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

Blue Cross NC, Duke Health Form New Company to Offer Medicare Advantage Plan for Seniors

by Fred Pennic 04/03/2019 Leave a Comment

Blue Cross NC, Duke Health Form New Company to Offer Medicare Advantage Plan for Seniors

Blue Cross and Blue Shield of North Carolina and Duke University Health System have together formed Experience Health, a new health insurance company to offer a Medicare Advantage Plan in 2020. Jointly owned by Blue Cross NC and Duke Health, Experience Health brings together two of the most trusted and innovative names in healthcare to create a locally owned and operated non-profit health plan.Why Experience Health?Blue Cross NC and Duke Health formed Experience Health to take advantage of the
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AMA, UnitedHealthcare Develop ICD-10 Codes to Support Social Determinants of Health

by Fred Pennic 04/03/2019 Leave a Comment

Social determinants of health

UnitedHealthcare and the American Medical Association (AMA)  are teaming up to support using data for social determinants of health (SDOH) to improve and simplify how referrals are made to social services. The collaboration builds off work initiated by UnitedHealthcare to standardize how data is collected, processed and integrated regarding critical social and environmental factors that contribute to patient well-being. New ICD-10 related to Social Determinants of Health (SDOH) Today, nearly 80%
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HealthQuest Capital Closes $440M Fund to Invest in Innovative Growth-Stage Companies

by Fred Pennic 04/03/2019 Leave a Comment

HealthQuest Capital Closes $440M Fund to Invest in Innovative Growth-Stage Companies

HealthQuest Capital, a Silicon Valley-based growth capital firm has closed a $440 million fund to invest growth-stage companies delivering innovation across all sectors of the healthcare industry to improve patient outcomes, enhance efficiency and reduce costs. Fund III was oversubscribed and closed at a hard cap. Target markets for Fund III include growth- and commercial-stage companies focusing on medical technologies, diagnostics, digital health, and innovative services.HealthQuest Capital
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GlobalHealth to Launch Medicare Advantage (MA) Marketplace with Evolent Health

by Jasmine Pennic 03/28/2019 Leave a Comment

GlobalHealth to Launch Medicare Advantage (MA) Marketplace with Evolent Health

GlobalHealth, an Oklahoma-based health maintenance organization, today announced it has entered into a definitive agreement to create a partnership in the Medicare Advantage (MA) plan marketplace with Evolent Health, a company providing an integrated value-based care platform to the nation's leading providers and payers. Together, both companies will launch and scale MA health plans under the True Health brand in targeted geographies. True Health Medicare Advantage (MA) Marketplace DetailsThe
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Blue Cross Blue Shield Institute Launches Program to Address Social Determinants of Health at The Community Level

by Fred Pennic 03/26/2019 Leave a Comment

Stryker, RCSI Partner to Develop Digital Health Solutions for Emergency & Specialist Care Blue Cross Blue Shield Institute Launches Program to Address Social Determinants of Health at The Community Level

Blue Cross Blue Shield Institute is teaming up with Solera Health to launch a new program to effectively address social determinants of health (SDOH) at the community level.  The national roll-out of the program expected to launch in Q2 2019 will focus on the unique environmental and cultural influences and barriers to successfully coordinating regional SDOH resources at scale.Reaching Beyond Population HealthBy tailoring local SDOH resource recommendations to directly align with individual
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Current State of Value-based Care in Oncology: 13 Key Trends to Know

by Fred Pennic 03/22/2019 Leave a Comment

Value-Based Health Care is Antithetic to Patient-Centered Care_ Value-based Care in Oncology

New data on the state of value-based care in oncology has found that while community oncologists are optimistic about the beneficial potential of value-based care, they see a conflict between the need to decrease episode costs and the rising prices of the most innovative novel therapies. In an effort to dig deeper into current attitudes toward new value-based reimbursement models and novel therapies in cancer care, Integra Connect surveyed leaders and decision-makers in oncology practices.
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Chilmark: 2019 Healthcare Provider Analytics Market Trends Report

by Fred Pennic 03/22/2019 Leave a Comment

Chilmark 2019 Healthcare Provider Analytics Market Trends Report,

Healthcare providers are recognizing the value of increasing volumes of data they hold and expanding their use of mainstream and advanced analytics solutions to more use cases and more user groups Vendor analytics and reporting solutions are rapidly evolving to serve provider needs for enterprise performance management (EPM), according to Chilmark's latest report. While value-based care (VBC) initiatives remain the driving business reason for analytics adoption, leading healthcare organizations
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Stanford Health Taps Lumeris to Optimize Medicare Advantage Plan

by Jasmine Pennic 03/19/2019 Leave a Comment

Lumeris, Stanford Health Partner to Optimize Medicare Advantage Plan

Stanford Medicare Advantage plan seeks sustainable value-based care growth and continued innovations to serve seniors in collaboration with Lumeris.Lumeris, a provider of value-based care, and Stanford Health Care are partnering on a long-term collaboration for the further development of Stanford Health Care Advantage, a Medicare Advantage (MA) plan in Northern California. Once finalized, Lumeris will help optimize and grow the MA plan throughout the region and support Stanford Health Care's
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Why AI-Enabled EHRs & Telemedicine is Transforming Behavioral Health

by Ali Beheshti, Founder and CEO of Zealie 03/11/2019 Leave a Comment

Taking New Medications: Consumers Blame Anxiety on Lack of Time with Physicians

Behavioral healthcare is on the precipice of an exciting new frontier. While the sector has been slow to adopt major tech innovations, emerging tools are ushering in unique advantages that allow providers to maximize profit, advance their sector and improve care for patients more than ever before.As a CEO working within the tech and revenue cycle management industries, I listen to the concerns of both insurance companies and healthcare providers to identify trends in behavioral healthcare every
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3 Principles to Value-based Care Contracting Arrangements for Behavioral Health

by Brett Furst and Kevin Mehta, Executives at Payformance 03/03/2019 Leave a Comment

3 Principles to Value-based Care Contracting Arrangements for Behavioral Health

It’s long past time for the U.S. health system to improve care for our behavioral health patient population.With every headline about our country’s mental health crisis or opioid crisis, this painful reality becomes more apparent – and as time passes, more expensive. At $201 billion annually, mental disorders top the list of the most costly conditions in the U.S., according to Health Affairs. The economic toll of the opiate crisis alone has exceeded $1 trillion since 2001, according to research
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