VBP Bulletin
  Complimentary from the publishers of VBP News                                December 2020  
     
  Sponsor Message  
Quote
  "No one should ever face a surprise medical bill that can lead to financial ruin. While we continue to analyze the bill in all its complexities, we continue to believe strongly that any real solution must be clear and straightforward for consumers, and must protect patients by relying on fair, market-based prices based on locally negotiated rates – without loopholes. That’s how to ensure their healthcare costs remain more affordable."
- Matt Eyles, CEO and President, America’s Health Insurance Plans

 
Factoid
  PwC found that in the second quarter of 2020, nearly 25% of insurers had risk-based capital ratios of 800% or higher, indicating a strong capital position. The average risk-based capital ratio for the sector grew from 616% in 2019 to 690% in the second quarter of 2020.

Source: Value Based Payment News, Volume 5 Issue 24, December Second Edition 2020, "PwC: Provider Entities Operating Plans, VBP Programs ‘Better Positioned for 2021’."
 
 
HealthSprocket List
 
Institute for Medicaid Innovation: Most Common Operational Barriers in VBP/APMs, as Reported by Medicaid MCOs in 2019

1.
Data reporting to providers: 86% of Medicaid MCOs
2. IT system preparedness: 71% of Medicaid MCOs
3. Support to providers to make determinations on VBP/APM: 71% of Medicaid MCOs
4. Tracking quality and reporting within new structure: 71% of Medicaid MCOs
5. Contract requirements on VBP/APM approaches: 50% of Medicaid MCOs
6. Pricing VBP/APM: 43% of Medicaid MCOs
7. Other (e.g., development of an online, secure document exchange portal, delivery model readiness): 14% of Medicaid MCOs
8. None: 7% of Medicaid MCOs.

Notes: MCOs are Managed Care Organizations; VBP is value-based payment; APMs are alternative payment arrangements.

Source: "Medicaid Access & Coverage in 2019," Institute for Medicaid Innovation, December 2020
     
 
Healthshare TV
 
How cutting off subsidy payments to insurance companies would affect Obamacare 2020 Symposium The Future of Health Care

Caravan Health held its 5th annual Accountable Care Symposium on December 7-10. The Future of Health Care session was led by Patty Ballman, Program Director at Caravan Health and Dr. Von Nguyen, SVP/CMO at Blue Cross and Blue Shield of North Carolina. Hear about how BCBC is opening new doors in the Tarheel State to innovate care in the ACO.

 
 
  Check out HealthshareTV, the home for health care videos 
 
 
 
Insights
  Congress Fixes Alternative Payment Model Incentives in Year-End Bill
National Association of ACOs, December 21, 2020
 
     
  Building a Better Clinician Value-Based Payment Program in Medicare
JAMA Network, December 18, 2020
 
 
     
  CMS extends data submission deadline for quality, value-based reporting
Becker's Hospital Review, December 18, 2020
 
 
     
  PwC: Providers with health plans & VBC deals in good position into 2021
FierceHealthcare, December 16, 2020
 
     
  Theresa Hush: 7 New Value-Based Health Care Directions You’ll See In 2021
Roji Health Intelligence, December 10, 2020
 
     
  CMS announces new Geographic Direct Contracting model to advance VBC
Healthcare Finance, December 3, 2020
 
     
  Improving Value-Based Payment
The Milbank Quarterly, November 30, 2020
 
     
  Reimagining Patient Engagement in a Value-Based Care Delivery System
PatientEngagement HIT, November 30, 2020
 
     
  Connecticut launches bundled payment program
Becker's Hospital Review, November 24, 2020
 
     
  The case for value-based pricing for COVID-19 vaccines, therapies
FierceHealthcare, November 19, 2020
 
     
What's News
 
Establishing Minimum Standards in Medicaid State Drug Utilization Review
Centers for Medicare & Medicaid Services, December 21, 2020
 
Radiology in the Era of VB Healthcare: A Multi Society Expert Statement
Journal of the American College of Radiology, December 21, 2020 
 
Humana Announces New Primary Care Value-Based Model
Business Wire, December 10, 2020 
 
Equality Health Expands Value-based Care Model into Texas
PR Newswire, November 23, 2020
 
CMS selects primary care payment model participants
Becker's Hospital Review, November 23, 2020
 
HHS Makes Stark Law & Anti-Kickback Statute Reforms to Support VBC
U.S. Department of Health and Human Services News Release, November 20, 2020
 
 
This Month in VBP News
 
 

In this month's first issue:

  • Washington DC Watch: AHIP Blames 'Big Pharma' for 'Out of Control Drug Prices'; 160+ Signatories Ask Congress to 'Save Value-Based Payment Incentives'
  • Social Determinants of Health: Change Healthcare Launches SDOH Analytics 'To Help Improve Patient Outcomes'; AHIP Report Details Individual Plans' SDOH Telehealth Strategies
  • Industry News with briefs regarding: Providence Southern California Joins Anthem's Vivity as JV Partner; Community Care Physician Network Now Part of Blue Cross NC's Premier Value-Based Care Program; St. Luke's Health Partners, Humana in ID Value-Based Agreement)’

In this month's second issue:

  • Washington DC Watch: Politicians Claim Bill 'Protects Patients;' AHIP Isn't Buying It
  • PwC: Provider Entities Operating Plans, VBP Programs 'Better Positioned for 2021'
  • Industry News with briefs regarding: Aledade, Regences Collaborate to 'Enhance Rural Primary Care'; Humana Unveils 'New Primary Care Value-Based Model'; Cincinnati Children's partners with CareSource to create a coordinated care model

Click here to view a brief (under 2 minutes) video with more information

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