HCI3 Releases Episode of Care Definitions to Further Support Payment Reform and Cost and Quality Analysis
| PR Newswire Association LLC |
Over 80 open source ECRs have been created to date, all of which are available for public use at no cost as part of HCI3's mission to improve the quality and affordability of care and to address the need for scientifically designed and validated episodes of care that have a multi-purpose use. By making the ECRs widely available, implementations of payment reform programs and cost and quality analysis initiatives have a comprehensive starting point from which to build.
"Our goal is to develop enough ECRs to cover 80% of costs of care by 2015," said
HCI3's ECRs are unique in that they are the only definitions that distinguish typical and routine services from those associated with potentially avoidable complications which are any event that negatively impacts the patient and is controllable by the provider; can flag potentially avoidable services (identified as overused by the
"Making this type of information public is a positive step in creating a three-dimensional picture of health care costs," said
Funding for initial development and testing of the ECRs came from charitable foundations including the
Today, HCI3 independently funds the ECR creation process, accepting no financial support from medical societies, pharmaceutical companies or medical device vendors to ensure the ECR definitions are free of bias.
Clinical ECR Webinars
To assist providers with understanding ECR concepts and their creation, HCI3 is offering free monthly webinars, which will examine the makeup an ECR, or group of related ECRs and the development process. The first webinar will be held on
About Health Care Incentives Improvement Institute™, Inc.
The
Logo - http://photos.prnewswire.com/prnh/20130611/DC29941LOGO
SOURCE
| Wordcount: | 752 |


Advisor News
- Could a narrower focus help grow your practice?
- U.S. debt hits $40 trillion: how to support concerned clients
- Flourish brings private-bank-like cash solution to MassMutual’s network
- Majority of Americans concerned recent market highs are unsustainable
- GLP-1 users choose between medication and retirement saving
More Advisor NewsAnnuity News
- Corebridge Financial Introduces Progressive Trigger, a First-of-Its-Kind Index Annuity Strategy Designed to Turn Missed Years into Future Opportunity
- Insurer proposes $1.1M deal to resolve CA teachers’ annuity fee lawsuit
- IMOs get frustrated with slow carrier adoption of faster technology
- New class-action lawsuit targets Delaware Life over annuity disclosures
- A client remarried: Does their annuity still fit?
More Annuity NewsHealth/Employee Benefits News
Life Insurance News