Thomson Reuters expertise in performance measurement and experience in all healthcare markets help clients develop successful pay-for-performance (P4P) programs and value-based purchasing initiatives. Our step-by-step design and implementation process offers a comprehensive solution for organizations in all healthcare markets.

Benefits

  • Measurement selection, data collection and integration methodologies, reward structures, buy-in, and collaboration drive the success of pay-for-performance programs and value-based purchasing initiatives
  • Thomson Reuters determines how to focus programs to achieve the best results, identifies the best nationally endorsed measures, evaluates program success and makes necessary adjustments, and manages the programs at every stage
  • Our experience includes program design and management, reward program development and administration, data collection, integration and management, performance measurement, and system design

Consulting Services

Thomson Reuters has the knowledge, the resources, and the consultative experience to help government agencies balance the cost and quality of healthcare within the constraints of the fiscal environment. Our experience with multiple federal agencies enables us to provide unique insights for addressing specific program needs. Our benchmarks help agencies better identify opportunities for program redesign and improvement, while our proven clinical and analytic methods ensure the information is reliable.

Length of Stay Benchmarks

For over 42 years, payers have relied on Thomson Reuters industry standard LOS benchmarks to understand complex length of stay (LOS) resource use in order to make appropriate care-related decisions quickly and effectively. Used to manage 60 million American covered lives, LOS norms help to pre-certify and pre-authorize plan members. Cost savings can be identified by analyzing LOS data concurrently, and significant trends can be seen by comparing against external norms.

Advantage Suite

Integrates information from diverse sources and systems, organizes it to support decision making, and enables easy access to information in a flexible, customized application. Its powerful applications are linked to an integrated warehouse of medical and prescription claims, encounters, eligibility, lab results, authorizations, health risks assessments, and performance measures.