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Value-Based Care and Fee-For-Service: What’s the Difference?

July 25, 2023Garrett SchmittACA, AMA, FFS, HEDIS, MA, Medicare Advantage, NCQA

In an effort to improve care quality and lower costs, the healthcare industry has been working on shifting from fee-for-service to value-based care delivery. The two models differ in the way providers are reimbursed for the care they provide by rewarding them service-by-service or based on overall quality and patient outcomes. In the following article, HealthPayerIntelligence breaks…

How Integrated Bundles Drive High Value Specialty Care

July 24, 2023Garrett SchmittAttribution, referral management, specialty care

Integrating episodes of care within your population health infrastructure can drive higher value specialty care and increase savings earned. While CMS aims to support more coordination between bundles and ACOs, organizations should set a specialty care strategy that works for them. Specialty care accounts for a disproportionate share of healthcare expenditures in the US, driven in part…

How Healthcare Orgs Can Improve Their Health Equity Measures

July 24, 2023Garrett Schmitthealth equity, NCQA

When the nonprofit behind the most popular performance measurement tool implemented health equity measures, it begged the question: how can healthcare organizations measure equity? Healthcare industry leaders recognize the importance of the overarching issue. Almost 90 percent of healthcare executives agreed that health equity should be one of the industry’s priorities. “We know what we can’t see and what…

Retail Giants Vs. Health Systems: Fight Will Come Down To ‘Systemness’

July 24, 2023Garrett SchmittEHR, ICD-10-CM

Value-based healthcare, the holy grail of American medicine, has three parts: excellent clinical quality, convenient access and affordability for all. And as with the holy grail of medieval legend, the quest for value-based care has been filled with failure. In the 20th century, U.S. medical groups and hospital systems could—at best—achieve two elements of value-based…

Common Utilization Measures That Impact Value-Based Care Efforts

July 20, 2023Garrett SchmittHEDIS, NCQA, Triple Aim, Utilization Management

Quality and quantity have a nuanced relationship in the healthcare system: put simply, payers want to reduce members’ quantity of low-value services while increasing the number of services that produce better quality care. As a result, utilization measures that track the use of high- and low-value care are critical to a value-based structure. The triple aims of value-based…

RECORDED WEBINAR: Leveraging digital health to improve quality metrics that matter

July 20, 2023Garrett SchmittNo CommentsACOs, vbc, Webinar

 Download Slides Healthcare organizations that participate in value-based care arrangements are at the forefront of transforming healthcare delivery by improving quality, patient experiences, and cost management. To excel in this pivotal role, organizations must navigate the intricate landscape of quality measure achievement. In this enlightening webinar, we will explore how digital health can revolutionize…

The 2024 CMS PFS Proposed Rule: 7 Attempts To Balance Participation Goals With Value

July 19, 2023Garrett Schmitt

Reading between the many lines in the 1,920-page 2024 Medicare Physician Fee Schedule (PFS) Proposed Rule, one thing is clear: CMS is still struggling to move providers into Advanced Alternate Payment Models (APMs) and keep existing ACOs moving forward on the path to value-based payments. The APP Reporting tug-of-war between CMS and ACOs results in…

Study links readmissions to discharge process: 6 takeaways

July 19, 2023Garrett SchmittNo CommentsAll of Us, National Institutes of Health, NIH, SDOH, social determinants of health

Patients who have had vascular surgeries are often readmitted to the hospital for a variety of reasons — often preventable — more often than patients who undergo different types of surgeries. These readmissions could be largely avoided if other aspects of the discharge process were improved, according to research led by the University of Missouri in Columbia….

Integrating behavioral health and primary care: keys to success in value-based care

July 18, 2023Garrett SchmittBehavioral Health, COVID-19, mental health

Though by many measures and behaviors we’ve shifted to the endemic phase of COVID-19, our health care system continues to grapple with a crisis exacerbated by the pandemic: mental health. The ongoing difficulties and uncertainties driven by the pandemic led to a worsening of many pre-existing mental health issues and the emergence of new ones….

Preventive Medicine is the Key to Value-Based Care

July 18, 2023Garrett Schmittpreventive care, Preventive Medicine

We’re amid a massive provider shortage, and it’s only getting worse. According to data from the Association of American Medical Colleges, the U.S. is on track to face a shortage of up to 124,000 physicians by 2034. As a result of being unable to access care, patients are pushing off routine health services. Neglected care comes…

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