10 Benefits of a Clinically Integrated Network
10 Benefits of a Clinically Integrated Network
What is a clinically integrated network?
A Clinically Integrated Network (CIN) is a separate legal entity, oftentimes set up by a sponsoring hospital or system. This allows savings to be distributed to participating providers who have contributed to the result. The physicians and advanced practice providers are taught to identify and manage patients who are high cost, and then how to reduce the cost while improving the outcomes.
10 Benefits of a Clinically Integrated Network (CIN)
1A clinically integrated network will save millions of dollars on your healthcare spend for your employees and dependents and do it year after year.2CINs provide an organizational “North Star”. They align leadership and the clinicians with the metrics of risk based contracts.3The savings from a clinically integrated network are distributed to the participating providers, binding them to the system like never before.4CINs introduce the System Leadership and the Clinicians to the financial successes of Fee-for-Value.5The patients save money and realized better clinical outcomes with a clinically integrated network.
6A clinically integrated system is prepared for risk based contracts.7Employed and ‘not employed but affiliated’ medical staff of CINs are treated equally financially when distributions are made.8Clinical integration makes your IT systems more useful and seamless.9Clinically integrated networks increase market share because of the new found efficiencies.10CINs Identify high cost and soon to be high cost patients.