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Why Value-Based Care Begins with Quality Education

June 9, 2022Garrett Schmitt

Caregiver training is a valuable tool for employee retention and satisfaction. But it is also a critical factor in improving care delivery. This can lead to other positive outcomes such as increased client satisfaction and a strong reputation. Organizations that understand the connection between training and quality care will not only serve their staff, but…

Six Ways Competition Must Shape Your APM Strategy

June 8, 2022Garrett SchmittAPMs, competition

Now that you’ve made the decision to start your path to Alternative Payment Models (APMs), what’s the first thing you need to consider? Hint: APM revenue calculation does not top the list. Obviously, APM revenue generation vis-à-vis traditional Fee-for-Service is critical. But those calculations assume constancy of two essential “assets”—clinicians and patients. Your competition is…

RECORDED WEBINAR: How to Successfully Engage ACOs and Affiliate Networks to Unleash Economic Value

June 7, 2022Garrett SchmittNo CommentsACOs, Patient Engagement, Webinar

 Download Slides Implementing a successful value-based care arrangement can be challenging, particularly when working with ACOs and affiliated provider networks. Organizations need to understand how to measure and impact performance management, while supporting their provider network with the resources they need to succeed.   In this session, we will follow the evolution of the…

How physicians can untangle the web of relationships essential for value-based care success

June 3, 2022Garrett Schmittnetworking, physicians

Primary care physicians (PCPs) and other physicians continue to migrate away from the traditional fee-for-service (FFS) reimbursement model toward value-based and risk-bearing care models that reward better outcomes and reduced healthcare costs. Value-based care (VBC) contracts are projected by McKinsey to cover nearly 65 million Americans, or 22% of insured lives, by 2025, up from…

Are ACOs and Home Services the Path to Health Equity?

June 2, 2022Garrett SchmittACOs, health equity, Home Health

One major challenge in the U.S. has been that healthcare funding and incentives have not included resources to address the social causes of health inequities. This has perpetuated the problem. Conversely, several European countries have combined funding for health and social services and created incentives for communities and organizations to address both areas collectively. Over…

Younger Patients Want Social Determinants of Health Screenings

June 2, 2022Garrett SchmittSDOH

In potentially a sign of evolving patient expectations of care, more and more younger people are looking for their providers to ask them about their social needs, or conduct social determinants of health screenings, according to surveying from the University of Michigan. Using data from the MyVoice National Poll of Youth, the researchers determined that…

5 Ways to Leverage Tech for Hospital Success Under Value-Based Care

May 31, 2022Garrett Schmitthealth tech, Hospitals, vbc

Incentivized by the Centers for Medicare & Medicaid Services (CMS) to transform care delivery to improve outcomes, healthcare stakeholders are increasingly turning to value-based care initiatives. Outcomes are now contingent on providers working together across the continuum for shared goals, but hospitals are often not equipped with the resources necessary to do so. That’s where…

Health Value: It Takes a Skilled Workforce

May 31, 2022Garrett Schmitthealthcare workers, Population Health

As regular readers surely know, I am a tireless advocate for population health and for the systemic changes that will be necessary for achieving equitable, value-based healthcare in the U.S. The pandemic magnified deep-seated, complex issues we’ve struggled with for decades – unacceptably poor healthcare outcomes, disparities in access to care, and untenable costs for…

What Research Says About ACO Success

May 30, 2022Garrett SchmittACO success

Taking on downside risk can be a big motivator for organizations to take more seriously the transformation needed to succeed in value-based care, say researchers who study accountable care organizations. Speaking during a recent webinar put on by the Primary Care Collaborative, Jonathan Gonzalez-Smith, a research associate at the Duke Margolis Center for Health Policy,…

Two-sided risk models generate more utilization savings

May 26, 2022Garrett Schmitt

Health care industry observers frequently  ask “is value-based-care finally gaining traction in the industry?” and skeptics will follow with “is value-based care even the right care model to achieve utilization saving goals for a population?” The answer to the first question is undoubtedly, yes. The answer to the second question has been less clear, until…

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