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RECORDED WEBINAR: Are You a Latecomer ACO to APP Reporting? Your Last Minute Options

October 22, 2024Garrett SchmittNo CommentsACO reporting, ACOs, APP, APP measures, eCQM, vbc, Webinar

 Download Slides If you aren’t prepared for APP Reporting because you still think that you can duck APP Reporting with a revised Final Rule, don’t put money on it!  You’ve lost a lot of lead time, but you still have options for APP Reporting.  It’s time for weighing last minute options to meet requirements with the most economical and efficient APP…

Value-Based Care is Growing – Is Your Data Ready?

October 21, 2024Garrett Schmitt

The famous quote “What gets measured, gets managed” is often incorrectly attributed to business guru Peter Drucker. Although Drucker may not believe that maxim entirely, when it comes to value-based care (VBC), only care quality that can be measured and reported matters. Whether it is capitated, bundled, pay-for-performance, or hybrid VBC reimbursement models, the Centers…

Two Unwanted Players in Value-based Care: Fraud and Waste

October 18, 2024Garrett Schmitt

Inherent in their design, Accountable Care Organizations (ACOs) are responsible for the total care of their assigned patient population. Their savings are based on the overall quality, quantity, and cost of care their beneficiaries receive. This alone is no easy feat. Yet, for those ACOs participating in Centers for Medicare and Medicaid Services (CMS) programs,…

The Next Step in Specialty Value-based Care: Introducing the TEAM Model

October 18, 2024Garrett Schmitt

Across late August 2024, the Centers for Medicare & Medicaid Services (CMS) recently finalized the Transforming Episode Accountability Model (TEAM) in the Hospital Inpatient Prospective Payment System Final Rule. This is CMS’ latest attempt to transition all traditional Medicare beneficiaries into an accountable care relationship by 2030. Specialty care strategies are an important piece of…

Medicaid ACOs have not yet improved care for kids with asthma, study says

October 17, 2024Garrett Schmitt

In its first three years of operation, Medicaid’s primary care-focused Accountable Care Organizations (ACOs) in Massachusetts showed “no clear evidence of success” in improving asthma care for children, according to research led by the University of Massachusetts Amherst and UMass Chan Medical School-Baystate Health. The study, published recently in JAMA Pediatrics, compared the asthma care…

Lessons from the NAACOS 2024 Fall Conference

October 17, 2024Garrett Schmitt

This week, I had the honor of delivering the opening plenary at the NAACOS 2024 fall conference in Washington, D.C., where over 1,000 leaders from across the country gathered to discuss the future of accountable care organizations (ACOs) and value-based care. As always, the event served as an exceptional educational forum, bringing together clinical leaders,…

Long-Term Benefits Show the Value of Upfront Investments in Value-Based Care

October 17, 2024Garrett Schmitt

At an Institute for Value-Based Medicine® event held in Park City, Utah, in partnership with Intermountain Health, Miriam Godwin, CMMI, National Kidney Foundation, spoke to the role public policy and value-based care play in regard to kidney health. In this interview, she explores more in depth the key issue that comes with balancing immediate cost…

CareNu transitions to payer world with Florida-based Medicare Advantage plan

October 16, 2024Garrett Schmitt

CareNu is starting to sign members up for health insurance through its Medicare Advantage plan for the first time. The plan, offered through CareNu subsidiary SECUR Health Plan, is an Institutional Special Needs Plan, or I-SNP. It targets the highest acuity patients that account for the bulk of a health plan’s costs. “We created this…

Inaccurate Provider Data Hinders Value-based Care, But it Doesn’t Have To

October 15, 2024Garrett Schmitt

Last year, researchers looked at the directories of the nation’s five largest health plans and found that four out of five entries were inaccurate. This is more than a minor inconvenience. It’s a financial blackhole for all stakeholders and a disruption, if not a complete obstruction, to patient care. Over 50% of all patients use…

Q&A: How Pharmacists Stand in the Gap for Value-Based Care

October 15, 2024Garrett Schmitt

According to the Centers for Medicare & Medicaid Services (CMS), value-based care focuses on the quality and performance of a health care providers’ medical services, making the patient’s experience the forefront of how they receive care. Recently seen as an alternative to fee-for-service clinical care—which requires patients or their insurance plans to pay for each…

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