MED3OOO M3/IQ Data Warehouse Identify high-risk patients and pro-actively manage their care. . . Improving information system performance and providing an ability to connect disparate systems, extract disparate data and turn that data into valuable information is the core to MED3OOO's strategy. Integrated with every ASP offering and embedded with MED3OOO's knowledge in physician and provider network operations, MED3OOO M3/IQ™ provides physicians and management advanced capabilities. Our process of integrating data from internal and external systems then organizing this data allows each user access to Advanced Reporting and Performance measures. Whether improving care delivery or business results, clinical and business users alike utilize M3/IQ™ to enhance system, physician, physician network, employee and managerial performance. The M3/IQ™ Data Warehouse enables medical practices to capture full value from their investment in information systems by delivering clear, concise financial, clinical and operational reports. M3/IQ™ reports enable practice leaders to drill down into the data to identify actionable growth strategies and solutions to problems. M3/IQ™ reports can be used to: - Reduce denials
- Decrease accounts receivable days
- Monitor productivity
- Assess practice demographics for expansion
- Improve disease management
- Plan the addition of new technology
- Increase patient volume
- Measure performance improvement
- Pro-actively manage membership
- Identify quality and quantitative measurements for health plans
The Power of the MED3OOO M3/IQ Platform The MED3OOOM3/IQ™ data warehouse maps key fields from disparate systems to produce continuous improvement reports. The M3/IQ warehouse reporting tool extracts patient-specific clinical and financial data from all of the MED3OOO information technology platforms across the country. Currently there are 26 clinical pathways available through the M3/IQ. We are delving into patient data to capture those payor identified clinical indicators that result in higher reimbursement to providers. In fact, we have helped physician groups and networks validate the data received from health plans to make sure their incentive payment was correct. Pay-for-Performance M3/IQ Report MED3OOO supports 400 IPA providers that deliver care to 70,000 commercial and senior members. Physician groups need to have a tool to fully identify where clinical improvements could be made and data to present to the health plan that demonstrate the providers’ high level of care for their enrolled population.The MED3OOO M3/IQ™ data warehouse facilitates two critical elements:Identifying those patients that may need to be screened based on criteria, and negotiating payment rates armed with quantifiable data that demonstrates the providers are doing a superior job of managing enrollees By utilizing the MED3OOO M3/IQ™, they will now be able to proactively manage their membership. By matching patients to specific laboratory and pharmacy data, the physicians anticipate being able to identify those high-risk patients and proactively manage their care and prevent unnecessary emergency room visits and hospitalizations due to patient non-compliance. This ultimately leads to a higher standard of care. This will also, for the first time, arm management with proof of how the providers are delivering superior care and justify higher reimbursement. |