Improve PLOS accuracy with MatrixCare + Hospice Dynamix
Hospices encounter numerous challenges in providing end-of-life care. With our Hospice Dynamix integration, we strive to support our customers in tackling these challenges effectively by helping them optimize operations through data management.
Hospice Dynamix is built on a continuously updated Predicted Length of Stay (PLOS) projection designated to every patient upon admission — which is why this integration enables providers to harness the power of AI to help anticipate length of stay, mitigate compliance risk, and improve operational efficiency.
In this blog, we explore these insights and how they can benefit hospice organizations.
What exactly is Hospice Dynamix?
Founded by former hospice owners and operators, Hospice Dynamix is the first decision intelligence software that uses data-driven AI to designate a PLOS for every patient from admission through the end of life. Their mission is to provide innovative, technology-based solutions that inform providers of their financial and operational risks and eliminate inefficient and ineffective methods.
Leveraging proprietary real-time, automated data-driven analytics, this integration offers solutions that empower healthcare providers with better information to make better decisions.
From a compliance perspective
Hospice Dynamix helps organizations improve their understanding of how to provide the right care at the right time. This is a result of being able to identify ADR risk or TPE risk, having the predictive length of stay upon admission, identifying patients who are going to be most vulnerable for external surveyors or audits, and ultimately to proactively mitigate those risks.
From a financial perspective
Hospice Dynamix is the one of the only software that’s been able to use this data to serve as a Medicare revenue projection, identify current and future beneficiary accounts, and ultimately calculate a highly accurate Medicare cap calculation for every open cap year — which is synonymous with projecting Medicare revenue.
From an operational perspective
Hospice Dynamix has a team of hospice experience data analysts who work directly with every single customer on a monthly basis to create tailored custom reports for internal and external purposes.
This EHR integration can now be used for palliative care
Hospice Dynamix started in hospice because they are hospice experienced. But with their highly accurate PLOS for every patient from admission through end of life, they’re now able to do that in the palliative care space through the MatrixCare integration.
This means identifying all patients currently on palliative care that should be on hospice, and possibly all hospice patients that may need palliative care based on the PLOS.
Within 30 days of predicting the length of stay, Hospice Dynamix has a 91% success rate, 93% at 50 days and 94% at 100 days.
Save time with smart patient reports and an intuitive dashboard
Hospice providers care less about the areas of their organization that are successful and more about the areas of exposure and opportunity. The Hospice Dynamix reporting mechanism reflects this by delivering breakdown visuals of key performance insights, including:
- Real-time analytics for optimal decision-making
- Referral concentration as it relates to referral source
- Diagnoses that attribute to 40% or more admissions
- List of palliative patients who should be on hospice
Leverage an intuitive dashboard with drill-down capabilities and easy-to-understand visuals of key metrics. Permission-based access allows users to view all or specific areas of an organization at a glance while prioritizing what should be your focus of concern.
These real-time dashboard insights include:
- Referral source behaviors, quality, and values
- Compliance risk and audit readiness
Discover how Hospice Dynamix and MatrixCare’s integration allows providers to proactively manage care and resources, while helping efforts to reduce compliance risks.
Nick Knowlton
Nick Knowlton is the Vice President of Strategic Initiatives for ResMed, parent company of Brightree and MatrixCare. He leads the company’s interoperability initiatives, amongst other areas. Nick brings more than 20 years of business experience across sales, marketing, product and strategy roles for technology and health information technology businesses. Prior to joining the ResMed family of brands, Nick ran strategic initiatives for Greenway Health, a market leader in the physician practice EHR space.
Nick is extremely active in the post-acute industry -- he is the chair of the board of directors of CommonWell Health Alliance and is on the board of HCTAA and PDHCA, which are affiliates of NAHC.
Nick has a Bachelor of Science degree with a major in Biochemistry from the University of Notre Dame.
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