Why Simulate Healthcare?
The healthcare landscape is rapidly changing…
On October 1, 2012, a new form of the Inpatient Prospective Payment System went into effect, launching the government’s effort to reduce Medicare expenses by more than $155 billion dollars. Familiar terms like fee-for-service and capitation will give way to government-sponsored controls such as Value-based Purchasing and Clinical Process of Care Measures.
Two questions will now determine the amount of reimbursement a healthcare facility can earn:
- How did the patient rate their hospital stay and medical care?
- How reliable was the facility in delivering healthcare to the patient?
Stated plainly, any decrease in quality and timeliness of care will result in lost revenue.
In order to stay competitive, hospitals and other healthcare facilities can no longer delay performance evaluations and wait for monthly or quarterly reports. It suddenly becomes necessary for these organizations to be proactive and receive accurate information about where they are and where they’re going; in doing so, they can improve patient outcomes under the new system, manage costs, and maximize their reimbursement.
Where does healthcare simulation fit into this?
Now that the government has set forth the minimum standards for patient care and what the government will pay for that care, it’s up to care centers to control costs in order to remain viable.
Simulation allows decision makers to analyze and optimize their unique healthcare environments.
Simulation can help expose critical information about a facility’s level of compliance to minimum patient care standards, and show how changes to personnel and equipment can affect future compliance.
Simulation allows healthcare facilities to put their current procedures to the test in a less costly and less risky environment than physical testing. Changes that are made on the basis of evidence from a well-made simulation model could directly result in higher Clinical Process of Care scores under PPACA (Obamacare) – and therefore a higher reimbursement.
FlexSim Healthcare is the only simulation software designed specifically for patient flow modeling and healthcare. This powerful software makes use of a Patient Care Track system that is both familiar to providers and exceedingly capable of defining all treatment activities for patients the facility might service.
Click here to learn more about FlexSim Healthcare.