Value-Based Contracting

Humana Expands Medicare Orthopedic Bundled Payment Programs

by Jesse Migneault

The nation’s fourth largest healthcare payer recently announced it will be expanding its orthopedic bundled payment programs to eight new groups in Indiana and Kentucky.  The value-based...

Why Payers Should Reduce Cost Sharing for High-Value Care

by Vera Gruessner

Today, more healthcare payers are positioning greater cost-sharing onto the consumers to keep from raising premium rates, according to commentary published in JAMA Internal Medicine. The 2016 National...

Primary Care Payment Reform Targeted in Multi-Payer Initiative

by Vera Gruessner

The Centers for Medicare & Medicaid Services (CMS) are renovating how primary care is delivered throughout the United States. According to a news release from the agency, CMS is launching a program...

Why Health Insurance Claims Data Needs Medical Device ID

by Vera Gruessner

If health insurance companies truly want to improve patient health outcomes including the quality of care and boost patient safety in an effort to reduce wasteful spending, it may be beneficial for...

CMS Continues to Reform through Healthcare Bundled Payments

by Vera Gruessner

As of April 1, 2016, healthcare bundled payments have become a part of the reimbursement strategy of hospitals providing hip and knee replacement surgeries as well as the Centers for Medicare &...

Medicaid Challenges with Value-Based Care Payment Models

by Vera Gruessner

With the federal government and the healthcare industry as a whole focusing their efforts on adopting value-based care payment models that revolutionize medical care, it should come as no surprise that...

Concierge Medicine Model Impacts Population Health Management

by Vera Gruessner

The concierge medicine model is becoming more and more prominent around the nation, as healthcare providers continue to adopt the new payment system. While many hospitals and physicians are finding...

Will Changes in Medicare Part B Drug Prescribing Cut Costs?

by Vera Gruessner

The Centers for Medicare & Medicaid Services announced last week that new healthcare payment models would be utilized in Medicare Part B drug prescribing practices. These innovative reimbursement...

How Data, Value-Based Care Drives Down Health Insurance Costs

by Vera Gruessner

In today’s world, the average employee and business owner are seeing a rise in health insurance costs. Even through the health insurance exchange, premium prices are expected to rise this year...

How One Health Payer Partnership Reduced Hospitalizations

by Vera Gruessner

Recently, the health payer Blue Cross and Blue Shield of Illinois (BCBSIL) announced in a press release that it will be extending its partnership with the American Lung Association of the Upper Midwest...

‘The Future is Accountable Care,’ Population Health Management

by Vera Gruessner

Effective population health management remains a key aspect of running a successful accountable care network. As part of a stronger population health management program, the primary care...

5 Elements Essential for Value-based Care Reimbursement

by Vera Gruessner

The health insurance industry has been undergoing significant changes ever since the Patient Protection and Affordable Care Act became law and rising healthcare spending brought a need for payment...

Population Health Vital for Alternative Payment Model Success

by Vera Gruessner

The Department of Health and Human Services (HHS) has given the healthcare industry three years to transition toward alternative payment models. HHS Secretary Sylvia Burwell announced last year that,...

Value-based Care Reimbursement Makes Strides in Health Plans

by Vera Gruessner

The fee-for-service payment model is slowly becoming an antiquated concept as more insurers and healthcare providers adopt value-based care reimbursement. Karen Ignani, President of Emblem Health and...

Is Health Information Technology ‘Imperative for Payers’?

by Vera Gruessner

Health information technology remains a key aspect of maneuvering the health payer industry toward automating workflows and improving medical claims management. However, some insurers are still having...

Payers Continue Favoring Accountable Care Organizations

by Vera Gruessner

As the health payer industry and the Centers for Medicare & Medicaid Services (CMS) continues to invest in value-based care reimbursement and tie payment to quality performance measurement, the...

How Risk-based Bundled Payment Arrangements Boost Quality

by Vera Gruessner

Bundled payment arrangements are slowly being recognized by providers and payers as methods for reaching the Triple Aim – quality care improvements, lower costs, and better health outcomes. Some...

Hospitals Lagging Behind in Population Health Management

by Vera Gruessner

As most health payers know, population health management and value-based care payments go hand-in-hand. When it comes to effective population health management, data storage and analysis plays an...

Merit-Based Incentive Payment System Transforms Meaningful Use

by Vera Gruessner

Last Spring, the Senate and the House of Representatives passed the Medicare Access and CHIP Reauthorization Act of 2015 (MACRA) and repealed the former flawed SGR formula. Over the coming years, this...

Precision Medicine is a ‘Whole New Ballgame for Insurers’

by Vera Gruessner

Recently, President Barack Obama has announced a national “Moonshot” program to put an end to cancer as a whole. Vice President Joe Biden has been appointed the main leader of this project,...