Two recent reports have determined that building an effective post-acute care network will help healthcare systems improve patient outcomes while reducing costs and spending variations. Analysis from The Institute of Medicine and a Deloitte survey both indicate that—in order to succeed in value-based care—health systems need to establish a trusted, narrow network of high-quality, post-acute care partners. Not […]
Read More
For the post-acute healthcare industry, last year was full of fear and uncertainty. After the initial (and prolonged) tumult of the Affordable Care Act and the eventual (uneasy) alliance the industry formed with it, the new Trump administration seemed poised to shake everything up again. Well, the dust has cleared after the administration’s first year, […]
Read More
The shift away from fee-for-service toward value-based care is fully underway, and the reason for this move is clear. Healthcare costs are skyrocketing. Currently, healthcare represents almost 20 percent of the gross domestic product (GDP), and those costs are growing faster than the economy can keep up. The biggest steps toward curtailing healthcare expenses including […]
Read More
The Centers for Medicare & Medicaid Services (CMS) recently launched its newest bundled payment model, the voluntary Bundled Payments for Care Improvement (BPCI) Advanced, and they are doing something unique in the healthcare industry – pleasing both clinicians and management. “Volunteer bundles are a very attractive proposition for providers and health systems to generate outside […]
Read More
Post-acute care providers are facing an uphill battle when it comes to value-based care, and it is largely due to their IT infrastructure. A recent survey from Black Book Market Research of over 2,000 long-term and post-acute care facilities revealed that one of the biggest issues facing these organizations is an inability to share healthcare […]
Read More
According to a recent report from the American Hospital Association (AHA), the healthcare industry spends roughly $39 billion annually on regulatory compliance efforts. Interestingly, while perhaps not unexpectedly, this burden becomes seven times greater when post-acute is added to the mix. The study found that average-sized hospitals spend nearly $7.6 million each year on administrative […]
Read More