New ACO Playbook: Three Touchstones For ACO Viability

May 13, 2021Garrett SchmittNo CommentsACOs, alternative payment models, community, coordination of care, Data, Fee for service, growth orientation, Hospital led ACOs, Medicare ACOs, MSSPs, physician-led ACOs, Primary Care First, Risk, technology, vbc

Some believe that an ACO’s leadership structure predicts its success. They point to differing savings results for physician-led versus hospital-led ACO shared savings models (MSSPs) to make their case. In particular, they make the argument that future Value-Based Care (VBC) policies should benefit the growth of successful physician-led ACOs, protecting them from policies that force…

Why PCPs Should Focus on Coding and Documentation in Value-Based Care Programs

May 12, 2021Garrett SchmittNo CommentsCoding, documentation, PCPs, risk adjustment, vbc

Each year, a growing number of providers are entering value-based care arrangements, including primary care providers (PCPs). Given their holistic view of patients, PCPs are the best types of clinicians to drive value-based care. Medicare’s Primary Care Transformation programs and many payer-developed value-based care contracts are proof of the move for PCPs to be at…

Training clinicians and residents to succeed in value-based care

May 12, 2021Garrett SchmittNo Commentsclinicians, Coding, documentation, education, residency, residents, subscription revenue model, technology, Telehealth, training, vbc, virtual care

As providers and payers invest in the move from volume to value, they are facing the reality that clinicians are lacking when it comes to training, education, and technology specific to enabling value-based care over fee-for-service. In order to succeed in this transition, practicing clinicians and emerging residents need hands-on support and investment to evolve,…

How social determinants of health can enable value-based care

May 7, 2021Garrett SchmittNo CommentsSDOH, vbc

It has been clear for years that social determinants of health (SDOH) – factors such as education, economic and housing stability, community support, and access to transportation – have a disproportionate impact on health outcomes. Research shows that SDOH accounts for up to 80% of health outcomes, while medical care – which costs the U.S….

New Opportunities for Provider Collaboration Stark and Anti-Kickback Statute Standards for Value-Based Care, Part 2: Creating a Value-Based Enterprise

May 6, 2021Garrett SchmittNo Commentsprovider collaboration, vbc

The first step in qualifying to meet the requirements of a value-based Stark exception or a valuebased Anti-Kickback Statute safe harbor is that the parties establish a “value-based enterprise.” The concept of a value-based enterprise is very definitionally driven, so before attempting to create a value-based enterprise it is imperative to fully understand the regulatory…

ABCs of VBC: CMS Value-Based Initiatives – A Current Review and Future Perspective

May 3, 2021Garrett SchmittNo CommentsACOs, Advanced Alternative Payment Models, Answers Media Network, Azara Healthcare, BPCI, CMS, David Smith, direct contracting, Medicaid, Medicare, MIPS, Third Horizon Strategies, vbc

Industry expert David Smith, Founder and CEO of Third Horizon Strategies, provides an overview of CMS’s value-based initiatives with specific perspectives on the new administration’s Medicare/Medicaid philosophy, the rise of complex care management, and Medicaid Advanced Payment Models. He also shares an update on the core CMS payment models including MIPS, ACOs, and BPCI, as…

New Opportunities for Provider Collaboration Stark and Anti-Kickback Statute Standards for Value-Based Care, Introduction

May 3, 2021Garrett SchmittNo Commentsprovider collaboration, vbc

In November of 2020 the Centers for Medicare & Medicaid Services (“CMS”) finalized value- based exceptions under the Stark Law and the Office of Inspector General (“OIG”) finalized value- based safe harbors under the Anti-Kickback Statute, in an effort to accommodate and facilitate the evolution of value-based care arrangements among health care providers. “Value-based care”…

New ACO Playbook: Can Coordination Of Care Save Enough Money To Save ACOs?

April 29, 2021Garrett SchmittNo CommentsACOs, care coordination, care plans, care teams, CMS, CMS Innovation Center, coordination of care, data organization, direct contracting, Medicare, organization of care, Primary Care First, savings, Shared Savings, vbc

Central to the controversy about ACOs’ potential for Value-Based Care is whether they actually save enough money and reduce costs fast enough. Researchers and advocates have produced various independent studies of ACO savings, the most generous estimating $1.8 billion in cumulative savings over the first three years of the program, almost double CMS estimates. Many…

Focus on Quality in Value-Based Care Could Impact Hospice M&A

April 28, 2021Garrett SchmittNo CommentsCMS, hospice, Medicare Advantage, private equity investors, vbc

A robust hospice mergers and acquisitions market is showing no signs of slumping as interest among strategic buyers and private equity investors ramps up. A provider’s performance within evolving value-based payment models may become a factor that potential buyers consider when eyeing a hospice acquisition, particularly as it pertains to their quality and outcomes data….

In Providers’ Words: What’s Working and What’s Not in Value-Based Care Today

April 27, 2021Garrett SchmittNo CommentsACOs, APMs, benchmarks, care coordination, CIN, CMS, congress, evidence-based care, FFS, Integrated Health Partners, legislature, MACRA, MIPS, Next Generation ACOs, Payers, SNFs, specialist incentives, Telehealth, vbc

Earlier this month, Premier hosted a panel on value-based care (VBC), with providers from across the healthcare continuum discussing its merits and pitfalls. In attendance were members of Congress and their staffers to hear how precisely VBC has been effective and policy changes needed to continue its forward progress. One message came through above all…

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