Value-based Reimbursement

62% of Consumers Unfamiliar with Value-Based Care, Study Finds

by Victoria Bailey

More than half of consumers are unfamiliar with value-based care, and for the ones who are aware of it, only a quarter can define the healthcare model correctly, a new study from nonprofit health plan...

Next Generation ACO Model Has Saved Medicare $667M, So Far

by Jacqueline LaPointe

The Next Generation Accountable Care Organization (ACO) Model has saved Medicare millions of dollars over the past four performance years. But with one more year to go due to the COVID-19 pandemic, the...

CMS Lays Out New Strategy for Advancing Value-Based Care, APMs

by Jacqueline LaPointe

The delivery and payment of care will look a lot different by 2030, according to CMS. The federal agency has announced that it expects all Medicare beneficiaries with Parts A and B to be in a care...

What It Takes for Medicare ACOs to Earn Shared Savings

by Jacqueline LaPointe

The majority of accountable care organizations (ACOs) participating in the Medicare Shared Savings Program earned shared savings last year despite dealing with a global pandemic that altered healthcare...

Key Characteristics for Successful Downside Risk Contracting

by Erin McNemar, MPA

Organizations that do strong vendor relationships, invest in the organization, and are willing to take on commercial risk will be poised to take on downside risk financial contracts. Through working...

Value-Based Payment Models May Help Hospitals Prepare for Surges

by Victoria Bailey

Hospitals and health systems can implement value-based payment models to ensure preparedness for seasonal and pandemic capacity surges, according to industry experts. Hospitals experienced increased...

Top Challenges of the Merit-Based Incentive Payment System

by Victoria Bailey

The Government Accountability Office (GAO) analyzed performance data from providers who participated in the Merit-Based Incentive Payment System (MIPS) between 2017 and 2019 and found that some...

Surgical Costs, Complications Slowed Under MD’s All-Payer Model

by Jacqueline LaPointe

An all-payer model that puts caps on hospital spending has slowed surgical spending and the rate of avoidable complications across major surgical procedures, according to a recent study published in...

How Morgan Health is Paving the Way for Advanced Primary Care

by Jacqueline LaPointe

Advanced primary care tied to a person-level payment model is key to improving outcomes and reducing costs, at least according to the Duke Margolis Center for Health Policy and Morgan Health, a new...

Risk-Based Revenue Stalls Despite Challenges with Fee-For-Service

by Jacqueline LaPointe

Most hospitals suffered heavy financial losses during the COVID-19 pandemic as a direct result of the fee-for-service payment system, yet progress toward a more stable, risk-based revenue structure...

For-Profit Hospitals Use Conveners for Bundled Payment Success

by Jacqueline LaPointe

The use of conveners for bundled payment success is more common among non-teaching and for-profit hospitals, and those that use conveners tend to select more episodes with higher target prices,...

Primary Care Faces Existential Threat Over Healthcare Workforce Woes

by Jacqueline LaPointe

Clinician burnout, lay-offs, and other healthcare workforce challenges coming out of the COVID-19 pandemic are creating issues for primary care, according to a new survey. About 40 percent of over 700...

AMGA to CMS: Rethink ACO Financial Risk Advancement in MSSP

by Victoria Bailey

The American Medical Group Association (AMGA) recommended several steps regarding accountable care organization (ACO) financial risk advancement in the Medicare Shared Savings Program (MSSP) in a...

CMS Proposes New Value-Based Payment for End-Stage Renal Disease

by Jacqueline LaPointe

CMS has issued a proposed rule that would create a new value-based payment pathway for end-stage renal disease (ESRD) facilities, as well as update Medicare rates for renal dialysis services next...

Patient-Centered Alternative Payment Models Needed for Success

by Victoria Bailey

The solution to alternative payment model (APM) success is implementing patient-centered models developed by front-line physicians, according to Jack Resneck, Jr., MD, president-elect of the American...

Number of Accountable Care Organizations Declined During COVID-19

by Jacqueline LaPointe

Accountable care organization (ACO) growth has hit a snag again, with the COVID-19 pandemic impacting the number of ACOs in public and private contracts, according to a new analysis. The analysis...

MedPAC to HHS: Reduce Number of Alternative Payment Models

by Jacqueline LaPointe

To advance value-based care, the Medicare Payment Advisory Commission (MedPAC) has suggested that HHS reduce its number of alternative payment models (APMs) now that it has lessons learned from a wide...

Value-Based Contracting 101: Preparing, Negotiating, and Succeeding

by Jacqueline LaPointe

The Triple Aim. The Quadruple Aim. Right care at the right place at the right time. Whether one works in a hospital or small independent practice, healthcare providers are leaning on these concepts to deliver valuable care to their...

No Extension for Next Generation ACO Model After This Year

by Jacqueline LaPointe

The Next Generation Accountable Care Organization (ACO) Model will come to an end at the end of this year as planned despite several calls for an extension, according to an email to model...

Healthcare Payment Reform is Critical to Improving Primary Care

by Jill McKeon

High-quality primary care implementation requires significant healthcare payment reform, expanded telehealth capabilities, and team-based care, according to a recent report from the National...