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 HDAI!
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Fierce Healthcare | March 22, 2024
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Long-term and post-acute care (LTPAC) providers play a vital role in our health system. As one of the most complex patient populations, LTPAC patients are a considerable driver of Medicare costs.
According to the Medicare Payment Advisory Commission, Medicare spent nearly $57 billion on post-acute care—around 15% of total spending. Forty percent of inpatient hospital discharges are followed by LTPAC services, totaling nearly 2 million skilled nursing facility (SNF) stays per year. Continuing to improve and coordinate post-acute care can lead to higher quality and lower costs. As such, LTPAC providers are in a position to lead the way on value-based care. Unfortunately, many existing value-based care models, such as accountable care organizations, do not accommodate the unique challenges these providers face.
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In the digital age, the healthcare industry is increasingly reliant on technology to streamline operations, enhance patient care, and improve outcomes. A critical aspect of this technological evolution is the interoperability of healthcare systems, particularly for medical record retrieval. Interoperability, the ability of different information systems, devices, and applications to access, exchange, integrate, and cooperatively use data in a coordinated manner, is fundamental to achieving a seamless healthcare experience. This blog explores the significance of interoperability in medical record retrieval, outlining its benefits, challenges, and strategic importance for healthcare providers and technology partners like AaNeel. | |  |
Generative artificial intelligence (AI) is the most pivotal pragmaticchange in how physicians interact with patients since the advent of the electronic health record (EHR). As health care grapples with a tremendous amount of provider burnout—and the resulting mass exit from the field—it is exciting to consider how generative AI could help restore the patient connections that energize so many physicians. It is ironic to think that technology could revolutionize the human relationship between physicians and patients. However, suppose physicians no longer need to stare into a tablet or desktop monitor during patient visits. In that case, it is easy to imagine how much stronger our clinical interactions could be. | | |
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Healthcare is in flux. Hospitals across the nation report clinician shortages and tight margins, and insurers are pushing more care into the lower cost settings.
Forward-looking hospital leaders are feeling the pinch and getting serious about value-based care, which means promoting leaders who can embrace this value transition and innovate for the future. “I anticipate a dedicated set of roles and skills to help navigate the path from fee for service and volume to value-heavy agreements [will be essential],” David Rottinghaus, MD, president of the physician network at Butler (Pa.) Health System, told Becker’s. “We will need to make sure there is a steady flow of revenue to sustain health system operations, while directing resources toward quality arrangements with payers.” But the transition is easier said than done, especially because it can take months for health systems to realize the benefits of hitting quality metrics.
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 | One way Northern Health, a major provider in Melbourne’s north, is creating value for its patients and community, is by enabling its clinicians to offer virtual options. It began during the pandemic. As with the rest of the industry, the organisation too had to accelerate its digital transformation by embracing digital tools for delivering remote care. However, they had to make do with little technologies available to them back then. “Systems were clunky, there was little or limited integration of our systems and poor interoperability,” recalled Dr Katharine See, chief health outcomes officer and director of Respiratory Medicine at Northern Health. Once the dust settled, they realised that they could never go back to the way things were before. Northern Health is now receiving over 114,000 admissions each year; its emergency department alone treats over 111,000 patients annually with the auxiliary Victorian Virtual Emergency Department now attending to calls from more than 103,000 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. | | |
Fix your Patient Referral Process Now with Data and Automation |
How to leverage data and automation to reduce costs, enhance satisfaction, and close the referral loop to meet VBC contractual requirements | | |
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Your ACO Guide to Targeting Costs with Data-Driven Strategies:
Best Strategies for ACO Cost Control with Easily-Available Data
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The types of data that ACOs have available to them for targeting avoidable costs, and which strategies make the biggest gains
(Part one of a three-part series; focuses on claims data and simply accessed clinical data)
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Your ACO Guide to Targeting Costs with Data-Driven Strategies:
Best Strategies for ACO Cost Control with Quality plus Claims Data
| April 17, 2024 | 1 PM EST | |
The types of data that ACOs have available to them for targeting avoidable costs, and which strategies make the biggest gains
(Part two of a three-part series; focuses on quality measure data)
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Maximizing Healthcare Efficiency: How Deviceless Remote Patient Monitoring Saved a Physician-owned Practice $1.4 Million | April 24, 2024 | 1 PM EST | How Mankato Clinic deployed Deviceless Remote Patient Monitoring to engage thousands of patients across chronic and mental health conditions and catch patients before conditions exacerbated | | | |
How Buena Vida y Salud ACO uses predictive targeting to help keep patients healthy at home | April 25, 2024 | 1 PM EST | How the system of Buena Vida y Salud ACO navigates complexities of rising costs and utilization of their aging patient population | | |
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The Medicare Advantage V28 transition:
What we learned in year 1
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April 30, 2024 | 12 PM EST |
The impact of V28 on revenue, key diagnoses to focus on, and data- and clinically-driven mitigation strategies. | | | |
Your ACO Guide to Targeting Costs with Data-Driven Strategies: Data Flush? Best ACO Options for Prioritizing Cost Initiatives Based on RoI | |
The types of data that ACOs have available to them for targeting avoidable costs, and which strategies make the biggest gains
(Part three of a three-part series; focuses on EHR aggregated data)
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Check back next week for more webinar announcements! | | | |
Value-based Care is a Team Sport: How Providers Can Operationalize Risk Adjustment Initiatives | 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 out 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 | | | |
MRO is accelerating the exchange of clinical data throughout the healthcare ecosystem on behalf of providers, payers and users of clinical data. By utilizing industry-leading solutions and incorporating the latest technology, MRO is helping providers and payers manage and exchange of clinical data. With a 20-year legacy and as a 10-time KLAS winner, MRO brings a technology-driven mindset built upon a customer-first service foundation and a relentless focus on customer excellence. MRO connects over 200 EHRs, 200,000 providers, 35,000 practices, and 900 hospitals while extracting more than 1.3 billion clinical records. |
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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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