The Value Cycle
Your world has changed. So has Craneware.
WELCOME TO THE VALUE CYCLE
The new, value-driven healthcare market is reorienting around best outcomes for best cost, while margin remains the most essential metric for business performance. The old revenue cycle must evolve into a value cycle, encompassing the larger systems that not only drive billing performance and compliance, but operational efficiency and quality of care as well.
The value cycle: quality patient outcomes and optimal financial performance
Value Cycle describes the full life cycle of optimizing every opportunity to achieve the best outcome for the best cost. It includes traditional RCM components such as pricing, charge capture, claims performance and compliance, but also addresses additional dimensions, such as:
- Quality of care
- Patient satisfaction and engagement
- Clinical outcomes
- Operational efficiency
- Risk management
Craneware solutions help healthcare providers drive their value cycle through the discovery, conversion and optimization of their assets. The result is quality patient outcomes and optimal financial performance.
- Value discovery: Visibility and clarity in achieving optimal outcomes and performance on the value cycle.
- Value conversion: Actionable engagement in achieving the conversion of value cycle attributes into positive outcomes.
- Value optimization: Sustainability for optimal outcomes throughout the value cycle.