New Product Innovation Leadership - Value Based Care Administration System - GE Centricity Financial Risk Manager

New Product Innovation Leadership - Value Based Care Administration System - GE Centricity Financial Risk Manager

A Frost & Sullivan Position Paper

RELEASE DATE
22-Sep-2015
REGION
North America
Research Code: 9837-00-B0-00-00
SKU: HC02543-NA-MR_16665
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Description

Healthcare information technology systems to support provider financial management is a key area of growth and interest in the market. With shifts in models to value-based payments (VBR), this entails more financial risk for providers. Successful management of the transition to VBR can only be achieved when healthcare organizations are clinically and financially integrated to ensure tight care coordination and efficient resource utilization. That level of integration requires the aid of a robust IT infrastructure to support the enterprise. It is particularly important that those taking on the greatest risk, e.g., provider sponsored health plans, leverage health IT solutions that are designed to help them effectively carry out their mission of higher quality and greater cost efficiency. GE’s Centricity Financial Risk Manager is a unique offering in the financial management marketplace positioned for provider organizations that manage their own health plan(s) and/or are contracted with other payers to manage care for specific populations, offering an end-to-end suite of software and services designed to administer risk based claims and monitor utilization and reimbursements.

Table of Contents

Healthcare information technology systems to support provider financial management is a key area of growth and interest in the market. With shifts in models to value-based payments (VBR), this entails more financial risk for providers. Successful management of the transition to VBR can only be achieved when healthcare organizations are clinically and financially integrated to ensure tight care coordination and efficient resource utilization. That level of integration requires the aid of a robust IT infrastructure to support the enterprise. It is particularly important that those taking on the greatest risk, e.g., provider sponsored health plans, leverage health IT solutions that are designed to help them effectively carry out their mission of higher quality and greater cost efficiency. GEs Centricity Financial Risk Manager is a unique offering in the financial management marketplace positioned for provider organizations that manage their own health plan(s) and/or are contracted with other payers to manage care for specific populations, offering an end-to-end suite of software and services designed to administer risk based claims and monitor utilization and reimbursements.
More Information
No Index No
Podcast No
Author Nancy Fabozzi
Industries Healthcare
WIP Number 9837-00-B0-00-00
Keyword 1 Healthcare information technology systems
Keyword 2 Value Based Care Administration
Keyword 3 New Product Innovation Leadership
Is Prebook No