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A sample of the type of analysis that Evidity can conduct using your EMR and billing data to help you gain deep insights into your practice.
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Estimate MN Health Care Home Revenue * Quantify Key Revenue Drivers * Estimate Financial Impact of PracticeVariation * Analyze Revenue by Conditions and Services * Assess the ROI of Health Care Interventions * Case Mix AdjustKey Performance Measures * Create Composite Quality Scores * Turn Quality and Resources into Efficiency Metrics
Are you relying on State data to estimate the revenue you may obtain through
Health Care Home tiering?
Estimate MN Health Care Home Revenue
To estimate HCH revenue, Evidity analyzes diagnoses in your EMR data to identify the patients who fall into each HCH tier according to the definition outlined by the Minnesota Department of Health.
NoTier46%
Tier133%
Tier29%
Tier38%
Tier44%
Es matedRevenueTier1: $2,433,600Tier2: $1,313,496Tier3: $2,189,160Tier4: $1,933,028
$7,869,284
Estimate MN Health Care Home Revenue * Quantify Key Revenue Drivers * Estimate Financial Impact of PracticeVariation * Analyze Revenue by Conditions and Services * Assess the ROI of Health Care Interventions * Case Mix AdjustKey Performance Measures * Create Composite Quality Scores * Turn Quality and Resources into Efficiency Metrics
Estimate MN Health Care Home Revenue * Quantify Key Revenue Drivers * Estimate Financial Impact of PracticeVariation * Analyze Revenue by Conditions and Services * Assess the ROI of Health Care Interventions * Case Mix AdjustKey Performance Measures * Create Composite Quality Scores * Turn Quality and Resources into Efficiency Metrics
Can you pinpoint why one provider is generating more revenue than another?
Quantify Key Revenue Drivers
To quantify revenue drivers, Evidity case mix adjusts your billing data and isolates the impact of patients per provider, visits per patient, and revenue per visit.
-25%
-3%
5%8%
18%
11%
1%
-8%-12%
11%
Clinic3$846,536 Clinic5
$903,648
Clinic1$920,258
Clinic2$924,980
Clinic4$1,209,553
-30%
-25%
-20%
-15%
-10%
-5%
0%
5%
10%
15%
20%
AdjPa ents/Provider AdjVisits/Pa ent AdjRevenue/Visit
Revenue/FTE
Estimate MN Health Care Home Revenue * Quantify Key Revenue Drivers * Estimate Financial Impact of PracticeVariation * Analyze Revenue by Conditions and Services * Assess the ROI of Health Care Interventions * Case Mix AdjustKey Performance Measures * Create Composite Quality Scores * Turn Quality and Resources into Efficiency Metrics
Estimate MN Health Care Home Revenue * Quantify Key Revenue Drivers * Estimate Financial Impact of PracticeVariation * Analyze Revenue by Conditions and Services * Assess the ROI of Health Care Interventions * Case Mix AdjustKey Performance Measures * Create Composite Quality Scores * Turn Quality and Resources into Efficiency Metrics
Do you know how much practice variation is affecting your bottom line?
Estimate Financial Impact of Practice Variation
To estimate the financial impact of practice variation, Evidity case mix adjusts your billing data and models performance after an optimal benchmark.
$303,888
$877,544
$1,075,384
$1,802,945 $1,823,024
$0
$200,000
$400,000
$600,000
$800,000
$1,000,000
$1,200,000
$1,400,000
$1,600,000
$1,800,000
$2,000,000
Clinic4 Clinic1 Clinic2 Clinic3 Clinic5
Pt/ProvIncrease Vis/PtIncrease Rev/VisIncrease
Estimate MN Health Care Home Revenue * Quantify Key Revenue Drivers * Estimate Financial Impact of PracticeVariation * Analyze Revenue by Conditions and Services * Assess the ROI of Health Care Interventions * Case Mix AdjustKey Performance Measures * Create Composite Quality Scores * Turn Quality and Resources into Efficiency Metrics
Estimate MN Health Care Home Revenue * Quantify Key Revenue Drivers * Estimate Financial Impact of Practice Variation* Analyze Revenue by Conditions and Services * Assess the ROI of Health Care Interventions * Case Mix Adjust KeyPerformance Measures * Create Composite Quality Scores * Turn Quality and Resources into Efficiency Metrics
Is your revenue coming from where you think?
Analyze Revenue by Conditions and Services
To analyze revenue by conditions and services, Evidity links your EMR data to AHRQ and CMS data, so it can be grouped into more meaningful categories.
$142$172
$221$243
$293
$402
$714
$0
$100
$200
$300
$400
$500
$600
$700
$800
Hyperlipidemia AcuteSinusi s Hypertension Spondylosis MoodDisorders Diabetes CardiacDysrhythmias
Eval/Mgmt
Imaging
Procedures
Tests
Other66%
30%3%
Estimate MN Health Care Home Revenue * Quantify Key Revenue Drivers * Estimate Financial Impact of Practice Variation* Analyze Revenue by Conditions and Services * Assess the ROI of Health Care Interventions * Case Mix Adjust KeyPerformance Measures * Create Composite Quality Scores * Turn Quality and Resources into Efficiency Metrics
Estimate MN Health Care Home Revenue * Quantify Key Revenue Drivers * Estimate Financial Impact of Practice Variation* Analyze Revenue by Conditions and Services * Assess the ROI of Health Care Interventions * Case Mix Adjust KeyPerformance Measures * Create Composite Quality Scores * Turn Quality and Resources into Efficiency Metrics
What has been the impact of your latest health improvement initiative?
Assess the ROI of Health Care Interventions
To assess the ROI of health care interventions, Evidity uses rigorous evaluation techniques.
Propensity Score-Matched Control GroupEnsures similar age, gender, and comorbidity
characteristics
Study Group Control Group
Pre-/Post- Cohort DesignMakes certain impact is not due to different
populations being in the pre- and post- period
Multivariate Difference-in-Difference Regression ModelsGold standard for program evaluations after RCTs
Pre- Post-
Estimate MN Health Care Home Revenue * Quantify Key Revenue Drivers * Estimate Financial Impact of Practice Variation* Analyze Revenue by Conditions and Services * Assess the ROI of Health Care Interventions * Case Mix Adjust KeyPerformance Measures * Create Composite Quality Scores * Turn Quality and Resources into Efficiency Metrics
Estimate MN Health Care Home Revenue * Quantify Key Revenue Drivers * Estimate Financial Impact of Practice Variation* Analyze Revenue by Conditions and Services * Assess the ROI of Health Care Interventions * Case Mix Adjust KeyPerformance Measures * Create Composite Quality Scores * Turn Quality and Resources into Efficiency Metrics
Do providers distrust performance metrics because they don’t account for the fact they have sicker populations?
Case Mix Adjust Key Performance Measures
To case mix adjust, Evidity synthesizes selected patient characteristics to calculate composite measures of complexity and severity that can be applied to revenue, quality, and utilization metrics.
34
1 2
5
Rank
$800,000
$850,000
$900,000
$950,000
$1,000,000
$1,050,000
$1,100,000
$1,150,000
$1,200,000
Clinic3 Clinic5 Clinic1 Clinic2 Clinic4
RevenuePerProvider
Unadjusted CaseMixAdjusted
Estimate MN Health Care Home Revenue * Quantify Key Revenue Drivers * Estimate Financial Impact of Practice Variation* Analyze Revenue by Conditions and Services * Assess the ROI of Health Care Interventions * Case Mix Adjust KeyPerformance Measures * Create Composite Quality Scores * Turn Quality and Resources into Efficiency Metrics
Estimate MN Health Care Home Revenue * Quantify Key Revenue Drivers * Estimate Financial Impact of Practice Variation* Analyze Revenue by Conditions and Services * Assess the ROI of Health Care Interventions * Case Mix Adjust KeyPerformance Measures * Create Composite Quality Scores * Turn Quality and Resources into Efficiency Metrics
Can you easily track a provider’s performance across the growing number
of quality measures?
Create Composite Quality Scores
To create composite quality scores, Evidity standardizes and appropriately weights individual quality metrics before combining into a single performance measure.
12%
44%22%
10% 12%
91%
86%
91%95% 94%
AverageRank2
5
41
3
CompositeRank
Clinic1 Clinic2 Clinic3 Clinic4 Clinic5
QualityMeasure1 QualityMeasure2
Estimate MN Health Care Home Revenue * Quantify Key Revenue Drivers * Estimate Financial Impact of Practice Variation* Analyze Revenue by Conditions and Services * Assess the ROI of Health Care Interventions * Case Mix Adjust KeyPerformance Measures * Create Composite Quality Scores * Turn Quality and Resources into Efficiency Metrics
Estimate MN Health Care Home Revenue * Quantify Key Revenue Drivers * Estimate Financial Impact of Practice Variation* Analyze Revenue by Conditions and Services * Assess the ROI of Health Care Interventions * Case Mix Adjust KeyPerformance Measures * Create Composite Quality Scores * Turn Quality and Resources into Efficiency Metrics
How do your providers fare when quality and resources are combined into
an “efficiency” measure?
Turn Quality & Resources into Efficiency Metrics
To create efficiency metrics, Evidity combines composite quality scores and resources.
Clinic7
Clinic10
Clinic5
Clinic8
Clinic2
Clinic12
Clinic6
Clinic1
Clinic9
Clinic4
Clinic3
Clinic11
Quality
Resources
LeastEfficient:Lowqualityandalotofresources
MostEfficient:Highqualityandfewresources
Estimate MN Health Care Home Revenue * Quantify Key Revenue Drivers * Estimate Financial Impact of Practice Variation* Analyze Revenue by Conditions and Services * Assess the ROI of Health Care Interventions * Case Mix Adjust KeyPerformance Measures * Create Composite Quality Scores * Turn Quality and Resources into Efficiency Metrics
Bubble size represents number of patients at each clinic