Serving the Value-Based Care Community | |
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Welcome to this week's issue of VBC Newsstand brought to you by VBCExhibitHall.com
and spotlighting our Platinum-level exhibitor DataLink!
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The Commonwealth Fund | February 26, 2024
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Federally qualified health centers (FQHCs) provide comprehensive primary care and preventive services to more than 31.5 million patients across the United States, regardless of their ability to pay. FQHCs have a unique financing structure that relies on federal grant funding and low Medicaid reimbursements. As a result, they operate on thin, often unpredictable financial margins, which limits their ability to implement and sustain improvements. Value-based payment (VBP) models could help. Under VBP arrangements, payment is tied to the quality, cost, and equity of care rather than the volume of services delivered. Providers are often given an upfront lump sum for each patient, giving them greater flexibility to deliver the right care at the right time. Experts have suggested that VBP could be particularly beneficial for FQHCs in the long run by making funding more predictable, freeing up resources for them to innovate, and supporting greater investment in infrastructure. | | |
Over the past few years, in an effort to promote better outcomes for patients, healthcare providers, payers, researchers, and regulators have started paying more attention to a once-overlooked area of healthcare: chronic wounds. Chronic wounds encompass injuries such as burns and surgical site infections, as well as pressure injuries (bedsores), hospital-acquired pressure injuries (known by the acronym HAPIs), and diabetic ulcers. The advent of value-based care initiatives and heavy penalties for HAPIs are leading to changes in wound care. Not only do these injuries cause pain for the individual, but they also add to a hospital’s costs, are a cause for readmissions, and can lead to additional infections and even death. Dedicated clinicians and innovators bringing promising technologies, products, and services to the market are starting to move the dial in managing costs and improving outcomes. | |  |
Optum Health CEO Amar Desai, M.D., took the stage at ViVE on Monday morning to discuss the company’s value-based care ambitions and strategy, but there was a clear elephant in the room: the cyberattack on Change Healthcare that’s still causing disruption nationwide. Desai said the Optum team has been in regular communication with its clients’ technology and cybersecurity leaders as it navigates a response to the lingering challenge. He emphasized that the issue is confined to Change’s systems, and that Optum broadly, UnitedHealthcare and UnitedHealth Group were spared. “We don’t have much more to share than what has been shared publicly, but we continue to work the problem,” he said. “We have external partners also engaged with us in every aspect of it.” | | |
 | Andrew Molosky, the president and CEO of Chapters Health System, is keenly aware of the struggles that coincide with turning a large health care provider organization into a value-based one. The first priority in that situation, in his mind, is making sure that the entire organization is on the same page in terms of what value-based care really means, he told Home Health Care News last month at Home Care 100 in Scottsdale, Arizona. “I think the first relationship that you must establish is a pretty good internal harmony with your employee base, your stakeholders, your governance structure, whatever that might be,” he said. “Because nothing will waylay an organization faster than when you have people feeling the priorities differently.” The Tampa, Florida-based Chapters Health System is a community-based nonprofit organization. It provides a range of home-based care services to about 120,000 patients. It has been approaching value-based care as a priority for quite some time now, and with urgency. | | |
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VBCEH Exhibitors
in the News!
Featuring CareAllies
| Black Book Research has revealed the leading consultants for physician practices and medical organizations, based on feedback from 1,707 VBC providers regarding advisory outcomes, and client satisfaction. A total of 56 consultant firms received crowd-sourced evaluations from polls conducted between September 2023 and February 2024. For the seventh consecutive year, CareAllies, a division of The CIGNA Group, has been recognized as the top-rated VBC Transformation and Strategy Advisor. Clients reported the highest level of customer experience in areas such as accountable care organization support, value-based arrangements, and provider-payer partnerships. | | |
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. | | |
Value-based Care is a Team Sport: How Providers Can Operationalize Risk Adjustment Initiatives | March 21, 2024 | 2 PM EST | How providers can develop a robust data strategy by harnessing a variety of data sources, including from payers, to optimize resource allocation for improved patient care | | |
Check back next week for more webinar announcements! | | | |
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An HCC V28
State of the Union:
The Key to Excelling at VBC in 2024
| Top takeaways from the first month of the V28 phase-in period and practical changes that can be implemented to help organizations make smoother transitions | | |
Designing Equitable Solutions to Increase BCS Completions Across Diverse Populations | How health organizations can increase breast cancer screening completions by delivering equitable digital engagement solutions to overcome barriers across diverse populations | | | |
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All Roads Lead to Value-Based Care, Part 4:
Real-life Operationalization of VBC
| Examples of how value-based care is being put into practice in real-world scenarios, including successful VBC initiatives in hospitals and nursing facilities; the role of data analytics in implementing VBC | | |
5 Ways ACOs Can Boost Cost Control through APP Quality Reporting |
Five areas where ACOs can segue their quality measurement activities into cost performance gains to lower total cost of care |
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Check our our Webinar Archive to view past webinars on a variety of value-based care related topics! | | | |
Third Virtual National Healthcare Transparency & No Surprise Act Summit | April 16 - 19, 2024 | Virtual | | |
APG Spring Conference 2024 |
May 29 - 31, 2024 | San Diego, CA | | | |
DataLink provides flexible data-driven solutions that help value-based care providers, payers, and organizations improve quality performance, optimize risk accuracy, and reduce costs. With intelligent insights, automated workflows, and advanced interoperability technology, DataLink simplifies value-based care so that providers can focus on what matters most: delivering the best health outcomes. Data-Link is widely recognized for setting industry standards with best-in-class, scalable data-driven solutions that simplify value-based care. | | | |
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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! | |
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Special Disclaimer
Unless stated otherwise, the opinions expressed in the articles featured in VBC Newsstand Weekly and the VBCExhibitHall.com Resource Library are those of individual authors and publishers and do not necessarily reflect the views of VBCExhibitHall.com or its team members (unless otherwise stated). We strive to provide a variety of perspectives on healthcare topics to promote diversity of thought and to foster informed discussions. VBCExhibitHall.com is not affiliated with the authors or publishers of the articles featured in this newsletter and does not have control over their content or editorial decisions. While we make efforts to carefully select and curate articles from reputable sources, VBCExhibitHall.com cannot guarantee the accuracy or completeness of the information provided in the featured articles. We do not assume any responsibility or liability for any errors, omissions, or inaccuracies in the content.
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Sincerely,
The VBCExhibitHall.com Team
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