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Healthcare workers are leaving the profession in droves. Here’s how you can ensure staff retention in a Value-Based Care reality

January 12, 2023Garrett Schmitt

As the industry moves deeper into value-based payment models and takes accountability for the health of populations, primary care is serving as one of the highest priorities for health systems and networks alike. We are at a critical juncture where independent, affiliated and employed physicians, as well as the employers and health systems working with…

FLASH INTERVIEW — CareJourney 2023

January 11, 2023Garrett SchmittNo Comments

 CareJourney is a leading source of provider cost and quality analytics for the healthcare industry. They support payers, value-based networks and numerous ACOs, helping them assess value-based care models, optimize provider performance, coordinate patient care and uncover market growth opportunities. CareJourney does this by consolidating and enriching Medicare FFS, Medicare Advantage and Medicare and Commercial claims…

Bundled Payment Model Reduced Spending on Medical, Surgical Episodes

January 10, 2023Garrett Schmitt

Participating in Medicare’s Bundled Payments for Care Improvement (BPCI) initiative was associated with cost savings for medical and surgical episodes, but savings varied among hospitals and physician groups, according to a study published in JAMA Health Forum. Full Article

Is ACO REACH Model Poised to Bring Health Equity to Value-Based Care?

January 9, 2023Garrett Schmitt

Medical Home Network (MHN) isn’t new to care coordination. For 14 years, the Chicago-based accountable care organization (ACO) has focused on bringing care coordination into the primary care office, using community health workers to provide whole-person care. But now, as a part of the ACO REACH Model, MHN looks forward to a future free from the…

Business of Healthcare and Value Based Care – 2023 Health IT Predictions

January 4, 2023Garrett Schmitt

As we head into 2023, we wanted to kick off the new year with a series of 2023 Health IT predictions.  We asked the Healthcare IT Today community to submit their predictions and we received a wide ranging set of responses that we grouped into a number of themes.  Check out our communities predictions below…

4 ACO REACH Updates Kick Off the New Year

January 3, 2023Garrett Schmitt

After finding that only six of its 50 alternative payment models (APMs) “generated statistically significant savings to Medicare and to taxpayers,” CMS and the Center for Medicare and Medicaid Innovation (CMMI) hope that 2023 will refresh its value-based care (VBC) efforts. Here are four updates to its newest VBC model — ACO REACH — as…

Socioeconomic status measure helps researchers develop artificial intelligence models, improving equity in health care

December 29, 2022Garrett Schmitt

Social determinants of health impact people’s well-being and quality of life. These social determinants—conditions such as access to nutrition, safe and affordable housing, jobs, transportation, and access to health care—are some of the factors that lead to disparities in health and health care if they are not addressed. “Defining and assessing social determinants of health…

Health Equity is Everyone’s Business; Success Requires a Strategy Rooted in Community Voice and Data

December 29, 2022Garrett Schmitt

Health equity affects all of us—either directly or indirectly—and the lack of equity could be pushing us into a financial crisis. Health equity is the fair and just opportunity for every individual to achieve their full potential in all aspects of health and well-being. Health inequities cost us $320 billion a year. If we don’t…

Hospital-at-Home Care Model: What it is and Why it Works

December 28, 2022Garrett Schmitt

Though providing hospital-level care at home is not a new concept, the popularity of such programs grew during the COVID-19 pandemic. As cases of the deadly coronavirus began surging in March 2020, healthcare organizations nationwide halted various types of in-person care due to capacity constraints and fears of exposing people to the virus. As they…

How value-based payments to clinicians can help close equity gaps

December 28, 2022Garrett Schmitt

The U.S. health system has been evolving over the past decade to focus on the quality and value of care. Until recently, though, value-based payment models have not explicitly addressed longstanding racial and ethnic inequities in care. This month, Blue Cross Blue Shield of Massachusetts, the not-for-profit health plan I lead, introduced a value-based payment…

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