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DOTmed Healthcare Business News: Cost Containment Corner - The importance of redesigning care for at-risk patients

May 10, 2017 Loopback HQ
The risk burden for hospitals has been increasing steadily since the implementation of the Hospital Readmissions Reduction Program (HRRP) in 2012. Hospitals have been working to lower readmission rates, especially for at-risk populations, in order to avoid the associated penalties. Despite the rapid expansion of electronic medical records and additional economic incentives to reduce readmissions as a result of episode payment models (EPMs), comprehensively addressing readmission risk remains a challenge. The costs and causes of readmissions Readmissions can be costly for hospitals. According...Read more
Media Coverage

Predictive Modelin News: Empowering the Shift to Value

May 03, 2017 Loopback HQ
Only 1/3 of hospitals use predictive analytics, even though integrating patient information, data mining, stats and machine learning are the industry’s prized tools for rolling out population health management. Patient information today stems from a variety of records and resources, and while population health management is critical to improving clinical/financial outcomes for patients and for taking the guesswork out of healthcare, implementation of predictive analytics begins with pushing providers to performance-based care and standardization into workflows. nforming redesigned and...Read more
Media Coverage

Health Tech Zone: Bundled Payments Are Here to Stay- Three Keys to a Successful Evolution

April 05, 2017 Loopback HQ
Despite some uncertainty with the new administration, the move toward bundled payments is likely to accelerate. Bundled payments have demonstrated measurable improvements in clinical care coordination, patient outcomes and financial savings across the care continuum. As a result, it’s widely expected that this emerging trend will go mainstream, expanding from its current limited application in joint replacement to cover a wide range of procedures. The Benefits of Bundled Payments To effectively leverage the benefits of a bundled payments program, hospitals, skilled nursing facilities, home...Read more
Media Coverage

Becker's Hospital Review: Strategies to reduce at-risk patient readmissions

March 22, 2017 Loopback HQ
Strategies to reduce at-risk patient readmissions Written by Neil Smiley, CEO of Loopback Analytics | March 22, 2017 Over the last several years, hospitals have been hard at work to develop strategies to avoid penalties and denial of payments associated with high readmission rates. More recently, the expansion of bundle payments and other value-based payment models have further increased the importance of this effort. To reduce readmissions, most hospitals have made significant investments in a wide array of intervention programs, such as enhanced discharge planning, nurse navigators, post-...Read more
Media Coverage

MedicalResearch.com: Loopback Analytics Uses Predictive Analytics To Close The Loop In Health Care Data

March 17, 2017 Loopback HQ
MedicalResearch.com Interview with: Neil Smiley CEO of Loopback Analytics MedicalResearch.com: What is the background for Loopback Analytics? What are the problems Loopback Analytics is attempting to mitigate? Response: Loopback Analytics (Loopback) is a Software-as-a-Service company that provides event-driven population health management. Founded in 2009, Loopback integrates and manages diverse data sources to support predictive analytics and intervention solutions to address health reform reimbursement challenges with the goal of achieving the Triple Aim – better care, better health and...Read more
Media Coverage

Healthcare Business Today: Real-Time Data Sharing - A New Path Forward

March 01, 2017 Loopback HQ
Historically, data sharing across the healthcare continuum has been hindered by a host of challenges. These diverse issues range from data security concerns, technical standard issues, required infrastructure costs, and misaligned incentives surrounding participation. Incremental progress has been made over the past decade through wide investment into electronic health record (EHR) systems. Unfortunately, this progress has been uneven. On the inpatient and outpatient side, core focus areas of EHR deployment have been in areas other than frictionless data exchange. Post-acute care has been...Read more
Media Coverage

Becker's Hospital Review: Why bundled payments are here to stay, and 3 steps to evolve

December 28, 2016 Loopback HQ
Why bundled payments are here to stay, and 3 steps to evolve There is a lot of uncertainty surrounding the future of bundled payments. Tom Price, Trump's selection for the Secretary of Health and Human Services, has publicly expressed his concern that Center for Medicare and Medicaid Innovation (CMMI) has overstepped its charter by imposing mandatory bundled payment programs for Chronic Joint Replacement (CJR) and Cardiac procedures. Nevertheless, bundled payments are likely here to stay, because they have proven to be an effective tool in driving improvements in cost and quality. While...Read more
Media Coverage

HealthTechZone.com: Healthcare Technology Trends for 2017

December 19, 2016 Loopback HQ
Healthcare Technology Trends for 2017 While interoperability, predictive analytics, machine learning, and patient-generated health data will continue to be topics at the forefront of technology considerations, Loopback Analytics believes the transformative changes in 2017 will come from effectively leveraging these new capabilities to successfully drive clinical and financial improvements. 1. Acceleration of Interoperability Historically, establishing interoperability across the healthcare continuum has been stymied by a myriad of issues ranging from data security concerns, technical...Read more
Press Release

Loopback Analytics Partners with Meadows Mental Health Policy Institute to Connect Dallas-Area Behavioral Health Facilities & Improve Patient Care

November 17, 2016 Loopback HQ
DALLAS, Nov. 17, 2016 /PRNewswire/ -- Loopback Analytics, a pioneer in event-based population health solutions, today announced a new partnership with Dallas-based Meadows Mental Health Policy Institute (MMHPI) to connect area hospital emergency rooms, law enforcement and behavioral health providers. The network will work to notify service providers to coordinate referral and follow-up for mental health patients to ensure they receive appropriate, long-term treatment to reduce emergency room visits, law enforcement detention and recidivism, freeing up resources to focus on public safety. In...Read more
Media Coverage

Modern Medicine: Three Data Driven Practices that Boost Adherence

November 17, 2016 Loopback HQ
Medication adherence is a significant healthcare challenge for organizations across the country, and around the world. In 2003, the World Health Organization (WHO) pegged nonadherence as the leading cause of preventable mortality, morbidity and healthcare costs. In fact, half of all patients do not take their medications as prescribed , and at least 125,000 Americans die annually due to nonadherence, likely exacerbated by the fact that compliance is lowest among patients with chronic illnesses. Not only is nonadherence a tremendous public health problem, it’s also a huge driver in the high...Read more
Media Coverage

McKnights: Promoting Interoperability Between SNF's, Hospitals and Home Health

November 16, 2016 Loopback HQ
Billions of dollars have been spent on electronic health record systems over the past decade. However, interoperability between EHR systems remains elusive – particularly for post-acute care settings such as skilled nursing and home health. Post-acute care providers were left out of EHR subsidies for Meaningful Use, and PAC technology lags behind other care settings. However, even among hospitals and physician groups that benefited from EHR meaningful use subsidies, interoperability is still spotty. Part of the interoperability challenge is certainly technology related. Data exchange...Read more
Media Coverage

MedicalResearch.com: Big Data Using Predictive Analytics Aims To Improve Medication Adherence

October 17, 2016 Loopback HQ
Medication adherence is the degree to which a patient is taking medications as prescribed. Poor medication adherence takes the lives of 125,000 Americans annually, and costs the health care system nearly $300 billion a year in additional doctor visits, emergency department visits and hospitalizations. Keep readingRead more

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