ACOs using medical home physicians save money, yield higher quality, report finds

August 8, 2018Garrett SchmittNo CommentsCost Containment, Cost Reduction, Medical Home, PCMH

Dive Brief: Medicare ACOs with a higher proportion of primary care physicians with patient-centered medical home experience were more likely to generate savings and demonstrate higher quality scores, according to the Patient-Centered Primary Care Collaborative’s (PCPCC) 2018 Evidence Report. Researchers grouped 333 ACOs into quartiles from no PCMH experience (Q1) to 43% PCMH primary care physicians…

Shorter behavioral stays save Medicaid money, but frustrate hospitals

August 1, 2018Garrett SchmittNo CommentsBehavioral Health, Cost Containment, Cost Reduction, hospital, Hospitals, Medicaid, Medicaid ACOs

The shift toward value-based payment in healthcare that countless advocates say will cut costs and improve the quality of care isn’t without its downsides. This week’s earnings show the evolution is weighing on some providers’ bottom lines. As more of Universal Health Services’ behavioral health patients move from fee-for-service Medicaid to Medicaid managed-care programs, the…

Secret team to ‘kill the old healthcare model’ launches at Florida Hospital

July 24, 2018Garrett SchmittNo CommentsCost Containment, Cost Reduction, hospital, Hospitals, vbc, VBHC

Orlando-based Florida Hospital President and CEO Daryl Tol said during a recent talk that the hospital has created a secret team called Project Fulcrum to “kill the old healthcare model,” according to the Orlando Sentinel. Here are three things to know: 1. Mr. Tol, who also serves as president and CEO of the central Florida…

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…

Cost containment is a top priority among health system executives

July 11, 2018Garrett SchmittNo CommentsCost Containment, Cost Reduction

When Rob Lazerow, a managing director at the Advisory Board Co., recently met with the executive team of a large health system, he noticed a construction project had been downsized from the prior year. The organization decided to replace its aging facilities with smaller structures, which would potentially allow it to fine-tune its staffing model…

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