Edison, N.J.-based JFK Health successfully completed its first year in the Comprehensive Care for Joint Replacement program, with the help of revenue cycle management company PMMC.
Here are six things to know:
1. JFK leveraged PMMC's analytics to evaluate spend performance of its post-acute care providers.
2. The health system finished $242,000 under the episode spend target in its first year.
3. CMS owed the health system $171,000 after applying the stop-gain limit.
4. By applying actionable analytics, JFK discovered skilled nursing facilities drained a good amount its money. PMMC helped the health system figure out how to balance the SNF length of stay so as not to exceed the stop gain.
5. The health system reduced its length of stay from 21 days to 10 days.
6. PMMC helped JFK manage spend across the entire episode of care.