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Value-Based Care| VBC-Related News, Analysis, Insights - HIT Consultant

Addressing Social Determinants of Health: IT Solutions to Engage Community Resources

by Fred Pennic 11/11/2020 Leave a Comment

Addressing Social Determinants of Health: IT Solutions to Engage Community Resources

What You Should Know: - The latest report from Chilmark Research examines the new approaches and tools for utilizing community resources that can address social determinants of health, giving providers the ability to extend care beyond the confines of the clinic. - This research indicates that the next two years will largely bring an expansion of product capabilities with slow and steady growth in implementation as the market better defines key variables and sets standards for
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Innovaccer, Surescripts Integrate to Leverage Medication Data for Patients

by Fred Pennic 11/10/2020 Leave a Comment

Innovaccer, Surescripts Integrate to Leverage Medication Data for Patients

What You Should Know: - Innovaccer partners with Surescripts to power its data activation platform with the most comprehensive medication data. - The partnership will enable the company to conduct smart medication reconciliation and ensure that patients are complying with their care protocols. Innovaccer, Inc., a San Francisco, CA-based healthcare technology company, announced its partnership with Surescripts, the nation’s leading health information network, to leverage the
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CMS Direct Contracting Model Options for Value-Based Care

by Vanessa Kuhn, Director of Health Policy, PatientPing 10/26/2020 Leave a Comment

CMS Direct Contracting Model Options for Value-Based Care

The Centers for Medicare and Medicaid Innovation (CMMI) created the Direct Contracting Model to expand opportunities for more diverse providers and healthcare organizations to participate in value-based care arrangements for Medicare fee-for-service (FFS) beneficiaries. The goal of the new model is to create the next generation of risk-sharing arrangements to improve outcomes for patients, lower costs, and ensure high-quality care. In developing the Direct Contracting model and associated
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Humana Taps Cohere Health to Modernize Prior Authorizations for Musculoskeletal Treatment

by Fred Pennic 10/22/2020 Leave a Comment

Cohere Health Launches with $10M to Increase Transparency Across Care Journey

What You Should Know: - Cohere Health partners with health insurer Humana to modernize the prior authorization process for musculoskeletal treatment across 12 states. - In addition, the company has closed an additional $10M in funding led by Flare Capital Partners and Define Venture, bringing the company’s total funding to $20M. Health insurer Humana has signed an agreement with healthcare collaboration company Cohere Health to improve the prior authorization process for
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5 Trends Driving The Future of Healthcare Real Estate in 2020 & Beyond

by Moha Desai, Principal, Healthcare Strategy & Transformation 10/22/2020 Leave a Comment

The COVID-19 pandemic has forever changed patient expectations for healthcare delivery, including offered services and health office operations. Although health systems have remained dynamic in adopting telehealth capabilities, their long-term capital, like real estate and supply chain management (SCM) protocols, have not adapted to match these expectations. Health systems must be aware of current trends in both areas to inform their future decisions.  Divesting in healthcare real estate
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Patient Leakage & Keepage: State of the Industry Report

by Fred Pennic 10/16/2020 Leave a Comment

Patient Leakage & Keepage: State of the Industry Report

What You Should Know: - “The Patient Keepage & Leakage Report” offers an in-depth, state of the industry look at health system executives’ views on the challenge of patient leakage, in which patients seek care beyond their networks. Although 96% of health system execs surveyed said that addressing patient leakage is a top priority, very little research had been done on this topic—until now. - The report, conducted by an independent market research firm, includes responses from a random
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WellSky Acquires CarePort Health from Allscripts for $1.35B

by Jasmine Pennic 10/14/2020 Leave a Comment

WellSky Acquires CarePort Health from Allscripts for $1.35B

What You Should Know: - Health technology leader WellSky has agreed to acquire CarePort Health to power coordinated care transitions for acute and post-acute care patients for $1.35B. - By providing end-to-end visibility across the continuum, WellSky and CarePort can improve outcomes, lower costs, and increase patient satisfaction. WellSky, a global health, and community care technology company, announced today that it has entered into a definitive agreement with Allscripts to
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Thriving in a Value-Based Care Environment: Impacting Outcome-to-Cost Ratio

by Jerry Carlson, Product Support Manager, BG DI BU IC Sales, Dunlee 10/14/2020 Leave a Comment

Thriving in a value-based care environment: impacting the outcome-to-cost ratio

As the COVID-19 pandemic creates surges in acute care, many imaging departments are experiencing a decrease in volume, due to patients deferring or canceling non-urgent appointments and surgeries. The impact of this makes it painfully obvious that -- because imaging departments rely on a fee-for-service model – when the volume is down, finances suffer. As an aspect of healthcare that has historically been hyper-focused on volume, adoption of a value-based care approach in radiology has evolved
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Humana, Fresenius Medical Care Expand Partnership to Improve Care Coordination for Medicare Advantage Members

by Jasmine Pennic 10/08/2020 Leave a Comment

Humana, Fresenius Medical Care Expand Partnership to Improve Care Coordination for Medicare Advantage Members

What You Should Know: - Humana Inc. and Fresenius Medical Care North America (FMCNA) today announced an agreement to broaden their collaboration toward improving the health of eligible Humana Medicare Advantage members - The agreement between Humana and Fresenius Medical Care North America goes into effect Jan. 1, 2021. Humana Inc. and leading renal care company Fresenius Medical Care North America (FMCNA) announced an agreement to broaden their collaboration toward improving the
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Curation Health Raises Series A Funding for Clinical Decision Support Platform

by Jasmine Pennic 10/06/2020 Leave a Comment

Curation Health Raises Series A Funding for Clinical Decision Support Platform

What You Should Know: - Curation Health raises an undisclosed Series A round of funding to accelerate the adoption of its advanced clinical decision support platform. - Curation Health provides an advanced clinical decision support platform for providers and health plans that aids in managing risk contracts and improving quality performance. Curation Health, an Annapolis, MD-based advanced clinical decision support platform for value-based care, today announced the completion of
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