Vizient, Inc. and the Association of American Medical Colleges (AAMC) announced the launch of community benchmarking capabilities for physicians within the Clinical Practice Solutions Center (CPSC), an analytics platform that drives performance improvement for academic and community practices.
The addition of community benchmarking expands the capabilities of CPSC to provide key metrics that enable practices to better meet the challenges in a rapidly changing marketplace. Moreover, in what has become a strategic area of growth for many academic providers — expansion into community practices — CPSC allows for a more complete picture of medical group performance.
CPSC leverages the 20-year partnership between the AAMC and Vizient to provide services that measure, monitor, and drive clinical and financial provider performance. The addition of community benchmarking provides metrics, including physician productivity, new patient visit ratios, reimbursement coding and procedure distribution, and charge lag data. It has the flexibility to allow each organization to view the data in numerous ways, such as by provider, by over 128 specialties, and by location, and to compare performance with peer organizations.
“CPSC’s continuous evolution helps members navigate and adapt within an emerging new normal,” said Janis M. Orlowski, MD, chief healthcare officer, AAMC. “The addition of community benchmarks allows CPSC members to have a more complete picture of medical practice plan performance across their enterprise and new best practices within today’s environment.”
CPSC gives plan administrators and clinical leaders — whether community practice, academic medical center, or both — insights to monitor and improve patient access and performance. The solution provides the ability to benchmark academic and community-based providers across a wide variety of metrics.
“As hospitals expand their footprint beyond the four walls, CPSC is expanding as well,” said David Levine, MD, group senior vice president, Center for Advanced Analytics, Vizient. “Adding community benchmarks allows members to more completely assess comparative performance and trends for areas like patient access, quality, productivity and revenue capture across all medical practices, regardless of affiliation.”
