According to a recent Lumeris-sponsored survey, forty-six percent of healthcare executives believe their organization’s pace of change toward value-based payment is moving quickly or very quickly, up 14 points from Q2 2018. Additionally, sixty-two percent of health systems indicated that they plan to assume additional risk in the next 12 months. Of these, ACOs (46%), Medicare Advantage (31%), and bundled payments (23%) were common methods for increased risk assumption. The Lumeris-sponsored
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Value-Based Care| VBC-Related News, Analysis, Insights - HIT Consultant
HHS Launches New Payment Model for Emergency Ambulance Services
Today, the U.S. Department of Health and Human Services (HHS), Center for Medicare and Medicaid Innovation (Innovation Center), today announced a new payment model for emergency ambulance services that aims to allow Medicare Fee-For-Service (FFS) beneficiaries to receive the most appropriate level of care at the right time and place with the potential for lower out-of-pocket costs.Emergency Triage, Treat and Transport (ET3) Model OverviewThe new model named the Emergency Triage, Treat and
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Survey: Health Plans Are Struggling with Value-Based Reimbursement
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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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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