As CMS moves its bundled programs focus form Bundled Payments for Care Improvement (BPCI) “classic” to BPCI Advanced, hospitals and providers are agreeing to take on more risk in return for the potential financial rewards. In order to do this successfully, they need the new, innovative technology tools to succeed.That’s why PatientPing, a health technology company that connects providers to seamlessly coordinate patient care, announced a major care coordination enhancement to its product suite
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Healthcare Policy Regulation & Reform | News, Analysis, Insights - HIT Consultant
AMA-RAND Study: Physician Payment Models are Becoming More Complex
According to a new joint study by the RAND Corporation and the American Medical Association, physician payment models are becoming more complex and the pace of change is increasing, creating challenges for physician practices that might hamper their ability to improve the quality and efficiency of care despite their willingness to change.The study is a follow-up to a similar one conducted in 2014 to assess how physician practices were responding to alternative payment models. These models are
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HHS Unveils International Pricing Index to Lower Medicare Part B Drugs for Patients
The U.S. Department of Health and Human Services, through the Centers for Medicare & Medicaid Services (CMS), today announced unveiled the “International Pricing Index” (IPI) payment model to reduce what Americans pay for Medicare Part B prescription drugs.Under the IPI model, described in an Advance Notice of Proposed Rulemaking (ANPRM), Medicare’s payments for select physician-administered drugs would shift to a level more closely aligned with prices in other countries. Overall savings for
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Mingle Analytics, SilverVue Merge to Form Mingle Health to Focus on Value-based Care Delivery
Mingle Analytics Inc., a provider of Medicare quality reporting, and SilverVue, Inc., a supplier of care management software, today announce their merger. Mingle Health is a new company focused on transforming value-based care delivery by solving the pain points in quality reporting while improving patient outcomes and strengthening practice health.Together, Mingle Health will deliver an all-in-one platform that includes the consulting, analytics, and tools to streamline medical practices,
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The Rise of Real-Time Location Tracking (RTLS) Adoption in Healthcare
The healthcare industry is one where inefficiency leads to significant productivity losses and could contribute to loss of life.That's why a system that keeps track of people, medicines and other essentials is exceptionally advantageous in that sector. Besides boosting productivity, real-time location systems (RTLS) could increase patient satisfaction and more.RTLS Adoption in Healthcare Is On the RiseA forecast showing the state of the RTLS healthcare industry predicts the total worth will
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4 Reasons Why Secure Messaging Apps Are The Best Option for Boosting Patient Engagement & Health Outcomes
Patient engagement is now a critical component of healthcare, as organizations utilize both traditional and modern communications methods to differentiate their businesses, deliver superior patient care and reduce costs.Today, 74 percent of healthcare executives would like to automate patient engagement, according to a recent study by Conversa Health and World Business Research. Unfortunately, many of these same executives don’t know how or where to begin to do so. From automating
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Virtual Reality: 4 Ways Mixed Reality Helps Pediatric Patients
Hospitals can be depressing, scary or boring, making people feel isolated and out of the loop. But this experience is several times more challenging for children, especially those in need of prolonged treatment. There can be unpleasant tests and procedures, strict visiting rules, and not so many available activities to entertain or distract young patients.Thankfully, technology is ready to alleviate hospital stay for the youngest patients, as mixed reality gradually integrates with pediatric
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eCLINICALWORKS Unveils Health Information Search Engine to Create Longitudinal View of Patient Record
Health information search engine Prizma presents data from various networks to create a complete longitudinal view of the patient recordeClinicalWorks, a provider of healthcare IT solutions, today announced the debut of Prizma, a health information search engine, to facilitate care across networks. By coordinating information from interoperability networks, such as CommonWell and Carequality, as well as payers such as CMS Blue Button® 2.0 API, Prizma will establish one longitudinal view to
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Can Bots Take the Patient Experience to the Next Level?
In today’s mobile-first environment, it’s somewhat surprising that nearly 30 percent of healthcare providers still use phone calls — and only phone calls — to ensure patients make it into their scheduled appointments. While fewer Americans tend to answer their phone calls, they do use their phones for text messaging. In healthcare, the benefits of text message appointment reminders are increasingly recognized and on the rise, but this is only the tip of the iceberg when it comes to providing a
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Innovaccer’s Healthcare Data Platform Helps ACOs Save More Than $264M Annually
Innovaccer, a San Francisco-based healthcare data platform company, proudly announced the success of its partner accountable care organizations (ACOs) that achieved over $264 million in savings across 1 million managed lives. The data has been gathered from different commercial insurance providers and the Medicare Shared Savings Program performance data for 2017.According to CMS’ results, ACOs in P.Y. 2017 have achieved about $314 million in Medicare savings. More than 60% of the 472 ACOs
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