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Chapters Health System CEO On Prioritizing Value-Based Care Initiatives In The Home

February 26, 2024Garrett Schmitt

Andrew Molosky, the president and CEO of Chapters Health System, is keenly aware of the struggles that coincide with turning a large health care provider organization into a value-based one. The first priority in that situation, in his mind, is making sure that the entire organization is on the same page in terms of what…

Federally Qualified Health Centers Can Make the Switch to Value-Based Payment, But Need Assistance

February 26, 2024Garrett Schmitt

Federally qualified health centers (FQHCs) provide comprehensive primary care and preventive services to more than 31.5 million patients across the United States, regardless of their ability to pay. FQHCs have a unique financing structure that relies on federal grant funding and low Medicaid reimbursements. As a result, they operate on thin, often unpredictable financial margins,…

The Cost of Chronic Wounds

February 22, 2024Garrett Schmitt

Chronic Wounds: A Look at the human and financial toll Over the past few years, in an effort to promote better outcomes for patients, healthcare providers, payers, researchers, and regulators have started paying more attention to a once-overlooked area of healthcare: chronic wounds. Chronic wounds encompass injuries such as burns and surgical site infections, as…

RECORDED WEBINAR: Designing Equitable Solutions to Increase Breast Cancer Screening Completions Across Diverse Populations

February 22, 2024Garrett SchmittNo CommentsACOs, vbc, Webinar

 Download Slides Receiving recommended breast cancer screenings (BCS) helps detect cancer early, when it is most treatable. Barriers to BCS completions are most prevalent among people of color, with black women having a 41% higher mortality rate from breast cancer compared to white women. Institutionalized racism, lack of access, and misinformation are among the…

RECORDED WEBINAR: All Roads Lead to Value-Based Care, Part 4: Real-life Operationalization of VBC

February 21, 2024Garrett SchmittNo CommentsACOs, vbc, Webinar

 Download Slides The Centers for Medicare and Medicaid Services (CMS) is displaying a strong commitment to transitioning the healthcare system towards 100% value-based care (VBC) by 2030. This ambitious goal signifies a significant shift from the traditional fee-for-service model to value-based payment models. The move towards VBC is driven by the increasing recognition of…

CareAllies Dominates 2024 Black Book Survey With 7th Consecutive Top Rating as Value-Based Care Advisors

February 21, 2024Garrett Schmitt

Black Book Research has revealed the leading consultants for physician practices and medical organizations, based on feedback from 1,707 VBC providers regarding advisory outcomes, and client satisfaction. A total of 56 consultant firms received crowd-sourced evaluations from polls conducted between September 2023 and February 2024. For the seventh consecutive year, CareAllies, a division of The…

ACOs want increased participation of long-term and post-acute care providers

February 21, 2024Garrett Schmitt

Accountable care organizations are calling on the feds to increase participation of long-term and post-acute care providers in ACOs and to better incorporate episodic-based payments. The recently released white paper highlights ways the ACO REACH Model and Medicare Shared Savings Program (MSSP) can be utilized to grow participation. “If CMS is to achieve its goal…

Inside Steps CMS Could Take to Increase Nursing Home Participation in ACOs

February 21, 2024Garrett Schmitt

The nursing home sector’s minimal participation in Accountable Care Organizations (ACOs) – largely because they have not found it lucrative to be in ACOs or have been sidelined within ACOs by other provider types – has resulted in a push for change. In a joint effort aimed at enhancing the integration of long-term and post-acute…

SUD Treatment Providers Embrace Alternative Payment Models, Ditch Fee-For-Service

February 20, 2024Garrett Schmitt

Fee-for-service reimbursement models have contributed to a fragmented behavioral health industry. Substance use disorder (SUD) providers are set to evolve current reimbursement models to alternative payment systems in 2024. Alternative payment models, which include risk-bearing, bundled payments and shared savings, offer a brighter future for the industry. But taking on risk and working with payers…

Value-Based Payment Models Can Improve Appropriate And Equitable Use Of Prescription Drugs

February 20, 2024Garrett Schmitt

There has been recent policy interest in improving the affordability and access of prescription medications, including efforts to reduce disparities in access for low-income and minority beneficiaries. For example, the Inflation Reduction Act (IRA) is being implemented in response to continued concerns about drugs affordability, with a focus on reducing the price of selected drugs…

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