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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…

Investors Foresee Cost of Care Attribution, Payer Landscape As Thorniest Issues for Behavioral Health Value-Based Care

October 24, 2023Garrett Schmitt

Value-based care has been a buzzword for decades in behavioral health, but the bulk of providers have yet to make the leap from fee-for-service to a risk-bearing or even cost-savings model. This could be changing as payers begin to prioritize value-based care contracts. In turn, this could reshape dynamics between providers and their investor partners….

RECORDED WEBINAR: All Roads Lead to Value-Based Care, Part 2: VBC Across Payers

October 24, 2023Garrett 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…

To Advance Health Equity For Patients With Limited English Proficiency, Go Beyond Interpreter Services

October 23, 2023Garrett Schmitt

In 2023, the US witnessed the most considerable upsurge in refugee arrivals since 2017. Notably, major urban areas such as New York City and Chicago have experienced a recent influx of asylum seekers, straining city resources to provide adequate care. This has, in turn, inflamed existing debates among policy makers regarding the extension of health…

Health care organizations urge Congress to continue APM incentives

October 19, 2023Garrett Schmitt

A broad coalition of physician groups and health care organizations is calling on Congress to continue incentives for participating in advanced alternative payment models (APMs) that include financial risk. In a letter to leaders of the Senate and U.S. House of Representatives, 23 physician and health care associations and more than 600 health systems, hospitals,…

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