Tag Archives: Reduce Costs

Ten Federally Qualified Health Centers Collaborate with State to Improve Health Outcomes, Reduce Cos

By Business Wirevia The Motley Fool

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Ten Federally Qualified Health Centers Collaborate with State to Improve Health Outcomes, Reduce Costs in Minnesota Medicaid Program

  • As part of the state’s innovative payment reform effort, FUHN will be responsible for meeting quality and cost benchmarks for about 22,000 Medicaid beneficiaries
  • Optum to provide analytical and predictive modeling capabilities, consulting expertise, and population health management specialists

ST. PAUL, Minn.–(BUSINESS WIRE)– Ten federally qualified health centers (FQHCs) in the Twin Cities area have formed a coalition to collaborate with the state to improve care and reduce costs for nearly 22,000 Medicaid beneficiaries in Minnesota.

Under terms of the contract with the Minnesota Department of Human Services (DHS), the Federally Qualified Health Center Urban Health Network (FUHN) will be responsible for meeting DHS-established quality and cost benchmarks for Medicaid patients, and will be eligible to share in cost-savings it achieves during a three-year contract period.

Known as an accountable care organization (ACO), the FUHN model – one of the nation’s first “safety net” ACOs – is one component in Minnesota’s Medicaid Health Care Delivery System (HCDS) demonstration project, a payment reform effort aimed at improving Medicaid outcomes and reducing costs by focusing on integrated and coordinated patient care.

To help achieve its goals, FUHN has partnered with Optum, an Eden Prairie-based health care services and technology company. FUHN and Optum have invested time and resources to develop a care coordination model that emphasizes population health management and increased patient engagement. The model relies on data analytics and the deployment of predictive modeling software, which Optum is providing to FUHN as a component of the collaboration.

“This contract represents a fundamental shift in our relationship with the state, and in our relationship with each other, to better serve Medicaid beneficiaries,” said Dr. Jaeson Fournier, chief executive officer of West Side Community Health Services in St. Paul and chairperson of FUHN. “These 10 FQHCs have come together as FUHN to deliver better, more integrated care to those we serve. Optum’s financial commitment to our project, its health care and Medicaid knowledge, and its technical expertise will support FUHN in achieving its goals of increasing patient satisfaction, improving patient health care outcomes, and reducing the total …read more

Source: FULL ARTICLE at DailyFinance

Skanska Selects Accenture to Implement Oracle Fusion Applications to Improve Business Operations, Re

By Business Wirevia The Motley Fool

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Skanska Selects Accenture to Implement Oracle Fusion Applications to Improve Business Operations, Reduce Costs

STOCKHOLM–(BUSINESS WIRE)– Accenture (NYS: ACN) has been awarded a framework agreement to deliver management consulting and technology application services to Skanska Sverige AB, the project development and construction group. Financial terms were not disclosed.

Through the three-year framework agreement, Accenture will work with Skanska to implement new Oracle Applications to support Skanska in human resources, finance and accounting, business analytics and operations. The program will support Skanska’s plans to deliver increased operational efficiencies, reduce technology costs and better manage the project portfolio.

The applications will be built on Oracle technology and include Oracle Fusion Applications, Oracle Fusion Middleware, the Oracle E-Business Suite 12.1 and Oracle Hyperion. Accenture will provide its Oracle Fusion Middleware accelerator, the Accenture Foundation Platform for Oracle, to jump start the build out of development environments for the project.

In addition to systems integration services for Oracle Fusion Applications and the Oracle E-Business Suite, Accenture will offer change management and end-user training services to support the implementation.

“By selecting Accenture we will have access to the skills and expertise necessary to meet the future information technology delivery requirements of our approximately 10,000 end users in Sweden,” said Charlotta Gren, Program Manager at Skanska. “Accenture has the relevant experience, the intellectual capital in terms of methods and procedures, operational expertise and resource capabilities, and brings a significant commitment to our success. We look forward to the common journey we have ahead of us.”

In a new report, Achieving High Performance in the Construction Industry, Accenture argues that construction companies seeking to take full advantage of the opportunities emerging from the growth in urbanization, globalization and infrastructure renewal will require new business approaches. Market-leading companies will need to learn how to better position themselves to manage the supply side and capture the increased demand.

Carl-Peter Thorwid, managing director of Accenture in Sweden, said: “Global construction companies need to be exceptionally agile, efficient and customer-focused to compete successfully with increasingly powerful emerging-market players and achieve high performance in the construction markets of the future. We are pleased to have been selected by Skanska to develop and implement one of the broadest Oracle Fusion Applications installations in the world. Skanska is among a growing cadre of Accenture clients interested in the design and implementation of SaaS and on-premise versions of Fusion Applications.”

…read more
Source: FULL ARTICLE at DailyFinance