Value-Based Contracting

Bundled Payment Model, Lump Sum Insurance Plans Make Headway

by Vera Gruessner

As the healthcare industry especially the medical insurance space continues to seek methods for reducing ever-increasing costs, the bundled payment model shows more promise for payers and providers...

Cost Transparency, ‘Consumer-driven Healthcare’ Impacts Payers

by Vera Gruessner

Cost transparency remains a vital aspect of healthcare reform among both providers and payers. Uninsured consumers and those who have employer-sponsored health coverage are continually finding the...

AHA Claims Stark Law Harms Value-based Care Reimbursement

by Vera Gruessner

The American Hospital Association (AHA) has encouraged Congress, specifically the House Committee on Ways and Means, to put an end to regulatory obstacles standing in the way of value-based care...

‘Patient Voice’ Missing from Healthcare Spending Conversation

by Vera Gruessner

Chronic disease continues to lead to heavy healthcare spending and health payers have aimed their sights on better understanding methods for preventing and addressing chronic medical conditions. Both...

Payers, Providers Use Population Health Management to Cut Costs

by Vera Gruessner

Health payers and providers of today are working more closely together to develop effective care management strategies meant to reduce medical costs, improve quality of care, and ensure better patient...

CMS Published Final Rule for Surgical Bundled Payment Model

by Vera Gruessner

On January 15, 2016, the final rule for the Comprehensive Care for Joint Replacement model took effect, which is a new reimbursement program for orthopedic surgeries developed by the Centers for...

Top Challenges of Alternative Payment Models, Bundled Payments

by Vera Gruessner

The Center for American Progress released a report last Spring that tracks the progress and success of alternative payment models within the Medicare program. The report outlines that a...

HHS Announces $157M for Accountable Health Communities Model

by Vera Gruessner

Earlier this week, the Department of Health and Human Services (HHS) announced new funds available of as much as $157 million to develop an Accountable Health Communities Model, which will show whether...

Population Health, Risk-sharing Vital for Accountable Care

by Vera Gruessner

Accountable Care Organizations (ACOs) were established in order to strengthen care coordination among a multitude of medical facilities, improve population health management, and stabilize rising...

Why are Bundled Payment Systems Difficult to Adopt?

by Vera Gruessner

While bundled payment systems have been advocated as a means to reduce the costs of medical care by the Centers for Medicare & Medicaid Services (CMS), many health insurers and providers are still...

How ICD-10 Diagnosis Coding Impacts HEDIS Quality Reporting

by Vera Gruessner

On October 1, 2015, healthcare providers and payers across the entire nation switched over to ICD-10 diagnosis coding and left the ICD-9 coding behind. Today the ICD-10 diagnosis coding system is being...

New Framework for MACRA’s Alternative Payment Models Released

by Vera Gruessner

Earlier this year, the federal government passed the Medicare Access & CHIP Reauthorization Act of 2015 (MACRA), which reforms the Medicare program by abolishing the Sustainable Growth Rate (SGR)...

Value-based Care, Member Incentives May be Payers’ ‘Holy Grail’

by Vera Gruessner

The healthcare payer industry is expected to change drastically over the coming years as more insurance companies adopt new business models and focus on value-based care. Moving away from...

Value-based Payment Models Pose Challenge to Physicians

by Vera Gruessner

In HealthEdge’s State of the Payer Industry Survey, more than 80 percent of polled health payers are planning to support value-based payment models over the next three years. Additionally, nearly...

Mergers in Health Insurance Market Don’t Pose ‘Pure Monopoly’

by Vera Gruessner

In recent months, four major players in the health insurance market have come together to form two separate mergers. The Aetna-Humana and Anthem-Cigna mergers have caused significant uproar among...

HIT Boosts Population Health Data Analysis, Patient Outcomes

by Vera Gruessner

When healthcare providers join together to form an Accountable Care Organization, a major goal of theirs is to improve the health of their given population. But what are some key areas where ACOs and...

How Total Cost of Care Transparency Aids Payment Reform

by Vera Gruessner

What’s the first step in addressing methods for reducing medical costs and strengthening healthcare delivery? Improving transparency behind healthcare spending as well as educating stakeholders...

Prescription Drug Spending Growth Skyrocketed 13% in 2014

by Vera Gruessner

In 2014, the rise of prescription drug spending hit 13 percent while overall healthcare spending growth increased by 5 percent. This steep rise is causing concern among both federal agencies like the...

Population Health Management Achieved through Accountable Care

by Vera Gruessner

Population health management is a complex area within the healthcare industry that has received a much bigger spotlight in recent years. In particular, after the Patient Protection and Affordable Care...

Why Value-based Care Needs Clinical Decision Support Tools

by Vera Gruessner

Ever since new legislation such as the Affordable Care Act or the Health Information Technology for Economic and Clinical Health (HITECH) Act were passed, the healthcare industry has been reforming and...