What’s at Stake
The Accountable Care Organization (ACO) is emerging as an important care delivery and financing model to address the challenges of rising health care costs and fragmented care delivery. The future of ACOs remains dependent on defining payment mechanisms, establishing an optimal structure, and seeing how quickly payers move the concepts into the broader health care market. However, regardless of how Accountable Care Organizations evolve, it is clear that providers need to transform both the organization and delivery of care to create a successful provider system.
The Valence Health Advantage
Valence brings together the expertise, services, and systems to achieve a higher level of coordination and collaboration between all care providers within the Accountable Care Organization model. We understand how to create and implement strategies that systematically accomplish steps in an ACO process – from building the culture and capabilities of a clinically integrated organization, to developing vital infrastructure for care coordination, to monitoring outcomes and managing risk. The result is an efficient and sustainable system that achieves optimal outcomes across a population.
The Elements for ACO Success
Valence provides services that are instrumental to becoming a successful ACO: Clinical Integration, Care Coordination, Information Technology, and Financial Management.
Clinical Integration.
Valence services are focused on developing the organizational attributes necessary to transform health care delivery to an ACO model, including governance structure, leadership, and comprehensive physician-hospital alignment. We have the experience and tools to define standards of care, measure performance against those standards, and work with physician members to achieve compliance.
Care Coordination.
Valence can support a comprehensive care coordination plan for the continuum of patient care and actively manage high-risk populations. Our integrated approach includes modifying practice patterns, improving operations, utilizing sophisticated information management systems, and building new skill sets.
Information Technology.
Valence proprietary technology provides the information to enable system-wide delivery of high quality and efficient patient care. Our systems collect a vast amount of health care data and dramatically simplify the process of sharing information across a health care system in a coordinated and timely manner.
Financial Management.
Valence can provide the insight and tools to support a new level of financial modeling, including actuarial cost and utilization targets for a defined population with resources to achieve those targets. We have the experience to strengthen or develop the cost accounting and data collection systems to manage accountable care payment models including shared savings models, bundled payments, and partial and full risk capitation.