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Don’t Fall For Magical Thinking In APP Reporting

June 16, 2023Garrett Schmitt

Since the adoption of the 2023 Final Rule requiring ACOs to adopt Alternate Payment Model Performance Pathway (APP) quality reporting by performance year 2025, many ACOs have been scrambling to understand how to make the leap. There’s a huge difference between the old method of quality reporting using the CMS Interface to report on a…

Advance Care Planning in Value-Based Care

June 14, 2023Garrett Schmitt

Most people need some level of healthcare at the end of life. In fact, 25% of all Medicare spending occurs during patients’ last years, and research shows roughly 70% of adults prefer less aggressive treatments during their final days. Still, few people have frank discussions about the medical services they’d like to receive before the…

How NorthShore Uses AI, NLP to Tackle SDOH in the Emergency Department

June 14, 2023Garrett SchmittAI, health disparities, SDOH

Identifying and tackling social determinants of health (SDOH) are crucial aspects of any health equity strategy. But establishing how best to capture patients’ SDOH needs and develop interventions in the clinical setting remains a significant challenge for many healthcare organizations. The United States Department of Health and Human Services (HHS) defines SDOH as “the conditions in the…

4 strategies to reach a 5-star CMS rating

June 9, 2023Garrett Schmitt

How bright is your star shining? If you’re looking to improve your Star Rating with the Centers for Medicare & Medicaid Services, you’ve come to the right place. Your Star Rating isn’t just a once-a-year focus, it’s a year-round effort. We asked our team of experts for their tips to improve your ratings. Here’s what…

CMS Primary Care Model Provides Value-Based Path for Practices

June 9, 2023Garrett Schmitt

CMS will test a new primary care model in eight states with the hopes of improving patient care and increasing value-based opportunities for primary care organizations. The Making Care Primary (MCP) model aims to enhance care management and care coordination, provide primary care physicians with tools to form partnerships with healthcare specialists, and utilize community-based…

New CMMI Primary Care Demo Could Pave Way for Hospice, Palliative Partnerships

June 9, 2023Garrett Schmitt

A new primary care-focused payment model demonstration could create new partnership opportunities for hospice and palliative care providers. The U.S. Centers for Medicare & Medicaid Services (CMS) has unveiled the Making Care Primary (MC) model, which will launch in July 2024 in eight states — Colorado, Massachusetts, Minnesota, New Jersey, New Mexico, New York, North…

Policy Design Tools For Achieving Equity Through Value-Based Payment, Part 2

June 8, 2023Garrett Schmitt

Improving health equity in the US will require redesigning value-based payment using a set of coordinated strategies to promote equity alongside clinical, quality, and cost-efficiency outcomes. In part 1 of this article, we articulated the rationale and need for these equity-aligned design changes, and we laid out tools for tackling three design considerations in value-based…

ACO sign-ups for 2024 are underway. Policy changes have helped, but more work is needed, experts say

June 8, 2023Garrett Schmitt

Phase 1 enrollment in the Medicare Shared Savings Program (MSSP) for 2024 is currently underway, and recent reforms hold promise in attracting new providers into accountable care. However, experts say there’s still work for the Centers for Medicare & Medicaid Services (CMS) to do. Aisha Pittman, the senior vice president of government affairs at the…

RECORDED WEBINAR: Maximizing financial performance under value-based care: A spotlight on contracting and risk adjustment

June 8, 2023Garrett SchmittNo CommentsACOs, vbc, Webinar

 Download Slides Healthcare is at a tipping point as it transitions to value-based care across government sponsored programs. In this new environment, fee-for-service mindsets and strategies won’t work. Providers who attempt to address the new affiliated operational and financial challenges with fee-for-service methodologies will face internal friction among care teams and revenue leakage. Join…

Policy Design Tools For Achieving Equity Through Value-Based Payment, Part 1

June 7, 2023Garrett Schmitt

Improving health equity in the US will require changing health care payment. But despite the success of value-based payments in resetting expectations away from volume-based reimbursement toward quality and cost efficiency, these arrangements, historically, have not been designed to combat longstanding health inequities. In fact, there is growing recognition that even as value-based payment arrangements…

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