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Growth Of Value-Based Care And Accountable Care Organizations In 2022

December 2, 2022Garrett Schmitt

Value-based care encompasses a broad variety of payment models in which health care providers are incentivized to provide better care at lower costs. Eleven years ago, we began presenting information on accountable care organizations (ACOs) including the count of distinct organizations entering into accountable care contracts and the number and distribution of lives covered by…

Value-Based Payment As A Tool To Address Excess US Health Spending

December 1, 2022Garrett Schmitt

For decades, the level and growth of US health care spending has diverged from both international and domestic norms, leading many to characterize rising health expenditures as “unsustainable.” Between 1970 and 2019, total US health spending grew from 6.9 percent of gross domestic product (GDP) to 17.7 percent of GDP, according to the Centers for…

This Company Just Raised $140 Million To Accelerate Patient-Oriented, Value-Based Primary Care

December 1, 2022Garrett Schmitt

Imagine going into your doctor’s office and facing not a staff of overworked doctors and nurses, but an inviting conversation. A talk with a healthcare professional who has plenty of time, isn’t in a hurry and is ready to listen to a recital of the different aches and pains of your life. Someone with expertise…

Why I Shifted the Care Paradigm: Staking My Legacy on Driving the Adoption of Value-Based Care

December 1, 2022Garrett Schmitt

Over my nearly 40-year career as an internist in St. Louis, I’ve had the great fortune of practicing in a clinical and economic context that has allowed me to have very rewarding experiences taking care of my patients and building many lasting relationships. It has been frustrating to watch our industry evolve, pushed by regulation,…

Easing the transition to value-based care through EHR

November 30, 2022Garrett Schmitt

Health care in America traditionally is paid on a fee-for-service basis, with doctors billing and getting reimbursed for each service they provide. But in recent years, growing numbers of doctors and payers have been experimenting with value-based payment models, under which doctors are paid based on how well they care for patient populations while controlling…

Payers, Providers Work to Keep Health Equity in the Spotlight

November 30, 2022Garrett Schmitt

Concern is mounting around whether current health equity initiatives will be a flash in the pan or yield long term improvement on reducing disparities in hospice care among communities of color. Racial disparities in end-of-life care access have long proliferated, but in recent years health care providers and regulators have been paying closer attention, particularly…

KLAS: State of Value-Based Care Reimbursement in 2022 Trends

November 30, 2022Garrett Schmitt

What You Should Know: – Value-based care (VBC) has been established as a priority among healthcare organizations and payers as participants have gained more experience in managing their quality metrics and contracts, ultimately realizing returns on their investments. – For their latest report, Value-Based Care Reimbursement 2022, KLAS talked to 54 healthcare executives—including CEOs, CFOs, CIOs,…

Catapult Your Performance Using The APP And Achieve Data Sufficiency

November 30, 2022Garrett Schmitt

In a previous post, we demystified the Alternate Payment Model Performance Pathway (APP) and explained how, by partnering with a Clinical Data Registry experienced in data aggregation and result submissions to CMS, you can avoid the bugaboos falsely attributed to APP reporting—perceived high costs and impossible timelines. Here we’ll show you how to leverage your…

Why Collecting and Analyzing SDOH Data Can Improve Maternal Health

November 30, 2022Garrett Schmitt

It’s easy to focus on patient complaints in the healthcare setting. Injuries, worrisome labs and other symptoms are obvious red flags for patient health. But medical interventions like these influence patient outcomes only 20 percent of the time or less. Social determinants of health affect the remaining 80 percent. When we talk about SDOH, we…

Health Equity, Pollution, Carbon Footprints–and Your IT Department

November 29, 2022Garrett Schmitt

There are solid financial reasons for reducing energy use in your data center, for eliminating medical waste, and for increasing the diversity of your staff. But these initiatives also have impacts on your patients and the community. Erin Jospe, MD, Chief Healthcare Advisor at World Wide Technology, explains the connection in this video interview. For…

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