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…

No return to the status quo: Why now is the time for value-based change

October 12, 2021Garrett SchmittNo CommentsCoronavirus, COVID-19, COVID-19 pandemic, European Alliance for Value in Health, healthcare reform, pandemic, resilience, value-based care, value-based change, vbc

COVID-19 offers a “unique opportunity” to build healthcare systems that are both agile enough to deal with future crises and strong enough to overcome existing challenges. That’s according to a new policy paper from the European Alliance for Value in Health. Health Systems after COVID-19: Building Resilience Through a Value-Based Approach argues that instead of…

Population Health and Data Analytics Strategies for Value-Based Care

October 8, 2021Garrett SchmittNo CommentsData, Data Analytics, data quality, health data, healthcare data, Interoperability, Population Health, value-based care, vbc

Healthcare is increasingly reliant on data analytics strategies. Population health measures are no exception, as they depend heavily on analytics to monitor metrics for large groups of patients, fill gaps in care, and improve health outcomes. But findings from the latest Insights report revealed that many of these population health efforts are in their infancy….

Healthcare at the Crossroads: Value-Based Care and Interoperability

October 7, 2021Garrett SchmittNo CommentsCAQH, CARIN Alliance, CMS, Council for Affordable Quality Healthcare, Da Vinci Project, EDI, Electronic Data Interchange, interoperabiity, Interoperability and Patient Access Rule, LTSS, patient access, patient health outcomes, value-based care, value-based healthcare, vbc, WEDI, Workgroup for Electronic Data Interchange

Amid the difficulties of the last year, a bright spot has emerged that may provide a strong indication of renewed movement toward the transformation of the healthcare industry that we know today. Value-based care, a model that rewards better patient health outcomes, has experienced a surge in interest amid heightened consumer awareness and among payers seeking to lower costs…

Value-Based Payment Models May Help Hospitals Prepare for Surges

October 7, 2021Garrett SchmittNo CommentsCoronavirus, COVID-19, COVID-19 pandemic, hospital surges, Hospitals, pandemic, payment models, value-based care, value-based payment, value-based payment models, vbc

Hospitals and health systems can implement value-based payment models to ensure preparedness for seasonal and pandemic capacity surges, according to industry experts. Hospitals experienced increased demand for tangible resources and staff during the COVID-19 pandemic, demand health systems typically only face during peak flu season. Unlike organizations in other industries, hospitals and health systems tend to lose…

FLASH INTERVIEW — Healthjump — October 2021

October 7, 2021Garrett SchmittNo CommentsACO, ACOs, aggregated datasets, Data, data integration, data processes, data processing, datasets, EHR, EHR systems, health data, health tech, health technology, healthcare data, Healthjump, historical health data, Interoperability, normalization, transactional data, transactional health data, value-based care, vbc, Workflow

 Healthjump is a data extraction, normalization, and interoperability platform purpose-built to deliver both transactional and historical health data from EHR systems. With Healthjump, users can easily connect and extract EHR data, automate data processes, access aggregated datasets, and instantly integrate data into products or workflows. Healthjump uses top-notch technology and support to simplify interoperability…

Using digital health to improve health outcomes and equity

October 5, 2021Garrett SchmittNo CommentsCoronavirus, COVID-19, COVID-19 pandemic, digital health, health equity, health outcomes, SDOH, value-based care, vbc

COVID-19 pandemic fatigue has many people seeking a return to normalcy. But health care needs a new normal—one that achieves better health outcomes for more people. Wishing for a return to health care’s old normal is like driving into a long tunnel hoping for a U-turn that takes you back to where you started. Multiple…

FLASH INTERVIEW — HealthEC — October 2021

October 5, 2021Garrett SchmittNo CommentsACO, ACOs, advisory services, CareConnect, clinically-proven, community health, community-based resources, Dr. Sanjay Seth, HealthEC, KLAS, Population Health, Population Health Management, value-based care, value-based healthcare, vbc

 HealthEC offers a KLAS-recognized, end-to-end population health management platform designed to help ACOs succeed with value-based care. Our HealthEC CareConnect® generates personalized, clinically-proven plans that enable teams, including community-based resources, to deliver patient-centric care. Advisory services are also available to guide our ACO partners in defining their strategic goals as they transition from volume…

Advocate Aurora’s ACO Success Is Setting Up Value-Based Healthcare

October 4, 2021Garrett SchmittNo CommentsACO, ACOs, Advocate Aurora, Medicare, Medicare Shared Savings Program, MSSP, value-based care, value-based healthcare

Accountable care organizations (ACOs) participating in the Medicare Shared Savings Program had a record performance year in 2020. The ACOs saved Medicare $4.1 billion while achieving an average quality score of 97.8 percent. One of the health systems participating in the program—Advocate Aurora Health—led the nation in savings and quality. Advocate Aurora’s affiliated ACOs generated $110 million in…

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