Mastering Value-Based Care Contracts: Strategies for Success

January 23, 2025Garrett SchmittNo CommentsACOs, CMS, vbc, Webinar

 Download Slides Discover the keys to mastering value-based care contracts in this informative webinar! Join industry experts as they delve into effective strategies for contract negotiations, year-round performance tracking, and actionable approaches to streamline contract management in value-based arrangements. Gain valuable insights into measuring and comparing performance across multiple contracts to ensure alignment with…

Medicare Shared Savings Program Continues to Deliver Meaningful Savings and High-Quality Health Care

October 29, 2024Garrett SchmittNo CommentsCMMI, CMS, MSSP

The Centers for Medicare & Medicaid Services (CMS) announced today that the Medicare Shared Savings Program (Shared Savings Program) continues to save Medicare money while supporting high-quality care. The Shared Savings Program yielded more than $2.1 billion in net savings in 2023 — the largest savings in the Shared Savings Program’s history. In addition, Shared…

RECORDED WEBINAR: Surviving and Thriving Under the Persistent Movement to Value Based Care Arrangements

July 11, 2024Garrett SchmittNo CommentsACOs, CMS, vbc, Webinar

 Download Slides Value-based care (VBC) arrangements between payers and providers continue to grow, fueled by the Center for Medicare and Medicaid’s (CMS’) ambitious goal of achieving 100% accountable care for Medicare beneficiaries by 2030. To be successful under these arrangements, provider organizations need to understand the VBC landscape and the levers they have available…

Leveraging Price Transparency Data for Provider Organizations

January 18, 2024Garrett SchmittACP, CMS, EHR

Following July 1, 2022, most group health plans and issuers of group or individual health insurance across the country are required to disclose pricing information of negotiated rates for healthcare services between insurer and provider under the new Federal Price Transparency Rule (The Rule). The stated purpose of The Rule is “empowering consumers with the…

The Payer Federal Price Transparency Rule: Overcoming Data Challenges

January 18, 2024Garrett SchmittACP, CMS, EHR

Following July 1, 2022, most group health plans and issuers of group or individual health insurance across the country are required to disclose pricing information of negotiated rates for healthcare services between insurer and provider under the new Federal Price Transparency Rule (The Rule). The stated purpose of The Rule is to “empowering consumers with the necessary…

Assessing Equity to Drive Health Care Improvements: Learnings from the CMS Innovation Center

July 6, 2023Garrett SchmittNo CommentsCMMI, CMS

Background: The Center for Medicare & Medicaid Services’ Center for Medicare & Medicaid Innovation tests service delivery models designed to improve care quality and patient outcomes while reducing or maintaining program costs. Historically, Innovation Center models were not explicitly designed to serve underserved populations, and most evaluations have not focused on health equity-related outcomes. In…

Medicare Advantage Bundled Payment Model Tied to Less Skilled Nursing Facility Use

July 3, 2023Garrett SchmittACOs, CMS, nursing homes, SNFs

A Medicare Advantage bundled payment model for hip and knee replacements offered by Humana (NYSE: HUM) was associated with reduced skilled nursing facility use. These bundled payments were also linked to reduced spending overall for lower extremity joint replacements (LEJR) – while maintaining quality of care, according to a study published in JAMA Network. Of…

Risk for Reward: Strategies Every Provider Should Adopt in Value-Based Arrangements

February 28, 2023Garrett SchmittCMS, CMS APMs, EMR

It’s no secret that something needs to be done in order to curb the unsustainable increase in Medicare spending. In 2021, overall Medicare cost grew 8.4%, or 21% of total national health expenditure, greatly exceeding the pace of economic expansion and in turn threatening the long-term financial viability of the program. The Centers for Medicare & Medicaid…

CMS releases three initiatives to grow Medicare ACO participation

January 18, 2023Garrett SchmittCMS, healthcare, healthcare providers, hospital, Medicare, MSSP

To advance its goal of having 100% of people in traditional Medicare in an accountable care relationship in seven years, the Centers for Medicare and Medicaid Services has announced three initiatives in the Medicare Shared Savings Program and the ACO REACH and Kidney Care Choices models. More than 700,000 healthcare providers and organizations will participate…

AHCA CEO: Value-Based Care ‘Most Exciting’ Development of His 30-Year Skilled Nursing Career

December 9, 2022Garrett SchmittACOs, CMS, nursing homes, SNFs

Skilled nursing providers are facing an extremely challenging operating environment, but they must keep adapting and innovating as the shift toward value-based care continues across the U.S. health care system. And in fact, providers have tremendous opportunities to seize. “Value-based care through the population health management model is the most exciting thing I’ve had the…

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