Quanum EHR Case Study - Premier Management Company
Texas ACO invests in the Quanum portfolio to improve patient care
Premier Management Company (PMC) manages 3 accountable care organizations (ACOs) in North Texas and Southern Oklahoma. Though they have great success as an ACO, including in 2016 being ranked 5th in shared-savings earnings nationally compared with other independent physician-based ACOs, they saw areas they wanted to improve upon.
Some PMC physicians were still not meeting the minimum threshold in performance when attesting for Meaningful Use because they were using paper charts. PMC was also struggling with too many lab vendors, which was driving up costs and the ability for their clinicians to receive data quickly. Additionally, the data frequency for Medicare claims from the Centers for Medicare & Medicaid Services (CMS) to ACOs is every 3 months, which contributes to their challenges. PMC felt this was too long to wait to take action on the information being provided; and when they did gather the data they needed, they’d have to capture it manually. They needed to manage information faster, better monitor their patient population, and make more informed decisions for patient care. Learn how Quest Diagnostics and Quanum helped PMC its goals.
- 400 physician ACO
- 12th ranked nationally
- $26.3 million saved in 2016
- $90,000 savings per physician
- 2017 began using Quanum EHR
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