Accountable care organizations (ACOs) were formed to move the health care industry away from fee-for-service towards value-based care. ACOs strive to improve patient outcomes and population health management to keep costs to a minimum through care coordination and shared savings payment model.
Cloud-based ERP supports the journey towards value-based care
As the process of rolling out EHRs slows, the focus has shifted to the next generation of ERP system, cloud-hosted solutions that link HR, finance and supply chain. KLAS finds in its latest report that more and more C-suite executives are learning the benefits of the cloud: improved efficiency and transparency, massive computing power, better security, all at lower operating costs.
Value-based model gains a greater foothold, cut 20% of MA spending
There is mounting evidence to confirm that value-based care models are more cost-effective than fee-for-service, according to Humana’s fifth Value-Based Care Report, which said bundled payments and value-based payer-provider partnership are key to this process.
Impact of value-based healthcare is being felt widely
After years of discussion, fee-for-service payment models are finally being challenged in a real way. With value-based care, providers are reimbursed based on patient health outcomes instead of number of patients they see. Value-based care needs vendors as well as providers to operate differently. But these new revenue models and the modern approach to hiring deserve special consideration.
Blue Cross in Texas wants to provide low cost healthcare
Blue Cross Blue Shield of Texas aims to do more than just pay healthcare bills. The state’s largest health insurer is getting in the provider business. It has goals to lower health costs, improve care and reach out to many Texans who don’t have insurance or medical home.