BOSTON, March 27, 2019 /PRNewswire/ -- Avant-garde Health and Titanium Healthcare, LLC have partnered to enable health systems to improve patient care, as part of the Centers for Medicare & Medicaid Services' (CMS') Bundled Payments for Care Improvement Advanced (BPCI Advanced) initiative. CatalyzeTM, the cross-continuum joint offering, is a turnkey solution that combines the power of the two companies' bundled payment expertise by marrying consulting and software with clinical services. The solution combines Avant-garde's application assistance, program evaluation and comprehensive analytics platform with Titanium's clinical services, in which clinical staff assist providers with patient stratification, case management and coordination for post-acute care.
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"Bundled payments represent a tremendous opportunity for hospitals and physicians to be rewarded for providing high quality, cost-effective care from the time of treatment through recovery," said Avant-garde CEO Derek Haas. "Working together with Titanium will help us ensure patients receive the best care and will maximize our clients' success with bundles."
Gray Miller, CEO of Titanium, added: "Our people, processes and methodology serve as a clinical extension, driving substantial improvements that benefit patients and providers alike. The vital analytics provided by Avant-garde will provide a navigation instrument for the clinic team. Titanium is here to bridge the transition from discharge to recovery and provide continuing care."
A leading community-based, safety-net health system recognized by Healthgrades for delivering quality care partnered with Avant-garde and Titanium from program inception to help identify, contextualize and pull the right levers to deliver optimal care to patients, including those who are BPCI Advanced-eligible. Early results through more streamlined care, for the set of infection and cardiac bundles the health system included in their portfolio, show a high probability of reaching the CMS cap for reconciliation payments. More broadly, Avant-garde and Titanium's clients are realizing a substantial decrease in (1) length of stay, (2) post-acute care utilization, (3) 90-day readmissions, (4) inpatient and post-acute care costs and an increase in (5) physician engagement and (6) patient satisfaction.
The launch coincides with CMS' anticipated April announcement of the second and final opportunity for providers to sign up for BPCI Advanced and directly share in the cost savings generated in the program. "If participant volume is any indication of potential success, BPCI Advanced is markedly CMS' most promising episode-based payment initiative yet—a program providers should strongly consider integrating into their respective value-based care roadmaps," said Aditya Govil, Avant-garde's director of business development.
About Avant-garde Health
Born out of the value-based health care delivery research at Harvard Business School, Avant-garde Health is building a national network of leading health care providers committed to improving the value of their care. Avant-garde's solutions generate comprehensive, accurate, relevant and actionable insights that enable hospitals and health systems to understand true costs across the care continuum, benchmark performance against their peers and national leaders, and pursue opportunities to maximize quality and profitability. For more information, visit www.avantgardehealth.com.
About Titanium Healthcare
Titanium Healthcare is a medical management organization that operates high-risk and post-discharge clinics for risk-bearing entities and hospital systems. The practice focuses on patients with multiple chronic conditions and that are at a higher risk of hospitalizations. Titanium's results are significant, including readmissions rates less than 2% and patient satisfaction over 99%. Titanium Healthcare creates partnerships to improve throughput, lower cost, and to improve the patient experience. For more information, visit www.tihealthcare.com.
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Titanium Healthcare, LLC
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SOURCE Avant-garde Health