Value-based healthcare, the holy grail of American medicine, has three parts: excellent clinical quality, convenient access and affordability for all. And as with the holy grail of medieval legend, the quest for value-based care has been filled with failure. In the 20th century, U.S. medical groups and hospital systems could—at best—achieve two elements of value-based…
Just as smart industries are putting aside their paper-laden processes and embracing exciting technologies, healthcare is ditching many cumbersome manual practices—albeit at a much slower pace. As a healthcare tech CEO, I cannot wait to see our industry catch up to our peers in using artificial intelligence (AI), large language models (LLM), machine learning (ML),…
Z codes, which are ICD-10-CM codes used to identify non-medical factors that may affect a patient’s health status, are a useful way to track social determinants of health and capture standardized data for Medicare beneficiaries. However, they are underused, with Z codes reported from only 1.59 percent of beneficiaries in 2019, according to a new…