CMS Innovation Center Strategic Refresh Emphasizes Value-based Payment Models and Health Equity

November 11, 2021Garrett SchmittNo CommentsAffordable Care Act, Center for Medicare and Medicaid Innovation, CMMI, CMS, CMS Innovation Center, health equity, Medicaid, Medicare, payment models, Putting All Patients at the Center of Care, SDOH, strategic refresh, value-based, value-based care, value-based payment models, vbc

Recently, the Center for Medicare and Medicaid Innovation (CMMI) introduced their strategic refresh “Putting All Patients at the Center of Care” to support broader, more equitable, and outcome-based healthcare delivery transformation while streamlining current and future payment models. Since its inception in 2010 as a part of the Affordable Care Act, CMS has launched over 50 innovation/pilot…

The 2022 CMS PFS And QPP Final Rule: A Warning Shot To Provider Holdouts Of Value-Based APMs

November 10, 2021Garrett SchmittNo Comments2022 Physician Fee Schedule, alternative payment models, APMs, CMS, Medicare, Medicare Physician Fee Schedule, PFS, Physician Fee Schedule, value-based APMs, value-based care

CMS has released the 2022 Physician Fee Schedule and Quality Payment Program (QPP) Final Rule, and the message of these 2,414 pages is clear: CMS wants to push providers into value-based care arrangements. That intent was foreshadowed by the Proposed Rule released over the summer, which confirmed our predictions of trends under the Biden administration. Specifically, we saw a push…

A Trio of Value Based Care Surveys Indicate Technology Opportunities to Address Administrative Challenges

November 10, 2021Garrett SchmittNo Commentsadministration, CMS, CMS APMs, Commercial Contracts, DEC, Direct Employer Contracted, healthcare administration, healthcare technology, managed Medicaid, Medicaid, Medicare, Medicare Advantage, surveys, technology, value-based care, vbc

The Guidehouse Center for Health Insights has just released analysis of an executive survey in conjunction with HFMA, the 2021 Risk-Based Healthcare Market Trends, that found health systems appear to be going big into risk sharing in 2022, with these percentages of respondents planning to advance into upside/downside risk sharing, professional capitation or global capitation for:…

62% of Consumers Unfamiliar with Value-Based Care, Study Finds

October 25, 2021Garrett SchmittNo CommentsACOs, consumer education, consumers, healthcare, healthcare consumers, healthcare education, healthcare industry, Patient Education, patients, value-based care, vbc

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…

RECORDED WEBINAR: CCM & PCM: Netting Higher Patient Outcomes and Increased Financial Incentives

October 20, 2021Garrett SchmittNo CommentsCCM, Chronic Care, Chronic Care Management, financial incentives, patient outcomes, PCM, Principal Care Management, value-based care, vbc

Download Slides Salient Healthcare will discuss the importance of Chronic Care Management (CCM) and Principal Care Management (PCM) initiatives.   In this webinar you’ll learn: – How properly utilizing CCM and PCM services can benefit patients, providers, and value-based organizations – How to implement improvements in your CCM/PCM workflow – How to quickly analyze your…

Key Characteristics for Successful Downside Risk Contracting

October 15, 2021Garrett SchmittNo Commentscontracting, downside risk contracting, healthcare payers, KLAS, Payers, Population Health, Population Health Management, Risk, risk contracting, risk management, value-baed reimbursement, value-based care, value-based contracting, VBR

Organizations that do strong vendor relationships, invest in the organization, and are willing to take on commercial risk will be poised to take on downside risk financial contracts. Through working with population health management vendors, KLAS released a recent report identifying which of their customers are most advanced in adopting downside risk contracts. In the…

Defining Patient Engagement for Value-Based Care

October 14, 2021Garrett SchmittNo Commentschronic disease management, chronic diseases, chronic illness, health equity, Patient Engagement, patient experience, patient outcomes, Patient Satisfaction, patients, preventative care, SDOH, social determinants of health, value-based care, vbc

Value-based care, the care delivery and reimbursement reform movement that emphasizes outcomes over volume of services rendered, could not be successful without strong and meaningful patient engagement. Defined by the Centers for Medicare & Medicaid Services as programs that “reward health care providers with incentive payments for the quality of care they give to people with…

Physician groups warn nearly 10% in Medicare cuts could stall shift to value-based care, force staff cuts

October 13, 2021Garrett SchmittNo CommentsAmerican Medical Group Association, AMGA, healthcare reform, Medicare, MSSP, physicians, value-based care, vbc

Several medical groups say a new round of cuts to Medicare payments set to go into effect in 2022 will derail their move to value-based care and impact hiring of new staff. Medical groups spoke about the need for Congress to avert a series of cuts during a briefing on Tuesday sponsored by the American…

Better Value-Based Care Means Fewer Nursing Homes, Summit Eldercare VP Says

October 13, 2021Garrett SchmittNo Commentshealthcare reform, home care, Home Health, nursing homes, SNFs, value-based care, vbc

A leader from PACE program Summit Eldercare believes there should be at least half the number of nursing homes in the country, in order to adequately provide value-based care. Instead, prospective SNF residents would be better served in community housing options. This is coupled with a trend Summit Eldercare is seeing among the SNFs it…

EmblemHealth Study Finds that the Healthcare Industry Needs to Do More to Educate Consumers on Value-Based Care

October 12, 2021Garrett SchmittNo Commentshealthcare education, Patient Education, Patient Engagement, patient outreach, patients, Survey, value-based care, vbc

EmblemHealth, one of the nation’s largest nonprofit health insurers, released its findings today in a national survey of what Value-Based Care means to patients and consumers. The national study found that only one in four consumers are aware of the term “Value-Based Care,” and of those, only a quarter can define it accurately. These results…

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