Netsmart, an industry-leading healthcare technology partner, will showcase the power of leveraging the CareFabric®platform to digitize enterprises to achieve greater efficiencies and support a value-based future across the post-acute care continuum at the 2022 LeadingAge Annual Meeting and Expo Oct. 16-19 in Denver.
LeadingAge attendees can discover solutions and services that accelerate value-based care delivery in the Netsmart booth 2013, where visitors can explore the most recent technology innovations and offerings of the CareFabric platform that are driving organizations into the future. Predictive analytics, reporting, mobility and referral management are just a few of the Netsmart solution capabilities designed to help optimize data, simplify reimbursement and improve care delivery.
Visitors can learn about the latest capabilities to improve Five-Star ratings by leveraging Netsmart Simple™ offerings. With the recent acquisition of CORE Analytics, Netsmart now offers the only solution suite capable of calculating Quality Measures and Five-Star ratings leveraging Minimum Data Set (MDS), Payroll-Based Journal (PBJ) reporting, and claims data. Netsmart Simple is the most comprehensive data analytics suite for integrating clinical, staffing and financial data for better intelligence and reimbursement, saving time for clinical and reimbursement staff. More than 50% of skilled nursing facilities (SNFs) across the nation now utilize Netsmart Simple to improve data workflows and optimize reimbursement.
“The LeadingAge Annual Meeting and Expo allows us to interact with providers and better understand how we can continue to advance our solutions and services to meet their needs in an evolving value-based care world,” said Netsmart SVP & Managing Director of Post-Acute Dawn Iddings. “Today, post-acute care leaders are navigating new payment models and are being tasked with managing the digital transformation of their organizations, while providing care to those that they serve. Our Netsmart teams have remained committed to developing an innovative, singular platform and investing in innovative tools to empower providers to better connect across the healthcare ecosystem. We look forward to showcasing new capabilities and functionalities of our software that is reducing staff burden, driving efficiencies and ultimately delivering better care to our most vulnerable populations.”
Attendees can also experience firsthand what it is like to use automated referral technology to gain more referrals and boost revenue. Netsmart Referral Manager® is a web-based, EHR-agnostic referral solution that simplifies the acceptance and rejection process, enabling providers to handle referrals efficiently and effectively. Referral Manager eliminates the need for emails, phone calls and manual data entry reducing time spent by 50% on the referral process. The benefits experienced by clients include achieving up to a 40% reduction in time spent on referral admission processes, a 70% reduction in time spent processing referrals into EHR, and a 10% reduction in annual costs of care for shared risk programs.
Netsmart will also demonstrate CareManager™, a person-centered solution that provides comprehensive care coordination and data sharing across all care settings. This technology is advancing post-acute care organizations’ population health initiatives, enabling providers to expand their payor partnerships by arranging a value-based payment program with a technology platform that drives a managed care strategy. Clients can experience up to a 10% reduction in annual costs for value-based contracts, a 40% reduction in time spent coordinating treatment across partner providers, 50% less time spent on caseload management, and up to 80% less time spent on double entry of clinical data.
Increasingly, senior living providers are partnering with health plans to take on risk by participating in value-based purchasing models. Netsmart population health management solutions give providers the ability to aggregate clinical, financial and operational data, giving organizations near real-time insights on value-based contracts that can be reported back to payers or other partners. It’s the most powerful, comprehensive set of population health management tools available to post-acute organizations.
Additionally, visitors can also learn more about myUnity®, the industry’s first electronic health record software (EHR) serving all care settings. The full-continuum solution offers a single login and EHR across multiple post-acute care settings with reporting capabilities that span all service lines. Robust functionalities of myUnity equip clinicians and staff with intuitive workflows that better support clinical, operational and financial staff to drive efficiencies and improved care. This next-generation platform streamlines care coordination, will grow with your organization’s expanding service lines and enables post-acute care providers to meet government compliance and succeed in value-based care programs.
More than 25 representatives from Netsmart client organizations will present education sessions covering important topics and emerging trends relevant to the industry including:
- Leveraging technology for staffing shortages and retention
- Combating the impact of COVID-19 on senior living
- Utilizing artificial intelligence for data
- Expanding service lines and organizational growth
- Navigating regulatory and payment model changes
Stop by Netsmart booth 2013 to connect with industry leaders, experience advanced technology or schedule a meeting to learn how Netsmart is helping organizations digitize their enterprise to deliver value-based care in the exhibit hall at the Colorado Convention Center.
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