Top Technology Tools for Tracking Value Based Care Metrics
In the shift toward value-based care (VBC), hospital administrators need accurate, real-time insights into performance. Tracking metrics like readmission rates, patient satisfaction, and cost of care is essential for meeting quality benchmarks and securing incentive payments.
Technology is the backbone of this process — without the right tools, even the best care improvement strategies can fail. Below are the top technology solutions hospital leaders should consider for effectively monitoring and improving VBC performance.
1. Electronic Health Record (EHR) Platforms with Analytics Integration
Modern EHR systems are more than just digital patient charts — they can track, aggregate, and analyze performance data across care settings. Look for platforms that:
- Offer built-in quality reporting dashboards
- Integrate with claims data for cost tracking
- Provide population health management tools
- Enable predictive analytics for high-risk patient identification
Examples: Epic Systems, Cerner Millennium, MEDITECH Expanse
2. Population Health Management (PHM) Solutions
PHM platforms help administrators track health outcomes across defined patient populations. These tools:
- Identify care gaps through risk stratification
- Monitor preventive care compliance
- Support chronic disease management programs
- Integrate social determinants of health (SDOH) data
Examples: Innovaccer, Philips Wellcentive, Enli Health Intelligence
3. Data Analytics and Business Intelligence (BI) Platforms
Advanced analytics platforms make it possible to transform raw data into actionable insights. For VBC success, look for BI tools that:
- Pull data from EHRs, claims, and operational systems
- Visualize trends in key metrics like re-admissions and length of stay
- Allow drill-down into department- or provider-level performance
- Automate reporting for payer requirements
Examples: Tableau, Microsoft Power BI, Qlik Sense
4. Patient Engagement & Experience Platforms
Patient satisfaction scores are a major VBC metric. Dedicated patient engagement tools can:
- Collect real-time patient feedback
- Send appointment reminders and educational materials
- Support two-way communication between patients and care teams
- Track adherence to care plans
Examples: Press Ganey, NRC Health, GetWellNetwork
5. Remote Patient Monitoring (RPM) Devices and Platforms
RPM tools improve chronic disease management and reduce avoidable re-admissions by:
- Monitoring vital signs in real time
- Alerting care teams to concerning changes
- Supporting at-home recovery after discharge
- Integrating data directly into EHRs
Examples: Biofourmis, ResMed, Omron RPM solutions
6. Interoperability & Health Information Exchange (HIE) Tools
To get a complete view of patient care, hospitals must integrate data across multiple providers and facilities. HIE tools:
- Enable secure, HIPAA-compliant data sharing
- Support continuity of care across the patient journey
- Reduce duplicate testing and improve efficiency
Examples: Health Gorilla, Carequality, CommonWell Health Alliance
7. Predictive Analytics for Risk Management
Predictive modeling can help administrators anticipate issues before they occur. These tools:
- Forecast readmission risk
- Predict emergency department utilization
- Highlight potential gaps in care
- Assist in proactive intervention strategies
Examples: Jvion, Health Catalyst, KenSci
The Bottom Line: Value Based Care Metrics
For hospital administrators, technology is no longer optional in a value-based care environment — it’s a strategic necessity. The right combination of EHR analytics, population health tools, patient engagement platforms, and predictive modeling can help track metrics, improve care quality, and secure financial success in VBC arrangements.