Serving the Value-Based Care Community | |
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Healthcare Dive | June 10, 2024
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The American healthcare system is shifting away from traditional fee-for-service (FFS) to a new payment model, one that ties provider reimbursement to patient results rather than the quantity of services provided. This model, value-based care, is gaining traction in the U.S. According to the Health Care Payment Learning & Action Network’s 2023 report on participation in alternative payment models, about 60% of healthcare payments made in the previous year included some form of quality or value component, an increase from 53% in 2017 and 11% in 2012. This change to value-based care is transforming the healthcare system and will significantly impact the future of healthcare. Medical practices can expect many benefits from this transformation—but only after fully embracing the shift. That’s why it’s so important to understand and embrace the changes value-based care brings to healthcare. | | |
Health insurance provider Humana Inc. announced the release of a groundbreaking Value-Based Care (VBC) Issue Brief focused on nephrology, the medical specialty treating kidney disease. The issue brief report highlights the significant potential of VBC arrangements to improve patient outcomes and reduce healthcare costs for individuals with chronic kidney disease (CKD) and end-stage renal disease (ESRD). VBC represents a paradigm shift in healthcare, moving away from fee-for-service models that reward the number of patients seen and procedures performed. Instead, VBC incentivizes healthcare providers based on patient outcomes and the quality of care delivered. This focus on results aligns well with the needs of CKD and ESRD patients, who require ongoing management and preventive measures. | | |
During the CMS Health Equity conference, the “Implementing Health Equity Through Value-Based Care for People in Medicare” session featured a series of expert speakers who detailed cutting-edge developments in postacute care and fee-for-service Medicare. They shared their insights on pioneering strategies and new codes designed to meet health-related social needs, highlighting practical approaches that propelled the programs forward. Cindy Massuda, JD, senior technical advisor, CMS, and Chris Palmer, MPA, shared groundbreaking work on health equity in postacute care. Massuda discussed preliminary results from the Screen Positive for Health-Related Social Needs Indicator and summarized national statistics from the 2023 Health Equity Confidential Feedback Reports for Post-Acute Care. | | |
A study from the National Quality Forum (NQF) estimates that approximately 144,000 lives could be saved over 10 years by improving just two key areas of quality: colorectal cancer screening and blood pressure control. The study, published in Health Affairs Scholar, used national data to estimate the impact of improved performance on two specific quality measures widely used in public- and private-sector accountability programs. Value-based care programs rely on quality measures to track performance and reward improvement. While there have been numerous estimates of the costs of measuring the quality of care, to this point, the researchers noted that little information about the offsetting human benefit of such value-based payment models has been available. NQF said its research provides evidence supporting the potential of such programs to save lives and avoid harms to patients. | | |
| With the current administration of President Joe Biden, the U.S. Centers for Medicare & Medicaid Services (CMS) continue to make health equity a key aspect of value-based care. Studies are increasingly detailing how the conditions in which people are born, grow, live, work, and age – what are known as the social determinants of health (SDOH) – have an enormous impact on health outcomes, which we saw play out in COVID-19 cases. In particular, research documents that SDOH inequities are not only directly related to, but are one of the main causes of disparities in health outcomes. As a result, health providers are increasingly looking at SDOH as comorbidities and are exploring ways to practically integrate SDOH into their care models and recommendations in an attempt to measurably improve patient outcomes. However, according to The Physicians Foundation’s Survey of America’s Physicians, six out of 10 physicians said they do not have the time needed during appointments to adequately address SDOH with patients. | | |
Upcoming Sponsored Webinars | |
VBCExhibitHall offers FREE educational webinars for those who are working in value-based care (VBC), or would like to learn more about VBC! We encourage people to attend the live webinars so as to have the opportunity to participate in the Q&A. However, if you are unable to attend, a link to the recorded webinar is sent to all who sign up. Please register using an accurate email address so that you can receive the link to join and to the recording. | |
Overcoming Population Health Pitfalls: 5 Proven Strategies for Value-based Care Orchestration |
Population health pitfalls and how leaders can make data-driven program decision to avoid them and manage total cost of care | | |
How the CMS National Quality Strategy Can Guide You on Your Value-Based Care Journey, Part Two |
CMS National Quality Strategy and the CMS Innovation Center, and the ways in which they can provide the foundation of your plan
(Part Two of Three: Using Innovation Center Models to Drive Efficient Specialty Care)
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Interoperability & TEFCA: The Road that Got Us Here, Where We Are Now, What's Next | The pivotal journey of interoperability in healthcare, exploring the significance of the Trusted Exchange Framework and Common Agreement (TEFCA), current data insights, and future directions | | |
Surviving and Thriving Under the Persistent Movement to Value-Based Care Arrangements | July 11, 2024 | 12 PM EST | The evolution of VBP arrangements and projections for growth, outcomes under VBC programs, and the importance of data mining to identify insights that drive success | | |
How the CMS National Quality Strategy Can Guide You on Your Value-Based Care Journey, Part Three |
CMS National Quality Strategy and the CMS Innovation Center, and the ways in which they can provide the foundation of your plan
(Part Three of Three: Maintaining Your Competitive Edge: How to Avoid Stagnation)
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Check back next week for more webinar announcements! | | |
Beyond GUIDE: How data-driven strategies are paving the path for better dementia care | A case study of how data-informed approaches are being used within dementia care to identify critical areas of need, address underdiagnosis, promote health equity, and improve patient outcomes | | |
How the CMS National Quality Strategy Can Guide You on Your Value-Based Care Journey, Part One |
CMS National Quality Strategy and the CMS Innovation Center, and the ways in which they can provide the foundation of your plan
(Part One of Three: Value-Based Primary Care Means More than Measuring Total Cost of Care)
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Check out our Webinar Archive to view past webinars on a variety of value-based care related topics! | | |
Virtual Fifth National Medicare Advantage Summit | July 9 - 12, 2024 | Virtual | | |
VBCExhibitHall welcomes a new Gold-level exhibitor!
Introducing:
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Symbion Coding partners with medical organizations to develop tailored solutions they need to enhance their operations, improve compliance, and achieve accurate financial results. Founded in 2015, Symbion Coding has worked with several clients to optimize their coding and billing compliance, improve their coding accuracy, and unlock millions of dollars in revenue. Symbion Coding understands the intricacies of medical coding and the importance of compliance. Their tailored solutions are designed to meet the specific needs of organizations, ensuring that they remain compliant while optimizing their revenue streams. Symbion Coding's commitment to quality and accuracy sets them apart in the industry, making them a trusted partner for ACOs and MSOs. | | |
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Platinum Level Exhibitors
Thank you to our Platinum Level exhibitors! These organizations offer the absolute highest quality products & services to the value-based care community. To learn more & visit their interactive booths, click on the logos below:
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Gold Level Exhibitors
Thank you to our Gold Level exhibitors! To learn more & visit their interactive booths, click on the logos below:
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Find out how your organization can be featured here and receive additional benefits including a customized booth on our website, social media campaigns, hosted and marketed webinars, an interactive session with top-level VBC executives and consultants, and more! Click here! | | | | |