For value-based care, virtual options aren’t always beneficial, study shows

July 14, 2023acoCOVID-19, FQHCs, Telemedicine, virtual care

Tackling value-based care is crucial with the upcoming 2030 mandate by CMS. But it can be challenging for providers to deliver equitable care while hitting value-based care goals. A new telehealth study by the University of Texas McCombs School of Business found that virtual care did not significantly lower costs, or reduce the number of…

How a pandemic shines a brighter light on the need for SDoH innovation

November 26, 2021Garrett SchmittNo CommentsCOVID-19, COVID-19 pandemic, health technology, healthcare technology, pandemic, SDOH, social determinants, social determinants of health, Telehealth, Telemedicine, value-based care, vbc, virtual care

In early 2020, healthcare leaders from payers to providers to technology services providers found themselves at a crossroads—innovate or fail to care for patients. I had the privilege recently of joining a virtual roundtable with a group of healthcare leaders to talk about the transformation of patient care, engagement and outreach. The panel focused on…

RECORDED WEBINAR: Highly-Personalized Patient Experiences: The Key to an Effective Engagement Strategy

September 22, 2021Garrett SchmittNo Commentspatient data, Patient Engagement, patient experience, patient profiles, Patient Satisfaction, virtual care

Download Slides We exist in an information rich world, with data points constantly at our fingertips, and this wealth of information gives healthcare providers the opportunity to know more about their patients than ever before. With digital innovation on the rise, technologies are challenging providers to rethink healthcare delivery and appeal to patients as consumers….

Virtual Care Platforms Are Becoming Less Complex, But More Complete

August 11, 2021Garrett SchmittNo Commentshealth tech, remote patient monitoring, Telehealth, Telemedicine, virtual care

Telecommunications companies that pivoted to telehealth during the pandemic are now integrating new services into the platform to support virtual care and remote patient monitoring. The latest to do so is BlueJeans Telehealth, which was acquired by Verizon in 2020 and fine-tuned to support HIPAA-compliant virtual visits. The company announced an integration this week with…

How Payers Can Support Population-Based Payment Model Uptake

July 14, 2021Garrett SchmittNo Commentsadvanced payment models, APMs, Payers, population-based payment models, Telehealth, virtual care

As the healthcare industry gravitates toward value-based care, population-based payment models have become the golden fleece for payers, the ultimate state of value-based care payment. Unfortunately for health insurers, the healthcare industry has lagged in population-based payment uptake. Population-based payment models are models that are detached from fee-for-service reimbursement altogether, as opposed to other alternative…

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 value-based care helped our independent practice survive 2020

April 26, 2021Garrett SchmittNo CommentsCollaboration, COVID-19, independent practice, quality care, Shared Savings, Specialists, Telehealth, vbc, virtual care

When the COVID-19 pandemic began to disrupt daily life in the U.S., many medical practices were left scrambling. Patient volumes plunged immediately, non-urgent care was postponed, and no one was sure exactly how long the shutdowns and mitigation precautions would last. By late April, 97% of practices reported a negative financial impact from the pandemic,…

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