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Value-based care creating a new era of interoperability

May 19, 2022Garrett SchmittInteroperability, value-based care, vbc

Interoperability in healthcare, it would seem, is at an important inflection point. Rules around data exchange have been around for years, and regulate what patient information gets shared between payers, providers and the patients themselves. There are also standards around how that information is shared, and the forms it can take. But the transition to…

ACO REACH And Advancing Equity Through Value-Based Payment, Part 2

May 19, 2022Garrett Schmitt

Value-based payment (VBP) models can be a useful tool for reducing health inequities and advancing equity goals. However, some evidence suggests that the uptake of VBP models has lagged in marginalized populations, and that in some circumstances VBP could exacerbate disparities. Consequently, many VBP models are now adopting a more intentional focus on equity. In…

Wanted: Better Script For Health System And Medical Group Transition To APMs

May 18, 2022Garrett Schmittalternative payment models, APMs

Health care has been suffering for a while—just ask any participant, including patients. You will hear about burnout, pressures to perform, changes in the market, pressures of new technology, fiefdoms, consumerism, and to top it off, the buildup of competition between traditional health care enterprises and new corporate health care businesses. Then there’s the pandemic,…

Accounting for Risk Among Dual Eligible Beneficiaries

May 17, 2022Garrett SchmittRisk, risk management

As the United States continues to move toward value-based care, a great deal of attention has been given to vulnerable patient populations. Patients with higher needs (and correspondingly higher costs) are among those who would benefit most from healthcare improvement efforts, but those costs can represent significant risk to networks that stake their revenue on…

ACO REACH And Advancing Equity Through Value-Based Payment, Part 1

May 17, 2022Garrett Schmitt

Given the wide expansion of value-based payment (VBP) models in the United States, VBP can be a useful tool for reducing health inequities and advancing equity goals. VBP models provide more flexibility to address social drivers of health (SDoH); they provide services and care coordination that are not typically covered but may be particularly important…

Medicare Shared Savings Program: Celebrating 10 Years and Looking Forward to the Future

May 17, 2022Garrett SchmittMedicare, Medicare Shared Savings Program, MSSP

April marked the 10-year anniversary of the start of the agreement period for the first Accountable Care Organizations (ACOs) in the Medicare Shared Savings Program (Shared Savings Program) – an ambitious program to reward health care providers for improving health care for people with Medicare. The program now includes 483 ACOs with over 525,000 participating…

Efficient Data Sharing Needed for Value-Based Care Transition

May 17, 2022Garrett SchmittData, Data sharing, health data

The COVID-19 pandemic changed how healthcare organizations approach care delivery, but the industry needs more efficient and transparent data sharing methods to accelerate provider transition to value-based care models. Providers and payers alike are increasingly moving away from fee-for-service and shifting toward value-based payment models, which reimburse providers based on the quality of care they…

Considerations for Social Determinants of Health Screening Design

May 16, 2022Garrett SchmittSDOH

Increasingly, healthcare organizations are starting to design social determinants of health screening processes. Coming as a response to value-based care trends, social determinants of health screenings help clinicians and organization leaders understand the social issues affecting the health and wellness of the organization’s unique patient population. Those insights can inform the community health partnerships the…

RECORDED WEBINAR: 5 Key Components for Organizational Growth Within Value-Based Care

May 12, 2022Garrett SchmittNo CommentsCMS, health equity, Patient Engagement, patients, SDOH, Webinar

 Download Slides In today’s value-based care landscape, growth and success may appear different for each organization. Market conditions, resources and budgets, company goals – each of these play a role in determining the go-to-market strategy. To truly understand and define these areas, you need to first start by looking at your performance insights.  …

For ACOs, the Question Is: To eCQM or Not to eCQM?

May 4, 2022Garrett SchmittACOs, eCQM, quality measures

By 2025, accountable care organizations will be required to do quality reporting via electronic clinical quality measures (eCQMs). Maria Alexander, senior director of population health at Mount Sinai Health System in New York, recently spoke about the pros and cons of reporting via eCQMs during the voluntary transition period between now and then. The Centers…

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