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Serving the Value-Based Care Community
July 28, 2023
Welcome to this week's issue of VBC Newsstand brought to you by VBCExhibitHall.com
Value-based healthcare, the holy grail of American medicine, has three parts: excellent clinical quality, convenient access and affordability for all. And as with the holy grail of medieval legend, the quest for value-based care has been filled with failure. In the 20th century, U.S. medical groups and hospital systems could—at best—achieve two elements of value-based care, but always at the sacrifice of the third. Until recently, American medicine lacked the clinical knowhow, technology and operational excellence to accomplish all three, simultaneously. We now have the tools. The only thing missing is “system-ness.”
The advent of value-based care, based on the Institute for Healthcare Improvement “Triple AIM” framework (improving the health of populations, reducing the per capita cost of care and improving the individual experience of care) has motivated providers to shift their focus from volume to value. And, as providers shift to value-based activities, their reimbursement model is also more in alignment with payers. Like payers, providers now benefit from a fundamental understanding of and ability to manage risk.
Quality and quantity have a nuanced relationship in the healthcare system: put simply, payers want to reduce members’ quantity of low-value services while increasing the number of services that produce better quality care. As a result, utilization measures that track the use of high- and low-value care are critical to a value-based structure. The triple aims of value-based care—improving member experience, population health, and cost per capita in healthcare—all draw on utilization measurement data.
Integrating episodes of care within your population health infrastructure can drive higher value specialty care and increase savings earned. While CMS aims to support more coordination between bundles and ACOs, organizations should set a specialty care strategy that works for them. Specialty care accounts for a disproportionate share of healthcare expenditures in the US, driven in part by remarkable advancements in diagnosing, preventing, and treating serious illness. Responsible for an estimated $2 trillion dollars annually and 63% of all medical expenditures, specialty care is also a substantial source of variation in quality, outcomes, and access.
Sponsored Webinars
UPCOMING WEBINARS:

The Explosion of Value Based Care: How Technology Can Help Us Scale
  • Topic: How technology can accommodate and accelerate the rapid growth of Value Based Care Organizations
Sponsored by: mPulse Mobile
August 8, 2023 | 1 PM EST

How Privia NT and VillageMD Leveraged Referral Automation and Data to Reduce Leakage, Specialty, & Admin Costs
  • Topic: leveraging referral automation and data within your EHR to reduce leakage, Specialty & Admin costs
Sponsored by: ReferralPoint
August 9, 2023 | 1 PM EST

Migrating to HCC V28: 5 Keys to Success
  • Topic: Identifying and discussing changes to risk scoring under HCC V28 & how to ensure success
August 10, 2023 | 1 PM EST


RECORDED WEBINARS:

Leveraging digital health to improve quality metrics that matter
  • Topic: How leveraging digital tools can help with efficient meaningful patient data collection, enhance clinical efficiency, and decrease cost of care with proactive interventions
Sponsored by: Propeller Health

Panel Discussion: Accelerating Insights in Value-Based Care
  • Topic: Adopting data through the recent Beneficiary Claims DATA API (BCDA) enhancement to advance patient prioritization, care coordination, financial forecasting, adverse event notification and more
Sponsored by: CareJourney

Client Review: How Harnessing Healthjump’s EHR Data Results in Time Savings for Practices
  • Topic: How Healthjump's innovative EHR platform has revolutionized practices with seamless integration, workflow efficiency, and financial advantages
Sponsored by: Healthjump

Check our our Webinar Archive to view past webinars on a variety of value-based care related topics!

Upcoming Conferences
RISE West 2023
August 28-30, 2023 | Dallas, TX

Activate2023
September 27-28, 2023 | Minneapolis, MN

23rd Population Health Colloquium
September 18-20, 2023 | Philadelphia, PA
EXHIBITOR SPOTLIGHT
Net Health develops advanced analytics solutions that empower SNFs, health systems, payers, and other post-acute care stakeholders to improve facility performance and patient outcomes.
Platinum Level Exhibitors
Thank you to our Platinum Level exhibitors. These organizations offer the absolute highest quality products & services to the ACO & IPA community. To learn more & visit their interactive booths, click on the logos below:
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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