August 27, 2014 9:29 PM ET

Health Care Technology

Company Overview of PointRight, Inc.

Company Overview

PointRight Inc. provides data-driven analytics and decision support services to long term care providers, assisted living facilities, and insurance carriers in the United States. It offers Data Integrity Audit, a Web-based tool that analyzes minimum data set assessments prior to state submission; Performance Portfolio, a suite of real-time and monthly reports that present a detailed analysis of clinical performance; and Risk Management Event Reporter, a Web-based risk management tool for reporting, tracking, analyzing, and managing incidents, complaints, and record requests in skilled nursing or assisted living facilities. The company also provides OnPoint-30, which enables providers to iden...

420 Bedford Street

Lexington Office Park

Suite 210

Lexington, MA 02420

United States

Founded in 1995

Phone:

781-457-5900

Fax:

781-674-2254

Key Executives for PointRight, Inc.

Co-Founder and Director
Founder
Vice President of Finance & Administration
Executive Vice President of Insurance
Compensation as of Fiscal Year 2014.

PointRight, Inc. Key Developments

PointRight Inc. Announces Release of PointRight Pro 30

PointRight Inc. announced the release of PointRight Pro 30, an upgraded version of its popular tools leveraging big data to track and reduce rehospitalization rates in long-term care facilities. Formerly known as OnPoint 30, this new, industry-standard analytics service adds facility-level, case-mix adjusted rehospitalization rates for diagnostic sub-categories and for high, medium, and low-risk groups, capabilities previously only available as a separate product. Using one integrated analytics service, customers can now evaluate rehospitalization rates for common issues including congestive heart failure, COPD, stroke, diabetes, pneumonia and surgery. PointRight Pro 30 gives clients access to two important rates: observed and case-mix adjusted rehospitalization rates for both Medicare and all-payer groups, and compares these with national benchmarks. The service features root-cause analysis data correlated with average length of stay by diagnosis. It also provides the tools that facilities need to assess why residents returned to the hospital, determine areas of rehospitalization as well as possible preventative measures, and crosswalk rehospitalized resident with other outcomes to improve quality of care. Using graphical data display tools, i.e., 'smart downloads,' facilities can benchmark their progress by seeing how rates trend over time and can compare their rates by month to national averages. With penalties for excessive rates for acute-care partners reaching as high as 3% in 2014, PointRight Pro 30 allows providers to easily identify, trend and analyze rehospitalization cases to distill quality improvement opportunities, using web-based interactive analysis tools.

PointRight Inc. Announces Release of an Upgraded Version of its Professional Liability Snapshot

PointRight Inc. announced the release of an upgraded version of its Professional Liability (PL) Snapshot, a tool that accurately predicts the risk of liability claims for long-term care (LTC) facilities. PL Snapshot analyzes LTC facilities’ professional liability risks using proprietary predictive models built on a unique database of claims experience from over half of the industry facilities. These analytics support accurate risk analysis and targeting of risk management and enable claims to be evaluated more accurately and defended more effectively. The PL Snapshot tool provides on-demand decision support services for anyone who is a stakeholder in the LTC market, and is already used by insurance underwriters, real estate investment trusts (REITs) and merger and acquisition (M&A) organizations to assess an LTC operator’s risk before providing insurance coverage to them or investing in them. In Version 2, PL Snapshot now contains these enhanced features: A simple, color-coded report provides visibility on over 100 categories including staffing, care process levels, quality measures, and complaint history; A newly refined PL Risk score value evaluates a facility’s underlying risk of having a claim of over $250,000 compared to all other facilities across the nation, factoring in facility size and location, validated against PointRight’s extensive loss history database; A proprietary staffing-to-acuity analysis offers measured insights as to whether a facility is maintaining the specific staffing necessary to support its current level of acuity; Graphical trend analyses visualize how a facility’s quality and risk measures are tracking over time; and Reports are available on-demand via self-serve access from PointRight’s web-hosted Reports Portal.

American Health Care Association to Apply PointRight OnPoint-30 Rehospitalization Metric

The American Health Care Association (AHCA), together with PointRight, Inc. announced that AHCA will incorporate PointRight's proprietary OnPoint-30 methodology of calculating case-mix adjusted hospitalization metric into its national Quality Initiative. PointRight uses Minimum Data Set (MDS) data and unique analytics to calculate case-mix adjusted hospital readmission rates that help providers differentiate between areas of excellence and improvement opportunities.

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