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Value-Based Payment Models Driving Nonprofit Hospice Affiliations

November 3, 2023Garrett Schmitt

As hospices prepare for Medicare Advantage, more nonprofits are finding that creating partnerships or entering affiliations will better position themselves for payer negotiations. Nonprofit hospice affiliations have surged in 2022 and 2023. This is in addition to the creation of several regional collaborative networks and the formation of new Accountable Care Organizations (ACOs). The gradual…

Why Physicians in ACOs Are Happier With Their Compensation

November 2, 2023Garrett Schmitt

Only 21% of primary care physicians feel they are fairly compensated, according to a new report released by Pearl Health, a tech company that helps independent physician practices participate in value-based care models. For the report, the company collected survey responses from 202 primary care physicians from July 11 to October 9. Recent data shows…

RECORDED WEBINAR: Leveraging real-time data to optimize placements, maximize reimbursements, and improve collaboration

October 31, 2023Garrett SchmittNo CommentsACOs, vbc, Webinar

 Download Slides Join Thomas Martin, Senior Director of Data Insights at WellSky and Devin Woodley, Vice President of Managed Care Contracting at VNS Health, as they explore the characteristics of successful home health agencies and how performance measures such as quality ratings, response times, and readmission rates influence referral decisions. In this session, Devin…

How Can APM Participants Better Engage Community-Based Organizations?

October 30, 2023Garrett Schmitt

As they gain experience with alternative payment models, how can healthcare executives do a better job of partnering with community-based organizations (CBOs) to address patients’ health-related social needs and decide what is meaningful to measure? A panel of innovators at the Health Care Payer Learning & Action Network (LAN) Summit in Washington, D.C., described their…

Information blocking could affect provider payment, MIPS and MSSP participation

October 30, 2023Garrett Schmitt

Providers face monetary disincentives for violating information blocking, under a proposed rule released today by the Department of Health and Human Services. The proposed rule, with 60-day comment period, would establish disincentives for healthcare providers found by the HHS Office of Inspector General (OIG) to have committed information blocking. This is when a provider knowingly and…

Collaboration Is Key to Execute Value-Based Care for Patients With Cancer

October 27, 2023Garrett Schmitt

Value-based care is often discussed in the context of oncology, where care does not come cheap and its associated toxicities—both financial and clinical—can have a substantial impact on patient quality of life. But efficient collaboration among primary care providers, oncologists, and other care team members is crucial to ensure patients with cancer receive the best…

Five Steps To A Maternity Value-Based Payment Demonstration That Advances Racial Equity

October 27, 2023Garrett Schmitt

Recent data indicate that the US is still lagging behind peer countries on maternal health and well-being, with comparatively worsened maternal mortality, preterm birth, chronic disease burden, and unaffordable health care costs among birthing people. Related inequities in severe maternal morbidity, preterm birth, neonatal intensive care unit (NICU) admission, and postpartum readmission only tell part…

Family Physicians with Value-Based Payment Models Relieve Burnout

October 25, 2023Garrett Schmitt

What You Should Know: – Independent research reveals family physicians with 75% revenue derived from value-based payment models decrease burnout symptoms, according to a new study from Elation Health, and American Academy of Family Physicians (AAFP) Innovation Lab. – The goal of the study, conducted by surveying 10 primary care practices of varying sizes, was to…

How Will CMS’S V28 HCC Model Impact RAF Scores?

October 25, 2023Garrett SchmittNo CommentsRural, SDOH, SNF

The Centers for Medicare & Medicaid Services (CMS) introduced the Risk Adjustment Factor (RAF) model in 2004, which was designed to estimate future healthcare costs for patients. RAF scores are a critical component of value-based care, as they help predict healthcare resource utilization while adjusting for quality and costs for patients. With the introduction of the v28 HCC…

Three quarters of ACOs in direct contracting model earned savings

October 24, 2023Garrett Schmitt

The Global and Professional Direct Contracting Model for Performance Year 2022 saved the Centers for Medicare and Medicaid Services $371.5 million and saved direct contracting entities $484.1 million, according to the agency’s first evaluation report of the model. This represents an increase from $70.4 million in savings to CMS and $46.5 million in net savings…

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