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Peak Resources increases efficiencies in documentation.

Peak Resources increases efficiencies in documentation.

Ready or not, change is coming to healthcare reimbursement. The shift from fee-for-service to fee-for-value has dramatically changed how facilities operate. As these changes were being planned and implemented, there were four bundled payment models in pilot programs, with Models 2 and 3 directly affecting long-term care. The goal of these models was to improve care coordination and quality while lowering costs by linking payment for multiple services that patients receive during an episode of care.

Peak Resources, a MatrixCare client, helped set the pace by participating in the pilot program for Model 3 in all of their seven facilities. In Model 3, a care episode is triggered by a hospital stay but begins with post-acute care services. “Participating in the pilot has opened many doors for us,” said Todd Nunn, Peak Resource’s CEO. “The improved relationships we have with major hospitals and other healthcare providers is phenomenal. You couldn’t even leave a message with a CFO of a major hospital three years ago. Now that same CFO is getting together with his team to have conversations about how to achieve success in this new era of reimbursement.”

“MatrixCare is helping us analyze data and identify issues before they happen in order to treat residents in place and keep them from going back to the hospital.”

– Todd Nunn, CEO, Peak Resources

Read the full case study to learn more.

 


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