It Pays to Have Real-time Healthcare Analytics
During the implementation of Real Time, we perform a baseline assessment of your past 12 months of documentation and ADL scores. Our customers typically experience a 25% increase in C level ADL scores and a 25% decrease in A level ADL scores within the first three months of using Real Time. Executives take comfort in knowing that Real Time is analyzing documentation and ADL scores 24/7/365, seeking out opportunities to maximize long-term care reimbursement rates and improve resident outcomes.
ADL Distributions at a 25-facility Chain Before and After Implementing Real Time
We’ve Got Your Number – Rely on Accurate ADL Scoring
Real Time makes it possible for long-term care facilities to take a proactive approach to healthcare by utilizing real-time data from any EMR to predict quality issues before an MDS report is submitted. Real Time turns this data into actionable insights clinicians can use to correct documentation discrepancies, increase ADL accuracy, and provide quality care.
With easy access to the most current, detailed resident data, long-term care administrators can more effectively monitor and guide the care provided to each resident.
-Case Mix Specialist
Get Paid for the Care Provided
Many nurses and clinicians are simply unaware of the small nuances in coding and the impact that documentation discrepancies can have on the facility. Even small inconsistencies and inaccuracies can land a resident in a lower ADL category.
Real Time compares the documented level of care to the actual level of billing for each resident to identify opportunities for enhanced reimbursements. Financial executives can be confident that all treatments and assessments are documented accurately in order to receive the proper reimbursement rate.
9 out of 10 Residents are Under Coded When It Comes to ADL Documentation
The difference in reimbursement rates between an RUA and an RUB level resident is approximately $95 per day. Your clinicians are likely under coding when documenting important ADLs, leaving a huge disparity between the level of care provided and the level of care billed.
Real Time identifies opportunities for more accurate documentation and makes sure your long-term care facility is optimally reimbursed. Real Time also provides clinicians with specific intervention instructions for each resident, empowering caretakers to provide the best possible care and enabling facilities to receive the appropriate reimbursement.
Real Time in Action
After implementing Real Time, a 25-facility chain increased C level ADLs by 12% and increased Medicare PPD by 2.9%, resulting in a monthly increase of $4,300 per facility.
You Own the Data… Use It!
Implementing a new EMR is an expensive, time-consuming process for any healthcare organization. Make the investment worthwhile by using the data in your EMR for clinical decision support and financial gain.
Your long-term care facility doesn’t need a fully functional EMR in order to benefit from Real Time’s powerful analytics engine. Our system can receive data from any of the leading EMR vendors in any phase of implementation.REQUEST A DEMO