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Risk-Based Alternative Payment Models Aid Chronic Disease Management

July 19, 2022Garrett SchmittAPMs, chronic disease, chronic disease management, diabetes

Alternative payment models that put financial risk on healthcare providers improved care quality for patients with diabetes more so than fee-for-service and incentive payment programs, according to a new study published in Health Affairs. “Models that place greater financial risk on providers, such as global payment and shared savings, tend to demonstrate greater improvements in…

Four ways to improve digital health equity

July 15, 2022Garrett Schmittdigital health, health equity, SDOH

Over the past few years, we have seen an increase in tech-based approaches to improving maternal outcomes and the birthing journey. While most women still have in-person visits to check the progress of their pregnancy, deliver or check-in following delivery, technology can expand the reach of health care services. Digital solutions, including remote patient monitoring,…

AMA says Medicare payment schedule rule threatens patient access

July 13, 2022Garrett SchmittAMA, CMS, patient access

The American Medical Association has criticized the new Medicare payment schedule proposed rule released last week by the Centers for Medicare and Medicaid Services, saying it fails to account for inflation in practice costs and “COVID-19-related challenges to practice sustainability.” The proposed 2023 Physician Fee Schedule (PFS) conversion factor is $33.08, a decrease of $1.53…

Three Key Decisions To Direct Your APM Adoption Strategy

July 13, 2022Garrett SchmittAPMs

How you ramp-up to full-scale APMs is crucial. Even if your multi-specialty group or health system receives some value-based payments with downside risk, your success hinges both on financial viability and retention of your clinicians and patients. If you delay APM adoption only after reviewing the potential on your bottom line, you’ll need to pay…

CMS 2023 Proposed Rule Accelerates ACOs, MVPs

July 12, 2022Garrett SchmittACOs, CMS, MVPs, Physician Fee Schedule

CMS just set off summer fireworks, amping up incentives to adopt Value-Based Care in its just-released, 2,066-page 2023 Proposed Physician Fee Schedule Rule. By encouraging formation of new ACOs, the Proposed Rule establishes a pathway to expand beneficiaries’ access to accountable care. Last year, CMS committed that every Medicare beneficiary will be in an accountable…

Opportunities, Challenges of Value-Based Care Adoption

July 12, 2022Garrett Schmitt

Kenneth L. Davis, MD, believes that keeping patients healthy and ultimately out of the hospital is the key to making healthcare more affordable. That is why he is leading one of the nation’s top health systems down the path of value-based care adoption. Mount Sinai Health System has been at the forefront of the transition…

Strategic Implications of Health Equity in ACO REACH: Part 1 of 2

July 11, 2022Garrett Schmitt

PART 1: Understanding the programmatic health equity components  As the CMMI (Center for Medicare & Medicaid Innovation) Direct Contracting Program transitions to the ACO REACH Model in PY2023, many in the market have asked: “what has changed?” One notable change is the inclusion of one of the core tenants of the CMMI Strategic Plan announced…

CMS proposed payment rule includes major updates for ACOs

July 8, 2022Garrett SchmittACOs, CMS, health equity, MSSP, rural ACOs

The CMS is proposing an overhaul of the Medicare accountable care organization program in an effort to improve equity. The plan, which includes efforts to get more providers into ACOs and particularly ramp up rural participation, was applauded by ACO groups. The changes for ACOs in the Medicare Shared Savings Program would give some organizations more…

Risks And Benefits To Community Health Worker Certification

July 7, 2022Garrett Schmittcommunity health

Community health workers (CHWs) have been garnering greater visibility in recent years as the field has placed heightened attention toward the role of social determinants of health in reducing health disparities and achieving health equity. CHWs aim to be a closer link into the community than traditional health care providers might be able to reach….

CMS Analysis Reveals Implicit Bias in Healthcare, Value-Based Payment

July 6, 2022Garrett Schmitt

An internal analysis of three CMS Innovation Center models revealed instances of implicit bias in healthcare, which disproportionately impacted people of color and low-income individuals. CMS Innovation Center chief medical officer Dora Lynn Hughes, MD, MPH, and analyst Melissa Majerol, MPH, disclosed the results of the analysis of implicit bias in a Health Affairs Forefront blog…

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