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Readmission prevention starting at admission

July 20, 2018Garrett SchmittNo CommentsReadmission, Readmissions

Reducing readmissions is every hospital’s goal, but “There is a component of readmissions that has very little to do with hospital care,” said Amy Deutschendorf, MS, RN, vice president for care coordination and clinical resource management for the Johns Hopkins Health System. She groups the common causes of readmissions into five categories: 1) poor care…

MedPAC Report Offers Strong Endorsement of Hospital-Based ACOs

July 18, 2018Garrett SchmittNo Commentshospital, Hospitals, MedPAC

Medicare ACOs are designed to slow growth in Medicare spending and improve the quality of care delivery. Since the first ACOs were established in 2012, there has been a persistent question of whether the population health management and wellness measures employed by ACOs will result in fewer inpatient stays and lower hospital revenue. Can ACO participation be worth the financial risk for inpatient hospitals?   Ultimately, no hospitals would be willing to join an ACO if lower revenue put the…

CMS Administrator Seema Verma Pledges to Cut Provider Burden

July 17, 2018Garrett SchmittNo CommentsBurnout, CMS, MIPS, Seema Verma

In a letter addressed to doctors, CMS Administrator Seema Verma reaffirmed the federal agency’s commitment to “turning the tide” of rising rates of physician burnout and reducing clinical documentation requirements to cut provider burden. “From reporting on measures that demand that you follow complicated and redundant processes, to documenting lines of text that add no…

Overcoming health-care challenges by moving from volume to value

July 17, 2018Garrett SchmittNo CommentsCMS, VBA, VBAs, VBHC

While we served in different administrations, we faced similar challenges in trying to improve the nation’s health-care system. The basic goal was to improve the quality of the care delivered and moderate the costs. While there are several key reforms that will help us address this challenge, one idea that nearly all health leaders in…

ACOs With Risk-Bearing Experience Are Likely Taking Steps to Reduce Low-Value Medical Services

July 17, 2018Garrett SchmittNo CommentsACOs, Cost Containment, Cost Reduction, low value, Risk, Risk Bearing, Survey

ABSTRACT: Objectives: Accountable care organizations (ACOs) are groups of healthcare providers responsible for quality of care and spending for a defined patient population. The elimination of low-value medical services will improve quality and reduce costs and, therefore, ACOs should actively work to reduce the use of low-value services. We set out to identify ACO characteristics…

Should CMS Push ACOs Into Two-Sided Risk?: Part II

July 17, 2018Garrett SchmittNo Comments

In a previous post, we examined how accountable care organizations (ACOs) would be impacted by a policy requiring a move to two-sided risk after the expiration of their current three-year term, along with the arguments for allowing ACOs to remain in one-sided risk in the Medicare Shared Savings Program (MSSP). In this, the second in…

Should CMS Push ACOs Into Two-Sided Risk?: Part I

July 16, 2018Garrett SchmittNo CommentsCMS, Downside Risk, MedPAC, Regulation, Risk, risk management

The Medicare Shared Savings Program (MSSP), now in its sixth full performance year, is at a significant crossroads. In creating the MSSP, Congress envisioned that Medicare accountable care organizations (ACOs) could moderate Medicare spending and improve quality of care by providers taking greater responsibility for costs and quality. While MSSP ACOs have clearly improved the…

Supporting the Independent Practice in a Value-Based Care System

July 16, 2018Garrett SchmittNo CommentsAdvanced Alternative Payment Models, APM, APMs, EHR, Independent, Independent Practices, MIPS, QPP, Stark Law

Value-based care is touted as a way of incentivizing providers to achieve the triple aim: delivering high quality care, improving population health management, and lowering healthcare costs. While shifting from a fee-for-service model to a value-based care system has the potential to improve patient health outcomes and save healthcare organizations money, the transition from the…

Doctors worry CMS proposals will slow the move to value-based pay

July 14, 2018Garrett Schmitt1 CommentAHA, AMGA, CMS, MACRA, MIPS, Physician comp, Physician Compensation

An avalanche of new pay proposals from the CMS seeks to reduce provider burden, so much so that it could undermine efforts to shift Medicare to a value-based system, doctors warned. The agency released a 1,400-page proposed rule July 12 that for the first time combined the annual physician fee schedule and the Medicare Quality…

‘Value-based’ insurance gets people to take their medicine

July 13, 2018Garrett SchmittNo CommentsInsurance, Medication, Value Based Insurance, VBHC

When insurance plans charge patients less for the medicines that help them most, patients are more likely to take them, according to a new article. Taking a medicine every day in the hopes that it will prevent some long-range potential health catastrophe—like a heart attack or kidney failure—isn’t easy. Many people skip doses, or don’t…

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