VCPI Announces Decision Point(TM) Outcomes Dashboard for Skilled Nursing Facilities: Commercially Available in Q4 2011
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111 W. Michigan Street
Milwaukee, WI, 53203
Press release date: September 19, 2011
New Executive Reporting Tool Provides a Comprehensive, High-Level View of Clinical Outcomes Metrics
MILWAUKEE - VCPI, in conjunction with PointRight Inc., announces the launch of the Decision Point(TM) Outcomes Dashboard for Skilled Nursing Facilities (SNF). VCPI announced enhancements to Decision Point for assisted living facilities in early 2011, and is now preparing to release additional functionality for SNFs in Q4 2011. This new product, which is powered by PointRight's leading data analytics, adds important functionality for SNF providers in the area of clinical outcomes, as health care reform makes measuring, monitoring and reporting these outcomes more important than ever.
The Decision Point Outcomes Dashboard provides a comprehensive, high-level view of critical outcomes metrics that matter to SNFs and their healthcare partners. This includes: quality measures in the key areas of falls, urinary tract infections, medication errors and pressure ulcers; resident satisfaction measures; and hospital re-admission rates. The metrics show rates, incidence, comparisons and trends over time to help providers connect quality with value.
"The changes in the Medicare and Medicaid payment systems require long-term care providers to manage patients across care settings, and as a result, collaboration is an absolute necessity," said Loren Claypool, managing director of VCPI. "Thanks to our partnership and collaboration with PointRight, Inc., our Outcomes Dashboard is data-rich and will help position SNFs as leaders to their healthcare partners. The Dashboard allows providers to show the value they bring to partnerships with improved quality of care, reduced hospital re-admissions and high levels of resident satisfaction. This puts them over and above their competition because they will have data-driven metrics to demonstrate their outcomes."
"We're pleased to partner with VCPI to launch this exciting product to the market," said Steven Littlehale, MS, GCNS-BC, Executive Vice President and Chief Clinical Officer of PointRight. "Our data analytics, combined with VCPI's user-friendly graphical user interface, provides an easy, yet powerful solution as provider organizations ramp-up efforts to measure and market their care outcomes. With the new Outcomes Dashboard, they'll be ready for reform initiatives and to compete in the new value-based payment world."
The Decision Point product allows SNFs to operate more efficiently, and more competitively, by allowing them to analyze information instead of compiling data; use new insights from existing data to improve performance; communicate effectively with partners; compare outcomes to peers and national benchmarks; and identify opportunities for process improvement. This means that SNFs can show their value to partners but also plan effective organizational strategy within the context of reform.
The product will be commercially available in Q4 2011.
Headquartered in Milwaukee, WI, VCPI solves business challenges with technology and beyond for more than 1,900 providers of post-acute care in 45 states. Founded in 2000, VCPI is a wholly-owned subsidiary of Extendicare REIT, one of the largest operators of long-term care, home health and assisted living communities in the U.S. and Canada.
About PointRight Inc.
PointRight Inc. is the industry leader in providing data-driven analytics and Web-based tools that measure risk, quality of care, compliance and reimbursement accuracy of the healthcare and insurance industries. Using some of the largest and best databases in the industry, its nationally recognized clinical staff, researchers and technologists expertly translate disparate data into usable information and insight. For more information, visit www.pointright.com.
CONTACT: Katey Sidesky, firstname.lastname@example.org, +1-414-908-8574, or Pam Selker Rak, email@example.com, +1-412-221-4550
Web Site: http://www.pointright.com