Leveraging your lab s data is essential in the new marketplace. Find out where to begin and how to succeed.
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1 Clinical Informatics in the Laboratory: Leveraging your lab s data is essential in the new marketplace. Find out where to begin and how to succeed.
2 Labs have a unique opportunity to become leaders in patient data analysis and synthesis. Get up to speed today! Clinical Informatics in the Laboratory: The health care market paradigm has changed to one that is aiming to mandate value-based care and reimburse based on demonstrated improved outcomes and reduction of costs. A data-driven model, this new paradigm means that in order for any individual provider, clinician or institution, pathologist or lab to generate financial gains for their organization patient health information must be leveraged. Clinical informatics lab clinical informatics in particular can be optimized for managing care at both the individual patient and population levels through using a variety of value tools such as: Decision Support Reminders Quality Metrics (e.g. red flags, follow-up reminders) Risk Analysis Care Monitoring As both a resource and guide, Clinical Informatics in the Laboratory from G2 Intelligence aims to answer the why-to and how-to questions surrounding this shift. It provides an in-depth analysis of several clinical informatics value tools, assessing innovative, data-driven solutions as they relate to the conundrum of generating financial value in a highly complex, somewhat nebulous reform-driven health care environment. Plus, G2 evaluates innovative, new value-based informatics opportunities for labs according to their strategic strength and potential for lowering costs and increasing savings. Example Primary Informatics Needs in Value Market Paradigm Labs can expect information exchange and advanced levels of interconnectivity will continue to grow as a must have to do business looking forward. All clients, including but not limited to providers, hospitals, payers, and patients, will increasingly demand access to health information that is electronic and easy to use. This will include HIE platforms, patient portals, middleware and other client relationship management tools. Excerpt from Clinical Informatics in the Laboratory: A comprehensive 90+ page report, supported by 40 data-rich tables and charts. Performance Management Population Health Management Chronic care Acute care Cost Reduction Utilization Management Resource Management Risk Prediction (Individual Likelihood for Risk) Care Coordination Connectivity Systems and Info Integration Effective Transitions (Discharges, Hospital to Outpatient World, Between Specialists Source: G2 Intelligence, 2014
3 Clinical Informatics in the Laboratory: Table Of Contents Table of Contents CHAPTER 1: Overview: Innovation, Value and New Pathways...7 Background...7 New Compensation and New Models of Delivery...8 Implications for Consumers, Providers and Clinicians Value Market Clinical Informatics Requirements Value Market Paradigm Framework Information Technology Infrastructure Strategic Insights CHAPTER 2: Value Market Informatics Adoption Snapshot...17 HIT Systems Infrastructure Infrastructure versus CI tools HIT Suppliers Adoption Preparing for ACOs and Value Market CHAPTER 3: Clinical Informatics Tools and Value Applications...31 The Ideal Fit for Laboratories and Pathologists Example of a Value CI-Driven Solution for Acute Care Performance Management Example of a CI Value-Driven Solution for Resource Utilization in Cost Reduction and Management CHAPTER 4: Lab Value Informatics Solutions (What Are the Solutions/Case Studies/Examples?)...51 EHR and LIS Vendor Shares in Short Term Acute Care Hospitals CI Tools in Hospitals Business Case Study Strategic Insights Appendix A...71 Appendix B...87 About the Analyst...89 About G2 Intelligence...91
4 Clinical Informatics in the Laboratory: Table of Figures NCQA PCMH Practice Growth...8 NCQA PCMH Clinician Growth...9 Growth of ACOs (Combined Public and Private) FFS and Value Payer Models for Utilization Management FFS and Value Lab Models Value Market Categories Primary Informatics Needs in Value Market Paradigm Key Conclusions From 2010 PCAST Report and 2014 JASON* Report on Health IT Top 50 Healthcare Informatics Companies by Revenue* CHPL Excerpt Summary Table Performance Measurement Clinical Focus for Health Care Organizations LabCorp Enlighten Health Key Tools and Solutions Short-Term Acute Care Hospitals (STAC): ACO and EHR/EMR Adoption, Value Application Categories Disruptive Role for Pathologists Summary Matrix of CI Tools by Value Application Value Application - Performance Management Performance Management Lab Clinical Informatics Solutions Performance Management CI Evidence Matrix Key Features of the Diagnostic Management Team Approach Value Application Cost Reduction and Management Cost Reduction and Management Clinical Informatics Solutions Cost Reduction and Management CI Evidence Matrix Value Application Care Coordination Care Coordination Clinical Informatics Solutions Care Coordination CI Evidence Matrix Vendor EHR Share for ALL Hospitals and ACOs Only Vendor LIS Share for All Hospitals and ACOs Only Care Coordination Software Use in Short-Term Acute Care (STAC) Hospitals Vendor Share of Care Coordination Software Use in STAC Hospitals Care Coordination Software Use; Top 8 Vendors by Share in STAC Hospitals Sample Products for Top 5 Care Coordination Vendors Clinical Decision Support Software Use in STAC Hospitals Vendor Share of Clinical Decision Support Software Use in STAC Hospitals Clinical Decision Support Use; Top 8 Vendors by Share in STAC Hospitals Sample Products for Top 5 Clinical Decision Support Vendors Performance Management Software Use in STAC Hospitals Vendor Share of Performance Management Software Use in STAC Hospitals To order by phone, please call G2 Customer Care at , or CustomerService@G2Intelligence.com
5 2013 Performance Management Software Use; Top 8 Vendors by Share Sample Products for Top 5 Clinical Decision Support Vendors Healthcare Relationship Cloud Case # Healthcare Relationship Cloud Case # Certified Health IT Product List (CHPL), 2014 Certification Editions...71 Reference List for Chapter 3 Clinical Informatics Evidence Matrices Clinical Informatics in the Laboratory:
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