AHCA to Apply PointRight® OnPoint-30™ Case-Mix Adjusted Rehospitalization Metric to LTC Trend Tracker™
WASHINGTON and LEXINGTON, Mass., Oct. 8, 2012 /PRNewswire/ -- The American Health Care Association (AHCA), together with PointRight Inc., the industry leader in predictive analytics in the healthcare and insurance industry, today announced that AHCA will incorporate PointRight's proprietary OnPoint-30 case-mix adjusted hospitalization metric into its data collection and benchmarking tool, LTC Trend Tracker.
The joint announcement is made in conjunction with AHCA's 2012 Annual Convention & Expo, held October 8-10 in Tampa, Florida.
"PointRight's offer to share their risk-adjusted hospital readmission metric with AHCA is another significant step toward advancing our industry with a professional benchmark for enhancing quality and performance by reducing unnecessary rehospitalizations," says Mark Parkinson, President and CEO of AHCA.
The LTC Trend Tracker web-based software enables AHCA members to access various reports to track, organize, identify, benchmark, examine and compare business needs like rehospitalization. LTC Trend Tracker offers key metrics to identify opportunities, improve performance and make smarter decisions. AHCA offers this intelligence-collecting tool at no charge exclusively to its membership.
Previous to AHCA's incorporating PointRight's OnPoint-30 rehospitalization metric in LTC Trend Tracker, the two organizations jointly announced AHCA's adoption of the case-mix adjusted metric in its Quality Initiative. As part of the effort, AHCA has defined, goals in four core areas, including safely reducing hospital readmissions by 15 percent within 30 days during a skilled nursing facility stay by March 2015.
"PointRight is thrilled to deepen its partnership with AHCA for the betterment of the long term and post-acute care industries in relationship to reducing unnecessary hospital admissions," said Steven Littlehale, Executive Vice President and Chief Clinical Officer with PointRight. "A fair, case-mix adjusted rehospitalization metric tells CMS and the public that we, as an industry, are accountable for our outcomes and offer excellent, cost-effective care. Beyond that, the use of this metric also directly helps skilled nursing facilities to be more competitive in their marketplace by demonstrating their value through data-driven analytics to hospitals and other referring sources."
The OnPoint rehospitalization metric will be available to AHCA members in LTC Trend Tracker by the end of 2012. To learn more about LTC Trend Tracker, visit www.ahca.org. To learn more about additional OnPoint-30 rehospitalization services, visit www.pointright.com.
About American Health Care Association
As the nation's largest association of long term and post-acute care providers, the American Health Care Association (AHCA) advocates for quality care and services for frail, elderly and disabled Americans. Compassionate and caring employees provide essential care to one million individuals in the Association's 11,000 not-for-profit and proprietary member facilities. For more information, visit www.ahcancal.org. To learn more about the AHCA Quality Initiative, please visit qualityinitiative.ahcancal.org.
About PointRight Inc.
PointRight is the industry leader in providing data-driven analytics and Web-based tools that measure and improve risk, quality of care, rehospitalization, compliance and reimbursement accuracy of the healthcare and insurance industries. Using some of the largest and best databases in the industry, our nationally recognized clinical staff, researchers, and technologists expertly translate disparate data into usable information and insight. For more information, visit www.pointright.com.
SOURCE PointRight Inc.