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
Can CMS’s New Advanced Payment Bundles Save Healthcare?
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
Most Post-Acute Providers Cannot Achieve Value-Based Care Goals. Fortunately, One Solution is Ready to Help Them Succeed.
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
Compliance Burdens are Burying Post-Acute Providers – Fortunately Relief is Available
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
10,000 Baby Boomers Reach Retirement Every Day, Is the Healthcare Industry Ready?
According to Pew Research and the Social Security Administration, 10,000 men and women reach retirement age each day. If that number seems big – it is. The impact to society will be huge, especially to healthcare. The vast amount of Americans hitting age 65 over the next few years means the number of people eligible […]Read More
Post-Acute Providers Need to Act Now to Offset Potential Medicaid Cuts
Many healthcare professionals – especially those connected to skilled nursing facilities (SNF) – are extremely worried about the proposed tax plan coming out of the House of Representatives. The House recently passed a $4.1 trillion budget plan that promises deep cuts to social programs, including removing nearly $1 trillion from Medicaid’s budget over the next […]Read More