HIMSS23 proved once again that it’s imperative that participants across healthcare must work together to meet the largest issues facing the industry today.
Earlier this month, we kicked off our interoperability blog series. In the second blog from the series, we will take a closer look at how it correlates to value-based care.
Interoperability has long been a shared desire across healthcare executives since the evolution of digital care. Back in 2015, 68% of surveyed financial executives said that interoperability would be a significant requirement for value-based care in the future.1 They were right.
As more and more technologies come to market, it’s become increasingly clear that they must not only provide data that is actionable for clinicians, but it must be accessible from one environment. The opportunity to increase data sharing, whether that be anyone from payers to providers, is empowering the evolution of value-based care, as all parties aim to improve patient outcomes regardless of where the patient is. By boosting interoperability, technology can play an important role in filling in gaps, allowing for better coordinated care across the continuum, ultimately leading to healthier patients and improved outcomes.
For a healthcare system, the benefits of interoperability and value-based care are significant. Interoperability means the ability to communicate and exchange information seamlessly. When healthcare systems can communicate effectively, they can provide better care coordination and decision-making, leading to improved patient outcomes. In a value-based care model, healthcare providers are incentivized to deliver high-quality care that improves patient outcomes while reducing costs. The utilization of interoperability solutions can aid in achieving these goals by allowing for the collection and sharing of data among providers, which can help identify care gaps, avoid duplication of services, and improve care coordination.
How Can VitalTech Help?
Too often we hear that clinicians are simply trying to piece together bits and pieces of information or data. Value-based care is pushing for an open exchange of data, but clinicians need the whole story.
VitalTech can play a crucial role in achieving interoperability and value-based care goals. By utilizing the VitalCare platform, healthcare providers can remotely monitor patients’ health and collect data in real-time. This data can be shared seamlessly among healthcare providers, allowing for more coordinated and efficient care. This can help providers to identify and address health issues earlier, resulting in improved patient outcomes.
Best Practices From VitalTech
Best practices for how interoperability and virtual care go hand in hand include:
- Using standardized data exchange protocols: Healthcare systems should adopt standardized protocols for exchanging data to ensure that data can be easily shared between different systems.
- Incorporating remote monitoring and telehealth solutions: Healthcare providers should utilize remote monitoring and telehealth solutions, like VitalTech Affiliates, to enable real-time data collection and remote patient consultations, which can improve care coordination and patient outcomes.
- Ensuring data privacy and security: To ensure patient privacy and data security, healthcare systems should implement appropriate security measures, such as encryption and multi-factor authentication, and comply with regulations like HIPAA.
- Utilizing data analytics: Healthcare systems can use advanced analytics tools, such as VitalTech Insights, to analyze patient data and identify trends and patterns that can inform better care decisions.
Interoperability and virtual care solutions like VitalCare are essential components of a value-based care delivery model. Utilizing such solutions can help healthcare providers improve patient outcomes, reduce healthcare costs, enhance patient engagement, improve care coordination, and increase provider efficiency. By adopting best practices like standardized data exchange protocols, remote monitoring and telehealth solutions, data privacy and security measures, and advanced analytics, healthcare systems can optimize the benefits of interoperability and virtual care to create a seamless, integrated, and high-quality patient experience.
If you’re interested in learning how VitalTech can empower your care teams and patients, reach out to us today.
- Healthcare Financial Management Association