Management in Healthcare conducts peer-review on how company’s post-acute analytics solution helped St. Joseph’s Health ACO achieve a 43% reduction in readmissions and $1.6M cost savings
Real Time Medical Systems (Real Time), the KLAS Rated, and HITRUST Certified post-acute analytics solution announced today its published article in the Management in Healthcare Journal, the major professional journal publishing in-depth, peer-reviewed articles and case studies on leadership, administration, and management in healthcare.
The article, “Improving patient outcomes while reducing readmissions with data analytics,” highlights how St. Joseph’s Health Accountable Care Organization (Mission Health Coordinated Care), implemented Real Time’s post-acute analytics platform and instituted a post-acute nurse navigator to manage their value-based patients in the post-acute setting. Results showed a 43% reduction in readmissions, 3.2 reduction in average length of stay, and a total cost of care savings of $1.6M as it relates to the Medicare population.
“Real Time’s data-driven solution provides the ability to access live post-acute patient data across care settings, enabling clinical line of sight to manage both patient and population-level quality outcomes,” states Phyllis Wojtusik, Executive Vice President of Value-Based Care at Real Time. “By implementing an innovative care coordination program that includes Real Time’s interventional analytics platform, St. Joseph’s Health is able to proactively manage patients within their post-acute network. This affords multiple opportunities to strengthen care collaboration, improve care transitions, foster seamless implementation of standardized care pathways, and ultimately reduce total costs within post-acute networks.”
With the ability to monitor patient progress at the post-acute level, St. Joseph’s Health has scaled this program across all of their value-based care models – showcasing the true impact of an EHR agnostic post-acute analytics platform in improving patient and financial outcomes.
View the full peer-review study here: Improving patient outcomes while reducing readmissions with data analytics.
About Real Time Medical Systems
Real Time Medical Systems is the industry-leading, KLAS Rated, and HITRUST Certified Interventional Analytics solution that turns post-acute EHR data into actionable insights. Serving healthcare organizations nationwide, Real Time improves clinical, operational, and financial outcomes by reducing hospital admissions, accurately managing reimbursements, detecting early signs of infectious disease, automating antibiotic surveillance, and advancing care coordination through post-acute data transparency.
About St. Joseph’s Health
Founded in 1867 by the Sisters of Charity of Saint Elizabeth, St. Joseph’s Health is a world-class hospital and healthcare network supported by more than 5,000 leading and renowned physicians, nurses and care teams. The health system operates a full continuum of care, including a regional tertiary care medical center (St. Joseph’s University Medical Center in Paterson), a state-designated children’s hospital (St. Joseph’s Children’s Hospital in Paterson), an acute care medical center (St. Joseph’s Wayne Medical Center in Wayne Township), a rehabilitation and long-term care facility (St. Joseph’s Healthcare & Rehab Center in Cedar Grove), a comprehensive home care program (Visiting Health Services of New Jersey), the St. Joseph’s Health Urgent Care in Clifton and multiple outpatient diagnostic and treatment centers throughout Northern New Jersey. For more information, please visit www.StJosephsHealth.org.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240515816567/en/
Real Time’s data-driven solution provides the ability to access live post-acute patient data across care settings, enabling clinical line of sight to manage both patient and population-level quality outcomes.
Contacts
Keri DeSalvo
SVP, Operations and Communications
keri.desalvo@realtimemed.com
