2015 was an exciting year for the QPID Health team. We released new products, were recognized by a leading industry analyst for our innovative and impactful solutions, and launched a new website. Most important, our solutions were selected by some of the most renowned healthcare systems in the country to help them meet their quality goals.
As we gear up for 2016 we thought it would be fun to look back and share some of our proudest moments of 2015. Here goes:
Hey, look Ma, we’re Cool! – We were named a “Cool Vendor” for Healthcare Providers by Gartner, the global IT research giant. Their healthcare analysts, who talk with 100s of customers and vendors each year, singled out QPID Health as a “vendor that presents unique solutions under the broad realm of transformation and change.”
On the Podium with Partners – QPID Health’s Chief Medical Officer Dr. Mike Zalis co-presented at HIMSS 15 with Dr. Creagh Milford, associate medical director for Population Health Management at Massachusetts’ largest IDN, Partners Healthcare. They reviewed the success that Partners has had using QPID software to assure 100% medical necessity for high volume, high cost procedures. The solution is now being rolled out across the 10-hospital system.
Coast-to-coast Go Lives, including…
Providence Health & Services is deploying our Registry Submission solution. First mover Everett Regional Medical Center will be able to double its clinical data registry participation, without increasing staff.
Holyoke Medical Center is using QPID to help identify behavioral health patients at risk for emergency visits and readmission, under a grant from the Massachusetts Health Policy CHART Investment Program.
Sharp HealthCare is using QPID Health to streamline reporting to CMS under the Physician Quality Reporting System (PQRS). The Quality Reporting solution is being used to report 2015 data for its 500-physician Rees-Stealy Medical Group.
Our Quality Reporting and Registry Submission products hit the market with a revolutionary new approach to reporting. Because the software automates the time-consuming location of relevant facts in the EHR, abstractors and analysts can work more quickly and efficiently. Best of all, they can focus their clinical know-how where it’s needed.
We have launched a content subscription service for Epic users. QPID Groupers for Epic links diseases with their meds and labs to enhance the clinical value of information displayed in various Epic functions such as the Problem List. The service was developed in collaboration with Epic to fill a gap in their offering and help our mutual clients reduce in-house development. Details here.
We are proud to have partnered with renowned author, physician leader and QPID Health Advisory Board member Dr. Robert Wachter in a unique conversation-style Webinar highlighting themes from his best seller “The Digital Doctor.” The event drew a big crowd, but if you weren’t among them you still have a chance to hear this dynamic speaker. Listen Now!
Julie McDonald, Director, Clinical Analytics, Providence Regional Healthcare Center, was guest speaker in another popular Webinar. She shared her expertise around clinical data registries and offered organizational and technological strategies to meet the growing demand for participation. Listen Now!
QPID Health President and CEO Mike Doyle’s article “Why the CFO should care about health IT as much as the CIO” was featured in the leading healthcare publication Becker’s Hospital Review. Want to know why? Read on.
Garry Choy, MD, assistant medical information officer at Massachusetts General Hospital, was interviewed by Health IT Outcomes. A long-time user of QPID software, he explains how QPID “thinks like a physician” to find information and how it can “enable better analytics to be performed on the data stored within the EHR.” Read the interview.
Well, maybe it’s not “thought leadership” but I just can’t resist including Mike Doyle’s Trump-style tirade captured in this 1-minute video for the More Disruption Please conference. Disclaimer: Posted in the spirit of “humor is good for your health”!
Finally, we updated our website. It was designed to help visitors get a high level understanding of our solutions and to explain why Clinical Reasoning software, more than just Natural Language Processing, is needed for applications that require clinical knowledge. Have a look around.Did we achieve our goal?
We hope that everyone has a great 2016 and look forward to sharing more good news in the months to come!
When one considers the confluence of regulatory change, digital technology, and capital forces affecting medical professionals today, it’s safe to say there has been no other time in healthcare quite like the period we are entering now.
Healthcare executives have the opportunity to lead the way to success in this time of increasing financial risk and performance-based reimbursement. Although only 42% of hospitals reported that 10% or more of their revenue is tied to value-based contracts, momentum towards taking on risk for lowering costs and improving outcomes is building. Risk is being shifted to providers from payers under programs such as Medicare Shared Savings on the public side, and Blue Cross Blue Shield of Massachusetts’ Alternative Quality Contract (AQC) on the commercial side. Under these arrangements, payment is for quality, not volume.
Why does health IT matter so much? Clinical analytics to learn what works best is critical to improving care and bending the cost curve. But the challenge is not only achieving better outcomes, but documenting and reporting on those outcomes. Reimbursement under value-based models is directly linked to the ability to report on quality measures. If your reports don’t match the quality of the care you deliver, you are simply out of luck. If your reporting requires highly trained clinical personnel to spend time populating fields and reading records manually, that’s wasting resources.
Hospitals will no longer stay in business if they persist in old ways of operating: essentially, throwing expensive clinical labor at problems.
Smart technology is the only way to survive in this time of change. So the CFO should care about health IT as much as the CIO.