Welcome to the MedMetrics Blog

The MedMetrics blog provides comments and insights regarding the world of Workers’ Compensation, principally, issues that are medically-related. The blog offers viewpoints regarding issues affecting the industry written by persons who have long experience in the industry. Our intent is to offer additional fabric, perspective, and hopefully, inspiration to our readers.

Search The MedMetrics Blog

Monday, March 25, 2013

How to Gain the Competitive Advantage in WC Managed Care

by Karen Wolfe

FAQ
A frequently asked question is, how can the value of Workers’ Comp managed care programs be proven? That the question is asked at all is a very good sign for the industry. Value has been ignored for far too long. However, people are less willing to accept assumptions and sales claims of savings as proof of value. The best example of value in managed care measured by assumption and sales claims is in medical networks.

PPO discounts
Medical Preferred Provider Organizations (PPO’s) emerged in Workers’ Comp about twenty-five years ago, mimicking PPO networks in group health plans. Methods of network development were similar to those in general health—sign up doctors and facilities. The deal was, in exchange for being a part of the network, thereby enjoying the marketing benefit of automatically bringing in new business (patients), the provider would accept a discount on their fees for their medical services. The gain for payers, the purchasers of PPO services, was the discount on medical fees. The benefit for networks is a cut of the discount and a very profitable business. But the intrinsic value of networks themselves remains obscure.

The spoof of proof
Unlike PPO’s in general health where the insurance plan defines the rates and what services are reimbursable; Workers’ Comp offers no such restraint. The conditions are set for unbridled medical cost escalation through increased numbers and duration of services. Discounts are proclaimed for each of those services while value received from services, is ignored. However, if people no longer believe in discounts, networks will need a measure of value to gain the competitive advantage.

The question behind the question
The real question behind the frequently asked question (FAQ) of how to prove value is how to gain the competitive advantage. Organizations want to know how to prove their managed care programs save money or generate better outcomes. In other words, they want to show they are better than their competitors. If they can demonstrate that kind of value, they will gain the competitive advantage.

Michael Porter, creator and leader of the Institute for Strategy and Competitiveness at the Harvard Business School has spent his career studying and writing about competitive advantage in all kinds of organizations.[1] He says the competitive advantage is gained by creating and sustaining superior performance.

Positioned for advantage
Managed care programs in Workers’ Comp are positioned to gain the competitive advantage, primarily because it is still a nearly deserted space. Most organizations are still in the FAQ stage. Networks will have great difficulty shifting to a value proposition because they will only reluctantly change their funding methodology.

Network value
The way for networks to create their competitive advantage is to analyze the data to evaluate provider performance. Rather than including every provider, only the best practice providers for Workers’ Comp, based on analysis of the data, will be included. The added challenge for networks is that payers and self-insured, self-administered employers can do this on their own. Moreover, the end savings with a best practice provider can easily outweighs discounts.
 
NCM—mysticism and skepticism
Nurse case management (NCM) has been widely implemented in Workers’ Comp, and at the same time, underutilized and misunderstood. Mysticism and skepticism  plague NCM programs.  The cause is its vague processes, procedures, and reporting.

Gaining the competitive advantage by creating and sustaining superior performance is well within the reach of nurse case management programs, but they will need to step up to superior performance by applying standardized systems and procedures.

Standardize and quantify the process
Nurse Case Management organizations have allowed their product to be defined, manufactured, and delivered by individual nurses, so the product, even with an organization varies widely. Standardized processes are rare.  Even though nurses might be certified in NCM, it is the organization that should establish measurable standards of performance and insure they are followed..

Organizational standards include specified initiatives taken for defined indicators in claims. As a beginning, objective indicators that trigger referral to NCM should be automated through systems to guarantee quality and consistency.

Superior performance
Once the referral is made to NCM, standardized procedures should be followed by individual nurses and the organization. Clients of the organization can be informed of the standards and procedures in advance and in process. In place of mysticism and skepticism, objective statements of goals and intervention tactics are clear.

Calculating savings (value)
Calculating savings is often tricky because it is necessarily based on what might have been had nurse case management initiatives not been applied. Some answers to that question can be found in a former MedMetrics article, How to Measure WhatMight Have Been”. Needless to say, calculating savings in claims is best achieved when comparing apples to apples, when the conditions triggering nurse case management and the actions taken are consistent.

As Porter says, the competitive advantage is gained through creating and sustaining superior performance. Superior performance in NCM is creating objective standards and following them consistently. Automating and reporting superior performance seals the deal.

MedMetrics specializes in Workers’ Comp analytics and offers online “apps” that link analytics to operations, making them actionable. They strengthen and maximize  medical cost containment initiatives. Visit MedMetrics to learn more or contact  karenwolfe@medmetrics.org to learn how MedMetrics will help your organization gain the competitive advantage.

No comments:

Post a Comment