ANN ARBOR, Mich.--(BUSINESS WIRE)--Truven Health Analytics™, a leading provider of healthcare data and analytics solutions and services, announced that it will provide consulting support for hospitals as they adopt the proposed Comprehensive Care for Joint Replacement (CCJR) Program, the first mandatory bundled payment model from the Centers for Medicare & Medicaid Services (CMS).
The five-year CCJR program, which launches on January 1, 2016, will require hospitals in 75 selected Metropolitan Statistical Areas (MSAs) to take responsibility for quality and total spending over a 90-day period for elective and urgent joint replacement procedures. The program is designed to test bundled payment and quality measurement for an episode of care associated with hip and knee replacements to encourage hospitals, physicians, and post-acute care providers to work together to improve the quality and coordination of care from the initial hospitalization through recovery.
“Because CCJR is mandatory in selected markets, affected hospitals need to understand the revenue and margin impact of the new payment methodology,” said Sally Akers, Truven Health vice president of provider solutions consulting. “A data-driven evaluation of hospital-specific and regional performance will be a key success factor under CCJR. The time to start preparing is right now.”
Truven Health Webinar
To help get healthcare organizations up-to-speed on some of the specific steps they should be taking to prepare for the new bundled payment model, Truven Health consulting and analytics experts will present an online seminar for hospitals affected by the CCJR Program on Wednesday, September 2 at 2:00 PM EDT.
Interested parties can register at: https://attendee.gotowebinar.com/register/2273849788312517889. Those who are not able to attend are encouraged to call 1.800.525.9083, option 4 for more information.
Truven Health Expertise
Truven Health, experts in risk-based payment assessment and redesign, has vast data resources from both provider and payer organizations, and experienced professionals with market-wide perspectives to help evaluate, implement, and manage episode-based payment models. The Truven Health medical episode grouper methodology is well-known and widely used to analyze healthcare cost and quality. As roles and responsibilities converge in healthcare, the value of this methodology is growing because it is utilized throughout the healthcare market. Hospitals and health systems, employers, and health plans use these analytics to evaluate episode outcomes and to understand the full impacts of new payment models. For more information about the CCJR program, visit http://innovation.cms.gov/initiatives/ccjr/.
For more information about Consulting and Services from Truven Health, visit truvenhealth.com\provider-consulting-services.
About Truven Health Analytics
Truven Health Analytics delivers the answers that clients need to improve healthcare quality and access while reducing costs. We provide market-leading performance improvement solutions built on data integrity, advanced analytics, and domain expertise. For more than 30 years, our insights and solutions have been providing hospitals and clinicians, employers and health plans, state and federal government agencies, life sciences companies, and policymakers the facts they need to make confident decisions that directly affect the health and well-being of people and organizations in the U.S. and around the world.
Truven Health Analytics owns some of the most trusted brands in healthcare, such as MarketScan, 100 Top Hospitals, Advantage Suite, Micromedex, Simpler, ActionOI, Heartbeat Experts and JWA. Truven Health has its principal offices in Ann Arbor, Mich.; Chicago; and Denver. For more information, please visit http://truvenhealth.com
