Six Critical Reasons for Using a Strategic Patient Registry
Solution.
by, George Ritacco
Beginning with the creation of the Tumor
Registry 40 years ago, patient registries have been a
traditional method of tracking patients and providing
information to support your contact efforts with those
patients. In the last couple of years, however, organizations
have discovered tremendous potential for registries... as they
help to support business decisions as well. Although there are
many benefits and justifications for leveraging a patient
registry program in your organization, 6 reasons stand out when
it comes to providing greater effectiveness, quality and
streamlined efficiency in clinical and pharmaceutical
organizations.
Basic and Traditional
Uses
Registries are primarily used to collect, store and report on
patients identified with specific conditions... to help support
clinical care efficiencies. Several types of organizations use
patient registries for various other purposes. These include
primary care physicians, specialty clinics, mobile clinics,
health plans, pharmaceutical manufacturers and distributors and
healthcare authorities.
There are three critical clinical patient management
processes that benefit when a registry is in
place:
 |
Population patterns, trends analysis and outcomes
management |
 |
Patient consultation support |
 |
Patient reminder support |
Population
patterns, trends analysis and outcomes
management
Help to identify what’s going on in a specific area. For
example, an HIV clinician can use information and diagnosis and
treatments across the entire population to see if, for
instance, certain medications are having a positive effect on
patients. A Diabetes clinician can determine if diets are
having an equally positive effect, etc., Using demographic
factors, they can see the impact on certain population sectors,
etc.,
Patient
consultation support
By using a registry, physicians can set up automatic timelines
and schedules to help with consultation and direction to a
patient. When the patient follows the medical regimen and shows
improvement, this will show up in timelines produced from the
registry information and statistics, making disease management
much more productive.
Patient
reminder support
Frequency of focused visits has a positive effect and
correlation on a patient’s health status. Automatic reminder
support and frequency of visits help to impede or head off more
serious (and potentially more costly) problems for the patient.
Studies show that health plans are particularly interested in
this type of use of patient registries for their
cost-controlling value.
Through the clinical setting you are able to support business
decisions, develop business plans and evaluate business
performance. Here are some examples:
 |
Ability to anticipate patient activity, what care
will they need and the effect on your revenue |
 |
Ability to anticipate the resources needed to
provide that care |
 |
Ability to improve the efficiency of your
operation |
 |
Ability to promote your strengths in providing care
for marketing purposes |
 |
Ability to help support overall decision making
that have a long-term, strategic impact on your
organization's goals |
Again, these are some of the more
important “clinical” reasons for why a registry is an effective
tool for disease management. For the Biotechnology or
Pharmaceutical organization, there are, however, important
business implications for having a registry and they are all
geared towards empowering an organization with powerful and
insightful business intelligence.
The difference that Business Intelligence makes, first and
foremost is the ability to obtain consolidated data from
various sources - rapidly and efficiently and the use of that
data in making business decisions. A strategic registry program
empowers you to collect demographic, observational and
treatment data from across many different clinical sites and
institutions in real-time, into a centralized, secure, HIPAA
compliant repository. This in turn allows your organization to
make stronger, more effective, more efficient and more
realistic decisions that also empower your participating
physicians to provide care with ever-increasing quality.
To that point... here are the 6 reasons why a strategic
registry program would have enormous impact on your
organizational and business objectives:
1. Predicting future
revenues
Healthcare is a business. We can’t avoid that “truth”. As such,
organizations need access to immediate and actionable
information to help run its operations effectively. With a
registry - delivering solid historical information on
patients... allows you to predict with greater accuracy what
the revenue will be in the future. Again, it all comes down to
being able to rapidly collect data that in turn can provide you
with immediate, actionable insight. Also, with a strategic
registry in place, you can begin to collect data that could
potentially foster third-party reimbursement, which in turn
helps all parties involved (the patient, the clinician and your
organization).
2. Predicting future
costs
The antithesis of revenue... same logic applies - it’s all in
the data.
3. Efficiency
Since quality, effectiveness and efficiency in healthcare has
come into the spotlight over the past decade, it seems as if
every participant in the industry (physicians, pharmaceutical
& bio-tech companies, employers, payers, patients,
government officials, etc.) is demanding evidence of
improvement. Information, or business evidence on the patients
you serve, the care activities you provide (and those you
don’t), is necessary to find and correct inefficiencies, and to
support reporting of your efficiency to these other
participants in the field. Your patient registry is a rich
source of this information, and allows you to attack and remedy
situations... proactively.
4. Marketing
Support
Sophisticated patient registries are often used for marketing
purposes by a number of organizations in the clinical
healthcare industry. As market research is a key component and
“driver” for many business related activities, having a
streamlined way to obtain that research is critical to your
success. The faster you can analyze your data, the more
streamlined your understanding becomes of your market. The
reasons are very clear for having a system to support your
marketing efforts:
 |
Understanding how your drug is impacting the
marketplace |
 |
Understanding how your competition is impacting the
marketplace |
 |
Building trust and loyalty amongst prescribing
physicians |
 |
Creating a community around your product |
 |
Help to drive demand |
5. Strategic Priorities
Guidance
Again, it’s in the data - your patient population trends and
patterns can have a strategic impact on your organizational
planning. Emphasis on certain product lines, facilities, new
markets, etc., can all change based on the rapid collection,
analysis and dissemination of your data. You need to make use
of all of the important key data points and intelligence to
determine your priorities for today and beyond.
6. Save Money
I saved this one for last, but I think from a business
perspective it can have the most impact. Through the many
facets and reasons as to why you can benefit from a strategic
patient registry - it is clear that productivity and
effectiveness are huge drivers to your success. To that point,
having a secure, web-based, HIPAA compliant system in place to
coordinate your data collection and automate your analysis
saves you money. Sure you can create a patient registry using
an excel spreadsheet (not recommended for complex data capture
and analysis), and you can simply choose to do it manually or
hire an expensive market research company to help. However,
nothing can replace the efficiency and cost-effectiveness of a
custom system designed specifically for your exact initiatives
and needs.
If you are looking for more reasons to build your case for
implementing a strategic patient registry program within your
organization, I welcome you to visit
www.strategicpatientregistry.com where you will find
information on how to develop a solid program, to training
physicians, to product rollout, clinical data capture and
marketing tips and techniques.
Thank you for reading this
article.
|
George Ritacco is the
Director of Client Services for Global Vision
Technologies, Inc (GVT).,
http://www.globalvisiontech.com a premiere
software developer specializing in powerful,
easy-to-use Internet systems for secure, HIPAA
compliant patient registries and clinical data
capture systems
http://www.strategicpatientregistry.com,
pharmaceutical data mining and sales &
marketing intelligence. GVT’s primary goal is
to provide our customers with tools for
improving productivity, profitability, employee
morale and turnover.
You have full permission
to reprint this article within your website or
newsletter as long as you leave the article
fully intact and include the "About The Author"
resource box. Thanks! :-)
|
Back to
Top
|