As healthcare providers and organizations transition to value-based delivery models, one benefit that is often overlooked is the negotiating power you can have with your payer community. An effective population health management program with the appropriate physician engagement, technology platform, and necessary processes increases the value of the healthcare services you provide and positions your organization to collaborate with payers and negotiate more favorable terms.
Philips Wellcentive provides the population health management technology, services, and experience that has allowed organizations to establish collaborative, mutually beneficial relationships with payers for more than 10 years. Payers are under increasing pressure to deliver value to their clients, and partnerships with healthcare providers and organizations that share this focus are beneficial to the payer as well.
Payers also need clinical data and other information from providers in order to improve their own quality outcomes and rankings, such as HEDIS and STARS. Philips Wellcentive’s data aggregation and analytics capabilities empower providers to track and demonstrate the high-quality care they are delivering and prove they are valuable partners for payers.