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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Value-Based Care| VBC-Related News, Analysis, Insights - HIT Consultant
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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Virta Health Puts 100% of Fees at Risk with New Value-based Care Model
Virta Health unveils new value-based care model that makes every dollar performance-based, with the majority tied to health outcomes for diabetes reversal. Virta Health, a San Francisco, CA-based provider of a clinically-proven treatment to safely and sustainably reverse type 2 diabetes without the use of medications or surgery, today announced a unique value-based care model that puts 100% of its fees at risk. The new model ensures that every dollar is tied performance-based benchmarks to
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Value-Based Care in Action: BCBS AZ Shared Savings Program Outperforms Cohorts Across Cost & Quality Measures
BCBS AZ’s value-based care program outperformed cohort across cost and quality measures, underscoring program’s effectiveness at improving population health.Change Healthcare and ACO Partner released the results for the first complete plan year of its novel shared value-based care savings program with Blue Cross Blue Shield of Arizona (BCBS AZ). More than 600 in-network primary care providers treated over 41,500 patients through 2017 leading to the program remitting a total of $1 million to 603
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AMA-RAND Study: Physician Payment Models are Becoming More Complex
According to a new joint study by the RAND Corporation and the American Medical Association, physician payment models are becoming more complex and the pace of change is increasing, creating challenges for physician practices that might hamper their ability to improve the quality and efficiency of care despite their willingness to change.The study is a follow-up to a similar one conducted in 2014 to assess how physician practices were responding to alternative payment models. These models are
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