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Prospective or Retrospective ACO Attribution Matters for Seriously Ill Patients

December 8, 2020Garrett Schmitt

ABSTRACT Objectives: Since 2019, the Medicare Shared Savings Program (MSSP) has allowed accountable care organizations (ACOs) to choose either retrospectively or prospectively attributed ACO populations. To understand how ACOs’ choice of attribution method affects incentives for care among seriously ill Medicare beneficiaries, this study compares beneficiary characteristics and Medicare per capita expenditures between prospective and…

Analytics, precision medicine key to value-based care, but health systems struggle with funding: KLAS survey

November 18, 2019Garrett Schmitt

Limited funding and lack of reimbursement from payers are the top hurdles to patient engagement technologies, analytics and precision medicine, according to a survey of chief information officers. Healthcare providers plan to ramp up investments in telemedicine, patient portals and data aggregation capabilities but continue to struggle with how to fund these investments, a survey report from…

Following Medicare’s ACO Program Overhaul, Most ACOs Stay—But Physician-Led ACOs Leave At A Higher Rate

March 15, 2019Garrett Schmitt

Accountable care organizations (ACOs) have become a major payment and delivery reform since they were introduced as a key component of the Affordable Care Act. Currently, there are more than 1,000 ACOs covering about 33 million lives across all payers—numbers that have steadily increased over time. The ACO model continues to evolve, but it seems…

CMS Announcement: Relaxation of Mandatory Stop-Loss for At-Risk and NextGen ACOs

March 19, 2018Garrett SchmittNo CommentsReinsurance, Stop-Loss

Beginning in 2019, CMS will allow At-Risk ACOs, including Track 1+ and NextGen ACOs, to buy Stop-Loss independent from CMS’ own mandatory Stop-Loss. So what does this mean to your At-Risk ACO and your bottom-line and profits? This new CMS policy allows ACOs to buy stop-loss protection apart from CMS and its truncated (built in…

3 lessons from independent, physician-led ACOs

February 26, 2018Garrett Schmitt

Participating in a physician-led accountable care organization can be an alternative for independent physicians who don’t want to consolidate with a hospital or health system. Indeed, physician-led ACOs show promising results and in various studies outperform ACOs led by hospitals and other large medical organizations. They also can provide a way for practices to handle increasing government regulation and can help…

Why Care Coordination is Key to Improving Chronic Illness

February 1, 2018Garrett SchmittNo Commentscare coordination, Care Management, Chronic Care

In previous blogs, we have discussed programs whose goals are to improve patient outcomes through quality care while increasing provider efficiency. An additional program provided by CMS to help in these efforts is the Chronic Care Management (CCM) program. CMS has made CCM available to Medicaid ACOs as they seek to create savings for both…

Reducing Low-Value Care Key to Value-Based Reimbursement Success

February 1, 2018Garrett SchmittNo CommentsReimbursement

Value-based reimbursement success hinges on decreasing low-value care across patient populations, explained Scott Weingarten, MD, MPH, Senior Vice President and Chief Clinical Transformation Officer at Cedars-Sinai Medical Center. While hospitals and health systems have flocked to value-based care strategies, such as population health management programs and high-risk patient interventions, the non-profit academic healthcare organization in…

Patient Engagement Strategies Lack Patient Voice, Consumer Input

January 29, 2018Garrett SchmittNo CommentsPatient Engagement, Patient Satisfaction

Healthcare organizations are increasingly recognizing the imperative for patient-centered care in value-based payment models, but very few are adequately incorporating the patient voice into their strategies, according to a recent report from the Health Care Transformation Task Force (HCTTF). “The transition to value-based payment has generated more momentum for implementing high-quality, patient-centered care and involving…

8 Things to Know About Telehealth for 2018

January 24, 2018Garrett SchmittNo CommentsTelehealth, Telemedicine

In 2017 we saw an evolution in how employees are seeking care. Aligned with a recent National Business Group on Health study that indicates that 96% of large employers are now offering some level of telehealth benefits today, more and more employees were engaging with telehealth in 2017 and learning firsthand that they could receive…

17 ACOs join CMS’ Next Generation model

January 24, 2018Garrett SchmittNo CommentsCMS, Medicare, Next Generation

There are 58 ACOs in CMS’ Next Generation model for 2018, including 17 new participants, CMS data shows. Most ACOs participating in the Next Generation model are veterans of the Medicare Shared Savings Program and the Pioneer ACO Model. This year, five of the Next Generation ACOs are new to ACO programs, as pointed out…

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