What is the value of advance care planning for chronic care management companies?
Many of the Chronic Care Management Companies we serve use ADVault’s advance care planning solution suite to establish themselves as long-term and post-acute care (LTPAC) preferred partners in large well-established healthcare payer and provider networks. MyDirectives for Clinicians helps deliver higher value outcomes, interoperable digital data exchange, and suitable cost avoidance opportunities.
Most patients with advanced or terminal illness prefer to be cared for and die outside the hospital. Advance care planning (ACP) interventions have been proven to reduce the risk of hospitalizations, as well as shorten intensive care unit (ICU) length of stay (LOS). By conducting ACP discussions and digitally documenting patient preferences, LTPAC teams:
- Increase the likelihood that patient wishes are honored, thereby improving patient and family satisfaction scores,
- Avoid sending patients to the hospital for medical treatments and interventions at the end of life, which reduces unnecessary and unwanted admissions, procedures, and length of stay,
- Accomplish patient-centered clinical excellence goals, and
- Achieve HEDIS Care for Older Adults Measures.
The result—a preferred provider designation from health systems and health plans—that translates into more referrals and higher revenue.
Contact us today to discuss how we can assist you in helping your patients and families.
