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Complimentary from the publishers of
VBP News August
2019 |
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"As the industry moves toward value, participating in risk-based models
will become a more viable option for many to ensure financial success.
Providers will need to layer on staff with more specialized skill sets
in order to more proactively address patient needs in value-based
models. The key is to appropriately evolve staffing models as
organizations shift to managing the health of their populations.”
- Chris Smedley, Vice President of Physician Enterprise
Services, Premier.
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An observational
study of 1648 US hospitals found that the hospitals adopted a mean of
7.9 out of 12 possible care coordination activities. On average,
hospital participation in an ACO was associated with the adoption of
3.07 more care coordination activities than hospitals that were not
participating in an ACO. Hospital participation in a bundled payment
program was associated with the adoption of 1.84 more care coordination
activities, than hospitals that were not participating in a bundled
payment program.
Source:
"The Adoption and Spread of Hospital Care Coordination Activities Under
Value-Based Programs," The American Journal of Managed Care, August 14,
2019.
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HIMSS19: Mercy's Data Journey to Embrace Value-based Care
As a part of Mercy Health Network's initiative to drive
value-based care, they aspired to improve their care quality,
reduce the cost of the care, and efficiently manage the
population risk. With Innovaccer's suite of solutions, they were
able to make the shift to value-based care by substantially
improving their healthcare outcomes and reducing expenditures.
By aggregating, analyzing, and activating the data, they
received valuable insights to revamp their care delivery system.
Watch the success story of Mercy ACO and get a glimpse into
their journey of transitioning to value-based care.
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PHI: 7 recommendations for states that are developing
and implementing value-based payment in home care
1. Create a strategic plan for value-based payment.
2. Build value-based payment capacity.
3. Ensure shared rewards
4. Set data- and care-related communication requirements.
5. Incorporate workforce quality measures.
Notes: based a case study for PHI entitled, "Value-Based Payment
and the Home Care Workforce: What New York Can Teach Other
States," by Allison Cook..
Source:
PHI, July 23, 2019 |
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Research: ‘Revamp MSSP Subsidies to Yield 40% Cost Savings’
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Christiana Care, AmeriHealth Partner to ‘Improve Health of Medicaid
Patients Through Value-Based Payment’
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Industry News: Humana; Mercer.
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