UnitedHealthcare, the nation’s largest private payer, is increasing its commitment to value-based care models. In the last three years, the amount of UnitedHealthcare’s care-provider reimbursements tied to value-based care programs has nearly tripled to $64 billion annually. By the close of 2020, that number is expected to reach $75 billion. Nearly one in every three […]
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Achieving most of the Centers for Medicare & Medicaid Services’ (CMS) value-based care efforts requires the ability to monitor patients through the continuum of care and accurately report on that patient’s journey. It also requires that several disparate organizations coordinate their efforts and work together to achieve the best outcomes at the lowest costs. However, this […]
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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, […]
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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 […]
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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 […]
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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 […]
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