The quantitative research study yielded tangible outcomes that significantly informed the development and refinement of HCBS rate methodologies for the State of Indiana. Key benefits derived from the study include:
- Enhanced alignment and transparency: The survey data enabled the State to streamline and standardize rate methodologies across different HCBS waivers, promoting clarity and consistency for providers.
- Improved sustainability: By incorporating alternative sources of information and exploring tiered and bundled rate methodologies, the State achieved greater sustainability in rate setting, ensuring adequate participant access to services while aligning with budgetary constraints.
- Promotion of person-centeredness and value-based purchasing: Insights from the survey informed the adoption of value-based purchasing strategies, aligning financial incentives with HCBS outcomes and fostering person-centered practices within the Medicaid programs.
Overall, the quantitative research study conducted by Axon Advisors facilitated evidence-based decision-making and empowered the State of Indiana to enhance the effectiveness and efficiency of its HCBS rate setting processes.