Innovaccer Inc., a Silicon Valley-Headquartered Healthcare analytics company has unveiled ACO Compare, a one of it’s kind free tool to track, monitor and compare the performances of Accountable Care Organizations. Created after extensive research on Accountable Care Organizations currently functioning in the US with performance and quality data as received from CMS, ACO Compare combines 33 quality reporting measures specified by the CMS serve as the basis of comparison which are divided into four broad domains:
– Patient/Caregiver Experience
– Care Coordination/Patient Safety
– Preventive health measures
– At-risk Population measures
This tool provides the users an interactive dashboard with a simple point-and-click interface to compare up to five ACOs at once. A visually absorbing, detailed, color-coded comparison is performed on the four domains and set against measures specified by CMS, including quality points and generated savings. All of these points can be benchmarked against the national average to get a better understanding of where any one organization/ area stands. The tool brings together the performance and quality data provided by CMS, of around 400 ACOs spanning over all 50 states.
As the healthcare industry transitions to value-based care, the need is to identify gaps in care, develop care plans and services centered around patients. Therefore, it is of utmost importance that ACOs are able to track their performances on different measures, assess the trend and are aware of the best practices in the industry. ACO Compare enables providers to learn about the trends, compare metrics, beneficiaries and shared savings over a period of three years.
“Working with large value-focused organizations in the US healthcare space has helped us create interactive and visually adaptive solutions to deal with complex data. ACO Compare tool has been created on similar lines to pool in such complex data from several sources and present the trends in a comprehensible format to aid the transition to value-based reimbursements,” said
Abhinav Shashank, CEO & Co-Founder of Innovaccer.