Financial Benefits of Using Best Outcome Tool

Impelementation of PRO
Tired of penalties and missed opportunities to boost your hospital's revenue?
BestOutcomes, a healthcare platform focused on patient-reported outcomes (PROs), can help. By ensuring you meet mandatory reporting requirements and providing valuable data for improved patient care, BestOutcomes can deliver a financial benefit of over $5 million annually.
How BestOutcomes Saves You Money
  • Avoid Penalties: Hospitals that don't meet CMS reporting requirements for Total Hip Arthroplasty (THA) and Total Knee Arthroplasty (TKA) face a 25% reduction in annual payment updates. BestOutcomes helps you capture and report complete data, saving you from potentially losing millions of dollars.
  • Unlock Bonus Revenue: Compliance opens doors to participate in Medicare value-based programs, rewarding hospitals with bonus payments and higher reimbursement rates. BestOutcomes helps you qualify for this additional $2 million a year in potential revenue.
  • Reduce Administrative Costs: BestOutcomes automates data collection and reporting, potentially slashing your administrative burden by 20%, saving you an estimated $100,000 annually.
  • Beyond the Bottom Line: Better Care for Your Patients
BestOutcomes isn't just about finances. By focusing on PROs, it empowers you to:
  • Improve Patient Outcomes: By capturing patient-reported data, you gain valuable insights to improve patient satisfaction and recovery rates. You can identify areas for improvement in pain management, physical therapy, and overall patient experience.
  • Enhance Hospital Reputation: A focus on patient well-being translates to better patient experiences, potentially leading to a 10% increase in patient volume, generating an additional $2 million in revenue.
  • Strengthen Physician Relationships: Better data on patient progress allows for more informed decision-making by physicians, leading to improved patient outcomes and potentially reducing readmission rates.
  • Stay Ahead of the Curve: The healthcare landscape is constantly evolving, and an emphasis on value-based care is taking center stage. BestOutcomes positions your hospital for success in this new era by ensuring you meet current and future reporting requirements.
The BestOutcomes Advantage
In a nutshell, BestOutcomes offers a comprehensive solution that goes beyond simple compliance. It's an investment that:
  • Safeguards millions in potential revenue.
  • Streamlines operations and saves on administrative costs.
  • Enhances patient care and satisfaction.
  • Boosts your hospital's reputation and attracts new patients.
  • Strengthens physician relationships and improves clinical decision-making.
  • Prepares your hospital for the future of value-based care.
Ready to unlock the financial and healthcare benefits of BestOutcomes?
Contact us today to learn more about how our platform can empower your hospital to deliver exceptional care while maximizing your revenue potential.
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