Loopback Analytics Teams with Accenture for Value Based Care Models
NEW YORK; Jan. 25, 2018 – Accenture has teamed with Loopback Analytics, a leader in population health analytics, to support health systems aiming to participate in new value-based care models, such as the new Bundled Payments for Care Improvement (BPCI) Advanced program.
”BPCI-Advanced represents a rare opportunity for health systems to receive detailed claims data from CMS to help optimize post-acute networks and inform value-based care initiatives,” said Neil Smiley, CEO of Loopback Analytics. “This collaboration will support providers as they make the transition to alternative payment models and value-based care.”
The initiative combines the depth of Accenture’s data-driven consulting services with insights from Loopback’s EpisodeInsights™ platform, enabling providers to evaluate the economic impact of bundled payment participation across 32 clinical episodes, as defined by the Centers for Medicare & Medicaid Services (CMS). As organizations prepare for the new BPCI program, they can use these insights from Accenture and Loopback Analytics to evaluate the impact of participation across CMS-defined clinical episodes, comparing local and national benchmarks for practice patterns, episode costs and clinical performance.
In addition to helping support health systems that participate in value-based care models, Accenture and Loopback Analytics will help health systems identify and improve clinical variation, leading to cost efficiency and more consistent outcomes. Leveraging Loopback’s platform, Accenture will provide clients with analysis of their clinical performance and targeted recommendations to improve clinical processes. For those health systems that are assembling integrated networks, Loopback and Accenture bring a flexible, real-time data sharing infrastructure to connect network partners and proactively engage patients at risk of readmissions, length-of-stay deviations and other adverse events.
“In an increasingly competitive market, health systems face mounting pressure to improve services and outcomes while achieving cost efficiency across care settings,” said Gerry Meklaus, managing director at Accenture. “Our collaboration with Loopback Analytics aims to identify where providers can reduce clinical variation while achieving stronger performance in their value-based contracts.”
Learn more about Loopback Analytics health solutions and Accenture’s health practice.
About Loopback Analytics
Founded in 2009, Loopback Analytics is a pioneer in empowering health systems and post-acute care organizations to more effectively manage care transitions and reimbursement challenges in a "pay-for-outcome" environment. The company’s comprehensive management platform helps identify at-risk patient populations, match interventions and measure efficacy to improve clinical and financial outcomes. For more information, visit www.loopbackanalytics.com.
Accenture is a leading global professional services company, providing a broad range of services and solutions in strategy, consulting, digital, technology and operations. Combining unmatched experience and specialized skills across more than 40 industries and all business functions – underpinned by the world’s largest delivery network – Accenture works at the intersection of business and technology to help clients improve their performance and create sustainable value for their stakeholders. With more than 435,000 people serving clients in more than 120 countries, Accenture drives innovation to improve the way the world works and lives. Visit us at www.accenture.com.