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

Partners HealthCare Transitions to Medicare Shared Savings Program (MSSP)

by Fred Pennic 08/23/2019 Leave a Comment

Partners HealthCare Transitions to Medicare Shared Savings Program (MSSP)

Partners HealthCare has transitioned to a Medicare Shared Savings Program (MSSP) through the Centers for Medicare and Medicaid Services (CMS), from its previous Medicare ACO, the Next Generation Accountable Care model, without disruption to patient care. The Medicare Shared Savings Program (MSSP) is an alternative payment model that promotes accountability for a patient population, coordinates items and services for Medicare fee-for-service beneficiaries, and encourages investment in high
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Signify Health, Remedy Partners Merge to Create Market Leading Value-Based Care Enablement

by Fred Pennic 08/20/2019 Leave a Comment

Signify Health, Remedy Merge to Create Market Leading Value-Based Care Enablement

Signify Health and Remedy Partners have signed a definitive agreement to merge to create a market-leading platform delivering value-based care enablement. Together, Signify Health and Remedy Partners both portfolio companies of New Mountain Capital LLC will leverage clinical, behavioral and social data amidst an accelerating market shift from fee-for-service toward value-based payments and arrangements based on the quality and total cost of care for a patient.Merger Creates Combined Revenue of
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Health2047 Spins Out Zing Health to Offer SDOH-Driven Medicare Advantage Plans

by Fred Pennic 08/20/2019 Leave a Comment

Health2047 Spins Out Zing Health to Offer SDOH-Driven Medicare Advantage Plans

Today Health2047 Inc. is launching Zing Health, community-focused, physician-led Medicare Advantage plan that addresses social determinants of health (SDOH). Co-founded by Health2047 with experienced entrepreneurs Dr. Eric Whitaker and Dr. Ken Alleyne, Zing Health will initially offer a Medicare Advantage plan built around community and member health outcomes to consumers in the Midwest. With significant seed funding, a passionate and seasoned founding team and major market interest in its
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10 Considerations for Success In A Post-MACRA Value-Based Healthcare Reality

by Moshe Starkman, Senior Director, Value-based Reimbursements, nThrive 08/20/2019 Leave a Comment

MACRO

The first two years of the Medicare Access and CHIP Reauthorization Act of 2015 (MACRA) Quality Payment Program (QPP) are in the books and many organizations are wondering if their strong performances will ever be met with a significant upside adjustment. Year 1 (2017) enjoyed very high participation levels, 95% of eligible clinicians, but very low upside adjustments.  Between the Test Pace option, artificially low bar (3 points) for an upside adjustment, and numerous opportunities to score
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Maine Health, Anthem Form Joint Venture to Offer Medicare Advantage Plans

by Jasmine Pennic 08/19/2019 Leave a Comment

Maine Health, Anthem Form Joint Venture to Offer Medicare Advantage Plans

 Anthem Blue Cross and Blue Shield in Maine and MaineHealth today announced the two organizations will be collaborating on a joint venture to offer Medicare Advantage health insurance plans for 2020 under the Anthem | MaineHealth brand. This joint venture effort, named AMH Health, LLC, will bring together the core strengths of the region’s leading health care system and health insurer, their brand recognition, as well as their expertise in providing a comprehensive approach to care that will
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5 Trends Shaping the Future of the Global Ultrasound Market

by Simon Harris, Managing Director at Signify Research 08/15/2019 Leave a Comment

5 Trends Shaping the Future of the Global Ultrasound Market

2018 was a record year for the world ultrasound equipment market, with revenues increasing by 6.8%, tipping the market over the $7 billion mark for the first time. Despite the backdrop of global economic uncertainty, the ultrasound market is forecast to continue to grow relatively strongly in the coming years, with the following trends driving growth.1. New Users of UltrasoundOver the years, the use of ultrasound has gradually expanded beyond radiology, cardiology and OB/GYN to a wide range of
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Health Innovation Think Tank IV: Experts Share Key Takeaways

by Fred Pennic 08/14/2019 Leave a Comment

Health Innovation Think Tank IV: Experts Share Key Takeaways

The Health Innovation Think Tank, a diverse group of healthcare leaders, innovators and policymakers has announced the availability of key takeaways and actionable best practices for healthcare organizations from one of their five recent events. Health Innovation Think Tank Overview Formed in 2017 by Justin Barnes, the Health Innovation Think Tank includes nearly 200 cross-industry thought leaders. The group provides guest discussion catalysts, public policy updates, executive education
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Evolent Health: Investment Firms Increase Their Stock Positions in EVH

by Fred Pennic 08/12/2019 Leave a Comment

Evolent Health

A large number of institutional investors and hedge funds have recently added to or reduced their stakes in Evolent Health Inc. (NYSE: EVH), a company providing an integrated value-based care platform to the nation’s leading provider organizations. The company debuted on the New York Stock Exchange on 6/5/15, raising $195M, and closed above a $1 billion market cap. Here is a look at recent institutional investments in Evolent Health:1. CWM Advisors LLC grew its position in Evolent Health by
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DrChrono EHR Integrates With OutcomeMD to Track, Analyze Patient Outcome Data, Cofounding Factors

by Jasmine Pennic 08/08/2019 Leave a Comment

DrChrono integration with Beam Telemedicine Network_DrChrono EHR Integrates with Beam to Power Telehealth Video Consults

DrChrono, a medical practice EHR and OutcomeMD, a company revolutionizing medical outcome tracking, today announced its integration that gives practices using DrChrono’s EHR the seamless ability to incorporate patient-reported outcomes into their clinical flow. OutcomeMD Solution Overview OutcomeMD is a software solution that uses literature validated patient-reported outcome instruments to score and track a patient’s symptom severity and inform treatment decisions.  The platform’s outcome
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Interoperability: Why Health Systems Need to Integrate Their Digital Stack

by Graham Gardner, CEO and Co-Founder of Kyruus 08/07/2019 Leave a Comment

Interoperability: Why Health Systems Need to Integrate Their Digital Stack

Several years ago, Thomas Friedman, the best-selling New York Times columnist, began pointing out how application programming interfaces (APIs) and the resultant connectivity was enabling one-touch consumer engagement with a broad range of services. We now take it for granted that we can call a car service from our phone, watch the driver approach on a map, and then pay for our ride without leaving a single application. Similarly, we can scroll through dozens of different brands of olive oil
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