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CMS| News, Analysis, Insights - HIT Consultant

Innovaccer Unveils Risk Adjustment Solution For Improved Coding Accuracy

by Jasmine Pennic 10/08/2020 Leave a Comment

What You Should Know: - Innovaccer unveils new risk adjustment solution to help providers better segment their population to refine the risk scoring process and improve coding accuracy and efficiency, thereby improving performance on risk-based contracts. - The solution utilizes Artificial Intelligence (AI) and Natural Language Processing (NLP) to make risk predictions. Innovaccer, Inc., a leading healthcare technology company, has launched its Risk Adjustment Solution. Leveraging
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Getting Beyond the Telehealth ‘Stop-Gap’ Mentality

by Roland Therriault, President, InSync Healthcare Solutions 10/06/2020 Leave a Comment

Getting Beyond the Telehealth's ‘Stop-Gap’ Mentality

Since COVID-19 emerged as a major health threat, virtual care has taken off. As many as 46% of patients reported in late April that they had used telehealth to replace a canceled healthcare visit in 2020, while 48% of physicians said they had started using telehealth to treat patients.   While a shift in care models was necessary to address business continuity amid the pandemic, these trends also represent positive movements as a growing body of evidence supports the real-life benefits of
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How Low-Code Solutions Reduce Headaches for Healthcare CIOs

by Ruby Raley, VP of Healthcare and Life Sciences at Axway 10/02/2020 Leave a Comment

Low-Code Solutions

Twenty years ago, technology consultants started advising CIOs to build less. That’s when the movement towards Commercial Off the Shelf (COTS) began.  Today, there are many shops, especially those in small and medium-sized organizations, with few programmers who build new applications from scratch.   Yes, they have programmers who configure, script, and integrate various applications but very little is built. For the provider community, we have a habit of either sourcing our
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Accounting for the Social Determinants of Health During the COVID-19 Pandemic

by Andy Aroditis, CEO, NextGate 10/01/2020 Leave a Comment

Accounting for the Social Determinants of Health During the COVID-19 Pandemic

The COVID-19 pandemic is not just a medical crisis.  Since the highly contagious disease hit American shores in early 2020, the virus has dramatically changed all sectors of society, negatively impacting everything from food supply chains and sporting events to the nation’s mental and behavioral health. For some people, work-from-home plans and limited access to entertainment are manageable obstacles.  For others, the shuttered schools, lost wages, and social isolation spell disaster –
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Centene Becomes First Payer to Join AVIA’s Medicaid Transformation Project

by Fred Pennic 09/25/2020 Leave a Comment

AVIA’s Medicaid Transformation Project

What You Should Know: - AVIA announces that Centene Corporation has become the first payer to join the Medicaid Transformation Project (MTP), which aims to transform healthcare and related social needs for vulnerable populations through digitally-enabled care models and new technology solutions -  Led by AVIA and former CMS chief Andy Slavitt. Collaboration among Centene, 30 health systems, and provider-sponsored health plans in MTP will enable these stakeholders to improve outcomes
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The COVID-19 Data Challenges Facing Payers

by Dr. Chris Hobson, Chief Medical Officer, Orion Health 09/24/2020 Leave a Comment

The COVID-19 Data Challenges Facing Payers

Both payers and providers can benefit from the same or similar high-quality data and can work together to provide the best possible services to patients with COVID-19 while avoiding overloading the healthcare system. The key is to use combined payer, clinical, and social data plus technology such as telehealth and artificial intelligence (AI). Payer Perspective on COVID-19 The overriding concern for payers during the COVID-19 crisis is the need to support member health.  During an
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Designating Ownership of Provider Data Will Improve Care Coordination, Study Finds

by Jasmine Pennic 09/18/2020 Leave a Comment

Designating Ownership of Provider Data Will Improve Care Coordination, Study Finds

What You Should Know: - New LexisNexis Risk Solutions Health Care survey reveals that 63% of respondents believe designating ownership of provider data will improve care coordination, yet only 18% of organizations report having a dedicated data governance department - The survey results are based on over 100 qualified responses from organizations across the industry, including independent hospitals, teaching hospitals, independent physician groups, and federally qualified health
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M&A: Provation Acquires Perioperative Care Coordination Platform ePreop

by Fred Pennic 09/16/2020 Leave a Comment

Provation Acquires Perioperative Care Coordination Platform ePreop

What You Should Know: - Provation announces the acquisition of ePreop, a comprehensive perioperative care coordination, and quality reporting solutions for an undisclosed sum. - Acquisition creates a comprehensive clinical productivity SaaS platform, streamlining workflows, and documentation from patient intake and pre-op through recovery and follow-up. Provation, a software provider of procedure documentation and clinical decision support solutions, backed by Clearlake Capital
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Collaborative Health Systems’ ACOs Delivers $335M in Medicare Savings

by Jasmine Pennic 09/16/2020 Leave a Comment

Collaborative Health Systems (CHS) announced today that its Medicare Shared Savings Program (MSSP) Accountable Care Organizations (ACOs) delivered $335 million in total savings to Medicare and $183 million in shared savings since 2012, according to figures released by the Centers for Medicare & Medicaid Services (CMS). Defining Medicare ACOs Medicare ACOs are groups of doctors, hospitals, and other healthcare providers who come together voluntarily to provide coordinated, high-quality
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Maximizing Telehealth Success: How to Optimize Operations & Revenue Cycle Management

by Vijay Kotte, EVP of Physician Services at R1 RCM 09/01/2020 Leave a Comment

Maximizing Telehealth Success: How to Optimize Operations & Revenue Cycle Management

In COVID-19’s wake, providers’ financial recovery will be crucial yet daunting. U.S. hospitals and health systems stand to collectively lose $36.6 billion between March and June 2020 alone. Physician practices also face serious financial challenges as they recoup revenues that declined up to 55 percent and patient volume that decreased 60 percent. Amid these hardships, telehealth has emerged as a widely accepted vehicle for care delivery – providing a way for healthcare organizations to
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