Verras tools intelligently harness data to improve services and value in healthcare

TOOLS

Acuity Index Method TM

The Acuity Index Method™ (AIM) is Verras’ peer-reviewed, severity of illness system used to assess the clinical and cost-efficiency outcomes of medical care for hospitalized patients and those associated with the hospital’s outpatient surgery areas. Severity-adjusted data is the basis for morbidity, mortality and reduction in variation (RIV) outcomes calculations, as well as for use with the Verras Sherlock™ and Verras Watson™ tools described below. AIM is also vital to assessing the adequacy of clinical documentation used to justify patient acuity, a vital feature of efficient revenue cycle management.

Verras Sherlock TM

Verras Sherlock™ provides detail information through the major cost centers from pharmaceuticals orders and their cost to all the major diagnosis and treatment centers in the hospital. This results in identifying for each physician by severity adjustment if the patient stayed longer than expected or utilized more resources than the norm for that particular hospital, We can even compare a systems hospitals to each other.

Verras Watson TM

Verras Watson™ uses the electronic medical record to create enhancements to a hospital’s clinical pathway by creating two pathways based on severity-adjusted acuity. The low acuity patients uses our 1-3 level of severity adjustment while the high acuity uses our levels 4-5. A physician making the determination on admitting will guide the doctor and their team to provide the best interventions to proved the patient with a quality cost effective stay.

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Verras’ MVI™ hospital metrics of value utilize 3 years of either MedPAR (Medicare) data or hospitals’ specific All-Payer data from their Medical Records departments. A limited number of states can also provide All-Payer data, such as CA (OSHPD). Six metrics of value are:

  1. National Hospital Quality Metrics & Patient Satisfaction - [46 / 6%]

  2. Hospital Readmission Rates - [80 / 10%]

  3. Mortality Rates - [144 / 18%]

  4. Morbidity Rates - [174 / 22%]

  5. Reductions in Variation (RIV) - [126 / 16%]

  6. Resource Consumptions (Costs) - [230 / 29%]

The maximum points assigned to each metric are in parenthesis along with its rounded percentage contribution to the overall 800-point MVI score.

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Learn how Verras tools optimize data collection and analysis to improve healthcare delivery and value.