This week, health data platform Arcadia made an acquisition that CEO Michael Meucci thinks will give the Boston-based company the data it needs to offer a more comprehensive suite of value-based care technology for its customers. It bought Arlington, Virginia-based CareJourney, a health analytics firm designed to facilitate participation in value-based care contracts. The acquisition…
Download Slides In this webinar, we will delve into the pivotal journey of interoperability in healthcare, exploring the significance of the Trusted Exchange Framework and Common Agreement (TEFCA), current data insights, and future directions. In this session, we will discuss: The Road That Got Us Here:– A historical overview of interoperability in healthcare.– Key…
In the dynamic landscape of healthcare, where quality care and cost-effectiveness are paramount, initiatives like the Medicare Shared Savings Program (MSSP) play a pivotal role. As healthcare providers strive to deliver better outcomes while managing costs, understanding the financial implications of MSSP Accountable Care Organization (ACO) reporting becomes essential. Understanding MSSP ACO Reporting In order…
Value-based care can make Medicare patients healthier while sustaining physicians’ practices, but it needs fine tuning within the U.S. health care system to optimize outcomes. A panel of experts shared their opinions in the “Hearing on Improving Value-Based Care for Patients and Providers,”convened June 26, 2024, by the Health Subcommittee of the House Ways &…
Value-based care — in which medical practices are paid based on the value of their care, not on volume — is a good idea but the Centers for Medicare & Medicaid Services (CMS) need to improve its implementation, doctors and a healthcare executive told members of the House Ways & Means Health Subcommittee. “I am…
Policymaker confidence in Value-Based Care and the Accountable Care Organization (ACO) model has, so far, prevailed despite only small overall savings. There is still enduring belief that ACOs can rationalize health care and produce affordability by transformative strategies. But here’s where wishes and reality conflict: ACOs have, until now, lacked the data and tools to…
In addition to generating billions of dollars in savings and improvements in quality, value-based care models have had a profound impact on the daily lives of patients and their families. Millions of patients in these models benefit from better coordinated care and services not covered by Medicare, including patient outreach and social supports like housing…
Download Slides To remain competitive, ACOs, Medical Groups, and Physician Networks must control costs, while simultaneously delivering excellent care. Creating a long-term transformation strategy that harmonizes primary and speciality services into whole-person care that fulfills these objectives can be a daunting task, particularly at the beginning of your value-based care journey. However, there’s no need to…
On Jan. 1, 2025, the U.S. Center for Medicare & Medicaid Services’ (CMS) Innovation Center will begin implementing a payment model for primary care known as the Accountable Care Organizations (ACOs) Primary Care Flex Model under the Medicare Shared Savings Program (MSSP). The ACO Flex Model is a voluntary initiative to improve funding and other…
Providers, health systems, and health plans across the country continue to be engaged in conversations about value-based care – and often the focus remains on the burdens and challenges of making the shift. Across the industry, we hear about the difficulties of transitioning from fee-for-service to value-based care, and those concerns are valid. However, we…