRev Partners. It’s a simple equation:
Exceptional patient care: When your team prioritizes delivering the best possible care, the OASIS-E documentation naturally falls into place. Accurate documentation becomes a seamless reflection of the excellent service you provide.
HealthRev Partners: We’re more than just coding experts. We’re your partners in achieving OASIS-E mastery. Our tailored solutions and expert guidance empower your team to confidently capture every detail with precision, ensuring optimal reimbursement.
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What’s new in HH Value-Based Purchasing in 2024?
While the core objectives remain the same, 2024 brings some crucial updates and applications:
Payment Adjustments
The first payment adjustments based on 2023 and 2024 performance will occur in 2025. This means the time to focus on quality and accurate documentation is now!
OASIS-E Implementation
The transition to OASIS-E further emphasized the importance of precise and comprehensive patient assessments.
Updated Measures
Some quality measures revised or replaced, focus on areas like functional decline prevention, potentially avoidable hospitalizations, and patient experience.
Goals of the VBP payment structure
One key aspect of VBP in home healthcare is the OASIS-E (Outcome and Assessment Information Set). This standardized assessment tool captures detailed data about patients’ functional status, medical conditions, and care needs.
Improve The Overall Quality Of Care
By tying financial incentives to outcomes, VBP encourages providers to prioritize interventions that truly make a difference for patients.
Reduce Healthcare Costs
By focusing on preventing avoidable complications and readmissions, VBP can potentially lead to decreased overall healthcare spending.
Increase Transparency And Accountability
VBP makes performance data more accessible, allowing patients and policymakers to compare providers and hold them accountable for delivering quality care.
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:
Our team of dual certified specialists provides impeccable accuracy and compliance in capturing and coding patient data.
Our cutting-edge platform, Velocity, streamlines administrative tasks, freeing up your time and resources for patient care and strategic growth.
We provide comprehensive reporting tools, offering invaluable insights into your agency’s performance and enabling data-driven decision-making.
You’ll have a dedicated point of contact for personalized attention and seamless collaboration throughout your VBP journey.
What is OASIS-E?
Since its inception in 1999, home health’s Outcome and Assessment Information Set (OASIS) has undergone several revisions targeted at enhancing validity and reducing collection time. Many of these changes have been directly related to the Impact Act of 2014 (Improving Medicare Post-Acute Care Transformation Act), which implemented common standards and definitions when transitioning a patient from one care setting to another across the various post-acute care settings, and ultimately improve patient care.
OASIS accuracy is, and will continue to be, vital to home health operations going forward with OASIS-E. Home health agency’s quality measures, data collection, and reimbursement are all linked to the OASIS standardized instrument.
How can HealthRev help you unlock the full potential of Home Health Value-Based Purchasing?
OASIS-E consisted of the most extensive revisions of the OASIS data set ever. To be exact, there were 159 OASIS-E data elements changed with the new assessment forms. This included 39 new assessment items added to the OASIS-E charting.
We go beyond just coding and analyze your OASIS-E data and identify areas for improvement and significantly boost your performance under HHVBP.
We get you paid faster with our efficient billing and claims management processes, ensuring your agency has the financial resources it needs to thrive.
Gain valuable insights into your agency’s performance with our real-time reporting tools, allowing you to make data-driven decisions that optimize your RCM.
Don’t let HHVBP be a challenge, make it an opportunity.
Partner with HealthRev Partners and leverage our OASIS-E expertise to:
Maximize your reimbursement under HHVBP
Improve patient outcomes and satisfaction
Prepare for the future of home health care
Boost your agency’s efficiency and profitability
Contact Us Today To Schedule A Consultation And Learn How Our Outsourced RCM Services Can Help Your Agency Thrive In The Era Of HHVBP
Preceptor Partnership
Our Preceptor Partnership Program improves clinician performance and fosters improved documentation practices.
- Improve documentation accuracy and regulatory compliance
- Increase clinician confidence with an OASIS assessment
- Foster better team collaboration while increasing job satisfaction and retention
- Enjoy cost savings from reduced errors, risk of audits, and proper reimbursement
Preceptor Partnership
Training on specific OASIS-E guidelines
HealthRev Partners also provides more in-depth guidance related education that can be purchased and downloaded which covers the following:
Cognitive & Mood Assessment
BIMS & S/Sx of Delirium
C0100-C1310
Mood Interview
D0150-D0160
SDOH & Transfer of Health Information
Admin
A1005-A1250
Health Literacy to include Vision & Hearing
B0200-B1300
Social Isolation
D0700
TOH Information
A2120-A2124
SDOH & Transfer of Health Information
Admin
A1005-A1250
Health Literacy to include Vision & Hearing
B0200-B1300
Social Isolation
D0700
TOH Information
A2120-A2124
Using technology to improve data accuracy and efficiency
Velocity Platform
At HealthRev Partners we assist with the time-consuming task of identifying an agency’s needs regarding OASIS-E education and training. HealthRev Partner’s Velocity uses advanced technology to take agencies to the next level. By combining clinical documentation intelligence with unmatched transparency, we can provide real time analytics related to the OASIS-E health of your agency to help avoid penalties, promote maximum reimbursement, and improve publicly reported outcomes.
