Qualifacts Systems, Inc. today announced that it has secured a majority investment from Great Hill Partners, a Boston-based private equity firm with more than $3 billion under management. The recapitalization, which was led by Great Hill Partners and existing Qualifacts management, will allow the company to accelerate product development and continue growth. The investment will also help the company identify strategic partnership and acquisition opportunities.
“Qualifacts has emerged as a recognized leader in behavioral health software, but there’s more we want to do to ensure that our customers are successful for the long-term,” said David Klements, President & CEO of Qualifacts. “To help us maximize our full potential, Qualifacts management wanted a financial partner with the right experience and resources. Great Hill was a perfect fit and we’ve already hit the ground running.”
In the past five years, Qualifacts has grown its customer base by 1,000% and workforce by 650%, repeatedly earning the company a place among the Inc. 5000 as one of the fastest growing private companies in America. The company’s single platform EHR, CareLogic Enterprise, supports more than 50,000 behavioral health professionals in 30 states and has supported the delivery of more than 20 million services to one million consumers within the past year.
“We are delighted to partner with David and the entire Qualifacts team,” said Mark Taber, a Managing Partner with Great Hill Partners. “Qualifacts offers a unique and powerful platform for behavioral health organizations to drive operational efficiencies, improve access to patient information, and quickly adapt to changing billing and compliance regulations.”
The investment will accelerate existing product initiatives which support the healthcare reform needs of behavioral healthcare providers. These include demonstrating clinical outcomes, coordinating care with other healthcare systems, delivering integrated primary care services alongside behavioral healthcare and efficiently handling new payment models.
Rafael Cofiño, a Principal with Great Hill Partners, added, “We believe Qualifacts has tremendous growth potential as behavioral health providers seek ways to manage increasing patient volume along with highly dynamic state and federal funding requirements.” Great Hill Partner’s prior healthcare technology investments include bswift, Passport Health Communications and SterilMed.
About Great Hill Partners
Great Hill Partners is a Boston-based private equity firm that manages more than $3 billion in capital to finance the expansion, recapitalization or acquisition of growth companies in a wide range of sectors within the business and consumer services, healthcare, media, communications and software industries. Great Hill targets investments of $25 million to $150 million.
For more information, please see www.greathillpartners.com.
Recently, Generations/Gaither, a behavioral health service provider and Qualifacts customer, needed to build a particular report in Qualifacts’ report building system and wanted to learn more about the report building process. To address Generations’ reporting needs, a personalized one-on-one training was arranged through a statement of work.
Being so closely located to Qualifacts’ Nashville headquarters, we arranged for Generations to visit our office for the training day. Upon arrival Wayne Greer, Executive VP of Generations/Gaither’s Group, met one-on-one with Qualifacts’ reporting subject matter expert and gained invaluable answers to the questions hindering Generations’ essential reporting abilities.
The training day was tailored to target Generations’ specific needs and included discussion topics around methods of accomplishing a report detail and applying rules, and processes to accomplish reporting goals. In addition to tons of learning, the training also included a bit of fun and laughter for good measure.
Wayne ended the day with a fully functional report that he personally created and completed, and stated that the one-on-one training was well worth his time.
“Being able to sit down with Qualifacts staff in-person, I believe we were able to accomplish, in a very short time, work that would have taken much longer if we had tried to work over any kind of distance medium. Indeed, when I submitted the original request to have my report written, the estimated time to complete the report was 25 hours. Working together in person, we were able to complete the report in about 4 to 5 hours and spend additional time in general training. It was also nice to be able to see where the support staff worked and to meet the folks that I have been working with over the phone. It was a very productive and pleasant visit.”
- Wayne Greer, Executive Vice President of Generations/Gaither’s Group and Qualifacts Customer
As a leading SaaS provider, Qualifacts is constantly driving innovation and employing user informed data to build solutions to complex healthcare reform needs. One example of this is our recently launched pilot project; through which, the Qualifacts team is encouraging organizations to play a greater role in future improvements to CareLogic IMPACT, our fully integrated outcomes management tool. The project will help leverage comprehensive benchmarking data to gain insight into several key areas including unmet implementation needs, access to outcomes data and much more.
The project includes ten participating organizations and will focus on:
- Monitoring the implementation and use of CareLogic IMPACT in order to better identify strengths and opportunities for improvement
- Developing and piloting a benchmarking process that is scalable for the entire CareLogic IMPACT system
- Evaluating outcomes linked to CareLogic IMPACT for each participating organization
We look forward to sharing the project results with the CareLogic IMPACT family shortly and applying these findings to further streamline clinical outcomes measurement.
Want to learn more about the pilot project and CareLogic IMPACT? Contact Christy Winter for more information.
As a promise to close the gap between the treatment of our bodies and our minds, Integrated Care seeks to standardize the collaboration of behavioral health and primary care providers. The Substance Abuse and Mental Health Services Administration (SAMHSA) and the National Council for Behavioral Health, along with other leading behavioral health authorities, now suggest that integrated care “produces the best outcomes and is the most effective approach to caring for people with complex healthcare needs.”
Many behavioral health professionals are familiar with the importance of a better integrated healthcare model, but are struggling with the idea of creating a culture of collaboration that would enable a provider to participate in integrated care and therefore, holistically improve the lives and well-being of the clients they serve.
We must remember that, clinicians, social workers, counselors and other human service providers do not enter the behavioral health field because they love collaborative data sharing. They work in this field, because they are passionate about people. People who are too often stigmatized for the behavioral health challenges that they face everyday. To this extent, your staff’s passion and dedication are your greatest assets for truly adopting a culture of collaboration which serves as the backbone of integrated care. You can tap into this passion and use it to help facilitate the cultural shift needed to begin to tackle integrated care head-on by focusing on:
- Internal Education
Ensure that your passionate staff members are fully informed on the importance of systemic integration. This is absolutely key to fostering a culture of collaboration, and internally building momentum and enthusiasm for integrated care.
- Investment Creation
Foster a sense of investment by specifically identifying for staff members the direct link between their day-to-day tasks and care goals, and the vision of integrated care best suited for your agency.
- Champion Recruitment
Often undervalued, is the active transformation of passionate staff members into champions of change internally. The impact of fellow staff members championing the cultural changes required to reinforce the value of integrated care and the role of knowledge sharing in supporting the overall mission of your practice should never be underestimated.
Once your staff understands the direct connection between the work they do and the role of integrated care in improving that work and the overall wellness of their clients, they will create a tangible investment in collaborative culture and become champions of care integration.
2014, marks a pivotal year for behavioral health providers to decide where they fit within the service delivery models of healthcare reform and along the integrated care spectrum, decisions that internal champions of change and a culture of collaboration can help guide. If agencies do not determine where they fit within the future of healthcare, it will be decided for them and with quality of service delivery increasingly tied to reimbursement in the form of pay for performance contracts, the stakes are too high to ignore.
By engaging passionate staff members and encouraging a culture of collaboration we can use integrated care to change the healthcare landscape, offer a higher standard of “customer” service and improve the link between the treatment of mind and body.
Mary Givens is a leading expert on healthcare reform, integrated care and meaningful use. She serves as the Product Manager of Healthcare Reform at Qualifacts Systems Inc. and is the primary contributor for the blog MUforBH, a comprehensive healthcare reform knowledge base for behavioral health professionals.
Who loves audits? We love audits! Why, you ask? Because with CareLogic you never have to fear losing The Golden Thread.
What is The Golden Thread, you ask? Well, let’s discuss….
Most auditors, either from accreditation committees or insurance, want to see documentation that the services you are providing are medically necessary. An example of “not-so-medically necessary” is as follows…
Jane Client is diagnosed with Anxiety Disorder, NOS and has a Treatment Plan that notes goals such as “Attend medication assessment appointment to determine efficacy for hyperactivity.”
Here’s an example of medical necessity…
Christina Client is diagnosed with Dysthymia and has goals such as “Increase satisfaction with quality of life.”
So what can CareLogic do to help you maintain The Golden Thread? CareLogic has a core set of modules; Treatment Diagnosis, Problems, Goals, and Objectives, and the Goals Addressed Module. They all interconnect in the background to ensure that clinicians document and provide effective care. (Note: They cannot make anyone provide effective care, but they can help maintain the guidelines). Once the Treatment Diagnosis is completed and signed, this then limits the choices available for the Problems, Goals, and Objectives. Which makes sense. If you notice the goals that you and your client are looking for are not showing, perhaps the diagnosis needs to be revisited. The structure of the Problems, Goals, and Objectives allows the client to sit with the clinician and choose which items are relevant to what they want to see happen.
And moving onto the Goals Addressed module. Throw this little fella into your therapeutic progress note, and never have to worry again about not including goals, objectives, and interventions into the progress note.
It is almost as if we have made the auditor’s job irrelevant.
Ok, great, so how does this all relate to Meaningful Use, you ask? Well, the government wants to know that you are using your EHR platform to provide the best care possible for your clients. Using the modules mentioned to meet The Golden Thread gets you that much closer to providing a higher level of care as well as making the government happy when they send you that big ol’ check.
On May 20, 2014 CMS and ONC released a notice of proposed rulemaking (NPRM) that would allow providers participating in the EHR Incentive Programs to use the 2011 Edition of certified electronic health record technology (CEHRT) or a combination of 2011 and 2014 CEHRT to Meet the Measures for calendar year and fiscal year 2014.
The proposed rule (if approved) will “change the meaningful use stage timeline and the definition of certified electronic health record technology (CEHRT). It would also change the requirements for the reporting of clinical quality measures for 2014.”
The Center for Medicaid and Medicare Services is accepting comments on this proposed rule up to 60 days after the file date which was May 20, 2014. The addresses for submitting comments are listed within the proposed rule found here.
If this proposal gets approved, it will only be valid for 2014, and the Eligible Professional will be able to use 2011 Edition CEHRT or a combination of 2011 and 2014 CEHRT to attest to the 2013 definition of meaningful use measures for either Stage 1 or Stage 2 in 2014. If approved, this rule would also allow the Eligible Professional to use the 2013 definition CQMs.
Read additional information from CMS about the proposed rule.
Got questions? We thought so. Please email them to Mary Givens.
Consolidated Care, a new Ohio customer, recently completed the Train the Trainer milestone!
Consolidated Care provides a variety of mental health and supportive services to Champaign, Logan, and Hardin counties. One of the most valuable services they provide is being the first people on-site to help survivors of suicide. One such incident occurred while Qualifacts was onsite, and served as yet another reminder to our staff, of the ongoing care that our customers provide.
The Consolidated Care Core Team represents all areas of the agency, from billing and admin, to front desk and clinical. As you can see by the smiles, they enjoyed the on-site presentation and training and are looking forward to their Go-Live.