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ACOs: Loss of quality bonus could disrupt value-based care model, physician recruitment

September 13, 2022Garrett Schmitt

Accountable care organizations are urging Congress to extend a dependable bonus payment to physicians that has been used to improve quality of care, advocates say. The 5% payment supports participants in alternative payment models who meet quality goals, and is set to expire in 2023. The money goes directly to physicians, incentivizing them to join…

RECORDED WEBINAR: How a Shared Care Program Can Save People’s Vision While Improving ROI

September 13, 2022Garrett SchmittNo CommentsACOs, vbc, Webinar

 Download Slides Challenges around time, money and transportation can have a noticeable impact on a wide range of health risks and the outcomes associated with those risks. In the fight against diabetic retinopathy, shared care programs that address these challenges head-on can make a difference. Join us to discuss a real-life example of a…

To Advance Health Equity For Dual-Eligible Beneficiaries, We Need Culturally Appropriate Services

September 9, 2022Garrett Schmitt

In 2019, 48 percent of Medicare-Medicaid dual-eligible beneficiaries identified as being from a racially/ethnically minoritized group, while only 21.6 percent of Medicare-only beneficiaries were from racially/ethnically minoritized groups. Since 2006 the percent of dual-eligible beneficiaries from racially/ethnically minoritized groups has grown by 19.2 percent, and we can expect this growth to continue as our population…

Top 10 Accountable Care Organizations by Medicare Shared Savings

September 8, 2022Garrett Schmitt

Medicare’s Shared Savings Program (MSSP) saved CMS $1.66 billion in 2021, marking the fifth consecutive year of overall savings for the program; however, savings from performance year 2021 represent a decline from 2020, when ACOs saved Medicare $1.9 billion. The 475 participating ACOs compromising half a million clinicians provided service to 11,000,000 Medicare patients, with…

Innovation for all: Adapting patient-facing tools to promote digital health equity

September 7, 2022Garrett Schmitt

More often than not, ground-breaking health care advancements are disproportionately accessible for those who already have favorable social determinants of health. Improving cost, access, and quality, but for whom? The boom of telehealth and digital health during the pandemic was a necessary shift to bridge the critical access gap while also supporting the public health…

Researchers Explore ACOs’ Cost Savings Around Patients with Mental Illness

September 6, 2022Garrett Schmitt

Are accountable care organizations (ACOs) potentially creating financial savings by neglecting or limiting care for serious mental illness (SMI)? A team of researchers has examined the issue for an article in Health Affairs. Based on their analysis, it appears that such is not the case; but there is complexity, which the researchers explore in their…

Rethinking care for the most frail patients

September 4, 2022Garrett Schmitt

Closed loop communication is a defined strategy that’s frequently used in complex environments, such as acute care settings, to reliably exchange critical information quickly and concisely. With this technique, an individual shares information with another person and the receiver repeats the information back and asks any follow-up questions to gain clarity. The person initiating the…

The Rapidly Evolving Move to Value-Based Care in a Post-Pandemic World

September 2, 2022Garrett Schmitt

“We shall have no better conditions in the future if we are satisfied with all those which we have at present. ― Thomas A. Edison  Value-based care (VBC) and population health management (PHM) will be impacted for years to come as a result of the COVID-19 pandemic. There is little doubt that COVID-19 brought about…

AMA and others make MSSP requests ahead of final rule

September 2, 2022Garrett Schmitt

Ahead of the September 6 comment deadline, the American Medical Association and 10 other provider organizations submitted comments to the Centers for Medicare and Medicaid Services on how the 2023 Medicare Physician Fee Schedule Proposed Rule affects accountable care organization models. The rule, if finalized, would bring several positive changes to the Medicare Shared Savings Program,…

The Intersection of Value-Based Care, Precision Medicine at Intermountain

September 2, 2022Garrett Schmitt

At this week’s National Human Genome Research Institute meeting on “genomic learning healthcare systems,” an Intermountain Healthcare executive described the link between value-based care and precision medicine. Howard McLeod, PharmD, executive clinical director of precision health for Utah-based Intermountain Healthcare, initially spoke about the learning health system approach at Intermountain. McLeod said that for a…

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