Driven by financial pressures from employers, payors and consumers alike, the shift from volume to value is significantly changing how health care is both paid for and delivered.
With the added complexities of emerging value-based reimbursement models, developing and administering new performance-based compensation programs that align with the evolving environment can be cumbersome.
As organizations integrate more value-based care measures into their physician compensation programs, a transparent view into how providers are performing and being paid is critical and requires access to timely, accurate and actionable data. Additionally, it is essential that physician leaders can quickly and clearly evaluate performance data so they can provide guidance on how to improve. Developed in cooperation with Mayo Clinic Health System, SullivanCotter’s Provider Performance Management TechnologyTM (PPMTTM) is an industry-first, cloud-based solution that enables provider engagement through transparent performance-based compensation administration, reporting and analytical capabilities.
Designed to address a spectrum of physician, leadership and other key stakeholder needs, PPMTTM combines years of health care compensation insight and expertise with an intuitive, automated technology platform to help drive provider performance and support the transition from volume- to value-based care.
Enhancing Performance Through Alignment, Transparency and Insight
PPMTTM supports your organization’s transition from volume to value by going:
| FROM | TO |
|---|---|
| Multiple sources of information | Single source of truth |
| Lack of trust in data | Full transparency and audit ability |
| Delayed, incomplete results | Timely, accurate information |
| Endless rows of data | Actionable insights |
| Time spent compiling data | Time spent improving performance |
| Disparate sources of measurement | Built-in benchmarks and comparisons |
Providing Value to Key Stakeholders
Centralized and actionable data tailored to the unique needs of each stakeholder
Leadership
- Reliable information to assess progress against organizational goals
- Insights into drivers of performance at the organization, group and physician level
- Ability and capacity to focus on performance improvement efforts and coaching
Administration
- Accuracy and speed of administration efforts
- Alignment with internal partners such as Finance, HR, Physician Services, Quality and more
- Capacity and tools for deeper analysis
- Identification and reconciliation of escalated issues
Physicians
- Single source of performance progress
- Actionable opportunity for improvement
- Utilization and settlement reporting
- Access to peer/group performance and patient-level data
Offering Three Modules to Address Unique Needs
Provider Performance Management (PPM)
- Assess physician performance and compensation against defined targets and metrics
- Provide access to leaders, administrators and physicians with tailored views and access
- Measure and improve physician performance through actionable insights
- Ensure data reliability via extensive, built-in audit tools
Revenue and Productivity Analytics (RPA)
- Review comprehensive and disparate billing information in a central repository
- Analyze impact via RVU scale conversion capabilities
- Facilitate RVU sharing arrangements
- Automate modifier adjustments
- Integrate non-billable RVU credit information for holistic view of physician performance
- Compare performance to market-leading benchmarks
Compensation Management Analytics (CMA)
- Integrate compensation earned from all sources for included physicians
- Highlight dollars paid and balances due
- Facilitate settlement reporting and review process
- Trend data to project year-end results and model improvement scenarios
- Generate accruals for Finance
