medeanalytics.com 

ISSUE 1 | SPRING | APRIL - JUNE, 2016
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Welcome to Our Inaugural Newsletter!

Every day here in our Emeryville headquarters and across the country we are working with payers and providers to improve their businesses. In the course of our work we find that we have a lot of surprising insights to offer – and that our customers have a lot to learn from each other. In order to share this intel we will be releasing a quarterly newsletter full of news, Mede tips and industry insights that will help you and your organization excel in the complicated world that is healthcare.

MEDE HAPPENINGS
MSDOM Making Headlines

We made a splash last month with big news from The Mississippi Division of Medicaid. Here’s just a few of the headlines:

CLIENT SUCCESS
Jersey City Medical Center Wins Prestigious Quality Award

Big kudos to Jersey City Medical Center! They’ve won the prestigious Vision of Performance Excellence Baldrige Award by exceeding expectations with their four pillars of excellence: patient safety, clinical quality, economic health and engagement of patients, employees, physicians and the community.

Challenge
In 2011, with margins in the red, disjointed operating procedures weren’t enough to turn the hospital around.

Solution
Used Performance Management to automate their action planning, eliminate inefficient processes, and maintain the hospital’s pillars of excellence.

Results
Rose from near-bankruptcy to an operating margin of 7.3% and maintained high quality and safety scores.

Open Quote MedeAnalytics was the jumping off point that got us to completely automate our strategic planning process and has been the backbone of some of the results that we have been able to achieve. Close Quote

–Joe Scott, FACHE, President and CEO, Jersey City Medical Center

Interested in telling your story?
Connect with our marketing department today: 
amy.ferretti@medeanalytics.com

SOLUTION SPOTLIGHT
Performance Management: Action Planning and Accountability Tracking at its Finest

Did you know that Performance Management can now be integrated with your analytics solution? Now, you can take the findings from your data insights and put them into an automated planning tool that delivers results.

 

Transform Analytics into Action
Turn data-driven insight into action and impact. Define, track and execute on your strategic and operational objectives with greater alignment, collaboration and transparency.

 

Centralize Action Planning with a Single Plan, Single Platform
Complete the cycle—analytics, business opportunity, project definition, results and more analytics—all in one system. Eliminate confusion by using dashboards, scorecards, strategy maps and alerts that point to a single source of truth.

 

Get Big-Picture Insight with Executive Dashboards
Monitor initiatives from management dashboards. Obtain complete visibility into your strategic goals and objectives, ensuring alignment and accountability across your organization.

Learn how you can integrate data with action and accountability planning.

TIPS & TRICKS
Three Tips That’ll Make You Look Good

In an ever-evolving healthcare landscape, challenges are everywhere. Through our client experiences, we’ve found ways to tackle them head on. Below are tips and insights on some of the industry’s biggest issues.

 

#1: Identify Claims at Risk
Built-in audit rules help you identify claims at risk for inpatient coding quality and secondary coding. Know in advance which claims are missing a CC/MCC diagnosis or include hospital acquired conditions. Blog Post: How’s Your ICD-10 Performance So Far?

 

#2: See How Your ICD-10 Claims Compare
Get real-time benchmarking data to find out how you compare to your peers under ICD-10. See data on CMI, length-of-stay performance and claims volume. Data Sheet: Revenue Integrity

 

#3: Get to the Root of Denials
Proactively manage denials and find their root causes by spotting patterns and trends. Custom reports aggregate coding, documentation and coverage data to give you power over denials. Blog Post: 5 Ways Analytics in the Business Office Can Improve Your Revenue

UPCOMING EVENTS
Join Us at These Events!

Apr
 

Speaking Sessions: Becker’s Hospital Review 6th Annual Meeting, Chicago, IL
April 27-30

Apr
 

HCCA Compliance Institute, Las Vegas, NV
April 17-19

 
May
 

ACDIS Annual Conference, Atlanta, GA
May 23-26

 

May
 

HFMA Region 1 Annual Conference, Uncasville, CT
May 25-26

 
June
 

HFMA ANI, Las Vegas, NV
June 26-29