Amid the difficulties of the last year, a bright spot has emerged that may provide a strong indication of renewed movement toward the transformation of the healthcare industry that we know today. Value-based care, a model that rewards better patient health outcomes, has experienced a surge in interest amid heightened consumer awareness and among payers seeking to lower costs and stabilize reimbursement. This interest, along with the recent mandate from the Centers for
Read More
Value-Based Care| VBC-Related News, Analysis, Insights - HIT Consultant
Why Family Caregivers Need Help from the Healthcare Establishment
I recently spoke with a woman whose husband contracted a serious, chronic illness that requires long-term use of a peripherally inserted central catheter (PICC) line.
As her husband’s primary caregiver, this woman is responsible for cleaning and flushing the PICC line three times a day. And while she knows how to carry out these functions, she nonetheless remains fearful of inadvertently introducing bacteria into the line and the consequences that could result.
For this woman, the
Read More
axialHealthcare Rebrands as Wayspring, Raises $75M for Value-Based Care Solution
- Wayspring, formerly axialHealthcare, announced today its new name and a $75M investment from Valtruis, Centene Corporation, CareSource, HLM Venture Partners, and existing investors Highmark Ventures, .406 Ventures, the Blue Venture Fund, and Oak HC/FT. Wayspring will use the capital to scale its value-based care solution, a full-risk medical home model for substance use disorder (SUD).
- Using data analytics to drive high-touch, high-impact outreach to the most at-risk
Read More
NANI Makes Equity Investment in Strive Health for Risk Payment
What You Should Know:
- Strive Health, the national leader in value-based kidney care, and Nephrology Associates of Northern Illinois and Northern Indiana (NANI), the nation’s largest independent nephrology group, today announced a strategic partnership to jointly pursue and manage global risk payment models.
- This partnership will benefit people with chronic kidney disease (CKD) and end stage kidney disease (ESKD) through a “whole patient” approach that enhances lives and communities
Read More
Saint Luke’s Health System Deploys Innovaccer Health Cloud
What You Should Know:
- St. Luke's Health System, one of the largest health networks in Kansas City, has adopted Innovaccer Health Cloud to support its initiatives around the Primary Care First and commercial value-based care models.
- St. Luke's Health System turned to the Innovaccer Health Cloud and it’s Data Activation Platform to unify claims and clinical data from its EHR and disparate HIT systems. Doing so provides a unified patient record that enables comprehensive, actionable
Read More
Real-World Data Flow – The Only Way to Change Value-Based Care?
Healthcare interoperability issues have always been confusing, changing, and difficult to address. The reason why is not straightforward: we have a fragmented health system with a myriad of specialized applications that are not universally used. Instead, we have a system where each organization elects which technology tools to use and in what configuration.
Compounding this fragmented system is the push to value-based care (VBC). As more organizations shift their focus to VBC models, the need
Read More
Cigna & Fresenius Extend VBC Program to Help More People with Kidney Failure
What You Should Know:
- Today, Fresenius Medical Care North America (FMCNA) and Cigna announced an expansion of their value-based care(VBC) program to improve health outcomes and lower the cost of care for those living with kidney failure, or end stage renal disease (ESRD), through at least 2023.
- First launched in 2017 as part of Cigna Collaborative Care, the VBC program will now include additional incentives to support more kidney disease specialists
Read More
Cricket Health Secures $83.5M to Expand Value-Based Kidney Care Model to Health Plans
What You Should Know:
- Cricket Health, a San Francisco, CA-based provider of value-based kidney care with a clinically-proven approach to managing chronic kidney disease (CKD) and end-stage kidney disease (ESKD), today announced it has raised $83.5 million in Series B funding round led by Valtruis with a strategic investment from Blue Shield of California. The round also includes existing investors Oak HC/FT and Cigna Ventures, as well as K2 HealthVentures.
- This new funding will help
Read More
PE Firm WCAS Launches $300M Value-Based Care Portfolio Company, Valtruis
What You Should Know:
Welsh, Carson, Anderson & Stowe (“WCAS”), a leading private equity firm focused exclusively on the healthcare and technology industries, announced that it is launching Valtruis, a unique portfolio company that will invest in and partner with value-based care driven healthcare companies. WCAS is committing an initial $300M to this platform.
Founded on a commitment to accelerate meaningful change, Valtruis brings the functional expertise, access to capital and an
Read More
ACLC, Innovaccer Jointly Launch Value-Based Care Collaborative
What You Should Know:
- Innovaccer Inc., a San Francisco-based healthcare technology company, today announced its partnership with the Accountable Care Learning Collaborative (ACLC) to launch various initiatives promoting value-based care (VBC) in the industry. The ACLC is a nonprofit, peer-learning, member organization in which members work together to develop VBC competencies and build resources and tools for their peers. Together, Innovaccer and the ACLC will build a framework
Read More