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Providence’s Top Value-Based Contracting Lesson Is Collaboration

January 30, 2023Garrett Schmitt

You can’t do value-based contracting alone. That is one of the biggest lessons learned from Scott Anders, MD, MBA, FAAGP, CPE, chief medical officer of value-based care and ambulatory quality at Providence. In the latest episode of Healthcare Strategies, Anders shares how Providence relies on its staff, payers, vendors, and other stakeholders to succeed in…

Considering Disability in Social Determinants of Health Referrals

January 26, 2023Garrett Schmitt

When Colin O’Reilly, DO, FAAP, FACOP, FCCM, makes a social determinants of health referral in his pediatric hospital, he can’t just send the child and family to any social services provider. He has to make sure that social service is completely accessible, both in its physical space and how it serves patients. That’s because O’Reilly…

First Look at Open CMMI Model Data: Value-based Care Growth Drivers in 2022

January 25, 2023Garrett Schmitt

CMS recently reaffirmed its goal to have all Medicare beneficiaries and the vast majority of Medicaid beneficiaries in a care relationship accountable for cost and quality by 2030.1 To advance model transparency and facilitate greater collaboration, CMMI released detailed model data to authorized researchers, including CareJourney (“Research Identifiable Files”).2 In the weeks ahead, we will…

How EHR Integrations Can Tailor Patient Outreach for Value-Based Care

January 24, 2023Garrett Schmitt

In the shift toward value-based care, many healthcare organizations are looking for EHR integrations to support population health initiatives and optimize patient outreach. Take Henry Community Health (HCH), for example. Executives of the east-central Indiana health system looked to a health IT implementation to streamline what was previously a manual, time-consuming patient outreach strategy. “We…

RECORDED WEBINAR: Leveraging Expected CMS Payments for a Working Capital Loan

January 24, 2023Garrett SchmittNo CommentsACOs, vbc, Webinar

 Download Slides Has your organization grown over the last year? Do you expect to grow in 2023? If so, it is likely that your working capital needs will increase. Are you aware that there is a niche financing program available to value based organizations based mainly on expected CMS payments? Whether your organization needs…

What Prescription Drug Pricing Can Learn From Value-Based Care Models

January 23, 2023Garrett Schmitt

During this past year, momentum has increased to make healthcare more accessible and affordable: Highlights in the realm of increasing accessibility to affordable care and streamlining user experiences include Amazon acquiring primary healthcare provider One Medical; and Walmart inking a deal with UnitedHealth Group to provide care to Medicare Advantage patients at in-store clinics. And…

Value-based care services plant roots in the evolving healthcare landscape

January 20, 2023Garrett Schmitt

Value-based care has evolved into a healthcare landscape of its own, with a wide range of organizations contributing to systematic changes that improve the quality of care and outcomes while better controlling costs. Providers specializing in value-based care have become attractive to investors and patients because of the distinctive quality of care they can provide…

CMS releases three initiatives to grow Medicare ACO participation

January 18, 2023Garrett SchmittCMS, healthcare, healthcare providers, hospital, Medicare, MSSP

To advance its goal of having 100% of people in traditional Medicare in an accountable care relationship in seven years, the Centers for Medicare and Medicaid Services has announced three initiatives in the Medicare Shared Savings Program and the ACO REACH and Kidney Care Choices models. More than 700,000 healthcare providers and organizations will participate…

Providers seek more incentives in ACO REACH to target highly underserved areas

January 18, 2023Garrett Schmitt

The new value-based care model ACO REACH has been touted as the first ever to hold providers accountable for tackling health equity. But some providers say the Biden administration isn’t offering enough financial incentives for them to fully reach patients in extremely underserved communities. This year is the first performance period for the ACO REACH…

Study Finds MIPS Scores Don’t Reflect True Quality Performance

January 17, 2023Garrett Schmitt

A recent study out of the Weill Cornell Medical College questions whether the Merit-Based Incentive Payment System (MIPS) accurately captures the quality of care delivered by primary care physicians. Published in JAMA in December, the cross-sectional observational study of over 80,200 primary care physicians found that MIPS scores were inconsistently related to performance on both…

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