GETTYSBURG, PA--(Marketwired - July 12, 2016) - To date, 21 states plus the District of Columbia have gained approval for Medicaid state plan amendments to implement health home models. These models strive to provide individuals who have multiple chronic conditions with a person-centered approach to care that focuses on identifying and treating the individual's entire spectrum of health care needs. Federal incentives reduce the financial burden of states to implement health homes, but costs still remain. To varying levels, states must invest in the expansion of new service lines, reform their accounting systems to adopt risk-based payment models, purchase health information technology, revise care management approaches, and build links to community providers.
Missouri was the first state to take advantage of enhanced federal funding for the adoption of health homes. Its state Medicaid agency, MO Healthnet, received approval for two Medicaid state plan amendments to allow for community mental health centers (CMHCs), federally-qualified health centers (FQHCs), and some primary care providers to become health homes in 2012. The care management team model Missouri implemented has shown great success and has been a standard for other states opting into the Medicaid health home initiative.
An important tool for success used by Missouri's health home care management teams was an advanced data analytics tool. Having access to the claims data and using that data to inform and track individualized care management goals is essential to health homes. By utilizing their data effectively, Missouri health homes have drastically improved the quality of care received by individuals with serious and persistent mental illness (SPMI) and chronic conditions, while reducing costs.
Join our featured faculty for this exciting case study web briefing on July 26 at 2:00pm ET to hear an overview of the current health home landscape and the investments required by states, associations, and health homes to achieve a positive return-on-investment (ROI). Our faculty will also explore how the Missouri CMHC health home model was able save the state over $31 million in the first 12 months!
Featured faculty will include:
- Joe Parks, MD, Director of MO HealthNet
- Rachelle Glavin, Director of Clinical Operations at Missouri Coalition of Community Behavioral Healthcare
- Kim Yeagle, Integration Health Manager at Missouri Coalition of Community Behavioral Healthcare
- Brandon Danz, Senior Associate at OPEN MINDS
During this 90-minute event, attendees will:
- Hear an update on the current health home landscape
- Learn the investments required at the state, association, and CMHC health home level to achieve a successful ROI
- Understand the quality outcomes and cost savings of the Missouri CMHC health home model
- Find out what initiatives Missouri has planned to build on the success of its health home model
To learn more about this executive web briefing, or take advantage of free online registration, please visit: https://www.openminds.com/event/missouri-health-home-roi-case-study
All registrants will receive (at no charge and regardless of attendance) a recording of the webinar and an electronic copy of the presentation slides at its conclusion.
ABOUT Care Management Technologies
Powered by an unrivaled analytics warehouse and next-generation technology, CMT helps payer and provider organizations serving complex needs populations transform complex data -- behavioral and medical -- into actionable insights that improve care quality, clinical outcomes, patient safety, and organizational performance.
Care Management Technologies brings state-of-the-art population health management solutions to high-needs consumer groups with comorbid and multi-morbid health disorders and complex support needs. From meeting the goals of The Triple Aim, to meeting the standards of pay-for-performance contracts, CMT's innovative "behavioral health first" approach empowers the data-informed decision-making needed to go beyond standard care management and optimize the "value" of care. To learn more, visit: http://www.cmthealthcare.com/
ABOUT OPEN MINDS
OPEN MINDS is a national health and human service industry market intelligence firm. Founded in 1987 and based in Gettysburg, Pennsylvania, the 75+ associates provide innovative management solutions designed to improve operational and strategic performance. Learn more at www.openminds.com.