FINANCIAL RISK MANAGEMENT

Unlock the value of risk arrangements with data transparency

Healthcare providers are closest to those receiving care – informed with facts, physicians have the greatest opportunity to impact cost of care, quality of care and patient experience.

We provide a Management Services Organization (MSO) that can help simplify the business functions required in value-based payment models and set the foundation for sustainable growth.     

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CASE STUDY

Provider Organization with 5,000 Global-Risk Members

Increase timely referral determinations, improve claims payment accuracy and expand operational oversight with Conifer’s Financial Risk Management solutions

How We Helped:
  • Created a committee structure that facilitated better communication between the health plans, hospitals and physicians
  • Established a comprehensive concurrent review program including daily inpatient rounding
  • Implemented dashboard style reporting for better visibility into cost and utilization metrics

26.1

PERCENTAGE POINT INCREASE
IN TIER 1 FACILITY UTILIZATION

4.9%

DECREASE IN MEDICAL
EXPENSE RATIO

14.7%

REDUCTION IN ADMINISTRATIVE EXPENSE RATIO

Optimized Operations. Aligned Networks. Predictable Performance.

Our Financial Risk Management solutions implement a governance framework, technology ecosystem and knowledgeable team to oversee compliant, efficient and profitable clinically integrated networks.

Develop and retain an accountable care culture

Conifer Health’s Network Management solution creates a coordinated and accessible network focused on delivering value to your members, providers and health plan partners.

Our solution includes:
  • Financial modeling and contract negotiations to assess risk and ensure viability
  • Strategies to align provider compensation structures and quality-based incentives
  • Credentialing program that conforms to health plan and regulatory agency requirements
  • Cross-functional delegation oversight to comply with changing and complex regulations
  • Integrated web-based portal for self-service access to eligibility and quality measures
Streamline business services to focus on care delivery

Conifer Health’s Administrative Operations solution supports providers with the necessary technology infrastructure, management oversight and actionable insights to optimize claims expense and care patterns.

Our solution includes:
  • Coordination, reconciliation and verification of member eligibility
  • Configurations that increase accuracy and efficiencies in complex payment methodologies
  • Processes to prompt timely claims adjudication and payment integrity interventions
  • Integrated web-based portal to intuitively navigate authorization and claim status
  • Access to skilled customer service representatives to respond to provider inquiries
  • Routine reporting of key operational metrics by functional area
Standardize approach to managed care and prioritize quality programs

Conifer Health’s Clinical Operations solution partners with provider care teams to ensure members receive timely access to care, decisions are clinically-based and providers are equipped with tools to positively impact the quality of healthcare services.

Our solution includes:
  • Regulatory-compliant workflows informed evidence-based medicine guidelines
  • Utilization monitoring to identify provider-level variations and out-of-network drivers
  • Benchmarking to compare performance to best practices and peer organizations
  • Admission screening, discharge plan coordination and case summaries
  • Centralized systems developed to close gaps in care and manage transitions of care
  • Care pattern analysis to improve HCC coding and adhere to HEDIS measures
Develop and retain an accountable care culture

Conifer Health’s Network Management solution creates a coordinated and accessible network focused on delivering value to your members, providers and health plan partners.

Our solution includes:
  • Financial modeling and contract negotiations to assess risk and ensure viability
  • Strategies to align provider compensation structures and quality-based incentives
  • Credentialing program that conforms to health plan and regulatory agency requirements
  • Cross-functional delegation oversight to comply with changing and complex regulations
  • Integrated web-based portal for self-service access to eligibility and quality measures
Streamline business services to focus on care delivery

Conifer Health’s Administrative Operations solution supports providers with the necessary technology infrastructure, management oversight and actionable insights to optimize claims expense and care patterns.

Our solution includes:
  • Coordination, reconciliation and verification of member eligibility
  • Configurations that increase accuracy and efficiencies in complex payment methodologies
  • Processes to prompt timely claims adjudication and payment integrity interventions
  • Integrated web-based portal to intuitively navigate authorization and claim status
  • Access to skilled customer service representatives to respond to provider inquiries
  • Routine reporting of key operational metrics by functional area
Standardize approach to managed care and prioritize quality programs

Conifer Health’s Clinical Operations solution partners with provider care teams to ensure members receive timely access to care, decisions are clinically-based and providers are equipped with tools to positively impact the quality of healthcare services.

Our solution includes:
  • Regulatory-compliant workflows informed evidence-based medicine guidelines
  • Utilization monitoring to identify provider-level variations and out-of-network drivers
  • Benchmarking to compare performance to best practices and peer organizations
  • Admission screening, discharge plan coordination and case summaries
  • Centralized systems developed to close gaps in care and manage transitions of care
  • Care pattern analysis to improve HCC coding and adhere to HEDIS measures

Industry Insights and Perspectives

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