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How Rehab Therapy Practices Can Make the Shift to Value-Based Care with Forcura

Pivoting your rehabilitative therapy practice to operate in a value-based care economy is not just good for your patients, it could be the best strategic decision you make for your business’s financial future. Why? Because whatever your payer mix or age of your patients, the demand for care delivery to be aligned to better clinical outcomes is only intensifyingNow is the time to evaluate exactly where your business stands today as reimbursements increasingly shift from volume to value.   

As we learned from three expert panelists in Forcura's webinar, “Is Your Therapy Practice Leaving Money on the Table?”, a smart place to start is by optimizing your workflows and investing in the right technology to modernize your operationsHere are three reasons why Forcura is the best technology partner to get your practice value-based care ready. 

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1. Coordinate care from a single, intuitive platform. 

Whether you operate a single free-standing practice or provide therapy services in multiple locations, you want your operations to be streamlined and cost-effective so there’s minimal drag on your current revenuesForcura’s care coordination platform works as an efficiency-multiplier for your staff by: 

  • Centralizing and digitizing all your referral, plan of care (POC) and other patient documentation into a cloud-based dashboard, 
  • Reducing the time to onboard new patients by as much 50%, 
  • Allowing cross-functional teams to collaborate and manage workflow through one integrated system, 
  • Capturing documentation such as ABN forms, insurance information and patient signatures directly from the field using Forcura’s HIPAA-secure mobile application, and 
  • Eliminating expenses associated with paper, faxing, copying and storage. 

2. Optimize today’s revenue cycles and mitigate Medicare compliance risk to be in a stronger position tomorrow. 

Once you’ve reduced your administrative expensesit’s equally important to consider your practice’s revenue cycle management, especially if your practice treats Medicare patients.  

  • Patient onboarding is a particularly important time for your clinical teams, who want to have as much time as possible to review new patient documentation and histories. Thanks to Forcura’s Referral Automation with IQ, your teams have as much as two hours more per patient to identify other health conditions that can impact plans of care – and the associated coding to bill against.  
  • With Forcura CircleForcura’s integrated e-signature solution, your teams can easily route all plans of care and recertifications to your physician partners, who can view, sign and return POCs and recerts using a secure single sign-on. Not only will you protect cash flows, you’ll also reduce your Medicare audit risk and the fines that could impact your bottom line.  
  • Forcura’s easy-to-use Analytics presents meaningful business insights without the need for specialized roles, manual data extracts or complicated reporting. With just a click, learn precisely which physicians are holding the highest volume of your POCs or recerts, and how long those orders have been outstanding. You can target those physicians for outreach and improve your revenue cycle management.  

3. Deliver better clinical outcomes. 

The top priority for any rehab therapy provider joining a value-based care arrangement is to prove your business can improve clinical outcomes. While hiring the most talented, compassionate staff is key to achieving that goal, so too is leveraging technology like Forcura. 

  • When a patient’s condition changes, you want your entire multidisciplinary care team to get real-time updates. Forcura’s mobile application is the HIPAA-secure communication hub that connects your teams and back office with text and live video options.  
  • The mobile app also helps your staff update patient progress from the point of care with notes or images that can be saved directly to the patient chart. 

Streamlining your workflows, optimizing your revenue cycle management, and ultimately, working to create those better patient outcomes is not something you have to accomplish alone. To date, Forcura has partnered with more than 500 providers who represent more than 557,000 patients each month to empower better patient care. We invite you to leverage a technology partner who will work to know your business as well as it knows the industry. Ask for a demo today! 

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Kate 6-Retouched

As Forcura's Director of Communications and Brand Strategy, Kate brings a robust background and knowledge of the healthcare and post-acute industry to Forcura. She also represents Forcura as a social media ambassador at events around the country, is an on-camera reporter and interviewer, and host of our Innovate Jax podcast.

Connect with Kate on LinkedIn.

 

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