Value-based Reimbursement

90% of SNFs Predict No Shift in Value-Based Payments in 2020

by Jacqueline LaPointe

Long-term and post-acute care providers cannot move forward with value-based payment implementation without the support of technology, according to a recent Black Book Research survey. The survey of...

CMS Value-Based Purchasing Not Behind Hospital Readmission Decline

by Jacqueline LaPointe

A value-based purchasing program run by CMS has been credited with the drop in 30-day hospital readmission rates through 2014. But a new analysis led by researchers at Harvard Medical School offers an...

Data, Clinical Champions Key to Risk-Based Payment Model Success

by Jacqueline LaPointe

Healthcare spending is unsustainable and risk-based payment models are one of the ways to address that problem. Neither of these concepts are new to the healthcare community and have been around for...

Radiation Oncology Bundle Inaccurately Predicts Some Cancer Costs

by Samantha McGrail

A proposed bundled payment model for radiation oncology cold underestimate payments for prostate cancer, a new analysis from Avalere,  finds.  The healthcare consulting firm based in...

Partners, Patients Key to Achieving Value-Based Care Results

by Jacqueline LaPointe

For over a decade, the healthcare industry has been shifting provider reimbursement from a fee-for-service system to one based on the value of services provided to patients, and new payment models have...

CMS to Pay $1.9B in Value-Based Purchasing Incentive Payments

by Jacqueline LaPointe

More hospitals will share in incentive payments under Medicare’s Value-Based Purchasing Program in the 2020 fiscal year (FY) than will receive penalties, according to a new CMS announcement. The...

Healthcare Price Transparency, APMs Fail to Control Costs in MA

by Samantha McGrail

Despite aiming to reduce costs and help consumers shop for quality, affordable medical services, healthcare price transparency tools in Massachusetts are not working as intended, according to a new...

36% of Payments Tied to Alternative Payment Models in 2018

by Jacqueline LaPointe

The healthcare industry is slowing phasing out fee-for-service payments for alternative payment models (APM), according to the latest APM Measurement Effort report from the Health Care Payment Learning...

More States Require Value-Based Reimbursement in Medicaid

by Samantha McGrail

The number of states with Medicaid managed care requiring value-based reimbursement as part of the public healthcare program increased from 22 out of 39 states in 2017 to 28 out of 40 states by 2019, a...

HHS Endorses Alternative Payment Model for Emergency Medicine

by Samantha McGrail

ACEP, an association representing 40,000 emergency physician members, developed and submitted the Acute Unscheduled Care Model (AUCM) to HHS’ Physician-Focused Payment Model Technical Advisory...

Outsourcing on the Mind as Hospitals Pursue Value-Based Care

by Jacqueline LaPointe

Ninety percent of hospital leaders are considering outsourcing both clinical and non-clinical functions to achieve cost-efficiencies and succeed in value-based care models, revealed a recent Black Book...

CMS Proposes New Exceptions to Stark Law for Value-Based Care

by Jacqueline LaPointe

A rule proposed by CMS earlier today aims to modernize Medicare’s physician self-referral law, which is also known as the Stark Law, in an effort to advance value-based care. The Stark law...

CMS Says Clinicians to Receive Advanced APM Bonus Payments Soon

by Jacqueline LaPointe

In a fact sheet created on Sept. 27, CMS announced that Advanced Alternative Payment Model (APM) bonus payments for participation in an approved model in 2017 will be going out to qualifying clinicians...

25% of Total Healthcare Spending Attributed to Waste, Study Finds

by Jacqueline LaPointe

Despite initiatives to reduce spending and promote value over volume, a new study showed that the US healthcare system still wasted between $760 billion to $935 billion, representing approximately...

Provider Incentives, M&A to Accelerate Value-Based Care Adoption

by Jacqueline LaPointe

Healthcare providers and other industry leaders are still facing significant challenges with value-based care adoption, but provider incentives and market consolidation could help accelerate the...

Medicare Shared Savings Program ACOs Saved $739M in 2018

by Jacqueline LaPointe

Accountable care organization (ACOs) in the Medicare Shared Savings Program saved $739.4 million in 2018 after accounting for shared savings and losses that year, according to program data released by...

Industry Group Ties Half of Business to Value-Based Payments

by Jacqueline LaPointe

Payer and provider members belonging to a group of leading healthcare stakeholders have increased the amount of business under value-based payments, even surpassing the 50 percent mark by the end of...

Stakeholders Criticize Payments, Measures in Mandatory ESRD Model

by Jacqueline LaPointe

Dialysis centers, major health systems, and other industry stakeholders are calling on CMS to reconsider a proposed end-stage renal disease (ESRD) model that will put providers at risk for at-home...

Reimbursement Adequacy, Timely Data Needed for Risk-Based Payment

by Jacqueline LaPointe

Reimbursement inadequacy, timeliness of data, and access to data are preventing hospitals and health systems from moving to risk-based payment, according to a recent survey from healthcare improvement...

Price Transparency, Consumerism Top Issues for Healthcare Execs

by Jacqueline LaPointe

Leaders from payer and provider organizations are developing strategies to address rising healthcare costs in 2020 through price transparency and more consumer-focused initiatives, according to...