Nashville based CredenceHealth automates concurrent Core Measure compliance and identifies emerging complications via a unique Clinical Intelligence Engine. CredenceHealth’s web-based infrastructure delivers meaningful and actionable clinical intelligence in real-time—while patients are still in the hospital—utilizing evidence-based medical research and best practice standards (e.g. CMS, IHI, CDC, The Joint Commission, NSQIP, etc.). Intuitive layouts provide healthcare professionals with relevant clinical information on multiple patients in a single glance, allowing them to focus on caring for patients rather than searching for data within traditional hospital information systems.
Consistent measurement and evaluation of clinical outcomes from a
quality and cost perspective:
As healthcare costs continue to rise and the industry continues to
evolve in a dynamic market, the ability to address quality improvement
needs and to minimize variances has become increasingly important.
Hospitals, health plans, and providers are facing increasing
competition in the market and more troublesome economics. Currently
lacking is the ability to consistently and effectively track,
benchmark, and report clinical quality outcomes and the quality related
costs of those outcomes.
Quantifiable quality reporting and standardized methodology:
CredenceHealth is focused on providing hospitals, health plans, and
providers with quality and cost data for outcomes of hospital patients
within clinical service lines. Utilizing innovative data capture
solutions and proven statistical analysis that interface with
hospitals’ existing data management sources, we partner with our
clients to produce tailored, risk-adjusted clinical outcomes and cost
models. This approach highlights areas where quality improvement
initiatives may be most effective within a hospital’s clinical
landscape, allowing client hospitals to quantify cost savings through
focused efforts to improve clinical quality and reduce adverse outcomes
during hospitalization, based on class of complications, cost of
complications, and financial returns. Furthermore, our standardized
analytics and risk-adjusted measurement methodology will allow leaders
of health plans to maintain a comprehensive view of the hospitals that
have the best quality performance.
Proven National Quality Improvement Program Methodologies:
Utilizing the proven National Surgical Quality Improvement Program
(NSQIP) statistical model, we consistently and objectively capture
pre-procedure existing conditions and track 22 major adverse outcomes
to create an observed-versus-expected outcome comparison. This process
was utilized in the VA Healthcare system achieving a 27 percent
reduction in complications, a 47 percent reduction in mortality, and a
50 percent reduction in length of stay (LOS).