As interest in value-based care (VBC) grows, more health systems are turning to consultants to help them transition from a traditional fee-for-service model to VBC. More health systems invest in VBC Over the last few years, interest in VBC has accelerated and is expected to continue to grow. According to a 2022 report from McKinsey…
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…
As 2022 unfolds, it is becoming increasingly clear that health care is at a crossroads. Do we keep reacting to crisis after crisis, potentially undermining our ability to provide consistent patient care over time? Or do we start rethinking traditional care delivery models, so they become nimbler and more attuned to our patients’ needs—the clinical…
There are few silver linings related to the COVID-19 pandemic, but one that stands out is the growing recognition that health equity must be an essential guiding principle for health care organizations going forward. The broader health care system suffered greatly due to the coronavirus outbreak that has infected tens of millions and killed hundreds…
Welcome to the “Lessons from the C-suite” series, featuring Advisory Board President Eric Larsen’s conversations with the most influential leaders in health care. In this edition, Dr. Steve Klasko, CEO of Jefferson Health, talks with Eric about revelations in a Barnes & Noble, navigating “principled” growth, and how he approaches health care through an “old…
More than half of consumers are unfamiliar with value-based care, and for the ones who are aware of it, only a quarter can define the healthcare model correctly, a new study from nonprofit health plan EmblemHealth revealed. The payer surveyed 970 consumers online between August 12 and August 22, 2021, and found that there is a…
As the toll of the pandemic has continued to be evident, many are contemplating what lasting changes healthcare providers and health systems may face at the end of pandemic. But what should healthcare leaders be thinking about now to prepare their organizations for the post-pandemic environment. Staffing Review your strategy for recruiting and retaining key…
In the world of health care, change is never-ending. Politics, government regulation, scientific advancement, technology, and the economics and financing of health care foster shifts to reshape how care is delivered and how much it costs. Many of these shifts are completely invisible to us as health care consumers. But they also drive what is…