Serving the Value-Based Care Community | |
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Welcome to this week's issue of VBC Newsstand brought to you by VBCExhibitHall.com
and spotlighting our Gold-level exhibitor Summit Re!
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Fierce Healthcare | February 15, 2024
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Seven durable medical equipment companies cost the Medicare system $2 billion in payments, the National Association of ACOs (NAACOS) told the federal government in recent months. But it’s unclear just how problematic that will be for accountable care organizations. The association’s allegations come from a review of two billing codes for Medicare claims data from the Centers for Medicare & Medicaid Services (CMS) Virtual Research Data Center. They say urinary catheter payments to beneficiaries accounted for $153 million in 2021 before surging to $2.1 billion in 2023. Catheter spending by DMEs increased by 15.5% as false claims were filed around the country. These payments could financially impact ACOs, potentially cutting into the groups’ hard-earned savings and affecting benchmarking calculations for future years. | | |
| Giving birth in the United States is dangerous, and even more so if you are Black or Indigenous, live in a rural area, or have a low income. Maternal deaths continue to rise, even though the vast majority are preventable. The rate of people experiencing severe maternal morbidity is climbing, and perinatal anxiety and depression are widespread and go largely untreated. Meanwhile, our cesarean birth rate remains stubbornly high despite professional guidelinesthat aim to curtail unneeded cesareans. More than one-third of US counties have been designated as maternity care deserts. This intractable maternal health crisis threatens our shared future as a country. Research shows that what happens from pregnancy through the postpartum and infant periods can have long-term, even lifelong, health effects for birthing people and their children. One leading strategy for confronting this crisis is to advance payment and delivery reforms with the specific aim of improving maternal-newborn outcomes and increasing equity. | | |
Recently, I’ve become uncomfortable with the buzzword of health care reform in our time: “value-based care.” We’ll look closely at that term in this article and sketch out some paths forward to something better. Some context: During the 15 years that I’ve been covering health care IT, commonplace terminology has been repeatedly re-examined. The terms chosen by clinicians and payers say a lot about biases and assumptions, and the field has seen many shifts with the goal of educating us to be more sensitive. (The terms “No-show” and “non-compliance” are on the outs, for instance.) Value-based care, and the earlier phrase “fee-for-value” it seems to have replaced, are monikers for a commendable and crucial movement to meet the patients where they are, with the hope of significant gains in treating chronic conditions. But the word “value” indicates we’re still more concerned with the payer’s point of view than the health of the patient.
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The term health equity has found its way into business plans, patient-facing documents, regulations, initiatives, and the news. A recent Deloitte report noted that over 80% of c-suite executives spanning healthcare organizations and the life sciences anticipate a 2024 focus on improved health equity, flagging it as a top 10 goal for the year. In particular, the CDC calls for addressing social determinants of health (SDoH) as a primary method to deliver on health equity goals. With such emphasis on both terms and a drive to incorporate them into healthcare, organizations can benefit from support to ensure they steer clear of using SDoH as a buzzword, and instead hit the mark of health equity results. Ultimately, moving beyond mere talk about SDoH and into action matters for healthcare groups’ abilities to succeed in value-based care models and beyond. | | |
As we move into 2024, health care is experiencing unprecedented digital innovation and transformation. New technologies and capabilities are emerging to enable organizations – including payers, providers, and self-funded employers – to confidently take on risk in value-based care (VBC) programs.The American Academy of Family Physicians reports that 49% of practices are participating in some form of value-based payment, and the Centers for Medicare and Medicaid Services (CMS) is still pushing its goal of having all Medicare and most Medicaid beneficiaries in accountable care relationships by 2030. The VBC model incentivizes providers and payers to deliver higher quality care and optimize patient outcomes while reducing costs. VBC has gained significant traction in recent years, and its momentum is only expected to increase. Health care delivery organizations prepared for these changes will thrive in a value-based future.
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Upcoming Sponsored Webinars | |
5 Ways ACOs Can Boost Cost Control through APP Quality Reporting |
February 20, 2024 | 1 PM EST | Five areas where ACOs can segue their quality measurement activities into cost performance gains to lower total cost of care | | |
All Roads Lead to Value-Based Care, Part 4:
Real-life Operationalization of VBC
| February 21, 2024 | 1 PM EST | Examples of how value-based care is being put into practice in real-world scenarios, including successful VBC initiatives in hospitals and nursing facilities; the role of data analytics in implementing VBC | | |
Designing Equitable Solutions to Increase BCS Completions Across Diverse Populations | February 22, 2024 | 1 PM EST | How health organizations can increase breast cancer screening completions by delivering equitable digital engagement solutions to overcome barriers across diverse populations | | |
An HCC V28
State of the Union:
The Key to Excelling at VBC in 2024
| February 29, 2024 | 1 PM EST | Top takeaways from the first month of the V28 phase-in period and practical changes that can be implemented to help organizations make smoother transitions | | |
Establishing your Medicare Advantage HEDIS strategy for the year |
Innovative and unconventional approaches to Medicare Advantage HEDIS strategy from real-world experiences. | | |
Customize Your APP Reporting Approach for Lowest Cost Now –
and Future Innovation
| Examining options for APP Reporting from a cost and burden standpoint and finding the most cost-effective solution to build upon for the future | | |
Check our our Webinar Archive to view past webinars on a variety of value-based care related topics! | | |
Third Virtual National Healthcare Transparency & No Surprise Act Summit | April 16 - 19, 2024 | Virtual | | |
APG Spring Conference 2024 |
May 29 - 31, 2024 | San Diego, CA | | |
On occasion, we showcase one of our solution providers in a 4-5 minute interview and ask them what they bring to the VBC Community and what sets them apart.
Today's guest:
| Summit Re is a managing general underwriter and reinsurance advisor working with health insurers, managed care organizations, ACOs, and self-funded employers throughout the US. Summit Re promises a consistent, fair, and effective underwriting methodology that factors in the unique characteristics and experiences of their customers and their businesses in order to produce the best long-term results. | | |
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Platinum Level Exhibitors
Thank you to our Platinum Level exhibitors! These organizations offer the absolute highest quality products & services to the value-based care community. To learn more & visit their interactive booths, click on the logos below:
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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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Find out how your organization can be featured here and receive additional benefits including a customized booth on our website, social media campaigns, hosted and marketed webinars, an interactive session with top-level VBC executives and consultants, and more! Click here! | |
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Sincerely,
The VBCExhibitHall.com Team
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