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

Cerner, naviHealth to Launch Medicare BPCI Advanced Offering

by Jasmine Pennic 04/12/2019 Leave a Comment

Cerner, naviHealth to Launch Medicare BPCI Advanced Offering

Cerner and naviHealth, a provider of post-acute management has announced an expanded relationship with plans to create a new offering for the Medicare’s Bundled Payments for Care Improvement Advanced program (BPCI Advanced). After working together for five years to streamline electronic workflows for post-acute discharge, Cerner and naviHealth anticipate launching the new value-based care offering to support BPCI Advanced, with an initial focus on the next CMS launch of the program in January
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UnitedHealthcare Expands Bundled Payments with Medicare Advantage Plans

by Jasmine Pennic 04/10/2019 Leave a Comment

UnitedHealthcare Expands Bundled Payments with Medicare Advantage Plans

UnitedHealthcare announced this week it is expanding its use of bundled payment offerings to care providers participating in Medicare Advantage plan networks across more than 30 states to improve quality and lower costs. The expansion builds upon UnitedHealthcare’s existing work with the Centers for Medicare & Medicaid Services’ Bundled Payments for Care Improvement Advanced (BPCI Advanced) program for fee-for-service Medicare.UnitedHealthcare Care Bundles Program OverviewThe
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Atrium Health, Wake Forest Baptist Health and Wake Forest University Announce Mega-Merger: 5 Things to Know

by Jasmine Pennic 04/10/2019 Leave a Comment

Atrium Health, Wake Forest Baptist Health and Wake Forest University Announce Mega-Merger

Atrium Health, Wake Forest Baptist Health and Wake Forest University today announced the signing of a Memorandum of Understanding to merge that will establish a next-generation academic healthcare system. If approved, the mega-merger will enable three leading healthcare organizations to invest in the health and well-being of people throughout the region, as well as contribute ground-breaking research and innovation to the world. The organizations have agreed to start a period of exclusive
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Report: Why Today’s Health IT Market is Loud, Crowded, And Confused

by Fred Pennic 04/10/2019 Leave a Comment

Report: Why Today’s Health IT Market is Loud, Crowded, And Confused

Today’s health IT market is loud, crowded, and confused. Payers and providers are inundated with new solutions as they struggle to both define priorities and see results from their tech acquisitions. To understand how health IT companies should approach finding growth in a crowded market, Sage Growth Partners has launched a new report outlining key strategies for HIT companies to stay ahead of the market trends.Why Growth Is Getting Harder for Health IT CompaniesAccording to the report, there
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Amazon Alexa Is Now HIPAA-Eligible, What’s Next for Healthcare?

by Nathan Treloar, President & COO at Orbita, Inc. 04/05/2019 Leave a Comment

Amazon Alexa Is Now HIPAA-Eligible. What's Next?

Big News, But Just The Beginning These days, big news stories in healthcare are just as likely to come from large technology companies as from major healthcare institutions. Case in point: In early 2018, Amazon created a huge stir in the industry early by announcing a venture with JPMorgan and Berkshire Hathaway that promised to go after the “hungry tapeworm” that is the cost of healthcare in the
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Innovaccer Launches AI-Assisted Solution to Address the Social Determinants of Health

by Fred Pennic 04/04/2019 Leave a Comment

Innovaccer Launches AI-Assisted Solution to Address the Social Determinants of Health

Innovaccer Inc., the leading San Francisco-based data activation company, announced today the launch of its SDOH Management solution tailored to capture SDOH data and leverage it to deliver enhanced care, powered by its Data Activation Platform. Created after months of extensive research & development (R&D), Innovaccer's goal of the solution is to empower physicians and care teams with visibility into the social needs of their patients, right in the moment of care. How Non-Clinical
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AHIMA, AHCA Partner to Train Skilled Nursing Facilities in ICD-10 Coding to Prepare for New Patient Driven Payment Model

by Jasmine Pennic 04/04/2019 Leave a Comment

AHIMA, AHCA Partner to Train Skilled Nursing Facilities in ICD-10 Coding to Prepare for New Patient Driven Payment Model

The American Health Information Management Association (AHIMA) has announced a collaboration with the American Health Care Association (AHCA) to provide in-depth coding and clinical documentation improvement (CDI) training programs. The goal of the collaboration is to help professionals in skilled nursing facilities (SNF) prepare for the upcoming payment reimbursement change.New, Value-based Patient Driven Payment Model (PDPM) Beginning October 1, 2019, the Centers for Medicare and Medicaid
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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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