Practice Transformation (PT) in healthcare refers to a systematic process of change within the operations of a medical institution. It is an evidence-based framework, defined by the Centers for Medicare & Medicaid (CMS) as “observable and measurable changes to practice behavior.”
The end goals of practice transformation are improved healthcare outcomes, better relationships between patients and providers, and preventative care based on the centering of the patient’s experience. It also involves an overhaul of the business and financial side of healthcare provision, implementing efficiency measures to eliminate waste, save costs, and intelligently allocate resources. This healthcare methodology is intended to get better healthcare results for every resource spent and is often called value-based, or precision care.
The drive toward value-based care has been a priority in the oncology sector for some years, thanks to initiatives and standards set by the federal government. In 2023, the established Oncology Care Model (OCM) of practice transformation is set to transition to Enhancing Oncology Model (EOM). Set to launch on July 1, 2023, this model focuses on patient-centered care, health equity, and financial efficiency while incorporating what was learned during OCM.
Developing such tools requires considerable research and expertise, but organizations that either require PT features built from the ground up or need to integrate additional technology to support PT in their EHR infrastructure can contract an experienced agency that specializes in tools to support oncology.
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Sources:
https://www.cms.gov/Medicare/Quality-Initiatives-Patient-Assessment-Instruments/QualityInitiativesGenInfo
https://www.healthcatalyst.com/insights/4-population-health-strategies-drive-improvement
https://www.cms.gov/newsroom/fact-sheets/enhancing-oncology-model
https://nachc.org/wp-content/uploads/2019/03/Risk-Stratification-Action-Guide-Mar-2019.pdf
https://www.ahrq.gov/ncepcr/care/coordination.html