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.
Health systems investing more in Remote Patient Monitoring
A vast majority of hospitals and health systems i.e. 88 percent have invested in or plan to invest in remote patient monitoring (RPM) technologies. This is due to the transition that they are making to a value-based care model.
Telehealth can provide support to Medicare Diabetes Prevention Program
Medicare Diabetes Prevention Program (MDPP) is not getting a satisfying response so, lawmakers have urged federal officials to add telehealth to the program. A group of 19 senators have addressed a letter to Health and Human Services Secretary Alex Azar and Centers for Medicare & Medicaid Services Administrator Seema Verma, asking them to make virtual care part of a Medicare-backed service.