Majority of family physicians indicate their practices participate in value-based payment models and believe value-based payment models will encourage greater collaboration between primary care physicians and specialists, according to a new study. The 2017 Value-based Payment Study was sent to 5,000 active members of the AAFP. A total of 482 surveys were returned, and 386 were evaluated after a screening process. The study found that more and more family physicians are embracing value-based
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Value-Based Care| VBC-Related News, Analysis, Insights - HIT Consultant
5 Barriers to Achieving Success In Value-Based Care, Alternative Payment Models
Premier recently published a white paper titled Building Successful Two-Sided Risk Models, which discusses evolving risk-based alternative payment models and uncovers insights around the capabilities health systems need to achieve success in today’s value-based payment environment. A recent Premier C-Suite survey identified five barriers to achieving success in value-based care, alternative payment models: 1. Balancing health system margin pressure from both managing participation in
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10 Trends You Can Expect from Healthcare in 2018
With 2017 almost in the rear-view mirror, it is time to look forward to 2018 and how healthcare will evolve in this year. The last year has been an eventful one for healthcare, from the uproar in healthcare regulations to potential mega-mergers. Needless to say, it’s a time of transition, and healthcare is in a very fluid state- evolving and expanding. There are certainly going to be new ways to keep healthcare providers and health IT pros stay engaged and excited, and here are our top 10
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Healthcare Blockchain Startup Mint Health Unveils White Paper for Vidamint Tokens
MintHealth, a global decentralized health platform with a portable, secure, and self-sovereign personal health record (PHR) built on blockchain technology and designed to drive healthy patient behavior through the Vidamint™ token. MintHealth announces the immediate availability of the associated white paper behind a planned Vidamint (VIDA) token sale in Q1 of 2018. The company also announces the addition of Wyche “Tee” Green, III, founder and director of Greenway Health™, to the MintHealth Board
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Population Health Management Means the Whole Population, Not Just the Highest Need
Considerable attention has been given to the large proportion of healthcare spending concentrated among a small proportion of patients. This five to 10 percent of the population has been the driving force behind many value-based purchasing models, e.g., chronic health condition management for the high cost, high utilizers, and health home models for care coordination and management services. A recent thought piece (March, 2017) in the The New England Journal of Medicine, “Focusing on
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VirtualHealth Lands $7M to Expand Integrated Value-based Care Platform
VirtualHealth, a New York City-based startup of population health management and care management technologies, has raised $7 million in funding led by Edison Partners. The company plans to utilize the funding to further develop its product suite, grow the team and expand its market share. Founded in 2012 by Adam Sabloff, VirtualHealth’s secure, cloud-based platform seamlessly integrates population analytics with market-leading care, disease, and
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3 Roadblocks to Achieving Interoperability In A Value-based Care System
I am sure I am not the only one who has lost count of the times I’ve been asked “Why can’t the systems talk to each other?” or, in more technical terms, “Why don’t we have interoperability?”The numerous health IT solutions that we have around us today were meant to improve not just the delivery of care, but also enhance patient outcomes as the care continues across multiple practices. At the most basic level, I suppose we can define interoperability as two or more systems communicating with each
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Einstein, Humana Enter Value-based Care Agreement to Offer Better Patient Experience
Einstein Healthcare Network and Humana Inc. have entered into a value-based agreement designed to offer a coordinated, patient-centered experience to help Humana Medicare Advantage members achieve their best health. The value-based care agreement, in turn, teams Humana with Einstein Healthcare Network’s Accountable Care Organization, Einstein Care Partners, toward enhancing both the patient experience and patient outcomes in the Philadelphia area.Einstein Healthcare Network is a leading
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Texas HIE Selects Innovaccer to Advance Data-Driven Valued-based Care Initiatives
The Paso del Norte Health Information Exchange, PHIX, an El Paso, TX-based health information exchange (HIE) has selected Innovaccer, Inc., a Silicon Valley-based healthcare platform company, to leverage its technology for data-driven value-based initiatives. As a Health Information Exchange, PHIX will provide access to patient's longitudinal health record from across the care continuum. PHIX’s goal is to improve efficiency, increase quality of care, and improve patient safety.To realize their
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Twine Health Lands $1.5M to Expand AI-Powered Health Coaching Platform
Today, Twine Health, a four-year-old spinoff of the MIT Media Lab has raised $1.5 million in Series A1 funding led by Qiming Venture Partners USA. The company plans to used the latest round of funding to accelerate the development of its AI-powered health coaching platform, continued market expansion in the US, and early international sales, including in China. Twine has received a total of $8.3 million in venture funding to date including investment fromKhosla Ventures, Provenance Venture
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