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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…

Year in Review: Value-Based Care and Alternative Payment Models

December 28, 2022Garrett Schmitt

In the world of value-based care and alternative payment models, 2022 has seen a heightened focus on health equity. In March, Dora Hughes, M.D., M.P.H., chief medical officer at the CMS Innovation Center, said the Innovation Center’s 10-year anniversary was a good time to look both back and forward at how its models impact health…

Population Health, Access, and Equity in 2023

December 28, 2022Garrett Schmitt

We predicted last year that there would be much attention on the inequities in our health care system. Will we continue to make progress and implement initiatives that right the ship? Here is what the experts have to say. And join us for the next few weeks as we look at what we might see in…

Understanding Education as a Social Determinant of Health

December 27, 2022Garrett Schmitteducation, food insecurity, patient access, racial disparities, risk modeling, SDOH

Education is a critical social determinant of health, largely because of its outsized impact on income and therefore other SDOH. There’s some clear-cut evidence underscoring the impact education has on overall health and well-being. In 2021, researchers published in PNAS that folks with higher educational attainment tend to live longer. Adults with a bachelor’s degree are expected…

Atlantic Health dives deep on data to advance health equity

December 26, 2022Garrett Schmitt

Leaders at Atlantic Medical Group, a multispecialty physician network that is part of Atlantic Health System, in New Jersey, couldn’t figure out why the response rate for a patient-experience survey was so low among Spanish-speaking patients. The survey was in Spanish, but the response rate was just 8%, less than half the rate from the…

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