Accenture has teamed with Loopback Analytics, a leader in population health analytics, to support health systems aiming to participate in new value-based care models, such as the new Bundled Payments for Care Improvement (BPCI) Advanced program.Partnership DetailsThe initiative combines the depth of Accenture’s data-driven consulting services with insights from Loopback’s EpisodeInsights platform, enabling providers to evaluate the economic impact of bundled payment participation across 32
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4 Barriers to Implementing Value-based Payment Models
Majority of family physicians indicate their practices participate in value-based payment models and believe value-based payment models will encourage greater collaboration between primary care physicians and specialists, according to a new study. The 2017 Value-based Payment Study was sent to 5,000 active members of the AAFP. A total of 482 surveys were returned, and 386 were evaluated after a screening process. The study found that more and more family physicians are embracing value-based
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5 Barriers to Achieving Success In Value-Based Care, Alternative Payment Models
Premier recently published a white paper titled Building Successful Two-Sided Risk Models, which discusses evolving risk-based alternative payment models and uncovers insights around the capabilities health systems need to achieve success in today’s value-based payment environment. A recent Premier C-Suite survey identified five barriers to achieving success in value-based care, alternative payment models: 1. Balancing health system margin pressure from both managing participation in
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10 Trends You Can Expect from Healthcare in 2018
Editor’s Note: Abhinav Shashank is the CEO & Co-founder at Innovaccer Inc., a datashop integrating complex data across multiple distributed sources to give healthcare organizations greater insights to provider better care.With 2017 almost in the rear-view mirror, it is time to look forward to 2018 and how healthcare will evolve in this year. The last year has been an eventful one for healthcare, from the uproar in healthcare regulations to potential mega-mergers. Needless to say, it’s a time
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Survey: Medicare ACOs in Premier Population Health Collaborative Outperform Peers by 57%
Since 2012, Medicare accountable care organizations (ACOs) that participate in the Premier Inc. Population Health Management Collaborative (PHMC) have outperformed their peers in achieving cost and quality improvements. Nearly half of PHMC Medicare ACO participants received shared savings payments in performance year 2016 compared to 33 percent of all Medicare ACOs. In addition, since 2012 PHMC Medicare ACOs have performed 57 percent better on average in achieving shared savings.Premiere
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12 Defining Healthcare Trends to Watch in 2018
PwC's Health Research Institute (HRI) outlines 12 defining healthcare trends to watch in 2018 that will be distinguished by persistent uncertainty and risk. 2018 will be distinguished by persistent uncertainty and risk for the US health industry. 2018 is likely to mirror 2017 - a year marked by raucous debates over health and tax reform and a series of crises triggered by natural disasters - in terms of volatility, according to the latest research from PwC's Health Research Institute
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Stitch Health Launches Care Coordination Platform for Healthcare Teams
Today Stitch Health, which aims to make it easy for healthcare teams to provide incredible patient experiences, unveiled their new care coordination platform for providers to work better together. The company's HIPAA-compliant, cross-platform (desktop, iOS, and Android), searchable by a patient, and integrates with existing electronic health records (EHRs). The platform offers tools for three categories of healthcare work: team communication, patient engagement, and patient management.Stitch
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SymphonyCare Acquires Empower Patient Portal Business Unit from Influence Health
SymphonyCare, a population health and patient engagement solutions company has acquired the Empower patient portal business unit from Birmingham, AL-based Influence Health. The acquisition was led by SymphonyAlpha Ventures, the venture capital arm of Symphony Corporation, a leader in digital healthcare innovation and technology solutions. Financial details of the acquisition were not disclosed.The Empower patient engagement product alone currently reaches more than a half a million patients
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Population Health Management Means the Whole Population, Not Just the Highest Need
Editor's Note: Carol Clayton, Ph.D. is a Translational Neuroscientist for Relias Learning. Prior to joining Relias, she served as President of Care Management Technologies.Considerable attention has been given to the large proportion of healthcare spending concentrated among a small proportion of patients. This five to 10 percent of the population has been the driving force behind many value-based purchasing models, e.g., chronic health condition management for the high cost, high utilizers, and
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3 Roadblocks to Achieving Interoperability In A Value-based Care System
Editor’s Note: Abhinav Shashank is the CEO & Co-founder at Innovaccer Inc., a datashop integrating complex data across multiple distributed sources to give healthcare organizations greater insights to provider better care.I am sure I am not the only one who has lost count of the times I’ve been asked “Why can’t the systems talk to each other?” or, in more technical terms, “Why don’t we have interoperability?”The numerous health IT solutions that we have around us today were meant to improve
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