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Pharmacists Can Play a Pivotal Role in Providing Value-Based Care

August 19, 2024Garrett Schmitt

At the National Association of Chain Drug Stores (NACDS) Total Store Expo (TSE) in Boston, Massachusetts, Anita Patel, PharmD, MS, vice president of Pharmacy Services Development at Walgreen Co., and Adam Chesler, PharmD, MBA, senior vice president of strategic initiatives at VillageMD, discussed the necessity of developing coordinated value-based care, as major issues that require…

‘Great on Paper’: Why Primary Care Physicians Are Reluctant To Join Value-Based Care

August 18, 2024Garrett Schmitt

While value-based payment models seem great in theory, research shows that many primary care providers aren’t partaking in these models. Over the last 14 years, the Centers for Medicare and Medicaid Services (CMS), as well as several states, have introduced value-based care models directed at primary care. The goal is to move away from the…

To Unlock ACO Access To Real Savings, Start With Trusted Data

August 16, 2024Garrett Schmitt

Value-Based Care payment models are based on a clear CMS goal: lower Total Cost of Care and its counterpart, Total Per Capita Cost. But neither TCoC nor TPCC gives you the information you need to target your cost efforts. How to start? Begin by evaluating what initiatives you need to do in the five key…

Embracing SaaS: Why Healthcare Organizations Should Transition from On-Premise Solutions

August 14, 2024Garrett Schmitt

Gartner estimates “over 95% of new digital workloads will be deployed on cloud-native platforms” by 2025. This shift from on-premise solutions to a cloud-based, software-as-a-service (SaaS) model, where software is accessed via a web browser, may seem concerning to healthcare organizations for several reasons, with the primary reason being a perceived loss of control. Organizations…

FLASH INTERVIEW – DataLink – 2024

August 12, 2024Garrett SchmittNo Comments

 DataLink provides flexible data-driven solutions that help value-based care providers, payers, and organizations improve quality performance, optimize risk accuracy, and reduce costs. With intelligent insights, automated workflows, and advanced interoperability technology, DataLink simplifies value-based care so that providers can focus on what matters most: delivering the best health outcomes. Data-Link is widely recognized for…

Driving Value-Based Payment Reform Through the Community Oncology Lens

August 12, 2024Garrett Schmitt

Health care costs in the United States are rising every year, leading to poorer patient outcomes, high out-of-pocket payments, and a consolidated market. One factor driving this rise is how siloed our health care system is. Not only are patients being forced to pay high out-of-pocket costs, but independent physicians are also feeling the pressure,…

The Power of Connection: How Clinical Data Registries, ACOs, and Payers Can Collaborate for Value-Based Care

August 8, 2024Garrett Schmitt

Value-based care (VBC) is not new. The concept began in the 1980s with the introduction of managed care and capitation models, where providers were paid a set amount per patient rather than per service. However, it gained significant traction in the early 2000s and continues to evolve with ongoing efforts to refine payment models, improve…

Closing The Gap In Value-Based Care: Lessons From Provider-Led ACO Experience

August 6, 2024Garrett Schmitt

Achieving the Centers for Medicare and Medicaid Services’ (CMS’s) goal to bring every Medicare patient into a value-based care (VBC) arrangement by 2030 requires bold action. With six years left to achieve that goal (as of January 2024), only half of current Medicare beneficiaries are aligned with an accountable care organization (ACO) providing care within…

How Data and Technology Are Strengthening the Relationships Between Accountable Care Organizations and Skilled Nursing Facilities

August 5, 2024Garrett Schmitt

As the post-acute care industry continues transitioning towards a value-based care system, skilled nursing facilities (SNFs) should start to consider participating in an Accountable Care Organization (ACO) to not only help in achieving optimal outcomes but improving patient care journeys uniformly. Building a clinically robust continuum of care includes long-term acute and post-acute care hospitals…

How CMS Proposed ACO Advance Payment Policies Could Impact Palliative Care

August 2, 2024Garrett Schmitt

The U.S. Centers for Medicare & Medicaid Services (CMS) has proposed a new avenue of funding for Accountable Care Organizations (ACOs) with implications for palliative care providers. The agency’s 2025 Physician Fee Schedule proposed rule contains a provision that would establish a new “prepaid shared savings” option for Medicare Shared Savings Program (MSSP) participants. This…

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