Reid Health partnered with SullivanCotter to incorporate its detailed Provider Performance Management Technology (PPMT).
FREMONT, CA: Reid Health has collaborated with SullivanCotter to incorporate its detailed Provider Performance Management Technology (PPMT). SullivanCotter is the nation's top independent consulting organization in assessing and developing total rewards programs, workforce solutions, technology and data products for the health care industry and not-for-profit sector.
"Reid Health is a nationally recognized regional referral center in Richmond, Indiana, with a 200+ bed hospital and physician's network meeting health care needs in east central Indiana and west central Ohio. By leveraging PPMT™, an industry-first, cloud-based product that enables physician and advanced practice provider (APP) engagement through transparent performance-based compensation administration and analytical capabilities, the organization proactively enables physicians to review their productivity and compensation calculation details with insights into patients, visits, and performance. With PPMT's powerful heat map, we are able to drill down into our providers' productivity and identify those with potential capacity. This helps us uncover community outreach opportunities, enabling providers to increase patient access and boost productivity," said Amy Gowin, Director of Finance, Reid Health Physician Associates.
Along with providing increased transparency, PPMT™ has reduced compensation planning and administrative challenges by automating Reid Health's complex provider compensation contract calculations and notifications. With PPMT™, budgeted wRVUs are loaded into the system for use in compensation calculations and forecasting for the upcoming fiscal year. "PPMT provides Reid Health's physicians, like myself, a transparent view of my clinical work performance and how I will be compensated for it. It provides timely, accurate, and actionable data, and I appreciate the ability to see my data promptly," said Dr. Rohit Bawa, Chair, Network Operations Council, Reid Health Physician Associates. "Additionally, as a physician leader, the software enables clinician engagement through transparency of their performance".
PPMT, which is driven by Ntracts, offers four dynamic modules: Provider Performance Management, Provider Productivity Insights, Compensation Management Analytics, and Contract Lifecycle Management. Reid Health intends to employ every module to support its expanding network of providers, enabling a more unified approach to remuneration and performance management.
"We are excited about the operational efficiencies and physician trust and engagement gained by our clients. PPMT™ provides physicians, administration, and leadership with a single source of reliable compensation and performance information. We are thrilled to partner with Reid Health," said Shelly Slowiak, Director, Product Support, PPMT, SullivanCotter.