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 Gold-level exhibitor AaNeel!
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MedCity News | January 25, 2024
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American healthcare is highly inefficient. Across a variety of long-term health and treatment outcomes and patient safety metrics, the U.S. has lower performance compared with countries of similar economic status, despite spending more money per capita than its peers. In 2022, the U.S. spent an estimated $12,555 per person on healthcare — the highest among Organization for Economic Co-operation and Development’s (OECD) countries and nearly double the average for wealthy OECD countries (excluding the U.S.). With U.S. national health expenditures expected to outpace average GDP growth between 2022 and 2031, there is an urgent need for new approaches to reduce healthcare costs, while improving health outcomes. In other words, American healthcare must become much more efficient without compromising the quality of care. | | |
In 2024, 50 accountable care organizations are new to the Medicare Shared Savings Program (MSSP) and 71 ACOs renewed participation, according to new numbers released by the Centers for Medicare & Medicaid Services (CMS) Monday. The total number of participants now stands at 480 ACO programs, with 245 organizations continuing in ACO REACH and the Kidney Care Choices (KCC), two types of CMS Innovation Center models. More than 634,000 providers and organizations serve nearly 11 million people in traditional Medicare. In 2022, 483 ACOs were participating in MSSP, showing a lack of overall growth in program participation. | |  |
The Ohio State University Wexner Medical Center and CVS Accountable Care, a part of CVS Health, have announced the creation of an accountable care organization for a coordinated approach to delivering care. The new CVS ACO is a Medicare Shared Savings Program Enhanced track ACO. CVS Accountable Care was formed last year as a result of bringing together Signify Health Value-based Care Solutions with the CVS Accountable Care Organization. CVS Health won the competitive battle in early 2023 to acquire Signify Health, a company that leverages advanced analytics, technology and nationwide provider networks for value-based payment programs | | |
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The business case for health equity
Physicians Practice | January 29, 2024
| When I was 14 years old, my parents moved our family home within Miami Dade County. We shifted from zip code 33157 to 33183, and as I’ve recently learned, this increased our life expectancy from ~79 years to ~86 years. My parents didn’t have a college education or any access to this type of data, but instinctively they moved toward what we all want and should have — safer neighborhoods, good schools, grocery stores with fresh foods, and job opportunities. Zip code determines up to 60% of health, and life expectancy can vary up to 30 years within a 10-mile span. Yet over 50 million Americans live in economically distressed zip codes, and we’re a far cry from all Americans having “the fair and just opportunity for every person to attain their highest level of health,” per the CDC. | | |
Accountable care organizations in traditional Medicare are prospering, federal regulators said in new data released Monday. However, participation in Medicare’s largest value-based care program has stayed generally the same over the last five years. Roughly 13.7 million Medicare patients this year — nearly half of beneficiaries on traditional Medicare — are in accountable care organizations, or ACOs, groups of providers that work together to coordinate patients’ care. That’s a 3% increase from 2023, the CMS said. Similarly, almost 817,000 providers are participating, compared with 700,000 last year. Participation in ACOs is important since the organizations have been shown to create better outcomes than non-ACO physician groups, and create savings for Medicare’s trust fund as the program faces rapidly approaching insolvency. | | |
Upcoming Sponsored Webinars | | |
Establishing your Medicare Advantage HEDIS strategy for the year |
February 13, 2024 | 12 PM EST | Innovative and unconventional approaches to Medicare Advantage HEDIS strategy from real-world experiences. | | |
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All Roads Lead to Value-Based Care, Part 4:
Real-life Operationalization of VBC
| February 21, 2024 | 1 PM EST | 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 | | | |
Designing Equitable Solutions to Increase BCS Completions Across Diverse Populations | February 22, 2024 | 1 PM EST | 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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An HCC V28
State of the Union:
The Key to Excelling at VBC in 2024
| February 29, 2024 | 1 PM EST | 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 | | | |
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Customize Your APP Reporting Approach for Lowest Cost Now –
and Future Innovation
| Examining options for APP Reporting from a cost and burden standpoint and finding the most cost-effective solution to build upon for the future | | |
Patient & Provider Engagement: Better Health. Better Outcomes. | Next-Gen Health Engagement and real-world experience with developing a high performing health ecosystem through provider and payer relationships | | |
Check our our Webinar Archive to view past webinars on a variety of value-based care related topics! | |
Third Virtual Value-Based Payments Summit Special Edition: Held in Conjunction with the Second Health Care Value Week | January 29 - February 2, 2024 | Virtual | | |
Check back next week for more conference announcements! | | | |
AaNeel knows that surviving in today's healthcare market is no easy task for value-based care organizations. That is why they created a system specifically designed for ACOs. Their custom HIPAA-compliant solution helps ACOs maximize their revenues and is customizable for each organization's specific needs. AaNeel excels in improving the quality of patient-centered care through cost containment methodologies in order to achieve shared savings with exceptional quality scores for ACOs and health systems. | | | |
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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
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Sincerely,
The VBCExhibitHall.com Team
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