Powerful analytics tools, collaboration and advisory services for accelerated performance improvement
Academic medical centers (AMCs) play a unique role in health care as they are the leaders in clinical research, specialized care, and training and education. They also face unique challenges in the volume-to-value health care shift. Rising costs, restrictions on government funding and new payment models are creating vulnerabilities for AMC faculty practice plans.
Align your clinical practice management strategy with a solution that will innovate your clinical and financial performance, improve quality and decrease cost of care by:
- Benchmarking against peer organizations on cost and utilization
- Managing clinical practice and revenue cycle performance
- Analyzing the impact from Medicare’s annual fee schedule
Innovate performance improvement
The Faculty Practice Solution Center® (FPSC), developed by the Association of American Medical Colleges (AAMC) and Vizient®, provides AMC faculty practice plans with powerful analytics tools, peer collaboration and advisory services.
The FPSC has been trusted by AMCs for nearly two decades. We offer solutions in three key areas:
Clinical performance
Our specialty-specific comparative benchmarking data for more than 140,000 physicians delivers invaluable insights to maximize clinical performance. Members can measure and manage clinical activity, monitor coding compliance, maximize charge capture, and track visit mix and optimize practice yield.
Revenue cycle performance
Manage clinical practice and revenue cycle performance with tools and analytics capabilities for an enhanced view of denials, collections, undercharges and revenue opportunities.
Collaborative intelligence
Peer networking and best practice sharing with more than 90 faculty practice organizations provides real-time information and relevant collaborative support. Many of these organizations participate in the Centers for Medicare & Medicaid Services’ physician quality programs — presenting prime opportunities for collaborative information sharing to improve performance.
Connect with us to learn how we can help drive your health care improvement opportunities.