Cerner has expanded its relationship with naviHealth to offer bundled payments for care improvement advanced, a value-based care offering.
Cerner and post-acute care management solutions provider naviHealth are expanding their partnership and delivering a new value-based care offering for bundled payments for care improvement advanced.
Healthcare providers participating in Medicare’s BPCI Advanced program can utilize the new offering to support affordable and accessible healthcare delivery centered on improving patient health outcomes.
Providers participating in BPCI Advanced agree to a pre-defined reimbursement amount for 32 CMS-defined episodes of care or chronic conditions. Bundled payment offerings help healthcare organizations deliver patient care with greater cost transparency and clinical efficiency, while also reducing waste for health systems.
For the past five years, Cerner and naviHealth have partnered to streamline clinical workflows for post-acute discharge. The new offering supporting BPCI Advanced is centered on helping providers succeed in the next CMS bundled payments program starting in January 2020.
Together, Cerner and naviHealth plan to help health systems effectively participate in bundled payment arrangements while achieving improved clinical outcomes and cutting hospital costs.
The BPCI Advanced product offering will be EHR-agnostic and available for health systems with a variety of health IT systems in place.
“Cerner is strongly committed to the ongoing push by CMS to advance the BPCI program,” said Don Trigg, executive vice president, Strategic Growth, Cerner. “naviHealth has a proven post-acute care track record and an established bundled payment solution. We are excited for our technology to facilitate their go-to-market approach.”
naviHealth is one of the largest risk sharing partners part of the BPCI Advanced program. The health IT company provides services in 22 states to more than 140 hospital partners.
“We’ve had tremendous success in the BPCI Advanced program, which is a major first step in the industry’s shift toward value-based care. It’s a huge opportunity for providers to achieve better outcomes while reducing costs. Through our relationship with Cerner, there are even greater avenues for success,” said Clay Richards, CEO, naviHealth.
“Cerner is known for its clinical quality improvement and workflow integration, and our work with them in post-acute management has been instrumental in providing better patient care,” continued Richards. “Combining our operational, technological, and clinical expertise and solutions with Cerner’s big data platform, will make this joint offering truly unique in the industry.”
naviHealth’s post-acute care solutions complement Cerner’s population health management tool, HealtheIntent, which functions as a big data platform and comprehensive care management solution. Paired with HealtheIntent, naviHealth’s predictive care assessment tools and care management platform can help providers manage patients from the hospital through post-acute care.
Cerner is currently in the process of making several changes to its board of directors and strategic initiatives under the direction of activist investor Starboard Value.
The health IT company entered into a cooperation agreement with Starboard that includes a board refreshment plan, operational improvement initiatives, commitments for operating margin targets, a new finance and strategy committee of the board, and an expanded capital return program.
So far, Cerner has eliminated the role of President from its board of directors. Instead, Cerner will have a Chief Client Officer role. This change is indicative of the health IT company’s emphasis on becoming a more client-focused organization.
Cerner based its decision to overhaul its business strategy on an internal and external review completed in 2018. The health IT company will change its organizational structure, go-to-market philosophy, and capital allocation program.
“We are committed to delivering significant operating margin improvement and returning capital to our shareholders, while maintaining an unwavering focus on delivering value to our clients,” said Cerner CEO and Chairman Brent Shafer.
Date: April 15, 2019