Interoperability is one of the fundamental building blocks of a truly streamlined system. With value-based care at the forefront of the minds of many executives, taking a look at how interoperability affects caregivers’ ability to work together to provide the highest quality of care is essential to elevating your agency and adopting a competitive advantage in the market.
Enabling smoother transitions to care is the first step in adopting a truly value-based approach to care. Whether you are implementing a value-based enterprise or you are simply adopting a more value-centric mindset to care, interoperability plays a critical role in allowing caregivers to assess and administer the highest standards of care.
The Incredible Power of Interoperability
Giving patients access to multiple caregivers that can give the required care that they need is a great first step to offering value-based care. As the healthcare industry overall moves to a more value-based approach rather than fee for service, interoperability is even more valuable. Studies show that true interoperability reduces patient intake time by 45 minutes, saves tens of thousands of dollars per year in streamlined data entry as well as avoid thousands of dollars in costly data entry mistakes.
Interoperability not only allows you to accurately transmit data across systems and from one staff member to another seamlessly, it also provides interactive reporting. This reporting can be customized to the specific needs of the agency and offer ODBC reporting tips as well as additional configurations.
A fully interoperable health data exchange architecture enables data to be accessed by approved personnel and shared appropriately, all while remaining HIPAA compliant. Health Information Exchange (HIE) details the interoperability structure that allows disparate health systems to share and maintain accurate data and patient records.
How Interoperability is Essential to Value-Based Care Initiatives
Interoperability empowers value based care decisions by organizing and maintaining meaningful data that can then be shared between systems. This is essential when caregivers from different organizations are working together to provide the highest quality of care for patients. For a value-based enterprise composed of several caregivers/providers that are all engaged in offering care to a target patient population, interoperability in an EMR optimizes the solutions and care offered, improving patient outcomes and generating more revenue for agencies.