By Lawrence McEvoy, M.D., CEO, Memorial Health System; Jonathan Velez, M.D., Chief Information Officer, Memorial Health System; and John Suits, Director of Business Development and Government Relations, Memorial Health System
Memorial fully accepts that Accountable Care Organizations (ACOs) represent the payment reform model for the future in health care, and we look forward to collaborating with our community physicians in embracing the concept. The tenets of the ACO model - patient-centered medical home, value-based purchasing, and a strong electronic health record - will redesign healthcare delivery systems as we know them. These innovative delivery systems will be part of the solution to existing cost and quality problems.
Electronic health records, in particular, are foundational for any effective ACO. This new level of connectivity among health care providers, patients and payers, alone, will help to drive cost out of the system by reducing repetitive services, enabling chronic disease management, and promoting wellness and prevention.
At the same time, we at Memorial realize the expense could not come at a worse time for struggling physicians.
Memorial Health System and Penrose-St. Francis Health Services, in light of the challenges our independent physician partners face, have been exploring the possibility of subsidies. Both health systems are participants in the Colorado Regional Health Information Organization, or CORHIO. While these conversations have not yet determined dollars and rules for such subsidies, the goal is to create the most comprehensive exchange for patient records in the most cost-effective way.
CORHIO is an information highway that connects medical providers across Colorado. While there are many ways for hospitals and physicians to connect, CORHIO seems to provide the most flexibility for providers who have different kinds of EMR systems. Hospitals and physicians invest in the connection, rather than a particular software that all must agree to use. This provides the most flexibility and choice for physicians and other organizations who have already invested in EMRs. Moreover, it allows greater access to records anywhere in Colorado, not just your local physician network.