Health plans are struggling with value-based reimbursement (VBR) due to internal and external barriers are hampering payers’ adoption of value-based programs, according to a new survey by HealthEdge and Survata. The survey reveals that for payers to have a significant chance at success with VBR programs, they must have modern and flexible technology systems that can easily collect and share data, quickly test and model new programs, and are designed to build more trust among providers of all
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Value-Based Care| VBC-Related News, Analysis, Insights - HIT Consultant
Innovaccer Launches AI-based Data Activation Platform for Value-based Care
The decade-old technologies have held back the innovation on the data healthcare has worked so hard to collect. Innovaccer unlocks this data and brings a fundamental data-first approach to the industry. To provide a single source of truth for providers, today announced Innovaccer Inc. is launching their first Artificial Intelligence-based Data Activation Platform. With added Artificial Intelligence applications on top of it, the Data Activation Platform helps care providers with improving
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HIMSS Report: 4 Trends Driving the Rise of Consumer-Driven Reformation
Less than two weeks ahead of the annual HIMSS19 conference, HIMSS announced the availability of a new annual report, “2019 Healthcare Trends Forecast: The Beginning of a Consumer-Driven Reformation.” The white paper details what the industry can expect in 2019, including how digital health innovators and policymakers will be held accountable now that the hype cycle has peaked, why consumer pressures will drive healthcare toward a value-based model, new care delivery methods spurred by growing
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MEDITECH Integrates Aggregated Data from Arcadia.io with Expanse Population Health
EHR vendor MEDITECH announced it is expanding its collaboration with Arcadia.io to enhance its Population Health offering within the clinically innovative Expanse solution. Within the progressive EHR, MEDITECH equips clinicians and care teams with Expanse Population Health, a population analytics database, coupled with an integrated collection of embedded clinical workflows, external data assets, and standardized toolkits, to aid organizations with population health initiatives. Expanse
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Livongo Acquires Digital Behavioral Health Solution myStrength
Livongo Health, an Applied Health Signals company empowering people with chronic conditions to live better and healthier lives, today announced that it has acquired Denver-based myStrength, Inc., a provider of digital behavioral health solutions. Financial terms of the acquisition were not disclosed. The acquisition enables Livongo to more fully address the health of the whole person by integrating behavioral health conditions including depression, anxiety, stress, substance use disorder,
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Chilmark Report Reveals Strategies and Tools for Bundled Payment Programs
Recent CMS rule changes have once again brought bundled payments into the national spotlight. Addressing established uncertainty amongst payers and providers on the future of bundled payments, Chilmark’s latest report analyzes the market trends shaping this space and describes available health IT solutions to help healthcare organizations (HCOs) adapt to these new value-based payment programs.Challenges to Bundled Payment ProgramsThe report, Bundled Payments: Current Strategies and Tools, starts
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Analysis: Population Health Management Market Growth Slows in 2018
2018 has proved to be another challenging year for the North American population health management (PHM) market, with growth limited to single digits for the second year running. There has been a growing sense of pessimism around PHM market development as a challenging 2017 market has continued into 2018. The market is now forecast to grow to $6.8B by 2022, at a CAGR of 9.6%.Highlights- North American Population Health Management (PHM) market estimated to reach $6.8B by 2022, growing at a CAGR
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SMART on FHIR: Is it Worth the Investment or Just Another Burden for Health IT Departments?
As the healthcare industry continues to shift from fee-for-service to value-based care, data interoperability is increasingly becoming a key concern for providers trying to better engage with patients, improve clinical workflow, and ultimately drive better health outcomes. In fact, more than 70 percent of healthcare financial executives say that data interoperability must improve within the next three years to ensure the success of value-based care.The good news? The potential for secure,
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Betterment Through Automated Benchmarking in the Era of Value-based Care
In the era of value-based care provision, automated benchmarking technology in hospitals enables real-world, reliable data insights for understanding, improving and promoting provider performance.Value-based healthcare is here to stay. Hospitals across the U.S. are on a quest to deliver successful outcomes at the lowest overall cost, improving care delivery and patient wellness. Nationwide, 34 percent of total healthcare payments were tied to alternative payment models in 2017, a steady
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8 Common Characteristics of Successful Standalone Hospitals
The Chartis Group shares 8 characteristics of successful independent hospitals and provides an assessment for hospital executives. Over the last 20 years, the percentage of U.S. hospitals over 200 beds, that are part of health systems, has risen from 56 percent to 77 percent. This trend continues as local regional and national health systems expand in search of greater scale, financial stability, and market presence. This seemingly inexorable trend towards systems expansion has caused industry
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