Overview of the Problem
In pediatric healthcare, executive teams often face difficulties in tracking outcomes performance relative to their strategic goals. The challenge lies in customizing the tracking process in line with unique organizational objectives, all while maintaining a clear view of how they compare to other children’s hospitals.
The Role Opus Plays
Opus, Configo Health’s robust analytics platform, steps in to solve this problem. Housing over 14 million pediatric encounters, Opus empowers executive teams with the ability to map and track benchmarked outcomes performance in alignment with specific organizational strategic goals. It provides a dynamic visualization of performance variations against peer institutions, integrating seamlessly into existing workflow.
Value Created by Opus
- Cost Savings: By aligning performance tracking with strategic goals, resources are better utilized, minimizing waste and leading to substantial cost savings.
- Outcomes Improvement: Targeted performance tracking prompts focused improvement efforts, fostering a culture of continuous enhancement in outcomes.
- U.S. News Performance: Regular, targeted performance tracking supports better reporting and a higher ranking in the U.S. News & World Report’s Best Children’s Hospitals.
- Regulatory Compliance: Customized tracking aligned with strategic goals ensures regulatory requirements are met consistently.
- Improved Reimbursement: Evidence-based tracking of performance outcomes allows for a stronger negotiating position with payers, leading to improved reimbursement rates.
How to Use Opus to Solve this Problem
All analytics work is only valuable if it is utilized to drive improved performance. All Opus reports can be configured to include hospital, group or individual specific goals in addition to actual performance. This addition allows leaders to track to important strategic initiatives, align incentives and report progress to executive and Board leaders.
Incorporating Opus into your strategic process provides a precise, custom, and effective solution for tracking performance outcomes against your unique goals. Embrace Opus, and drive your organization towards its strategic objectives with clarity and precision.