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Customizing Hospice, Palliative Care Payment Contracts in ACO REACH

October 12, 2022Garrett Schmitt

Hospices and Accountable Care Organizations have the ability to customize payment contracts within the Realizing Equity, Access and Community Health (ACO REACH) program. Effective Jan. 1, 2023, the U.S. Centers for Medicare & Medicaid Services (CMS) is replacing the Global and Professional Direct Contracting (GPDC) model with ACO REACH. The agency says the new program…

Community-Level Actions On The Social Determinants Of Health: A Typology For Hospitals

October 11, 2022Garrett Schmitt

Health in the United States is not equally distributed; there is a 15-year gap in life expectancybetween the richest and poorest 1 percent of Americans. There is clear evidence that health and health inequities are largely determined by the conditions in which we are born, grow, live, work, and age—the social determinants of health (SDOH)….

RECORDED WEBINAR: 3 Keys to Transitioning to an APM – Part 2: Determining Your Risk Level

October 11, 2022Garrett SchmittNo CommentsACOs, vbc, Webinar

 Download Slides If you are just starting your approach to Value-Based Care and considering an ACO or other type of APM, where in the world should you start? While some of the early adopters began by rounding up their usual physicians and filing an ACO application, it’s no longer that easy. Value-based care payments now…

Physician Engagement, Data Transparency Earn ACOs Shared Savings

October 10, 2022Garrett Schmitt

Privia Quality Network is one of the top earners of the Medicare Shared Savings Program, the federal government’s largest running accountable care organization (ACO) program. Across its four ACOs, Privia saved the program $380 million in 2021 while earning a weighted average quality score level of 93 percent. The key to their success? Physician engagement…

5 tips for a successful VBC program for Academic Medical Centers

October 7, 2022Garrett Schmitt

Many academic medical centers (AMCs) struggle to find success with risk-based contracts. The FFS operating model, combined with financial challenges and lack of strategic alignment across various stakeholders, can hold AMCs back from fully committing to the change required to fully embrace value-based care. The required shift in culture and finance can seem overwhelming, but…

Advocate Aurora’s CMO Dr. Gary Stuck on ACO Success

October 7, 2022Garrett Schmitt

For all the challenges facing the leaders of patient care organizations in moving forward in their value-based contracting in a time in healthcare strongly affected by the COVID-19 pandemic and policy and payment changes, some integrated health systems are doing well and showing excellent results, including in the Medicare Shared Savings Program (MSSP) sponsored by…

How Medical Providers and Partners Can Work Toward Children’s Health Equity

October 7, 2022Garrett Schmitt

The COVID-19 pandemic has exposed for many the reality that vast inequities exist in the nation’s health care system. That can be particularly true for children and families, many of whom face barriers to access and unequal care outcomes as a result of many factors and social determinants of health. Finding a solution to make…

RECORDED WEBINAR: Frictionless Healthcare: Fueling Behavior Change to Close Gaps and Improve Experience

October 6, 2022Garrett Schmitt1 CommentACOs, vbc, Webinar

 Download Slides What does it take to be immediate, relevant and frictionless? To get a rocket ship moving you need to increase fuel AND decrease friction. To change behavior, you need to increase fuel which is synonymous with increasing motivation AND decrease friction which can be thought of as removing barriers.  In this webinar,…

Why Data is at the Heart of Value-Based Care Success

October 5, 2022Garrett Schmitt

The saying “you cannot manage what you cannot measure” applies to all aspects of healthcare delivery, but it is especially true in value-based care. After all, payers, providers, and the patients they care for need to know what high-value care looks like at an individual level – and how it can be applied at the…

Eight Key Strategies For APM Contracting Right Now

October 5, 2022Garrett Schmitt

Are you considering entering into APM contracts with private payers? Bravo! Teaming with commercial health plans and employers is a strong opportunity for growing patients through APM arrangements. Expanding your APM agreements into all payment types will be essential to back the incentives you build into your workforce for performance-based pay. But those contracts must…

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