• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to secondary sidebar
  • Skip to footer

  • Opinion
  • Health IT
    • Behavioral Health
    • Care Coordination
    • EMR/EHR
    • Interoperability
    • Patient Engagement
    • Population Health Management
    • Revenue Cycle Management
    • Social Determinants of Health
  • Digital Health
    • AI
    • Blockchain
    • Precision Medicine
    • Telehealth
    • Wearables
  • Startups
  • M&A
  • Value-based Care
    • Accountable Care (ACOs)
    • Medicare Advantage
  • Life Sciences
  • Research

3 Underfunded Areas Essential To The Success of Value-Based Care

by Fred Pennic 11/29/2019 Leave a Comment

  • LinkedIn
  • Twitter
  • Facebook
  • Email
  • Print

3 Underfunded Areas Essential To The Success of Value-Based Care

– Third annual Top of Mind for Top Health Systems survey from the Center for Connected Medicine (CCM) reveals value-based care depends on three underfunded technologies.

– KLAS Research shows patient engagement, data analytics, and precision medicine drives better treatments, but barriers remain.

As healthcare continues to shift toward value-based care, technology that boosts patient engagement, harnesses all available data for informed decision-making and enables more effective treatments will be increasingly vital for health systems to succeed. But limited resources and lack of reimbursement for these technologies remain significant barriers, according to the third annual Top of Mind for Top Health Systems survey from the Center for Connected Medicine (CCM).

Survey Background

The Top of Mind for Top Health Systems 2020 research is designed to explore health systems’ strategies and priorities for top-of-mind health IT areas. Drawing on their market knowledge and previous research, the Center for Connected Medicine (CCM)—in consultation with KLAS Research and CCM partners—narrowed the scope of this year’s research to three areas:

1.     Patient Engagement

2.     Data Aggregation and Analytics

3.     Precision Medicine

To determine what technology health systems are deploying in these three key areas, where they are seeing success, and what obstacles need to be overcome, KLAS Research conducted the latest survey from May through August 2019. Nearly half of respondents were chief information officers, while the rest were at the executive and director level.

“Health systems are moving toward a risk-based world where they will have a bigger financial stake in better managing the health of their patients. Having access to complete patient data and analyzing it, keeping patients engaged in their health and delivering more effective treatments are essential to managing risk,” said Pamela Peele, Ph.D., chief analytics officer of UPMC Health Plan and UPMC Enterprises.

“Finding the money to deploy these important technologies, while managing the other financial pressures health systems face, is a challenge for all health care providers” continued Peele, who is a member of the steering committee for the CCM, which is jointly operated by GE Healthcare, Nokia and UPMC.

Patient Engagement

Meaningful use acted as a catalyst for many health systems to implement patient engagement technology, primarily patient portals. However, several trends have contributed to a growing demand for a broader variety of patient engagement capabilities.

Patients are increasingly demanding a digital experience on par with what they have in other, more technologically advanced industries, but adoption is still low. Organizations report that, on average, 35% of patients have adopted the technologies that are available to them, and 82% of survey-takers said their health system’s patient portal, which is commonly an extension of the electronic health record, is the dominant technology for engaging with patients.

Data Aggregation and Analytics

Effective and comprehensive data aggregation has the potential to enable better clinical decision-making and power population health management efforts, making it a top priority as health systems attempt to shift from fee-for-service to value-based care.

The ability to aggregate and analyze data from multiple sources is essential for health systems that want to produce better outcomes and reduce costs. On average, respondents reported having 71% of data from clinical sources integrated; leaders said an average of 61% of all patient data, including claims and other non-clinical data, was integrated. Limited resources, lack of data standards and poor data normalization were cited as the greatest barriers to complete data aggregation.

Precision Medicine

With its potential to improve clinical outcomes, precision medicine is a growing area of interest for health systems. However, high barriers to entry and uncertain funding models so far have limited adoption. Nearly 70% of interviewed organizations report low maturity or no deployment of precision medicine efforts. Reimbursement and earning a return on investment were cited as the biggest roadblocks to adopting precision medicine.

The full report is available here.

  • LinkedIn
  • Twitter
  • Facebook
  • Email
  • Print

Tagged With: data analytics, Electronic Health Record, GE healthcare, Health IT, Health Systems, KLAS, KLAS Report, Nokia, Partners, patient engagement, Patient Portal, Population Health, Population health management, Portal, Precision Medicine, risk, UPMC, UPMC Enterprises, Value-Based Care, Vital

Tap Native

Get in-depth healthcare technology analysis and commentary delivered straight to your email weekly

Reader Interactions

Primary Sidebar

Subscribe to HIT Consultant

Latest insightful articles delivered straight to your inbox weekly.

Submit a Tip or Pitch

Featured Insights

2025 EMR Software Pricing Guide

2025 EMR Software Pricing Guide

Featured Interview

Kinetik CEO Sufian Chowdhury on Fighting NEMT Fraud & Waste

Most-Read

2019 MedTech Breakthrough Award Category Winners Announced

MedTech Breakthrough Announces 2025 MedTech Breakthrough Award Winners

WeightWatchers Files for Bankruptcy to Eliminate $1.15B in Debt

WeightWatchers Files for Bankruptcy to Eliminate $1.15B in Debt

KLAS: Epic Dominates 2024 EHR Market Share Amid Focus on Vendor Partnership; Oracle Health Sees Losses Despite Tech Advances

KLAS: Epic Dominates 2024 EHR Market Share Amid Focus on Vendor Partnership; Oracle Health Sees Losses Despite Tech Advances

'Cranky Index' Reveals EHR Alert Frustration Peaks Midweek, Highest Among Admin Staff

‘Cranky Index’ Reveals EHR Alert Frustration Peaks Midweek, Highest Among Admin Staff

Madison Dearborn Partners to Acquire Significant Stake in NextGen Healthcare

Madison Dearborn Partners to Acquire Significant Stake in NextGen Healthcare

Wandercraft Begins Clinical Trials for Physical AI-Powered Personal Exoskeleton

Wandercraft Begins Clinical Trials for Physical AI-Powered Personal Exoskeleton

Chipiron Secures $17M to Transform MRI Access with Portable Scanner

Chipiron Secures $17M to Transform MRI Access with Portable Scanner

Abbott to Integrate FreeStyle Libre Glucose Data with Epic EHR

Abbott to Integrate FreeStyle Libre Glucose Data with Epic EHR

5 Ways New Trump Administration Tariffs Are Impacting U.S. Healthcare Now

5 Ways Trump Administration Tariffs Are Impacting U.S. Healthcare Now

iCAD, GE HealthCare Integrate to Advance Breast Cancer Detection with AI

RadNet to Acquire iCAD for $103M in All-Stock Transaction

Secondary Sidebar

Footer

Company

  • About Us
  • Advertise with Us
  • Reprints and Permissions
  • Submit An Op-Ed
  • Contact
  • Subscribe

Editorial Coverage

  • Opinion
  • Health IT
    • Care Coordination
    • EMR/EHR
    • Interoperability
    • Population Health Management
    • Revenue Cycle Management
  • Digital Health
    • Artificial Intelligence
    • Blockchain Tech
    • Precision Medicine
    • Telehealth
    • Wearables
  • Startups
  • Value-Based Care
    • Accountable Care
    • Medicare Advantage

Connect

Subscribe to HIT Consultant Media

Latest insightful articles delivered straight to your inbox weekly

Copyright © 2025. HIT Consultant Media. All Rights Reserved. Privacy Policy |