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Using patient-reported outcome measures and patient-reported experience measures to elevate the quality of healthcare

December 26, 2023Garrett Schmitt

The path to exceptional healthcare quality is understanding patients’ experiences and needs and the subsequent integration of these insights into clinical practice [1]. The importance of the patient voice is also reflected in the 2023 World Patient Safety Day theme: ‘Engaging patients for patient safety’. One way to understand patient experiences and needs is by…

Payment integrity in the age of AI and value-based care

December 22, 2023Garrett Schmitt

The payment integrity (PI) industry plays a critical role in US healthcare, ensuring that claims adjudication is accurate and that physicians and health systems are reimbursed correctly for care delivery. We estimate the $9 billion industry has grown at a 7 percent CAGR in recent years, reflecting growth in US healthcare spending and persistent complexity…

Next Steps For Engaging Specialty Care In ACO Models

December 22, 2023Garrett Schmitt

As we described in Part 1 of this article, specialty care providers have had limited opportunities to date for engagement in accountable care models, such as accountable care organizations (ACOs), despite their critical contributions to patient care. This is a missed opportunity for payment reform, given the growing breadth and reach of ACOs and the…

FQHCs Shine in Value-Based Care: MHN Partners Achieve $10M Savings and Perfect Quality Score

December 22, 2023Garrett Schmitt

What You Should Know: – Medical Home Network (MHN), a leading care enablement partner for FQHCs, announced that its partners participating in the NeueHealth Premier ACO achieved $10.1 million in gross savings and a perfect 100% quality score in the 2022 performance year. – This accomplishment, under the ACO Realizing Equity, Access, and Community Health…

Startup Guidehealth buys Arcadia’s value-based care division, plans to build out predictive, gen AI tech

December 22, 2023Garrett Schmitt

Guidehealth, a value-based care enablement startup, bought Arcadia’s managed service organization and value-based care service division to build out its tools and service for providers. Guidehealth also is partnering with Arcadia, a healthcare technology company that provides a data platform to providers and payers, to use the company’s data analytics platform to power its newly acquired offering….

Regulators adjust OneCare budget, look toward new strategy

December 21, 2023Garrett Schmitt

State health care regulators at the Green Mountain Care Board have cut the annual operating budget for OneCare Vermont for the second year in a row, citing ongoing questions about the effectiveness of the accountable care organization and how executives are compensated, as well as about what the organization’s future role in the state will…

Engaging Specialists In Accountable Care: Tailoring Payment Models Based On Specialties And Practice Contexts

December 21, 2023Garrett Schmitt

Accountable care models serve as the cornerstone of value-based approaches to expand access to well-coordinated, high-quality, and longitudinal care. Specialist engagement in these models is critical given the increasing role of specialists in managing care across the patient journey, the growing importance of specialized diagnostics and early disease interventions (such as biologics and cell and…

Will AI Continue to Demand All the Attention in 2024?

December 20, 2023Garrett SchmittAI, Artificial Intelligence

The debate is real, AI is real, but how will we use AI responsibly in healthcare innovation? Will the debate suck all the air out of the room and stifle innovation? There will be no stone left unturned with AI in healthcare in 2024. Here is what the thought leaders are saying about it. Full…

Deloitte: Improving health equity in 2024 is a top-10 goal for most execs

December 19, 2023Garrett Schmitt

More than 80% of C-suite executives from healthcare and life sciences organizations see improved health equity as a top-10 goal for 2024, a recent report by Deloitte found. The report offered a 2024 outlook for health equity across the two industries and relied on data from a survey conducted by the Deloitte Center for Health…

Exclusive: Researchers warn AI could add billions to U.S. racial wealth gap

December 19, 2023Garrett Schmitt

Researchers warn generative AI could add $43 billion annually to America’s already stark racial wealth gap over the next two decades, with Black workers also facing a higher risk of job loss thanks to automation. Why it matters: The wealth gap between Black households and white households has widened since 1980 in the U.S., where…

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