Client Success Story:
How Privia NT Reduced Referral Costs by
45% and Improved ACO +MIPS Outcomes
How Privia NT Reduced Referral Costs by 45% and Improved ACO +MIPS Outcomes
Privia Medical Group (North Texas), a 370-provider multi-specialty group, is dedicated to prioritizing quality patient care and is successfully serving 45,000+ attributed patients through its ACO. In 2019, Privia NT generated nearly $3 million in shared savings through its MSSP. While exploring how best to serve its patients and reduce costs through ongoing improvement, the group uncovered uniformity issues in referral processes and a lack of data and automation across multiple offices.
Implementing ReferralPoint’s cost/quality data insights and automation has allowed Privia NT to build their preferred specialist network, identify revenue opportunities and streamline their process. Outsourcing 3,500 referrals per month to ReferralPoint has helped alleviate the burden on their staff, reducing cost by 45%, errors by 95%, and time to close the referral loop by 5 days. To see the before and after, we’ve outlined the challenges, solution, and results.
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