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Published on: February 16, 2011
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Measuring outcomes: the key to quality management.
1Colorado Compensation Insurance, 720 South Colorado Boulevard, Suite 100, North Tower, Denver, CO, USA.
Journal of Back and Musculoskeletal Rehabilitation
|February 28, 2014
Summary
Managed care systems are integrating quality measures with financial data to control costs. This shift creates opportunities for healthcare professionals to partner with payers in developing better managed care products.
Area of Science:
- Health Services Research
- Managed Care Policy
- Healthcare Economics
Background:
- Managed care is increasingly prevalent across healthcare delivery systems.
- Traditional cost controls rely heavily on claims cost data, potentially compromising quality.
- There is a growing trend to integrate health quality measures with financial data.
Purpose of the Study:
- To explore the evolving landscape of managed care.
- To highlight opportunities for healthcare professionals in managed care development.
- To present a model for a worker's compensation managed care system.
Main Methods:
- Analysis of current managed care trends.
- Examination of the integration of quality metrics and financial data.
- Case study of a developing worker's compensation managed care model in Colorado.
Main Results:
- The integration of quality and financial data offers a pathway to control costs without sacrificing patient care quality.
- Healthcare professionals have increasing avenues to influence managed care product design.
- A Colorado-based worker's compensation managed care model exemplifies provider-payer collaboration.
Conclusions:
- Integrating quality metrics with financial data is crucial for effective managed care cost control.
- Enhanced collaboration between healthcare providers and payers is essential for refining managed care systems.
- The presented model demonstrates a promising approach to balancing cost containment and quality in managed care.
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