-1,0,2
Search

Media Room

For Immediate Release


Truven Health Analytics to Provide Consulting Support for Hospitals Included in CMS’ Proposed Comprehensive Care for Joint Replacement (CCJR) Model

Analytic and Operational Expertise Key to Hospital Success with First Mandatory Bundled Payment Model


Ann Arbor, MI, Aug. 27, 2015 — Truven Health Analytics™, a leading provider of healthcare data and analytics solutions and services, announced that it will provide consulting support for hospitals as they adopt the proposed Comprehensive Care for Joint Replacement (CCJR) Program, the first mandatory bundled payment model from the Centers for Medicare & Medicaid Services (CMS).

The five-year CCJR program, which launches on January 1, 2016, will require hospitals in 75 selected Metropolitan Statistical Areas (MSAs) to take responsibility for quality and total spending over a 90-day period for elective and urgent joint replacement procedures. The program is designed to test bundled payment and quality measurement for an episode of care associated with hip and knee replacements to encourage hospitals, physicians, and post-acute care providers to work together to improve the quality and coordination of care from the initial hospitalization through recovery.

“Because CCJR is mandatory in selected markets, affected hospitals need to understand the revenue and margin impact of the new payment methodology, ” said Sally Akers, Truven Health vice president of provider solutions consulting. “A data-driven evaluation of hospital-specific and regional performance will be a key success factor under CCJR. The time to start preparing is right now.”

Truven Health Webinar

To help get healthcare organizations up-to-speed on some of the specific steps they should be taking to prepare for the new bundled payment model, Truven Health consulting and analytics experts will present an online seminar for hospitals affected by the CCJR Program on Wednesday, September 2 at 2:00 PM EDT.

Interested parties can register online. Those who are not able to attend are encouraged to call 1.800.525.9083, option 4 for more information.

Truven Health Expertise

Truven Health, experts in risk-based payment assessment and redesign, has vast data resources from both provider and payer organizations, and experienced professionals with market-wide perspectives to help evaluate, implement, and manage episode-based payment models. The Truven Health medical episode grouper methodology is well-known and widely used to analyze healthcare cost and quality. As roles and responsibilities converge in healthcare, the value of this methodology is growing because it is utilized throughout the healthcare market. Hospitals and health systems, employers, and health plans use these analytics to evaluate episode outcomes and to understand the full impacts of new payment models. For more information about the CCJR program, visit http://innovation.cms.gov/initiatives/ccjr/.

For more information about Consulting and Services from Truven Health, visit http://truvenhealth.com/provider-consulting-services.



About Truven Health Analytics, part of the IBM Watson Health Business

Truven Health Analytics®, part of the IBM Watson Health™ business, provides market-leading performance improvement solutions built on data integrity, advanced analytics and domain expertise. For more than 40 years, our insights and solutions have been providing hospitals and clinicians, employers and health plans, state and federal government agencies, life sciences companies and policymakers, the facts they need to make confident decisions that directly affect the health and well-being of people and organizations in the US and around the world. The company was acquired by IBM in 2016 to help form a new business, Watson Health. Watson Health aspires to improve lives and give hope by delivering innovation to address the world’s most pressing health challenges through data and cognitive insights.

Truven Health Analytics owns some of the most trusted brands in healthcare, such as MarketScan®, 100 Top Hospitals®, Advantage Suite®, Micromedex®, Simpler® and ActionOI®. Truven Health has its principal offices in Ann Arbor, MI, Chicago, IL, and Denver, CO.



MEDIA CONTACTS:

Brian Erni
For Truven Health Analytics
J. Roderick, Inc. Public Relations
brian@jroderick.com
631.584.2200