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RECORDED WEBINAR: Digesting the Alphabet Soup of Medicare’s Final Rule for 2023: APP, MIPS, MVPs, and more!

December 13, 2022Garrett SchmittNo CommentsACOs, vbc, Webinar

 Download Slides CMS has released the Final Rule for 2023, and there’s plenty to unpack. Do you know how the new rules and updates will affect your organization? Is your ACO prepared for the end of the Web Interface and all-patient all-payer quality reporting? Is your organization using data effectively to overcome challenges and…

Why PCPs Are Key to Coordinating Patient Engagement with Payers, ACOs

December 13, 2022Garrett Schmitt

All stakeholders in the healthcare industry have gotten better at patient engagement in the past few years, as value-based care models have made it imperative that patients are involved in their own care management. But as more voices enter the conversation, it’s critical that there’s some coordination between both the payer and the provider, according…

Value-based payment system shortchanges PCPs, says study

December 13, 2022Garrett Schmitt

The Medicare Merit-based Incentive Payment System (MIPS) unfairly penalizes physicians caring for a patient population with more complex medical needs, according to a study in JAMA Network. MIPS, the largest value-based payment system in the U.S., pays about 1 million physicians who care for Medicare patients based on scores in four categories: cost, quality, improvement…

Variability in Medicare direct contracting savings illustrates promises, pitfalls of value-based care

December 12, 2022Garrett Schmitt

Organizations’ net savings in the first year of a Medicare accountable care model varied widely, spotlighting the difficulties of delivering value-based care, where just a few sick patients or a substandard operational model can significantly skew results, experts say. Direct contracting entities in the Global and Professional Direct Contracting Model had a roughly 2% net…

Fighting burnout through value-based care

December 12, 2022Garrett Schmitt

Although reports of physician burnout multiplied during the COVID-19 pandemic, it has always been a problem in health care. According to a study from the Mayo Clinic, the COVID-19 pandemic only exacerbated existing problems in the health care delivery system and took a toll on the U.S. physician workforce. This added strain impacted the quality…

House and Senate Dems want CMS to drop ACO REACH members due to fraud concerns

December 12, 2022Garrett Schmitt

Nearly two dozen House and Senate Democrats are pressing the Biden administration to remove 10 organizations with documented fraud and waste from the controversial ACO REACH payment model that starts next year. The letter, released by a collection of 21 House and Senate lawmakers last week, is the latest scrutiny to befall the alternative payment…

Progressive lawmakers call on CMS to cull companies with history of Medicare fraud from ACO REACH

December 12, 2022Garrett Schmitt

More than 20 progressive lawmakers are raising concerns about ACO REACH in a new letter to the CMS, arguing the model gives insurers with a history of defrauding Medicare another toehold in the program and asking regulators to eject those entities from the alternative payment model. ACO REACH, slated to begin in January, is a redesign of…

Vermont All-Payer ACO Makes Progress on Cost, Quality Goals

December 9, 2022Garrett Schmitt

The second evaluation report on Vermont’s All-Payer ACO Model (VTAPM) Agreement found that although the pandemic and a cyberattack on the University of Vermont Health System posed unique challenges in 2020, the Medicare ACO initiative continued to reduce spending and utilization in payment year 3 relative to a comparison group. The initiative also continued to…

AHCA CEO: Value-Based Care ‘Most Exciting’ Development of His 30-Year Skilled Nursing Career

December 9, 2022Garrett SchmittACOs, CMS, nursing homes, SNFs

Skilled nursing providers are facing an extremely challenging operating environment, but they must keep adapting and innovating as the shift toward value-based care continues across the U.S. health care system. And in fact, providers have tremendous opportunities to seize. “Value-based care through the population health management model is the most exciting thing I’ve had the…

10 payer value-based care partnerships to know

December 9, 2022Garrett Schmitt

Payers are investing in value-based care, teaming up with Walmart and many other companies to prioritize quality-based payments. Around 4 in 10 health plans use alternative payment models, a survey from the Healthcare Payment Learning and Action Network found, with these models most common among Medicare Advantage plans. Here are 10 partnerships Becker’s reported this…

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