Just before the COVID-19 pandemic emerged, 48% of healthcare providers surveyed said three-quarters of their organization’s payments were grounded in fee-for-service models of care. Fast forward a year and the financial aftershocks of the pandemic have highlighted some of the benefits of value-based models for providers as well as health plans and consumers.
Despite the benefits of incentive-based payment models in healthcare, including indications that it may reduce readmissions and
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Health IT & Digital Health-Opinion | Op-Eds | Guest Columns | Analysis, Insights - HIT Consultant
Applying A Hedge Fund Mentality for Investing in Social Determinants of Health
While I am a practicing clinician, I am a firm believer that improvements in healthcare most often come from borrowing the best ideas from other business models. For example, I have sometimes borrowed from software company and payer colleague insights to describe value-based care (VBC) reimbursement as a subscription model. This model would provide more consistent revenue and allow organizations to better weather challenging times like a pandemic. For providers, this would allow freedom from the
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4 Common Pitfalls of Remote Patient Monitoring to Avoid
COVID-19 created a colossal opportunity for health plans and providers to reimagine how they engage with patients. With patients apprehensive about going to the doctor during the pandemic, it became even more vital to keep track of their health in between visits. This is where remote patient monitoring (RPM) becomes critical to every payer and provider’s virtual health strategy. RPM uses digital technologies to collect data about symptoms, medications, treatment, and biometrics from individuals
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What Population Health Management Providers Need to Know About HITRUST CSF Certification
Healthcare companies continue to implement value-based care and population health management initiatives to coordinate healthcare delivery and improve the quality and value of patient care. These initiatives depend on the ability to access, aggregate, and analyze massive amounts of patient data, often coming from hundreds of source systems. Critical system interoperability and data-sharing agreements enable healthcare organizations to aggregate data and build massive data assets to support their
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As CMS Delays CHART, Rural Providers Need to Take Value-Based Care into Their Own Hands
The answer to solving a healthcare crisis that exacerbates barriers to care among some of the most vulnerable patient populations in the country is staring us in the face. For rural hospitals straining under the weight of erratic patient volumes, sicker populations and lack of funding, the path forward is in value-based care. But providers can’t stand idly by waiting for the government to step in and help them make that change. They need to save themselves.
That may sound like a big lift for
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Can Technology Improve How We Treat (or Prevent) Chronic Conditions?
The prevalence of chronic disease in the United States will increase over the next several decades among all age groups, as will the associated care costs, and physical, mental and social consequences. Major obstacles to effective chronic care management (CCM) include:
- Patients rarely suffer from a single chronic condition at the time of their diagnosis1. They are given multiple prescriptions and treatments with differing instructions and guidance, which is overwhelming and can lead to
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Making Telehealth Accessible to Underserved Communities Requires a Multifaceted Approach
Over the last year, people across the U.S. have adopted telehealth in record numbers, signaling what people in the industry have long believed — virtual doctor visits and prescription delivery has the potential to truly increase access to high-quality, convenient care.
The meteoric rise of telehealth has also come with its challenges, one of the biggest being equity. A recent study published in the American Journal of Preventive Medicine details that the people who use telehealth in the
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How to Bolster EHR Efficiency and Access to Offer Better Patient Care
Over the past few decades, technology has advanced health care in incredible ways. Between robotic surgery, training through augmented reality, and the use of wearables to enhance health data, the industry has embraced numerous advances to improve patient care.
However, the industry’s relationship with technology hasn’t always been seamless. While doctors and nurses work diligently to keep patients informed, more than 50% of clinicians suffer from regular burnout. The leading culprit?
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Telehealth Averted Healthcare Collapse During COVID – Will Inertia Kill Further Adoption?
Major, deep-rooted problems in the healthcare system were brought into sharp focus by the COVID-19 pandemic. Healthcare organizations in many regions – already stretched to near-full capacity before the pandemic – have been pushed to the brink of collapse. While they scrambled to respond, they began to lean heavily into the nascent tools and techniques of telehealth to keep the public safe. This shift has been corroborated by a recent Parks Association study identified significant increase in
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What the Shift to 5G Will Mean for Healthcare Cybersecurity
5G has spent years hovering on the horizon, its industry-revolutionizing potential waiting just out of reach for healthcare providers and consumers. But now, the wait is (almost) over -- and for some, it already is. Mobile 5G began to make limited appearances in major cities across the country in the latter half of 2019. Those limits won’t be in place for long; however, a more comprehensive rollout is expected to sweep through the nation this year.
5G’s entry onto the scene has the
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