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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…

Finding the Cure for Data Interoperability in Value-Based Care

October 15, 2024Garrett Schmitt

The fee-for-service (FFS) payment model that has been the norm in healthcare for decades may finally be on its way out, with many physicians and hospital leaders leaning into value-based care (VBC). However, the path to a VBC future remains challenging, particularly as organizations must face one of the biggest hurdles: data sharing and interoperability….

RECORDED WEBINAR: Mitigating Medical Coding Compliance Risk in Value-Based Care

October 15, 2024Garrett SchmittNo CommentsACOs, Coding, compliance, vbc, Webinar

 Download Slides Accurate coding is extremely important in the era of value-based care. If coding is inaccurate, it can result in significant financial penalties, damage to reputation, and missed opportunities to maximize reimbursements. Additionally, adherence to key compliance requirements and good clinical documentation practices are essential to avoid legal and financial repercussions. Key Takeaways:…

Putting a Spotlight on Innovation, Collaboration in Specialty Value-Based Care

October 14, 2024Garrett Schmitt

The Institute for Value-Based Medicine event hosted by The American Journal of Managed Care (AJMC) in Nashville, Tennessee, on August 22, 2024, spotlighted various perspectives on specialty value-based care and explored how innovation and entrepreneurship can help adapt to the evolving health care landscape.1 Presented by AJMC and Tennessee Oncology, the event featured Katherine Baker,…

Industry Voices—9 strategies for integrating specialists into accountable care

October 11, 2024Garrett Schmitt

Specialty care makes up a significant portion of healthcare spending, yet accountable care organizations (ACOs) often lack a specialty care strategy to lower costs and optimize specialty care. This disconnect arises due to distinct payment models that pay specialists separately, alongside care management systems that don’t attempt to integrate ACO primary care physicians and specialists….

The Catalyst Driving Success in Value-Based Care

October 11, 2024Garrett Schmitt

Let’s face it—healthcare is changing, and fast. The old fee-for-service model, where providers were rewarded for cranking out more tests and treatments, is fading into the background. Enter value-based care, a model that prioritizes patient outcomes over the number of services performed. And at the heart of this transformation? One thing: quality. But quality isn’t…

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