2 Background Presentation to Joe Smith Physician & Entrepreneur 3 SethMD Guterman FACEP EMERGENCY CARE PHYSICIAN SERVICES Board Certified EM Physician Staffing Board-Certified, Clinically-Practicing Emergency Medicine Physician Hospital turnaround expert whose process improvement expertise focuses on Risk Management, Government Compliance, and Enhanced Workflow Strategies Presentation to Joe Smith EMPOWER SYSTEMS ONC Certified Comprehensive Electronic Health Record PEOPLE’S CHOICE HOSPITAL Hospital Acquisition and Management Experts 4 Presentation to Joe Smith 5 EHR Why EHR Stills Needs Huge Improvement, Why 95% of Hospitals are Partial Paper and How to Address It Presentation to Joe Smith 6 SPEED Doctors and Nurses require EHRs that will enable them to document as fast, if not faster, than on paper. INTEGRATION Disparate systems that do no efficiently share realtime information dictate users to wait for information or revert to old workflow patterns. DESIGN EHR products built without direct involvement of Doctors and Nurses will not fully meet their needs. Presentation to Joe Smith 7 Requirements Presentation to Joe Smith For Comprehensive EHR Adoption & Acceptance 8 Requirements for Adoption & Acceptance o Workflow should not Change o Clinical process enhanced; not altered. o Simplicity of User Experience (Navigation) o Limited mouse clicks and fewer layers of pages/content. o Easy Trending & Filtering of Data o Saves time for end users. o Centralized Information o All notes, clinical and ancillary, should be stored in a single location o Complete Medical Record o Social, family and past medical histories of each patient, home medications, allergies, and previous visits. o Easy Physician (CPOE) Orders o Avoids workflow delays and unsigned orders. Presentation to Joe Smith 9 Benchmarks Presentation to Joe Smith For Successful EHR Implementation & Adoption 10 Benchmarks for Success 1. Define the Scope of the Project i. Implementation of User-Friendly Software ii. Standard of Care for Documentation to be Better than or Equal to the Handwritten Medical Chart iii. Implementation of 1 Hospital Unit at a Time Presentation to Joe Smith 11 Benchmarks for Success 2. Outcome Measurements i. Ease of Use for Physicians and Nurses: Measure Training Time ii. Evaluate Hospital Staff Productivity Computer vs. Paper 1. Average Time for a Nurse to Execute Physician Order 2. Average Patient Length of Stay in the Hospital 3. Number of Hospital Coded Charts per Coding Staff iii. Compliance with Joint Commission Core Measures iv. Present on Admission – CMS Requirements v. Track the Number of MD Delinquent Charts / Summary Suspension from Medical Staff vi. MD, RN, Clinical and CODING Staff Subjective Surveys Presentation to Joe Smith 12 Benchmarks for Success PHASE 1 1. Getting Doctors and Nurses “Off Paper” and on to Documentation Software (a Clinical Electronic Pen) for Clinical Documentation 2. CPOE-Computerized Physician Order Entry 1. 100% Compliance with Joint Commission Core Measures 2. 100% Compliance with Medical Necessity 3. ADT & Diagnostic Results Integration with Core HIS 4. CPOE integration between EHR & Core HIS 5. Physician Clinical Decision Support Software 6. Provide a Medical Record that is Legible 7. Pharmacy and eMAR Integration Presentation to Joe Smith 13 Benchmarks for Success PHASE 2 1. CPOE integration between EHR & Core HIS 2. Discharge Instructions 3. Vital Signs Monitoring & Smart Bed Integration Presentation to Joe Smith 14 Benchmarks for Success PHASE 3 1. Bedside Pharmacy Scanning Devices 2. Value-Added Risk Management Features (Coding, Charge Capture, etc.) 3. Paperless Hospital InPatient Units Presentation to Joe Smith 15 Benchmarks for Success PHASE 4 1. Physician and Nurse Leadership lead Clinical Care Integration 2. Work Flow Experts (Documentation & Flow of Information) 3. Software Implementation 4. Interface Engines Development and Deployment 5. Crisis Managers for Clinical Documentation Presentation to Joe Smith 16 EHR + HIS Technology Presentation to Joe Smith Crucial to the Success of 21st Century Healthcare 17 Cloud-Based EHR+HIS Solutions EmpowerSystems™ Presentation to Joe Smith 18 SECURE INTEGRATED EFFICIENT Connectivity for All Users from Any Location Across all Empower EHR and HIS Products Deployment within Days of Contract Signing Presentation to Joe Smith 19 Empower EHR + HIS Solutions 19 • • • • • • • • • • ONC Certified Inpatient, Ambulatory, ED Systems Registration System Hospital Scheduling Revenue Cycle Management Laboratory Information System Radiology Information System Pharmacy Information System Surgical Suite Management System Health Information Exchange Patient Portal Presentation to Joe Smith 20 Telemedicine by PCH Presentation to Joe Smith 21 Telemedicine by PCH 21 • People’s Choice Hospital leverages cutting-edge Telemedicine solutions • In conjunction with EmpowerSystems™ ONC Certified Comprehensive EHR and Advanced Core HIS solutions • To immediately provide Rural and Inner City hospitals with access to leading medical professionals, regardless of geographic limitations Presentation to Joe Smith 22 A National Telemedicine Hub Presentation to Joe Smith 23 Hospital Landscape Presentation to Joe Smith Successful EHR / HIS Deployment Crucial to Survival 24 Hospital Financial Landscape Bankrupt or Liquidating 37% Break-Even 38% Profitable 25% Presentation to Joe Smith 25 Affordable Care Act 30 Million Insured Underinsured 25% 45% Previously Uninsured / Self-Pay Patients to Infuse Massive Volume-Based Revenue Self Pay 30% Presentation to Joe Smith 26 Increased Healthcare Needs of Baby Boomers 65+ Population represents massive volume increase in marketplace. 78 Million Presentation to Joe Smith 27 Presentation to Joe Smith 28 30 1 2 Million Americans to be fully insured via Affordable Care Act 78 Million Baby Boomers turning 65 years old A Perfect Storm 75% 4 of Hospitals facing Financial Hardship Presentation to Joe Smith $ 3 149 $ Billion for Healthcare Spending under ARRA/HITECH 2009 “The Carrot & Stick” 29 Opportunity Presentation to Joe Smith To Restore Struggling Hospitals to Positions of Strength in their Communities 30 Methodology IDENTIFY ASSESS DEVELOP DELIVER The Needs of the Hospital and Its Community The Financial and Operational Realities of the Facility A Viable Financial & Operational Model for Success Experienced Clinical, Technical, and Operational Teams Presentation to Joe Smith 31 Road Map Presentation to Joe Smith To Enhanced Revenue Streams and Turnaround Success for Hospitals and Communities 32 ROADMAP Enhance Clinical Revenue Admissions, Tests, Procedures TO TURNAROUND SUCCESS Enhance Operations Resource Allocation, Billing/Coding, Government Incentive Programs Leverage Talent Local, Regional, National Presentation to Joe Smith 33 Competitive Advantage Presentation to Joe Smith Why PCH is Unique 34 Disparate Competitors PHYSICIAN STAFFING COMPANIES Clinical Skill, but Not Operations HOSPITAL ACQUISITION GROUPS MBA / M&A Viewpoint EHR / HIS COMPETITORS Technical Tools, but No Operational Experience Presentation to Joe Smith 35 Competitive Advantage PCH Able to Leverage Strategic Components Not Duplicated by Potential Competitors Physician Access National Telemedicine Hub with Access to On-Site Physician Specialist Network Proprietary Technology One Patient. One Chart. One Database. Advanced EHR & HIS Technology Operational Expertise Presentation to Joe Smith Proven experience in operating and supporting distressed hospitals 36 Process Presentation to Joe Smith Turnaround Strategies for Bankrupt Hospitals 37 37 Process o Identify bankrupt hospital turnaround opportunities o Enact Loan to Own strategies utilizing Secured Debt Purchases o Establish operational control of the facility with approved Management Agreement o Deploy Advanced EHR / HIS Technology o Increase hospital revenue streams o Exit bankruptcy protection once hospital mismanagement and bad contracts have been resolved Presentation to Joe Smith 38 Proof of Concept Presentation to Joe Smith Cochise Regional Hospital Douglas, AZ 39 Presentation to Joe Smith 40 Proof of Concept Timeline Opportunity Identified Mgt Contract Submitted April 2013 June 2013 Negotiation of Debt Purchase Completion of Debt Purchase EHR / HIS Contracts Executed EHR / HIS Systems Installed May 2013 May 2013 July 2013 July 2013 Presentation to Joe Smith 41 Proof of Concept Timeline Mgt Contract Approved Legal Proceeding Conclusion August 2013 Jan 2014 Operational Control of Facility Strategic Action Taken at Facility Telemedicine & MD Access Launch Marketing & Brand Revision Active Review of Budget, Finances, Staff, Resources Policies, Procedures, Budget Cuts Enacted Jan 2014 Jan 2014 Aug 2013-Present Aug 2013-Present Presentation to Joe Smith 42 Reach Us At Our Corporate Offices 2000 Spring Road Suite 200 Oak Brook, IL 60523 305-766-3245 (phone) 312-276-8116 (fax) www.PeoplesChoiceHospital.com contact@PeoplesChoiceHospital.com Presentation to Joe Smith