EMERYVILLE, CA--(Marketwire - Dec 5, 2011) - Berkeley Research Group's Health Analytics Practice and 3M Health Information Systems announced today that they will support academic medical centers and health systems with consulting services and software focused on clinical transformation, leveraging BRG's expertise in clinical economics and 3M's expertise in clinical classification.
BRG will conduct pilot consulting engagements at select organizations, focusing on improving quality of care and efficiency using 3M Potentially Preventable Complications Software (3M PPCs) and 3M Potentially Preventable Readmissions Software (3M PPRs), advanced patient classification systems that identify process and performance issues which can lead to avoidable post-admission complications or increased risk of patient readmissions.
Additionally, the BRG team will focus on evaluating episodes of care and bundling payments under Medicare's bundled payment initiative, as well as all-payer episode bundling using the 3M APR-DRG Classification System, 3M Enhanced Ambulatory Patient Groups (3M EAPGs), 3M PPCs, 3M PPRs, and 3M Clinical Risk Groups, a risk adjustment tool. BRG and 3M will also help academic medical centers and health systems identify opportunities to reduce potentially avoidable utilization and costs for inpatient, emergency room, and ancillary services.
"BRG is excited to have this opportunity to work hand in hand with 3M. Historically, our team has been among the first to utilize 3M patient classification tools and we look forward to working together in helping academic medical centers, health systems, and health plans achieve performance improvement," said Michael Stitcher, BRG Health Analytics Practice director.
"We will be able to leverage 3M's classification expertise and risk adjustment methodologies to better inform our consulting engagements, which are working to transform some of the most forward-thinking academic medical centers in the nation," added BRG Health Analytics Practice director Donna Kinzer.
"Helping healthcare organizations succeed in an ever-changing reform and regulatory environment is a high priority for both the BRG team and 3M, as it has been throughout our long-standing relationship," said Sandeep Wadhwa, MD, Chief Medical Officer for 3M Health Information Systems. "Our combined resources will help facilities improve care efficiency, while identifying opportunities to promote patient health and safety."
About Berkeley Research Group, LLC
Berkeley Research Group, LLC is a leading global expert services and consulting firm that provides authoritative studies, strategic advice, data analytics, regulatory and dispute support to Fortune 500 corporations, government agencies, major law firms, and regulatory bodies around the world. BRG experts and consultants combine intellectual rigor with practical, real-world experience and an in-depth understanding of industries and markets. Their expertise spans economics and finance, data analytics and statistics, and public policy in many of the major sectors of our economy including health care, finance, banking, information technology, energy, construction, and real estate. BRG is headquartered in Emeryville, CA, with 19 offices in the United States and London, UK.
BRG's Health Analytics practice provides clients with extensive health care industry expertise combined with data-driven, objective, and innovative solutions to their most complex problems. We have specialized and dedicated experience in health care policy, finance, care delivery and clinical economics, reimbursement, regulatory compliance, health data and data management, as well as investigations, litigation, and dispute resolution. Our team includes professionals with advanced degrees and certifications including PhDs, MBAs, CPAs, and CFEs, who have backgrounds in health care economics, information technology, management and administration, finance, accounting, government regulation and enforcement, and academia. Visit www.brg-expert.com.
About 3M Health Information Systems
3M Health Information Systems offers patient classification and grouping solutions that categorize clinical services for measurement of inpatient, outpatient and population care. These solutions are widely used by healthcare providers and health services researchers to evaluate hospital performance and outcomes. Federal and state agencies and private payers have adopted 3M classification methodologies for reimbursement and public reporting.
Best known for its market-leading coding system and ICD-10 expertise, 3M Health Information Systems delivers innovative software and consulting services designed to raise the bar for clinical documentation improvement, computer-assisted coding, mobile physician applications, case mix and quality outcomes reporting, and document management. 3M's robust healthcare data dictionary and terminology services also support the expansion and accuracy of the electronic health record (EHR) system. With nearly 30 years of healthcare industry experience and the know-how of more than 100 credentialed 3M coding experts, 3M is the go-to partner for more than 5,000 hospitals worldwide that want to improve quality and financial performance. Visit www.3MHIS.com.
Contact Information:
Contact:
Mary Xjimenez
Berkeley Research Group, LLC
510.285.3287