RECORDED WEBINAR: How Medicare Advantage Plans and ACOs Can Better Manage Risk in a Value-Based World

June 11, 2020Garrett SchmittNo CommentsMA, medical advantage, Webinar, webinars

 Managing risk requires collaboration among the clinical and operations teams to develop effective approaches to improving the quality and cost of care. Experienced Medicare Advantage plans can share valuable lessons with organizations interested in improving their ability to meet clinical and financial performance targets, and managing downside risk. Join us for a discussion with…

Risky Business: ACO checklist for 2020 includes embracing new payment models and physician re-engagement

January 3, 2020Garrett SchmittNo CommentsMA, medical advantage, pathways, Pathways to Success

The term accountable care organization (ACO) dates back to at least 2006. The Affordable Care Act then made ACOs a fast-growing trend thanks to the Centers for Medicare and Medicaid Services (CMS) launching its Shared Savings Program in 2012. Since then, ACOs have been at the forefront of the value-based care model transition, taking incremental steps…

MA value-based plan enrollment tripling for 2020

December 20, 2019Garrett SchmittNo CommentsMA, medical advantage

Dive Brief: The number of Medicare Advantage members enrolled in plans with value-based payment designs more than tripled from 2019 to 2020, CMS said Thursday. Approximately 1.2 million beneficiaries joined plans in the Value-Based Insurance Design Model for coverage next year offered by 14 MA organizations across 30 states and Puerto Rico. That’s up from…

Treat ACOs And MA Plans Equally? By All Means

November 13, 2019Garrett SchmittNo CommentsMA, Medicare Advantage

The Centers for Medicare and Medicaid Services (CMS) recently announced that Accountable Care Organizations (ACOs) saved Medicare $739.4 million in 2018, up from $314 million in savings the year before. Those savings were achieved despite policies that Rooke-Ley and colleagues argue in a recent Health Affairs Blog post disadvantage ACOs relative to Medicare Advantage (MA) plans. Their analysis concludes that ACOs cut costs…

The Hedge Bet For Risk Is Patient Experience

October 16, 2019Garrett SchmittNo CommentsMA, medical advantage

Creating a good Patient Experience in health care has gained little traction, despite being touted as one of the Triple Aim’s key goals in Value-Based Health Care. Health systems have been more focused on how to increase patients via health plan negotiations and consolidating regional providers, rather than focusing on the slower paced process of…

ACOs Save More Compared to Medicare Advantage, Report Finds

August 21, 2019Garrett SchmittNo CommentsMA, medical advantage

The Medicare Shared Savings Program, which governs the majority of Medicare accountable care organizations (ACOs), and Medicare Advantage are gaining in popularity. But the former is saving taxpayers, while the latter is incurring costs, a new report in Health Affairs finds. “Our examination of the literature indicates that Medicare Advantage ‘costs’ Medicare; that is, when a beneficiary joins MA,…

Medicare Advantage And The Future Of Value-Based Care

July 3, 2019Garrett SchmittNo CommentsMA, Medicare Advantage

The Medicare Advantage (MA) program, which allows Medicare beneficiaries to voluntarily enroll in a private plan that administers health benefits, was established by the Balanced Budget Act (BBA) of 1997 as a vehicle to bring private-sector competition and innovation to Medicare beneficiaries. When the program was announced, the goal was to create greater competition on…

Medicare Advantage industry sees slower growth for 2019

January 16, 2019Garrett SchmittNo CommentsMA, Medicare Advantage

Medicare Advantage insurers added 1.4 million members to their rosters for 2019 coverage, as they looked to grow membership in a market known for being politically safe and predictably lucrative. But Advantage membership is growing at slower pace compared with previous years. According to the latest federal data showing enrollment as of this month, 22.4…

How to Address Medicare Advantage Beneficiary Disenrollment

July 26, 2018Garrett SchmittNo CommentsDisenrollment, MA, MADP, Medicare Advantage

Medicare Advantage is a growing market and an attractive opportunity for payers to offer quality plans to older beneficiaries.  Competition is increasing in the MA environment, and beneficiaries have more options than ever to meet their coverage needs. With more choice comes higher rates of disenrollment as members select the most valuable plans for their…

New Medicare Advantage rules hold big potential for pop health

June 13, 2018Garrett SchmittNo CommentsCMS, MA, Medicare Advantage

Payers will now be able to work with companies like Uber or Lyft to provide transportation, for example, as part of a more complete set of benefits for the quickly growing MA population. CMS issued a final rule in May giving MA plans more flexibility in determining the types of supplemental benefits they can offer chronically…

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